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Trader’s acquisition of $1.5M CryptoPunk for $23K raises eyebrows

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A trader acquires a rare Ape-themed CryptoPunk valued at $1.5M for just 10 ETH using a smart contract mechanism that allows a shotgun buyout.

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Coin Market

CLARITY Act sees ‘big step forward’ as markup set for May 14

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Coinbase chief policy officer Faryar Shirzad said the date is a “big step forward” and is essential for supporting innovation in the US.

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Coin Market

Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

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Rising Bitcoin ETF outflows and liquidations signal short-term caution, but a weak DXY and the eventual appointment of a new Fed chair could resume the rally.

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Crypto exchanges pushed US lawmakers to bar provision on risky tokens: Report

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Three companies reportedly pressed US senators for changes to a crypto bill, removing language that would require them to offer trading on tokens “not readily susceptible to manipulation.”

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