Cryptelio

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Policy · 1 week ago Chris Land Leads Senate Negotiations on Digital Asset Market Clarity Act Chris Land, a key figure in the Senate's crypto regulation efforts, is spearheading the Digital Asset Market Clarity Act, which aims to clarify jurisdictional oversight between the SEC and CFTC. Macro · 1 week ago House Committee to Vote on Bitcoin Reserve Bill Amid Bipartisan Challenges The American Reserve Modernization Act, which seeks to formalize the U.S. Bitcoin reserve, faces a crucial vote in the House Financial Services Committee on September 16, with limited Democratic support. DeFi · 1 week ago Balancer Proposes Shutdown Following $130 Million Hack and Revenue Decline Balancer, a prominent DeFi platform, is considering an orderly shutdown after struggling to recover from a significant hack and failing to generate sustainable revenue. A governance proposal for winding down operations and distributing treasury funds Markets · 1 week ago AllianceBernstein and Digital Realty Address AI Development Slowdown Impact Both AllianceBernstein and Digital Realty emphasize that a slowdown in AI development will not significantly affect tech fundraising or data center demand, respectively. Custody · 1 week ago New Crypto Tax Bill Introduced in House with Key Exemptions and Provisions House lawmakers have introduced the Digital Asset Tax Certainty Act, which includes a $10 exemption for blockchain transaction fees and clarifies tax treatment for mining and staking rewards. Layer-2 · 1 week ago Ethereum Name Service Proposes Layer-2 Migration to Reduce Domain Costs The Ethereum Name Service (ENS) is exploring a migration to a Layer-2 registry model to lower domain registration and renewal costs, addressing high fees on the Ethereum mainnet. Derivatives · 1 week ago BingX Transforms into Multi-Asset Trading Platform to Enhance User Experience BingX has announced its evolution into a multi-asset trading platform, integrating crypto and traditional markets to provide users with broader trading opportunities. Funding · 1 week ago Strategy Prioritizes $950 Million STRC Buyback Over Bitcoin Accumulation Strategy has focused on a $950 million buyback of STRC shares, significantly outpacing its Bitcoin purchases since July. The company aims to support its preferred shares while maintaining a substantial Bitcoin treasury. Stablecoins · 1 week ago MEXC Releases September 2026 Proof of Reserves, BTC Reserve Ratio Hits 297% MEXC has published its September 2026 Proof of Reserves report, confirming that user assets are fully backed, with the BTC reserve ratio increasing to 297%. Stablecoins · 1 week ago Fin Launches with $17M Seed Funding to Transform Enterprise Payments Using Stablecoins Fin, co-founded by former Citadel engineers, has raised $17 million to develop a stablecoin-based payments platform aimed at simplifying cross-border transactions for enterprises. Custody · 1 week ago TrueMoney Integrates Fireblocks to Launch THBT Wallet in Thailand TrueMoney has partnered with Fireblocks to integrate a digital wallet for THBT within its app, enhancing blockchain payment capabilities for users in Thailand. Hacks & Exploits · 1 week ago Swiss Bitcoin Pay Shuts Down Servers Following Data Breach Investigation Swiss Bitcoin Pay has temporarily taken its servers offline after a suspected data breach, although user funds remain secure. Derivatives · 1 week ago Dogecoin and Cardano Face Market Challenges Amid Weak Demand and Bearish Sentiment Dogecoin trades below $0.083 and Cardano near $0.207 as both cryptocurrencies encounter bearish signals and weak institutional demand, raising concerns about potential declines. Macro · 1 week ago Crypto Treasury Firms Increase Holdings of Ethereum, Solana, and Bitcoin Amid Market Uncertainty Despite a challenging September for cryptocurrencies, several treasury firms have expanded their holdings of Ethereum, Solana, and Bitcoin, signaling confidence in the market ahead of a key Federal Reserve decision. Derivatives · 1 week ago Putin Postpones Summit Amid Rising Ukrainian Drone Threats President Vladimir Putin has delayed a planned summit due to concerns over Ukrainian drone attacks, reflecting escalating tensions in the Russia-Ukraine conflict. Derivatives · 1 week ago Balancer Proposes Wind Down and Treasury Distribution to BAL Holders Balancer has announced a governance proposal to wind down operations and distribute its treasury to BAL token holders, following a series of financial challenges. Companies · 1 week ago US DOJ Targets $61M in Crypto Linked to Iranian Military Oil Sales The US Department of Justice has initiated a civil forfeiture action against $61 million in cryptocurrency allegedly connected to the illicit sale of Iranian oil, implicating Chinese firms in the laundering process. Compliance · 1 week ago Mecca Defense Pact Stalls Amid Escalating Houthi-Saudi Conflict The Mecca defense pact's inaction against the Houthis reflects political divisions and enforcement issues, coinciding with increased Houthi attacks on Saudi Arabia. Companies · 1 week ago Ethereum Builders Face Dilemma Over Payment Structures Amid Evolving Protocols Ethereum builders are confronted with the challenge of choosing between locking up capital for payments or relying on trusted brokers, as discussions evolve around new payment mechanisms and account abstraction standards. Stablecoins · 1 week ago Opposition Grows Against Revised Digital Asset Market Clarity Act Before Senate Vote The revised Digital Asset Market Clarity Act faces significant pushback from banking groups, state attorneys general, and Senator Elizabeth Warren ahead of a crucial Senate vote.