Senate Majority Leader John Thune signals the crypto market-structure bill likely won't clear the chamber before the August recess, as Democrats reject the GOP's ethics language and analysts slash the odds of passage.
The Singapore-based pool never recovered from freezing withdrawals in 2022. Now it's auctioning off its last Texas mining sites to pay back 11,700 users still holding IOUs.
Twenty-five companies signed a letter defending open-weight models days after a Chinese AI helped Hugging Face survive a hack triggered by OpenAI's own systems.
BlackRock's IBIT led the exit as Bitcoin briefly dipped under $65,000 and stocks fell on renewed US-Iran hostilities—though the week still closed in the green.
Solomon's endorsement splits with JP Morgan's Jamie Dimon and banking trade groups, who warn the bill's stablecoin-yield provisions could pull deposits away from traditional lenders.
Nine of the biggest institutional names in Bitcoin formed a consortium to fund the developers working to keep the network secure—including from future quantum computers.