Banking Industry Says Clarity Act Stablecoin Proposal Would Enable 'Evasion'
In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but...
Category : Bitcoin
TeraWulf's AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss
In brief Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1. The firm reported revenues of...
Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes
In brief Elizabeth Warren pushed Meta to fully reveal its stablecoin plans before the Senate votes on the Clarity Act. Warren warned Meta’s push into...
Trump Admin Launches Pentagon UFO Website With Declassified Files
In brief The Department of Defense launched a public website hosting declassified UAP files. The Trump administration described the effort as an unprecedented transparency initiative....
Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option
In brief Nvidia and IREN Limited announced a $3.4 billion cloud services deal, with plans to deploy up to 5 gigawatts of AI infrastructure using...
Coinbase Outage Disrupts Crypto Trading and Transfers Amid Amazon Service Failure
In brief Coinbase users reported widespread issues with trading, fund transfers, and the mobile app on Thursday night. The exchange said AWS failures in the...
ECB’s Lagarde Pushes Back on Euro Stablecoins, Warns of ‘Structural Weaknesses’
In brief ECB President Christine Lagarde said euro stablecoins are “not an efficient way” to boost the euro’s global role, warning their risks outweigh short-term...
Bitcoin Price Crashes Near Zero on Revolut, Blamed on Third-Party Service Disruption
In brief Bitcoin briefly displayed a price of $0.019 on Revolut overnight—a 99.99% drop from its actual trading level near $79,000. The glitch didn’t last...
XRP New Addresses, Active Supply Plunge Amid Shift to ‘Institutional Rails’
In brief New daily XRP addresses fell 85% from 18,000 in December 2024 to 5,020, with monthly active supply down 73% over the same period....
Morning Minute: Coinbase Misses Earnings on Surprise Loss
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of...