7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy
The CLARITY Act, introduced in July 2025, stalled in January after Coinbase withdrew its support for the legislation over concerns about legal protections and stablecoin yields....
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Whitehat returns $190K to Renegade hours after hacking the protocol
A whitehat hacker exploited Renegade's Arbitrum dark pool, stealing $209,000 in ERC-20 tokens, then returned $190,000 within 45 minutes after the protocol requested 90% restitution via onchain message. The vulnerability stemmed from faulty deployment code and a botched April 2025 migration. Renegade will compensate affected users; only 7% of trading volume used the compromised V1 pool.
England central banker says global stablecoin rules will ‘wrestle’ with US
Bank of England Governor Andrew Bailey warned that international regulators will clash with the US over global stablecoin standards. Bailey, who chairs the Financial Stability Board, expressed concerns about stablecoin convertibility and potential financial stability risks if dollar-pegged tokens become widely used for cross-border payments. The $317 billion stablecoin market remains dominated by US dollar-backed tokens, complicating regulatory harmonization efforts globally.
Capital B raises $17.8M to expand its Bitcoin treasury
Capital B raised $17.8 million from investors, including Adam Back and TOBAM, saying proceeds could help add 182 BTC to its treasury....