US Senator Thom Tillis said members of the crypto and banking industries still need more time to be heard.
Brayden Lindrea
Brayden Lindrea is a staff writer at Cointelegraph and a member of the APAC news team. He joined the publication in 2022 and reports on cryptocurrency market developments, regulatory trends, cybercrime, and industry innovation, with a focus on Bitcoin adoption across community, institutional, and national contexts. He holds a bachelor’s degree in science from the University of Sydney.
- News
US senator urges delay of CLARITY Act Senate markup until May: Report - News
Aave risk manager models 2 bad debt scenarios from Kelp DAO exploit The first scenario is cheaper but risks rsETH depegging 15%, while the second is costlier but better protects Ethereum mainnet and concentrates losses at the layer-2 level.
- News
Coinbase is testing AI agents that show up on Slack and email Brian Armstrong has now predicted that AI agents will not only transact onchain more than humans but will outnumber employees at his company very soon.
- News
Polymarket in talks to raise $400M at a $15B valuation: Report Polymarket’s potential $15 billion valuation would still put it below the $22 billion valuation of competitor platform Kalshi in its latest funding round.
- News
Aave's TVL tanks $8B a day after $293M Kelp DAO hack The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.
- News
Circle unveils USDC Bridge for native cross-chain stablecoin transfers The USDC Bridge adds to Circle's Cross-Chain Transfer Protocol, which often sees over $500 million worth of USDC transfers each day.
- News
X's new Cashtags feature drives $1B trading volume in first 2 days Canadians using X’s Cashtags feature are directed to online brokerage Wealthsimple, but there is not yet an equivalent for US users.
- News
Worldcoin tanks 13% as World’s iris-scanning tech expands to Zoom, Docusign Most of the integrations are aimed at fighting deepfakes as the rise of AI-generated content makes it increasingly difficult to distinguish humans from AI.
- News
Cybersecurity researcher uncovers fake Ledger sold on Chinese marketplace The researcher said they examined the fake Ledger device’s firmware and found signs pointing to a Chinese semiconductor company named Espressif Systems.
- News
Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack Circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in April.
- News
Morgan Stanley’s Bitcoin fund overtakes WisdomTree after 6 trading days The Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024.
- News
CFTC probes oil futures trades tied to Trump's moves in Iran: Report The CFTC is investigating trades that took place before the US delayed strikes on Iranian energy infrastructure on March 23 and agreed to a ceasefire with Iran on April 7.
- News
Bitcoin should prepare now, even if quantum is 'lab experiment,’ Adam Back says Back said the safest approach is to build optional upgrades that would allow Bitcoin to migrate to quantum-resistant cryptography once it's needed.
- News
Apple removes fake Ledger app that stole $9.5M from crypto investors Apple told Cointelegraph that the fake Ledger Live app was removed and that the developer was terminated from its app store.
- News
Kraken boss signals IPO still in play despite reports of pause Kraken’s market valuation has dropped from $20 billion to $13.3 billion since the company confidentially filed for an IPO with the SEC in November.
- News
Banks challenge White House report on stablecoin yields The American Bankers Association is concerned that stablecoin yields would lead to mass deposit outflows from smaller community banks.
- News
Foundry launches Zcash mining pool, notches 29% hashrate in first month The launch of Foundry Zcash Pool has cut ViaBTC’s mining pool hashrate dominance from around 65% to 37%.
- News
Musician loses $420K Bitcoin ‘retirement fund’ via fake Ledger app Blockchain sleuth ZachXBT said Garrett Dutton’s 5.9 Bitcoin has already been sent to deposit addresses associated with KuCoin.
- News
Bitcoin dips to $70.6K, oil rises after US announces Hormuz blockade US President Donald Trump said Iran did not want to compromise its nuclear weapons program, stating it was the only issue that “really mattered.”
- News
BlackRock Bitcoin ETF sees $269M inflows, best day since early March Fidelity and Morgan Stanley’s Bitcoin ETFs also saw a combined $68.2 million in inflows, while four other Bitcoin ETFs also tallied inflows on Thursday.
- News
Elon Musk’s xAI sues Colorado arguing its AI rules restrict speech xAI argues that the law could force Grok to align with state-defined standards, which would conflict with its goal of “maximally truth-seeking” AI.
- News
CIA to integrate AI ‘co-workers’ to process intelligence, catch spies The CIA has already tested AI across 300 projects to process large data sets, assist with language translation and publish reports.
- News
99.99% of Polymarket traders shouldn't quit their day jobs, data suggests While nearly 16% of Polymarket users are in profit, only a tiny fraction have made gains large and consistent enough to entertain walking away from their day job.
- News
Counterhacker exposes DPRK unit that made $1M a month working IT jobs The North Korean IT workers coordinated crypto payments through a server using a shared, easy-to-guess password “123456.”
- News
Three Polymarket traders made timely bets on US-Iran ceasefire Lookonchain noted that the “yes” bets were placed at probabilities between 2.9% and 10.3%, with the three wallets placing their first bets within 26 hours of the announcement.
- News
Morgan Stanley's Bitcoin ETF set to launch on Wednesday The Morgan Stanley Bitcoin Trust will be the cheapest Bitcoin ETF on the market at an ultra-low 0.14% fee.
- News
FDIC moves to regulate stablecoin issuers under the GENIUS Act FDIC’s proposed rules providing insurance for corporate deposits of stablecoin issuers will not extend to the stablecoin holders, as it would conflict with the GENIUS Act’s text, the FDIC said.
- News
Onchain evidence was key to convicting 3 terrorism financiers: TRM Labs One of the three convicted terrorism financiers sent $49,000 worth of stablecoins to a foreign exchange before it was routed to an ISIS-linked campaign.
- News
Chaos Labs taps out as Aave's risk provider, decision ‘not made in haste’ DeFi risk manager Chaos Labs said Aave’s planned migration to Aave V4 introduced risks that it wasn’t willing to assume, while Aave said Chaos wanted to take on full control as the sole risk service provider.
- News
Circle unveils quantum-resistant roadmap for its layer-1 blockchain Arc Circle’s plan to make Arc quantum-resistant comes amid increasing fears that "Q-Day" may come sooner than anticipated.