regulation
White House Reviews Labor's Crypto 401(k) Safe Harbor Rule
The Department of Labor's proposal to give retirement plan fiduciaries a process-based safe harbor for crypto investments has reached final White House review.…
Bitcoin, Crypto and Blockchain,
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bitcoin
DOL's Crypto 401(k) Safe Harbor Rule Lands at White House for Final Review
A final Labor Department rule creating a fiduciary safe harbor for crypto, private equity, and real estate in 401(k) plans has reached OIRA, putting public release within reach.…
defi
Aave Labs Acquires Avon Team to Crack the Fixed-Rate DeFi Lending Market
Aave Labs has acquired the Avon team to develop fixed-rate lending, a move targeting institutional adoption by bringing predictability to DeFi borrowing markets.…
regulation
Democrats Take Congress: The CLARITY Act's Toughest Test Yet
A Democratic midterm sweep reshapes the legislative battlefield for the CLARITY Act, forcing the crypto industry to weigh consumer protection concessions against regulatory clarity.…
hack
Binance Hackers Convert $50M in Stolen XRP to Bitcoin via THORChain
Blockchain analytics firm Elliptic reports ~42 million stolen XRP worth $50M has been swapped into Bitcoin via THORChain, bringing total converted BTC to 1,650.…
solana
China's Central Bank Targets Solana After Shanghai Event Shutdown
China's People's Bank of China has launched a formal investigation into Solana following the forced shutdown of an "illegal" promotional event in Shanghai.…
binance
$3.1B in Stolen Binance Crypto Sits Idle as Elliptic Tracks 20,000 Wallets
Blockchain analytics firm Elliptic reports $3.1B in Binance-linked stolen crypto remains unlaundered, with attackers spreading funds across 20,000+ wallets on 16 chains.…
exchange
Gopax Freezes Withdrawals and Trading After Hacking Threat Email, Moves Assets to Cold Storage
South Korean exchange Gopax halted withdrawals and trading Friday after receiving a hacking-threat email, moving all assets to cold wallets with no losses reported.…
regulation
Elizabeth Warren's Senate Banking Committee Rise Puts Crypto On Notice
Senator Elizabeth Warren is positioned to lead the Senate Banking Committee, a move that could dramatically reshape regulatory pressure on both Wall Street and the digital assets industry.…
solana
China's Central Bank Opens Probe Into Solana's Mainland Partners After Shanghai Shutdown
Chinese police halted a Solana event in Shanghai, triggering a People's Bank of China investigation into the network's mainland partners.…
stablecoin
Nigeria Bans Algorithmic Stablecoins and Tightens Crypto Licensing Rules
Nigeria outlaws algorithmic stablecoins and mandates reserve backing for issuers as the central bank extends its grip over crypto payment infrastructure.…
binance
Binance Hackers Convert $50M in XRP to Bitcoin as 1,650 BTC Pile Grows
Blockchain analytics firm Elliptic reports hackers linked to the Binance breach swapped $50M in XRP mostly into Bitcoin, pushing converted holdings to 1,650 BTC.…