Ripple CEO Brad Garlinghouse criticized JPMorgan’s opposition to the CLARITY Act as the US crypto regulation bill moves forward. The dispute underscores the stakes for institutional adoption and market structure.
Metaplanet is acquiring Siiibo Securities for $13 million to distribute Bitcoin-linked yield products in Japan under a Type I license.
Tokenized stocks and bonds are expanding through exchanges and regulated market tests. Kraken, Robinhood EU, DTCC, and Nasdaq are advancing different structural models.
MicroStrategy withdrew 411.5 BTC from Coinbase Prime after a brief deposit, easing sale concerns. BitMine Immersion Technologies bought 25,000 ETH the same day.
Polymarket is encouraging identity verification and blocking VPN access in restricted jurisdictions. High value trading activity can trigger KYC checks under internal thresholds.
Stake DAO’s Arbitrum deployer key was compromised, allowing 5.4 trillion fake vsdCRV tokens to be minted and swapped for ether. No smart contract flaw was identified.
Deel has launched stablecoin salary payouts on Polygon for eligible US and Eurozone employees. The feature integrates crypto payments into its existing global HR platform.
An apparent exploit of Polymarket’s UMA CTF Adapter has resulted in losses exceeding $520,000. The incident comes as DeFi records 19 hacks in May totaling $38.2 million.
The Federal Reserve has proposed a new payment account that could allow eligible crypto firms to access its clearing and settlement systems. A 60-day comment period is now open.
Missouri has filed a lawsuit against CoinFlip, alleging the crypto ATM operator facilitated fraudulent transactions. The state is seeking penalties and a potential ban on its operations.