Decrypt

Bank Groups Urge US Senate to Close Gaps in Country’s New Stablecoin Law

The American Bankers Association, the Bank Policy Institute, and over 50 state banking groups warned of massive deposit flight risk.Source link

Estonian Founders of HashFlare Bitcoin Mining Scam Jailed for 16 Months

The U.S. Department of Justice is considering whether to appeal, as the sentence falls well short of the 10-year prison term sought by prosecutors.Source link

Ethereum Liquidations Top $294 Million As ETH Approaches New All-Time High

ETH short liquidations alone account for nearly half of all crypto liquidations in the last day as Ethereum nears its all-time high.Source link

a16z, DeFi Education Fund Want SEC Safe Harbor for DEX, Crypto Wallet Devs

Two powerful forces in the D.C. crypto policy scene are seeking broker-dealer exemptions for dapp developers.Source link

Solana and Chainlink Lead Crypto Rally With Double-Digit Gains

Solana and Chainlink led broad altcoin gains after a softer inflation print fueled expectations of a Fed rate cut amid institutional demand.Source link