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.
Coindesk
European Central Bank calls for merchants to participate in digital euro pilot
The 12-month test will put a beta version of the central bank currency through online, mobile, in-store and peer-to-peer payments.
Clarity Act’s odds of passing plunge as Republicans reject Democrats’ counter-proposal
Prediction markets sharply marked down the crypto market structure bill’s near-term prospects as negotiations remained stuck hours before a key Senate vote.
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.)