Regulation
President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades
President Donald Trump reported trades in crypto firms like Coinbase and Robinhood, among others, according to new ethics filings.
CryptoClub.cc
Technology
Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge
Lombard Finance has become the latest protocol to migrate away from LayerZero's infrastructure, joining a broader movement that has seen approximately $4 billion in digital assets transition to Chainlink's Cross-Chain Interoperability Protocol (CCIP). The Bitcoin liquid staking protocol announced its decision to switch bridge providers, citing
Macro
Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks
Saudi Arabia has launched an ambitious initiative to tokenize significant portions of its multi-trillion dollar economy as part of a broader strategy to insulate its wealth from global economic volatility. The kingdom is implementing blockchain-based tokenization across various sectors including real estate, commodities, and government assets, according to reports from
Regulation
CME, ICE push U.S. regulators to scrutinize Hyperliquid over manipulation risks
Major U.S. derivatives exchanges CME Group and Intercontinental Exchange (ICE) have reportedly urged American regulators to investigate decentralized derivatives platform Hyperliquid over concerns about potential market manipulation risks. The traditional exchanges have raised questions about the oversight and regulatory compliance of the fast-growing DeFi platform, according to Bloomberg reporting.
Exchange
Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
Cryptocurrency exchange Kraken's parent company Payward has laid off approximately 150 employees as part of a strategic restructuring initiative ahead of its planned initial public offering. The workforce reduction represents roughly 15% of the company's total staff and affects multiple departments across the organization, according to
Regulation
Poland passes MiCA crypto bill as $96 million Zondacrypto probe deepens: report
Polish lawmakers adopted MiCA as prosecutors probe $96 million in losses from collapsed exchange Zondacrypto.
Regulation
Myanmar bill proposes death penalty for scam coercion, life imprisonment for crypto fraud: report
A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.
Security
Thorchain halts trading after $10 million cross-chain exploit, RUNE token drops 12%
Thorchain, a decentralized cross-chain liquidity protocol, has suspended all trading operations following a security exploit that drained approximately $10 million from the platform. The attack targeted the protocol's cross-chain bridge infrastructure, prompting developers to immediately halt network activity to prevent further losses. RUNE, Thorchain's native token,
Regulation
Victims of Iran attacks seek court order for turnover of $344 million in USDT frozen by Tether
U.S. terrorism judgment creditors seek a court order forcing Tether to turn over $344 million in frozen IRGC-linked USDT.
Exchange
OKX set to acquire 20% stake in South Korean crypto exchange Coinone: report
If approved, OKX would become the second global exchange to own a majority stake in a South Korean crypto platform, following Binance.
Regulation
B2C2 secures MiCA license in Luxembourg to offer OTC trading services across EU
The license allows B2C2 to extend OTC spot trading services across all EU member states and three EEA countries.
Regulation
XRP, DOGE surge 5%, bitcoin above $81,000 as CLARITY Act clears Senate banking panel
Major cryptocurrencies posted significant gains Thursday as the Senate Banking Committee approved the Digital Asset Market Structure and Investor Protection Act, commonly known as the CLARITY Act. XRP and Dogecoin each surged approximately 5%, while Bitcoin climbed above $81,000 for the first time since March. The broader crypto market