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XRP sinks 10% as the Clarity Act fails and bitcoin slides toward $76,000
The Senate's 49-50 procedural vote left the crypto market structure bill 11 short of what it needed, and every major token fell.
Inside the last-minute political breakdown that doomed the Clarity Act vote
Last minute, behind-the-scenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on.
Crypto stocks sink after Senate rejects Clarity Act
Coinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a long-awaited market structure bill.
Crypto industry reacts after Clarity Act fails Senate vote
One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60-vote hurdle.
Crypto Clarity Act flames out in failed U.S. Senate vote
The years-long effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60-vote hurdle.
Crypto Clarity Act barrels toward disappointment barring last-minute Senate turnaround
As the parties dig in their heels, the market structure bill hasn't yet amassed the votes it would need to clear the first Senate hurdle scheduled for Tuesday.
A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97 BTC.
Standard Chartered predicts Arbitrum's ARB to rise 70-fold to $10, citing Robinhood Chain revenue
The bank expects tokenization to make Arbitrum a favored network for traditional finance, even though ARB holders currently have no direct claim on the fees.
To ensure permanent economic innovation, we must pass the Clarity Act now
Congress needs 60 Senators willing to put innovation first and provide critical relief to the digital asset industry, argues Rep. Shri Thanedar (D-Mich.)
Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the London-based payments infrastructure firm at $200 million, CEO Eric Queathem said.
US House crypto tax package omits mining, staking reward deferral
The 114-page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing reward-tax timing unchanged.
Ethereum, Base wallet standards talks fail, Ethlabs researcher says
Ethereum and Base are pursuing different account abstraction designs after talks failed, according to Ethlabs researcher Derek Chiang.
Bitcoin short-term holders hit 30-day profit streak as bull-market odds improve: CryptoQuant
Bitcoin short-term holders approached a full month in partial profit as analysis saw improving odds of an enduring bullish BTC price reversal.
US seeks $61M in USDT allegedly tied to sanctioned Iranian oil sales
Tether froze $61.19 million across 10 Tron addresses in 2025 that prosecutors allege were connected to black-market Iranian oil proceeds.
Solana more than triples transaction size limit with mainnet upgrade
Solana raised its transaction size limit to 4,096 bytes, giving developers more room for zero-knowledge proofs and transactions with multiple signatures.
Live updates: Clarity Act fails in Senate, sending crypto lower
The failure essentially ends market structure legislative work in the Senate for 2026 and is a major blow to the crypto industry, which has invested years and hundreds of millions of dollars trying to support its interests.
XRP Ledger is one vote away from starting its next big payments upgrade
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change.
U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military.
CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction
CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22.
Democrats send counteroffer to Republicans over Clarity Act provisions
Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text.
Balancer eyes wind-down after restructuring fails to revive revenue
Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit continued to weigh on adoption.
U.S. House panel shares crypto tax bill ahead of hearing later this week
The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored for policies.
Bitcoin slips to $77,800 as Senate Clarity Act vote nears and oil prices climb
Bitcoin pulls back from $79,000 as the Senate prepares to vote on the Clarity Act and oil prices rise.
Democrats push back on GOP’s ‘final’ CLARITY offer with counterproposal: Politico
Some Democrats remain dissatisfied with the bill’s crypto ethics provisions and will be sending a counterproposal just hours before a key procedural vote.