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US Senate Passes Housing Bill With Four-Year Ban on Fed CBDC

US Senate Passes Housing Bill With Four-Year Ban on Fed CBDC in 85-5 Vote

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The U.S. Senate passed the 21st Century ROAD to Housing Act with an 85-5 vote, attaching a provision banning the Federal Reserve from issuing or creating a CBDC or substantially similar digital asset through December 31, 2030. The ban exempts privately issued dollar-denominated stablecoins while requiring congressional approval for any future CBDC. Bitcoin traded near $62,000 with broader market pressure, but the news highlights...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Secret Network Bridge Suffers $4.7 Million Exploit; Three Sonic Labs Board Members Resign

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Secret Network’s cross-chain bridge was hit for $4.7 million following an exploit tied to a critical infinite mint smart contract vulnerability. Three high-profile board members of Sonic Labs, including DeFi pioneer Andre Cronje, have resigned amidst a broader governance restructuring. The native S token dropped another 5% on the news, continuing a steep decline that has wiped out roughly 97% of its value from its all-time high. The...

Breaking, News

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On-Chain Settlement Surpasses US ACH Network for the First Time with $7.5 Trillion Month

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On-chain settlement volume hit $7.5 trillion in March 2026, marking the first month it surpassed the total volume cleared by the traditional United States Automated Clearing House (ACH) network. The aggregate stablecoin supply surged to $323 billion, representing a substantial 56% year-over-year increase from the same period last year. Institutional adoption and cross-border commercial transactions continue to fuel tokenized dollar...

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Algorand Unveils Roadmap to Achieve Broad Quantum Resilience by 2027

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Algorand has announced a structured technical roadmap targeting broad quantum resilience across its network layer by the end of 2027. The phased rollout begins in Q3 2026 with the integration of native Falcon-1024 post-quantum accounts directly supported by software development kits and user wallets. The strategy encompasses upgrades to user infrastructure and consensus mechanisms, positioning the blockchain ahead of the cryptographic...

Breaking, News

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Taiko Halts Ethereum L2 Block Production After .7 Million Bridge Exploit

Taiko Halts Ethereum L2 Block Production After $1.7 Million Bridge Exploit

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Taiko confirmed compromise of its chain state verification mechanism, rendering bridge security assumptions unreliable. Attacker drained approximately $1.7 million from the ERC20 Vault on Ethereum via forged proofs. Project halted all block production and urged users to withdraw funds from all bridges immediately. TAIKO token dived around 10% following the incident. Ethereum Layer 2 scaling solution Taiko has taken its...

Cryptocurrencies, Ethereum, Front page, Hacks, News

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