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The Digital Asset Market Clarity Act faces a decisive stretch as the U.S. Senate returns from recess on Monday with roughly 20 working days left before the Aug. 7 break. The coming days should bring “further clarity” on the bill’s status alongside fresh inflation data and Federal Reserve speeches. A Crowded Calendar of Data, Fed … Read more
Lawson will test yen stablecoin payments in Tokyo as Netstars launches a merchant service supporting USDC, USDT and JPYC. Go to Source
Blackrock now manages $2.93 billion in tokenized assets onchain, with Ethereum leading the pack ahead of Avalanche, Solana, and BNB Chain. A Multichain Footprint Anchored by BUIDL The bulk of Blackrock’s onchain assets sit in the Blackrock USD Institutional Digital Liquidity Fund (BUIDL), the tokenized money market fund it launched with issuance platform Securitize in … Read more
Attackers seized the official X accounts of SpaceXAI and Starlink on Sunday to promote a memecoin called Scam Altman (SCATMAN), which briefly touched a $32 million market cap on Robinhood Chain. Lookonchain noted the hacker minted 10 trillion tokens and dumped them for about $135,000 in ether. A Verified-Account Playbook Strikes Elon Musk’s Companies The … Read more
Bitcoin is trading around $63,000, down 2% over the last 24 hours, as the United States launched a third round of strikes on Iran and Tehran declared the Strait of Hormuz closed “until further notice.” Brent crude surged 4.5% as weekend futures trading opened. Strikes Resume as the Ceasefire Collapses U.S. Central Command said its … Read more
The report stresses that “The Merge,” a foundational change in Ethereum’s consensus mechanism, reduced energy demand by 3.5 orders of magnitude, scaling down a network that required energy equivalent to a small nation-state like Iceland before the new proof-of-stake consensus change. Cambridge Center Highlights Ethereum Post-Merge Achievements in New Report Analysts are still scrutinizing the … Read more
South African mayor recently joined the metro police in a targeted night operation to impound luxury vehicles driven by self-proclaimed cryptocurrency and forex “traders” operating with fake or missing registrations. Luxury Seizures and Social Media Lures A crackdown on unregistered luxury vehicles in South Africa’s Cape Town has spotlighted the city’s growing battle against fraudulent … Read more
The AI-native cohort of the expanding gig economy could increasingly use stablecoins to avoid slow and expensive traditional payment rails, Australian crypto exchange Swyftx said. Go to Source
Thailand has been plagued by Chinese-affiliated scam centers, with illicit gains flowing through a “gray money” economy. Go to Source
U.S. gross national debt crossed $39 trillion in mid-March, and debt held by the public stood at over $31 trillion. With the Congressional Budget Office projecting a $1.9 trillion deficit in fiscal 2026 and public debt rising to $56 trillion by 2036, Sen. Cynthia Lummis is pitching the proposed BITCOIN Act to have the Treasury … Read more