The U.S. Senate Banking Committee voted to advance the Clarity Act, a landmark crypto market structure bill, sending it to a full Senate vote and marking a historic step for U.S. crypto regulation.
[Brief] Moody’s Investors Service has awarded its highest credit rating to a tokenized money market fund jointly launched by Fidelity and BlackRock. This marks a significant milestone in traditional finance’s recognition of blockchain-based tokenized assets.
Solana’s Alpenglow upgrade is now open for testing. The upgrade aims to improve network performance and transaction throughput.
First-Ever Hyperliquid ETF Launches with Solid First-Day Trading Summary: The world’s first Hyperliquid ETF has officially launched, with analysts calling its first-day trading performance “very solid,” reflecting strong market interest in decentralized derivatives protocols. According to reports, the world’s first Hyperliquid ETF has officially launched and begun trading. Hyperliquid is a decentralized derivatives trading protocol with a substantial user base in the crypto space. Analysts noted that the ETF’s first-day trading performance was “very solid,” showing growing interest from traditional investors in decentralized finance (DeFi) protocols. ...
JPMorgan Files to Launch New Tokenized Fund as Wall Street Race Heats Up Summary: JPMorgan has filed to launch a new tokenized fund, intensifying competition among major Wall Street institutions in the asset tokenization space. According to reports, JPMorgan has filed with regulators to launch a new tokenized fund, marking the Wall Street giant’s further expansion into blockchain-based assets. Tokenization is the process of converting traditional financial assets – such as money market funds, bonds, and stocks – into digital tokens on blockchains. The technology is seen as a way to improve settlement efficiency, reduce transaction costs, and enhance asset liquidity. ...
Bitcoin rebounds above $81,000 after US CPI data, with BNB and DOGE leading major crypto gains.
Kelp DAO and Aave will resume rsETH operations following a $292 million exploit. Recovery is progressing.
Elliptic Raises $120 Million Backed by Nasdaq, Deutsche Bank Blockchain analytics firm Elliptic has closed a $120 million Series D funding round backed by Nasdaq and Deutsche Bank, according to TheBlock. The company leverages AI technology to enhance crypto security and compliance, serving exchanges and financial institutions.
Poland Lawmakers Debate Crypto Bills as PiS Party Submits Ban Proposal Polish lawmakers are debating cryptocurrency legislation while the PiS party has submitted a separate proposal to ban crypto, according to TheBlock. The development reflects divergent regulatory approaches across European nations.
USDC issuer Circle is developing a new $3 billion blockchain to support its stablecoin infrastructure, marking one of the largest infrastructure investments in the crypto industry.