News Explorer — Senate Banking Committee Faces Pressure on Stablecoin Rewards From Banking Sector

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Jan 7, 7:08 pm

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Senate Banking Committee Faces Pressure on Stablecoin Rewards From Banking Sector

The debate over stablecoin rewards intensifies as the Senate Banking Committee nears a crucial vote on a crypto market structure bill. High-profile figures like Coinbase's Faryar Shirzad argue against restrictions, while the American Bankers Association expresses concerns about the impact on local communities.

The debate over stablecoin rewards intensifies as the Senate Banking Committee nears a crucial vote on a crypto market structure bill. High-profile figures like Coinbase's Faryar Shirzad argue against restrictions, while the American Bankers Association expresses concerns about the impact on local communities.

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Apr 2, 7:21 pm

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Elon Musk's Is Implementing Auto-Locking and Verification to Combat Crypto Scams

Changes are being made on Elon Musk's social media platform, X, to combat crypto scams, including auto-locking and verif... Read Summary

Apr 2, 7:04 pm

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Concerns Arise Over Drift Protocol's Design, Centralization Risks in the Wake of $285 Million Exploit

Drift Protocol's $285 million exploit has raised concerns about its design features and procedures, following a sophisti... Read Summary

Apr 2, 5:44 pm

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x402 Foundation Led by the Linux Foundation Will Govern Coinbase-Backed AI Agent Payments Protocol

The x402 Foundation, overseen by the Linux Foundation, will manage the development of a new internet payments standard,... Read Summary

Apr 2, 4:31 pm

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Quantum Computing Might Threaten Bitcoin, But It's a Boost for Newly Launched Quip Network

Postquant Labs, in partnership with D-Wave Systems, has introduced Quip Network, a quantum-classical blockchain testnet... Read Summary

Apr 2, 4:20 pm

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Coinbase Secures Conditional National Trust Bank Charter Approval

Coinbase announced plans to refine services after receiving conditional approval for a national trust bank charter from... Read Summary

Apr 2, 4:04 pm

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Ethereum Founder Vitalik Buterin Implements Strict Security Measures for His AI Setup—Here's How

Vitalik Buterin detailed his private and secure AI setup, running it on local hardware to prevent unauthorized actions.... Read Summary

Apr 2, 3:57 pm

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Viral Hoax Falsely Claims Death of 193-Year-Old Tortoise Jonathan

A hoax about the death of Jonathan, a nearly 200-year-old tortoise, went viral on April Fool's Day, causing confusion an... Read Summary

Apr 2, 2:59 pm

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Former FTX Engineering Head Nishad Singh Ordered to Pay $3.7 Million for Misappropriated Assets

The CFTC has finalized a disgorgement order against former FTX engineering head Nishad Singh, requiring him to pay $3.7... Read Summary

Apr 2, 2:39 pm

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Feds Recover $600K in Crypto After Ledger Wallet Owners Targeted in Phishing Scam

Over $600,000 in cryptocurrency was recovered and forfeited by the U.S. Attorney's Office for the District of Connecticu... Read Summary

Apr 2, 1:57 pm

Coindesk

How Bitcoin and Ethereum Have Been Rocked By Iran War Chaos: Grayscale

Geopolitical tensions in the Middle East have impacted the crypto market, causing volatility and uncertainty. The confli... Read Summary

Apr 2, 12:08 pm

DL News

Criminals in South Korea Demand Crypto for Revenge Attacks

An expert suggests that criminals find USDT difficult to trace, leading to demands for payment in the stablecoin for rev... Read Summary

Apr 2, 12:00 pm

Coindesk

SoFi's New Business Platform Merges Traditional and Crypto Banking

SoFi is introducing SoFi Big Business Banking, a platform allowing companies to manage both traditional and crypto funds... Read Summary

Apr 2, 11:26 am

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Coinbase Exec Says Crypto Market Structure Bill Movement Is Imminent

Coinbase's Chief Legal Officer mentioned progress on the Clarity Act, a bill that has caused controversy due to its stab... Read Summary

Apr 2, 9:53 am

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President Trump's Speech on Iran Triggers Market Downturn Affecting Bitcoin, Gold

Following President Trump's address on the military campaign against Iran, Bitcoin and other markets experienced a signi... Read Summary

Apr 2, 8:58 am

Coindesk

Metaplanet Added $398M in BTC to Holdings in Q1 to Become Third Largest Bitcoin Treasury

Metaplanet increased its BTC holdings to 40,177 coins by acquiring 5,075 BTC for $398 million in Q1 2026, at an average... Read Summary