Wyden urges Senate leaders to keep dev protections in crypto bill
Senator Ron Wyden has called on Senate leaders to ensure the Blockchain Regulatory Certainty Act remains in the CLARITY Act when it is brought to the floor....
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Crypto trader applies legendary HODL strategy to EUR/USD forex bet
A trader held a $1.14 million EUR/USD perpetual futures position for 400 days on Ostium DEX, applying bitcoin's HODL strategy to forex. The bet incurred 2.3% annual costs via rollover fees rather than crypto funding rates. Onchain FX platforms remain tiny compared to the $9 trillion daily global forex market, yet demonstrate growing trader comfort with blockchain-based traditional asset trading.
Sony secures conditional approval to set up U.S. stablecoin trust bank
Sony Bank secured conditional OCC approval to establish Connectia Trust, a $40 million U.S. subsidiary for issuing dollar-denominated stablecoins. The New York-based trust bank won't launch until receiving final regulatory approvals under the GENIUS Act framework. Sony joins competitors like Paxos and Circle in pursuing stablecoin banking licenses amid surging $1.79 trillion monthly transaction volumes.
Sam Altman’s Worldcoin cuts WLD unlocks by 43% but 4.9B tokens still need to prove demand
Worldcoin cuts WLD daily unlocks 43% starting July 24, reducing emissions from 5.1 million to 2.9 million tokens daily. However, 4.9 billion WLD—49% of total supply—was already unlocked by April, creating a critical test: slower emissions alone cannot drive demand. Token's success hinges on whether World ID generates recurring utility to justify its large unlocked float amid regulatory scrutiny.