Regulation
Payments

Banking lobby attempts to kill Clarity Act’s stablecoin progress as markup is scheduled for next week

US banks are mounting an aggressive lobbying effort to stall the CLARITY Act, even as key US lawmakers signal a…
Markets

Law enforcement freezes $41M connected to $150M crypto Ponzi collapse

BG Wealth Sharing, according to authorities, claimed to provide guidance on crypto trading, advertised heavily on social media and offered…
Infrastructure

Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink

The protocol shift comes as a $71 million court fight continues to unfold. Read Full Story at Decrypt.co →
Markets

CME Group to Launch Bitcoin Volatility Futures on June 1

The derivatives giant is rolling out CFTC-regulated contracts that let traders isolate Bitcoin volatility from price direction, settling to a…
DeFi

Drift outlines a recovery plan for users after $295 million DPRK-linked exploit

The lending protocol proposed tokenized claims, a revenue-backed pool and a security overhaul as it works with law enforcement to…
AI

Pennsylvania Sues Character.AI Over Chatbot Posing as Licensed Psychiatrist

Pennsylvania Governor Josh Shapiro said the lawsuit targets AI bots that misrepresent themselves as licensed medical professionals. Read Full Story…
Infrastructure

Iggy Azalea Faces Lawsuit Over Solana Meme Coin

Investors allege the rapper misled buyers about the token’s real-world utility. Read Full Story at Decrypt.co →
DeFi

Aave says creditors are trying to seize stolen ETH before victims get their $71M back

Aave filed an emergency motion last week to free millions in frozen ETH from a restraining order issued against the…
Markets

SEC Pumps the Brakes on First Prediction-Market ETFs, Delaying 24 Products

The SEC requested more information from Roundhill, GraniteShares, and Bitwise on ETFs that would have given retail investors stock-like access…
DeFi

Aave Fights to Unfreeze $71 Million as Kelp DAO Hack Spills Into Court

A federal case over frozen crypto could determine whether DeFi recovery funds can be seized to satisfy unrelated judgments. Read…