Fidelity, an investment firm managing roughly $7 trillion in assets, has publicly backed the Crypto Clarity Act, adding significant institutional weight to the legislative effort. The bill aims to establish clearer regulatory guidelines for digital assets in the United States, addressing longstanding uncertainty over how cryptocurrencies should be classified and
Senate Republicans this week released a revised draft of the CLARITY Act, a bill aimed at establishing a regulatory framework for digital assets, ahead of a possible Senate vote. The new version would prohibit the president and other federal officials from issuing or sponsoring digital assets, a provision that has
Geopolitical tension in the Middle East is rippling into crypto markets, as escalating conflict pressures risk assets worldwide. Bitcoin slipped below $65,000, with CryptoSlate data showing the largest cryptocurrency trading near $64,980. The decline followed a sharp rise in oil prices after tanker attacks and threats from Donald
Physical attacks targeting cryptocurrency holders have escalated sharply, with security firm CertiK documenting roughly $124.1 million in combined losses and ransom demands during the first half of 2026. These so-called wrench attacks involve criminals using coercion, threats, or violence to force victims to surrender their crypto holdings, often
Strategy, led by Michael Saylor, has introduced a new framework for reporting its bitcoin holdings as the market endures a prolonged downturn. The updated metrics are designed to give common shareholders a clearer picture of the company's net bitcoin exposure after accounting for obligations tied to preferred stock
Bitcoin mining pool Poolin has entered bankruptcy proceedings, leaving roughly 11,700 users with claims totaling $164 million in unpaid wallet balances. Signed offers to creditors amount to just 31.8% of the outstanding IOUs, and that figure reflects only gross arithmetic. In practice, recoveries are likely to fall below
The European Union is preparing its 21st sanctions package against Russia, marking the first time the bloc has considered banning third-country crypto service providers as part of its restrictive measures. The package targets a network reportedly worth $120 billion and names 14 crypto companies, though the EU has not