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Crypto Chronicle Balancer Hack France Crypto

France Taxes Crypto, Balancer Hit for $116M, Chanzo Director Dumitru Ionescu in Focus

This week in crypto: France has added cryptocurrencies to its wealth taxes, raising alarms among European investors. A nefarious actor targets Balancer, stealing $116M...

June3 days ago

circle_weighs_in_on_genius_act_implementation_simple_strong_rules

Cryptocurrency

Circle Calls for Fair Stablecoin Rules Amid GENIUS Act Implementation Debate

As the US Department of the Treasury prepares to implement the GENIUS Act, Circle urges a level playing field for banks, nonbanks, and stablecoin...

Samarth3 days ago

banks_lobby_us_treasury_for_blanket_stablecoin_yield_ban_coinbase

Business

Coinbase and Banks Clash Over GENIUS Act Implementation: Stablecoin Yield Ban Sparks Debate

The GENIUS Act, regulating stablecoin payments in the United States, is at the center of a heated debate. Coinbase urges the US Department of...

Satpal S4 days ago

Cryptocurrency

First Post-Mortem Report Reveals Balancer’s $116 Million Exploit Was Sophisticated

The company behind Balancer, a decentralized finance (DeFi) protocol, has posted a post-mortem on the $116 million hack of its stable pools. The Balancer...

June4 days ago

Cryptocurrency

SEC Approves Bitwise ETF, Then Freezes It Hours Later

Initially, the SEC approved Bitwise’s 10 Crypto Index Fund for a quick conversion into an ETF. However, it unexpectedly put the process on hold...

Satpal SJuly 23, 2025

Cryptocurrency

Senate Republicans Propose Crypto Market Structure Bill to Expand CLARITY Act

Senate Republicans have introduced a new crypto market structure bill, building on the House-passed CLARITY Act. The proposal aims to clarify SEC and CFTC...

AlexJuly 22, 2025

Cryptocurrency

FBI Closes Jesse Powell Probe, Returns Devices in Nonprofit Dispute Unrelated to Kraken

FBI investigation of a nonprofit dispute leads to no wrongdoing by Kraken co-founder Jesse Powell as he is cleared. The federal investigation closed without...

ContributorJuly 22, 2025

Cryptocurrency

Strategy Launches a $100 Stock That Tracks Bitcoin

Bitcoin behemoth Strategy has released the initial public offering (IPO) of its stock at $100 a share with a 9% annual dividend. This unusual...

SamarthJuly 22, 2025

Cryptocurrency

Western Union Uses Stablecoins to Change International Money Transfers

Western Union is getting into stablecoins for faster cross-border payments that are also less expensive and broaden financial inclusion. Devin McGranahan, the CEO of...

AlexJuly 22, 2025

Cryptocurrency

Bitcoin ETF First Outflow in Almost Two Weeks as Investors Cash In Near the All-Time Highs

After 12 days of strong inflows of over $6.6 billion, spot Bitcoin ETFs saw net outflows of $131.4 million on Monday. The action is...

Satpal SJuly 22, 2025

Cryptocurrency

Trump Media Partners with Cryptocurrency Exchange to Fuel Digital Strategy and Fundraising Initiatives

After the passing of a series of significant pro-crypto legislation in the United States, Trump Media & Technology Group has invested $2 billion in...

AlexJuly 21, 2025

Cryptocurrency

SEC Looks to Ethereum’s ERC-3643 Standard for Tokenized Securities

The U.S. Securities and Exchange Commission (SEC) is looking into Ethereum’s ERC-3643 standard for compliant tokenized securities. This move could transform blockchain’s relationship with...

SamarthJuly 21, 2025

Cryptocurrency

Banks Are Fighting Back Against Crypto Firms Vying for Licenses

Banking groups in the United States have asked regulators to postpone the applications of crypto firms that are seeking national bank licenses. According to...

Satpal SJuly 21, 2025