Regulation
Warren calls weakened CFTC a ‘recipe for disaster’ as Congress advances crypto legislation
Senator Warren requested records related to staff departures, prediction market oversight and internal communications on the Clarity Act.
CryptoClub.cc
Security
Governance takeover lets attacker mint 10B TOP tokens in $1.5m exploit
Security researchers said the exploit targeted an Aragon DAO governance setup rather than Balancer itself.
Technology
TON officially rebrands Toncoin to Gram as Telegram deepens role in network
The Gram branding officially returns to TON as Telegram deepens its influence over the ecosystem and technical roadmap.
Regulation
Backpack US appoints former SEC Acting Chairman Piwowar to board amid push for crypto perps
Michael S. Piwowar was appointed by President Barack Obama and served as an SEC commissioner from 2013 to 2018.
Technology
Morpho raises $175M in round co-led by Paradigm, a16z crypto and Ribbit Capital to build ‘open credit network’
Morpho plans to build an open blockchain-based credit network to connect decentralized finance, Wall Street, and global markets.
Regulation
Trump Crypto Advisor Backs 6 Crypto Tax Bills On Staking, Mining, Capital Gains
Patrick Witt, the White House’s crypto policy adviser, expressed his backing of a fresh digital asset tax bill that has been submitted in the U.S. House panel. With that now, lawmakers respond to long-standing industry issues of staking, mining and crypto transactions. Ad Ad White House Crypto Advis
Technology
Coinbase and Cardless unveil credit card backed by stablecoins
Coinbase, the largest U.S. cryptocurrency exchange, has partnered with fintech company Cardless to launch a new credit card backed by stablecoins. The card allows users to use their USDC (USD Coin) holdings as collateral for credit transactions, marking a significant integration of digital assets into traditional payment infrastructure. The
Regulation
Over 200 crypto firms push Senate to pass CLARITY Act
Crypto lobby groups representing hundreds of organizations urged Senate leaders in a letter to schedule a vote on a key crypto bill ahead of the midterms.
Security
Zcash Crashed 50% On A Four-Year-Old Secret — The Recovery Has Quietly Begun
Zcash has completed a two-phase emergency network upgrade to fix a critical vulnerability in its Orchard shielded pool — a flaw that sat undetected for four years, could theoretically have allowed unlimited undetectable counterfeit ZEC creation, and triggered a 50% price collapse before the network’
Technology
OpenAI confidentially files to go public in the US
OpenAI says it filed for an initial public offering in the US, but has not yet decided when it will launch.
Security
Wallets linked to Humanity Protocol drained for over $32 million, token plunges 89%: onchain analyst
Out of the stolen amount, $23.7 million has been swapped for Ethereum, while around $7.9 million remains in H tokens.
Market
Active tokenized RWAs surge almost 600% despite crypto pullback: Binance
Tokenized stocks, gold and real estate are driving broader adoption as banks and institutions embrace blockchain-based assets despite a weaker crypto market.