Infrastructure
Ethereum Foundation cuts 20% of staff as ETH sinks 44% YTD despite record usage
The Ethereum Foundation has cut roughly 20% of its workforce and slashed its budget by roughly 40% as part of a broad reorganization, even as…
Infrastructure
OpenPayd secures MiCA license as stablecoin adoption grows in Europe
OpenPayd, which provides infrastructure to companies including Kraken crypto exchange, can now offer regulated crypto services across Europe under MiCA. Read Full Story at Cointelegraph.com…
Institutional
US nears ban on CBDCs until 2030 as housing bill goes to Trump
The House passed a housing bill with a central bank digital currency ban until 2030, meaning it now just needs US President Donald Trump’s sign-off.…
Regulation
Catholic leaders, US authorities challenge CLARITY Act over illicit activity
“Regulatory certainty should not come at the expense of accountability, transparency, victim protection, or public safety,” the law enforcement associations said. Read Full Story at…
DeFi
Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on
Swell warned users to bridge out by June 23, turning a planned L2 shutdown into a test of user exit procedures. The post Latest bear…
Markets
Senate Dems urge probe into $500M crypto deal between Trumps, UAE
Democrats want the Senate to hold hearings on the dealings between the Trump administration, World Liberty Financial and Abu Dhabi royalty. Read Full Story at…
Markets
CZ called Hyperliquid’s no KYC model “awesome” – Then mentioned lawyers
CZ praised the product, but his Galaxy remarks put the access model at the center of the next regulatory fight. The post CZ called Hyperliquid’s…
Institutional
Congress Passes Fed CBDC Ban Through 2030, Sends Bill to Trump
Both chambers of Congress have passed the 21st Century ROAD to Housing Act, which prohibits the Federal Reserve from issuing a central bank digital currency…