The Senate Banking Committee has released a draft of the CLARITY Act, which aims to establish a regulatory framework for digital assets. The legislation is set to be marked up on Thursday and seeks to clarify the definitions and classifications of cryptocurrencies and other digital assets. Key provisions include a
Circle's stock experienced a significant increase following a strong performance in Q1, surpassing analysts' expectations. The company reported a revenue of $51 million, driven by increased demand for its USDC stablecoin. Additionally, Arc, a financial technology firm, successfully raised $222 million in a funding round, indicating robust
In 2025, North Korean hackers were responsible for stealing approximately $2.1 billion in cryptocurrency, accounting for 60% of all reported losses in the sector, according to a report by CertiK. The report highlights the increasing sophistication of cyberattacks linked to North Korea, which has been using stolen funds to
The Ethereum Foundation has announced significant milestones in its "Glamsterdam" initiative, aimed at enhancing the Ethereum network's scalability and efficiency. As part of this effort, the Foundation has appointed new leads for various protocols, signaling a strategic shift in leadership to drive innovation. The updates are
Three men have been charged in the United States for a series of violent attacks involving the use of a wrench to steal cryptocurrency from victims. The suspects targeted individuals who were engaged in cryptocurrency transactions, using physical force to take their digital assets. Law enforcement officials have linked the