House Republicans plan a summer vote on a congressional stock trading ban and new restrictions on lawmakers’ prediction market activity. Read More at https://cointelegraph.com/news/house-gop-summer-vote-ban-lawmakers-prediction-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ
Some of the largest banks are reportedly launching a tokenized deposit network in early 2027 in response to growing competition from stablecoin companies entering TradFi. Read More at https://cointelegraph.com/news/jpmorgan-citi-bank-of-america-launch-tokenized-deposit-system-2027?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How low can Bitcoin price go if $60K support fails?
Bitcoin’s downside targets cluster near $50,000, but a larger weekly bearish setup puts a deeper correction toward $33,000 on the radar. Read More at https://cointelegraph.com/markets/how-low-can-bitcoin-price-go-if-60k-support-fails?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Forward Industries moves $32M in SOL amid $1B paper loss
Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries. Read More at https://cointelegraph.com/news/forward-industries-moves-319m-in-sol-to-coinbase-prime-amid-113b-paper-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea police probe Polymarket users over illegal gambling claims: Report
South Korean police reportedly launched the country’s first illegal gambling probe into local Polymarket users amid election-betting scrutiny. Read More at https://cointelegraph.com/news/south-korean-authorities-first-illegal-gambling-probe-polymarket-users?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto billionaires bankroll Nigel Farage’s pro-crypto party
Tether-linked billionaire Christopher Harborne and BitMEX co-founder Ben Delo donated $9.4 million to Nigel Farage’s Reform UK in the first quarter. Read More at https://cointelegraph.com/news/crypto-billionaires-bankroll-reform-uk-more-than-other-parties?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale
“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl. Read More at https://cointelegraph.com/news/strategys-leveraged-bitcoin-model-faces-first-stress-test-grayscale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Anthropic’s warning: AI is on the cusp of getting smarter on its own
Companies have been developing AI very quickly to stay ahead of the market, but Favaro and Clark argue that a slowdown would allow more time to deal with the technology’s implications. Read More at https://cointelegraph.com/news/anthropic-ai-self-improvement-agents-recursive-development?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ZEC drops 30% after Anthropic AI finds Zcash counterfeit vulnerability
ZEC market capitalization fell by almost $3 billion over the past 24 hours following the disclosure of a critical vulnerability, despite it being patched already. Read More at https://cointelegraph.com/news/zec-tanks-30-after-ai-security-review-discovers-critical-zcash-vulnerability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Senate Republicans push finance watchdogs to clarify crypto capital rules
Senator Cynthia Lummis has led a group of lawmakers urging financial regulators for “fair capital treatment for on-balance sheet treatment of digital assets.” Read More at https://cointelegraph.com/news/senate-republicans-push-finance-regulators-to-clarify-crypto-capital-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound