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Senate crypto bill at risk beyond midterms if not passed by August: NYDIG

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NYDIG’s Greg Cipolaro says the Senate’s crypto market structure bill is at risk of failing if it cannot clear a floor vote by August.

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Verus Ethereum bridge reportedly exploited for $11.6M in latest DeFi attack

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Two security companies have flagged the address where the stolen funds are allegedly being held, showing the cryptocurrencies have been converted into 5,402 Ether.

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Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report

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Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports.

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Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

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Screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz.

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