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Tag: News

Senate Banking Committee Sets Markup Date for CLARITY Act

Senate Banking Committee Sets Markup Date for CLARITY Act, Reviving Crypto Market Structure Legislation

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Senate Banking Committee schedules May 14 markup for the CLARITY Act, the comprehensive digital asset market structure bill. Industry stakeholders express optimism as negotiations address jurisdiction, consumer protections, and stablecoin yield issues. Progress follows months of delays, positioning the bill for potential floor action in the coming months. The U.S. Senate Banking Committee is set to hold a markup session on...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Banking Groups Push Back on Clarity Act Stablecoin Yield Compromise

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Banking trade groups are opposing a bipartisan compromise in the Clarity Act designed to settle the dispute over stablecoin yield. The proposed language by Senators Thom Tillis and Angela Alsobrooks bans passive yield but allows rewards for “bona fide” activities like staking and liquidity provision. Financial institutions argue the exceptions create loopholes that could lead to a $850 billion drop in community bank lending. A...

Breaking, News

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Judge Clears Path for Aave to Transfer Million in Frozen ETH Tied to North Korea-Linked Exploit

Judge Clears Path for Aave to Transfer $71 Million in Frozen ETH Tied to North Korea-Linked Exploit

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Aave advances recovery: Manhattan federal judge modifies freeze to permit transfer of ~30,766 ETH from Arbitrum to Aave-controlled wallet. DeFi United initiative: Coordinated response to April Kelp DAO rsETH exploit involving over $290 million in unbacked tokens. Ongoing legal tension: Terrorism judgment creditors’ claims follow the assets, highlighting risks at the intersection of DeFi, sanctions, and national...

Cryptocurrencies, DeFi, Ethereum, Front page, Hacks, News

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Roundhill’s AI Memory ETF Hits $5 Billion AUM After Record $1.1 Billion Daily Inflow

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The Roundhill Memory ETF (DRAM) has surpassed $5 billion in assets under management just five weeks after its April 2 launch. A record-breaking $1.1 billion single-day inflow signals a shift in investor focus from logic chips to the AI memory bottleneck. Key holdings including Micron, SK Hynix, and Samsung represent over 70% of the portfolio as high-bandwidth memory demand spikes. The Roundhill Memory ETF (DRAM) has emerged as the most...

Breaking, News

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AWS Partners with Coinbase and Stripe to Enable USDC Payments for AI Agents

AWS Partners with Coinbase and Stripe to Enable USDC Payments for AI Agents

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AWS introduces AgentCore Payments in preview, enabling AI agents to autonomously pay for APIs, data, and services using USDC via Coinbase and Stripe infrastructure. Integration leverages Coinbase’s x402 protocol and supports wallets from Coinbase and Stripe’s Privy on chains including Base and Solana. The move positions stablecoins as programmable money for machine-to-machine transactions, with early adopters including Warner...

Cryptocurrencies, dApps, Front page, News, Stablecoins

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