Category: News

Clarity Act News: Senate Kills Ethics Amendment, Leaving Officials Free to Profit from Crypto

In Clarity Act news today,  the Senate Banking Committee voted 13–11 on May 14, 2026, to reject a Democratic-sponsored ethics amendment to the Digital Asset Market Clarity Act, commonly referred to as the Clarity Act – that would have barred the president, vice president, and members of Congress from owning or participating in cryptocurrency businesses, with Senator Chris Van Hollen (D-MD) sponsoring the defeated measure and Senator Bernie Moreno (R-OH) leading opposition, arguing the amendment was procedurally out of order and its underlying allegations against the Trump family unproven. The…

SBI Shinsei Bank Plans Crypto Vouchers for Depositors

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SBI Shinsei Bank will reportedly launch a service that rewards deposit customers with cryptocurrency exchange vouchers based on their account balances. According to a Nikkei report, customers will receive vouchers equal to 20% of their interest payments, in addition to their yen-denominated interest. The vouchers can be exchanged for Bitcoin (BTC), Ether (ETH) or XRP within a specified period.  Customers would need to open an account with SBI’s crypto exchange arm, SBI VC Trade, to redeem the vouchers. The rollout turns a conventional savings product into a crypto on-ramp, potentially…

SBI Shinsei Bank offers Bitcoin, Ether and XRP rewards on deposits

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SBI Shinsei Bank has introduced a campaign that has linked deposit interest payments to cryptocurrency exchange vouchers worth 20% of the interest earned. Summary SBI Shinsei Bank will offer crypto exchange vouchers worth 20% of deposit interest, redeemable for Bitcoin, Ether, or XRP. Customers must open an SBI VC Trade account to convert the vouchers into cryptocurrency during the campaign period. The new deposit rewards program adds to SBI Group’s growing lineup of crypto services, including lending, investment products, and crypto rewards cards. According to a report by Nikkei, the…

Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment

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Testing found something conventional methods missed. Ripple software engineer Vito Tumas disclosed that the formal verification process being applied to the XRP Ledger’s upcoming lending protocol has already uncovered complex edge cases that standard testing procedures failed to detect. Ripple is working alongside blockchain security firm Common Prefix on the effort. Together, the teams construct an abstract model of the protocol and continuously compare it against the C++ implementation of xrpld — the XRP Ledger’s server software — using a verification framework built to catch discrepancies and potential vulnerabilities before…

Bitcoin At A Discount? Coinbase Says Institutions And Govts Are Buying

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Coinbase’s head of institutional strategy, John D’Agostino, says large investors are not retreating from Bitcoin’s latest selloff, even after the asset fell below $60,000 for the first time since October 2024. Speaking on CNBC’s Squawk Box on June 8, D’Agostino said institutional investors, family offices and sovereign-linked buyers are treating the drawdown as an opportunity to accumulate rather than a reason to exit. The remarks came during a discussion about whether Bitcoin’s decline toward the $59,000 area could hold as support, with CNBC’s Joe Kernen noting concerns that a deeper…

Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even

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Key Takeaways Bitcoin hit a 2026 low of $59,100 last Friday, sending its market cap below $1.2 trillion for the first time since Oct. 2024. Capriole’s Charles Edwards pegs bitcoin’s electrical-cost floor at $50,000 as spot prices test the production cost. Miner profitability has slumped to a 14-month low, pushing weaker rigs toward shutdown territory. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In an X post, Edwards, the founder of Capriole Investments, wrote that…

Bitcoin price stalls near $64K before key U.S. inflation data

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Bitcoin recovered from last week’s fall toward $59,000 and briefly tested $64,156.  Summary Bitcoin holds above $62,000, but weak demand leaves the recovery vulnerable before key inflation data. An oversold RSI supports a relief bounce, while $64,200 remains the first major resistance level. Losing weekly support could expose $59,100, while some analysts see deeper downside toward $50,000 next. However, the rebound has not changed the wider downtrend. Bitcoin traded near $63,200 at the time of writing, according to crypto.news price data. The market now faces two tests. Traders want stronger…

Why A Rally To $10 Could Happen Despite Disappointment

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After long years of muted performance, the XRP price had rebounded in 2024, pushing close to its $3.8 all-time high, but not quite hitting the mark. This comes after the legal battle with the United States Securities and Exchange Commission (SEC) ended in 2024, triggering a wave of recovery. Since then, though, the XRP price seems to have hit a ceiling and has been on a downtrend for over a year. This has pushed the price toward $1, an over 60% decline from its 2024 peaks. Despite this, predictions continue…

AI-Assisted Attackers Target Hidden DeFi Code

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Unverified smart contracts were linked to at least $36.7 million in losses across four DeFi exploits over the past six months, as attackers increasingly target protocols whose source code is not publicly available, according to Chainalysis. The largest incident involved Truebit, which lost $26.2 million after an attacker exploited an integer overflow vulnerability in a contract that had remained unverified on Ethereum since 2021. The other incidents involved Trusted Volumes, Aperture Finance and Ekubo, according to the report. In each case, the exploited contract had not been verified on a…

Merck, Hashgraph Expand Hedera Platform for EU Product Passports

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The Hashgraph Group and Merck have integrated the German tech maker’s product authentication technology with TrackTrace, a Hedera-based digital product passport platform introduced in February, as businesses seek to comply with new European Union supply-chain transparency and traceability requirements. Under the arrangement, Merck’s M-Trust technology embeds security markers into products and packaging that can be verified with a handheld scanner. Authentication data is then recorded on The Hashgraph Group’s TrackTrace platform, creating a digital record linked to a product’s Digital Product Passport. The companies said the integration combines physical product…