News Explorer — Galaxy Research Warns of Significant Surveillance Powers in Draft Crypto Bill

Generated by AI, curated by humans

Jan 14, 3:05 am

Decrypt

Galaxy Research Warns of Significant Surveillance Powers in Draft Crypto Bill

Galaxy Research highlighted concerns over a draft crypto market-structure bill in the Senate Banking Committee, warning about potential expansions in U.S. financial surveillance powers, including new Treasury authorities targeting decentralized finance and transaction freezes. The bill could represent the largest such expansion since 2001.

Galaxy Research highlighted concerns over a draft crypto market-structure bill in the Senate Banking Committee, warning about potential expansions in U.S. financial surveillance powers, including new Treasury authorities targeting decentralized finance and transaction freezes. The bill could represent the largest such expansion since 2001.

Latest

Feb 6, 6:32 pm

Decrypt

Strategy, BitMine Stocks Surge in Rebound as Bitcoin, Ethereum Stabilize

Bitcoin, Ethereum, and Coinbase showed signs of recovery after recent market fluctuations. Strategy's BTC treasury faces... Read Summary

Feb 6, 6:16 pm

DL News

What Caused the Latest Bitcoin Crash? VanEck Analyst Gives Five Reasons

Bitcoin's price has dropped by 19% in a week to $60,000, with futures open interest decreasing from $61 billion to $49 b... Read Summary

Feb 6, 5:46 pm

Decrypt

Bithumb's Accidental $95 Billion Bitcoin Giveaway to Users Led to Flash Crash

Bithumb mistakenly credited users with billions of dollars' worth of Bitcoin this week, causing a flash crash in the tok... Read Summary

Feb 6, 5:09 pm

Decrypt

Bitwise Exec Highlights Benefits of Pairing Gold With Bitcoin in Investment Portfolios

According to a Bitwise executive, combining gold and Bitcoin in a portfolio is effective. Gold acts as a cushion during... Read Summary

Feb 6, 4:36 pm

Decrypt

China's Regulators Ban Unapproved Stablecoin Issuance, Classify Most Asset Tokenization as Illegal

A joint notice from China's central bank and nine regulators bans unapproved yuan-linked stablecoin issuance and deems m... Read Summary

Feb 6, 4:21 pm

Decrypt

Cathie Wood's Ark Invest Sells Coinbase Shares—Just Days After Adding More COIN

Ark Invest, led by Cathie Wood, sold over $19 million in Coinbase shares after buying more, as Bitcoin's price dropped.... Read Summary

Feb 6, 2:04 pm

Coindesk

Citi Slashes Coinbase Price Target Following Crypto Market Dump

Citigroup analysts have revised Coinbase's price target to $400 due to lower trading volumes and regulatory uncertainty.... Read Summary

Feb 6, 1:44 pm

Decrypt

Trump Solana Meme Coin, World Liberty Financial Token Lead Crypto Losses

Trump (TRUMP) and World Liberty Financial (WLFI) have experienced significant losses, with TRUMP dropping 14.6% and WLFI... Read Summary

Feb 6, 12:36 pm

DL News

Bitcoin Core Maintainer Gloria Zhao Resigns Following OP_RETURN Drama

Gloria Zhao, a prominent Bitcoin Core maintainer, has resigned amid an ongoing debate over OP_RETURN. Her departure has... Read Summary

Feb 6, 10:58 am

Decrypt

Polymarket Trademark Applications Hint at Upcoming Token Launch

Polymarket's parent company, Blockratize Inc., has filed trademark applications for "POLY" and "$POLY" with the U.S. Pat... Read Summary

Feb 6, 10:21 am

Coindesk

Bitcoin Giant Strategy Launches Security Program to Prepare for Quantum Threat

Strategy, the largest corporate holder of Bitcoin, plans to implement a bitcoin security program to collaborate with the... Read Summary

Feb 6, 10:18 am

Decrypt

Democratic Party's Tweet Mocking Crypto Losses Faces Backlash

Industry leaders criticized the Democratic Party for a tweet mocking crypto market losses, causing backlash and accusati... Read Summary

Feb 6, 5:41 am

Decrypt

Crypto Sentiment Hits Lowest Level Since 2022 After Bitcoin Sinks to $60K

The crypto market is experiencing heightened investor fear due to a significant selloff, with Bitcoin hitting a 15-month... Read Summary

Feb 6, 4:43 am

Coindesk

Bitcoin Miner MARA Sells BTC, Moving $87 Million

Over the past 10 hours, MARA transferred 1,318 BTC worth $86.89 million to various counterparties and custody venues. Th... Read Summary

Feb 6, 4:52 am

Decrypt

Senator Lummis Urges Banks to View Stablecoins as a Business Opportunity as Market Bill Stalls

Senator Cynthia Lummis advocates for traditional banks to embrace stablecoins as a business opportunity, despite industr... Read Summary