Markets news

‘Confusion and ambiguity’: 30 crypto firms call on Congress for clarity on money transmitter rules

Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice’s interpretation…

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Hyperliquid’s USDC outflow exceeds $340M amid JELLY dispute, HYPE tanks 10%

Hyperliquid has seen over $340 million in USDC outflows following a controversy surrounding JELLY, a token that surged 429% before…

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Wyoming to launch first state-issued stablecoin on LayerZero by July

Wyoming is preparing to launch its stablecoin on LayerZero, called the Wyoming Stable Token, possibly by July 2025.  According to…

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Bitcoin supply on exchanges drops to 8-year low. Will BTC set a new all-time high?

Bitcoin exchanges supply has dropped to its lowest in 8 years, sparking hopes of a price recovery towards a new…

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US Senate clears resolution to kill IRS’s controversial defi broker rule

A rule to scrap a U.S. Internal Revenue Service rule targeting decentralized finance platforms has cleared the Senate, setting the…

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Canada’s global economic position at risk without crypto reforms, Coinbase warns

As Canada prepares to vote, Coinbase is calling on the next government to take crypto seriously, warning that without clear…

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a16z backed Walrus Protocol to be listed on Gate.io and KuCoin, what is WAL?

Gate.io, KuCoin, and MEXC are set to list Walrus’s WAL token later today, following its mainnet launch and token generation…

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Several hundred South Korean officials hold crypto assets worth a total of 14.4b Korean won

Out of the 2,047 South Korean public officials who submitted asset declaration, 20% reported to owning crypto assets. Seoul City…

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