The coming week will determine if the Senate can bridge the gaps to make regulatory clarity a reality The Digital Asset Market Clarity Act is moving toward a pivotal Senate vote next week, according to US Senator Tim Scott. According to Breitbart News, Scott confirmed that a markup for the landmark crypto market structure bill
For high-energy mining operations, any step toward cheaper electricity is a move toward long-term sustainability Bitfinex analysts suggest that US efforts to tap into Venezuela’s massive oil reserves could lead to a significant drop in electricity costs for Bitcoin miners. By securing access to these vast resources, the energy market may see a shift toward
The truth behind mining power consumption shows it’s not hurting the environment New research is continuing to challenge the idea that crypto mining is a drain on global resources, particularly when it comes to Bitcoin. Environmental, social, and governance researcher Daniel Batten says many of the most common criticisms around mining are not backed by
The framework may eventually be used to link crypto wallets to real identities Crypto investors in 48 countries are set to face increased reporting requirements as a new global transparency system begins taking shape. Under the Crypto-Asset Reporting Framework, or CARF, crypto wallet transactions will start being tracked for tax purposes, marking a major shift
The well-known crypto sleuth has been able to track where stolen assets went Blockchain investigator ZachXBT says he has uncovered a crypto scam that cost users more than $2 million after a fraudster posed as a Coinbase customer support agent. The scheme targeted users of Coinbase and relied on social engineering rather than technical exploits.
While blockchain networks trail legacy systems in throughput, systems like Fermi show how quickly that gap is narrowing The BNB Chain has confirmed that its upcoming Fermi hard fork will go live on the mainnet on January 14, following nearly two months of testing. The upgrade is designed to improve speed and efficiency as the
Trust Wallet owner Binance has promised to replace those funds lost during the attack Users of Trust Wallet were hit by a security breach on Christmas Day that led to losses estimated at around $7 million. The attack targeted desktop users running an outdated browser extension and was the result of weeks of preparation, according
The efforts show growing momentum in Congress to align crypto taxes with how the technology actually works US lawmakers are pressing federal tax officials to rethink how cryptocurrency staking rewards are taxed, warning that current rules could unfairly hit investors twice. A bipartisan group in the House is asking the Internal Revenue Service to revisit
The appointment could pave the way for a more crypto-friendly regulatory environment The US Senate has confirmed crypto-focused attorney Mike Selig as the new chair of the Commodity Futures Trading Commission, placing a known digital asset supporter at the head of a key market regulator. The vote passed 53–43 as part of a larger group
The update reflects a recalibration as digital assets move closer to the financial mainstream The US Federal Reserve has taken a notable step toward easing its stance on digital assets by withdrawing guidance issued in 2023 that restricted how Fed-supervised banks could work with cryptocurrency. The change affects both insured and uninsured banks and signals
With more capital and better tools, Lightning’s role in everyday crypto payments continues to expand Bitcoin’s Lightning Network has reached a new record for total capacity, signaling renewed momentum after a long stretch of slower growth. Data from network trackers shows that more Bitcoin is now locked into Lightning payment channels than at any point
The alleged scammer has pleaded not guilty and is being held at Rikers Island A Brooklyn man has been charged in a sweeping crypto fraud case after allegedly stealing about $15 million by pretending to be a Coinbase customer support employee. Prosecutors say the scheme targeted roughly 100 victims across the United States and ran
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