🇺🇸 JUST IN: “A president chose a higher standard of ethics than the law required,” Senator Cynthia Lummis says after agreement on CLARITY Act language banning federal officials from issuing or sponsoring digital assets for profit.
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JUST IN: 🇺🇸 US House to vote on banning Congress from insider trading today.
JUST IN: 🇺🇸 Odds of the Crypto Clarity Act passing crash to 39% after Senate Republicans release new draft bill.
JUST IN: 🇺🇸 US Senate Republicans release new crypto Clarity Act draft bill.
🇺🇸 JUST IN: Senate lawmakers are considering updated CLARITY Act legislation that would prohibit presidents and other federal officials from issuing, sponsoring, or profiting from cryptocurrencies and other digital assets.
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❌ SecondFI is shutting down following its June exploit, which resulted in a $2.6M loss.
The team plans to release a fund recovery and secure asset withdrawal tool in August, allowing users to transfer their remaining assets to other wallets.
Source
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💬 The US Is Already a Crypto Adoption Superpower
• Americans own ~42% of all Bitcoin in circulation.
• 49.6M US adults (18.6%) own Bitcoin, compared to 28.8M (10.8%) who own gold.
• The US accounts for 37.5% of Bitcoin’s global hashrate and is home to 50+ large mining operations.
• More than 150 Bitcoin companies are headquartered in the US.
• US public companies hold 1.24M BTC, or 92.7% of all corporate Bitcoin treasury holdings (DAT).
• Over the past year, US corporations accumulated 510,000 BTC — more than 3× the number of new coins mined.
• The US government also holds 328,372 BTC, while Bitcoin continues to receive bipartisan support in Washington.
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➡️ Forte Protocol Update
Testnet Season 2 is Live. Epoch 10 starts in 06h
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🔴 42DAO exploited for ~$912K
The attacker exploited an abnormal BTCB oracle price update, allowing multiple BTCB vault liquidations in a single transaction
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