Author: CryptoPress

Patrick Witt, Executive Director of the White House Digital Assets Presidential Advisory Committee, teased a “big announcement” regarding the Strategic Bitcoin Reserve expected within the next few weeks. The administration claims to have reached a legal and operational breakthrough to solidify the government’s Bitcoin holdings on the national balance sheet. In tandem, lawmakers have rebranded the “BITCOIN Act” as...

Brazil’s National Monetary Council (CMN) and telecommunications regulator Anatel have blocked access to 27 prediction market platforms, including industry leaders Polymarket and Kalshi. The crackdown is based on Resolution No. 5,298, which restricts derivative contracts to economic benchmarks like inflation and interest rates, effectively banning event-based markets. Government officials cited the need to protect household income and reduce...

TokenLogic has proposed that the Aave DAO commit 25,000 ETH from its treasury to the “DeFi United” recovery fund. The coalition aims to restore rsETH backing after an April 18 exploit on Kelp DAO’s bridge left Aave with nearly $200 million in bad debt. The effort has already secured approximately 73,700 ETH in commitments from Mantle, Ether.fi, Lido, and Aave founder Stani Kulechov. The industry-wide response to the April 18 Kelp...