befla – Page 30 – BEFLA

Crypto finally has a CLARITY Act date – delivery now depends on seven Senate Democrats

2026-06-24, 3:24 PM by befla

The House Financial Services Committee has scheduled a July 17 field hearing in New York on the CLARITY Act, giving the bill another public stage while the Senate floor vote that would decide its immediate path remains unscheduled. The CLARITY Act cleared the House in July 2025, with 78 Democrats joining the majority, establishing the … Read more

US Treasury’s $10B scam warning shows why crypto is racing to police itself

2026-06-24, 1:25 PM by befla

On June 23, the US Treasury sanctioned nine individuals and 26 entities linked to the Prince Group transnational criminal organization and proposed expanding its Huione Group rule to include H-Pay Service PLC and any successor entity, tying both actions to Southeast Asia scam networks that cost Americans at least $10 billion in 2024. OPSeC, announced … Read more

Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on

2026-06-24, 8:25 AM by befla

Swell, a liquid staking and restaking protocol, is shutting down its Ethereum Layer 2 chain after deciding that slower restaking growth and cheaper Ethereum transactions had weakened the case for keeping it alive. The project told users to bridge assets off Swellchain by June 23 or risk leaving funds on a chain they may not … Read more

CZ called Hyperliquid’s no KYC model “awesome” – Then mentioned lawyers

2026-06-24, 6:25 AM by befla

Hyperliquid’s biggest advantage is starting to look like its cleanest legal risk: the no-KYC access model CZ says Binance cannot copy. In a Galaxy Brains episode published June 18, Galaxy’s Alex Thorn spoke with Binance founder Changpeng Zhao about the crypto cycle, perps moving onshore, prediction markets, and Hyperliquid’s no-KYC model. Thorn’s June 16 clip … Read more

Goldfinch wind-down raises a hard question – can DeFi RWA survive real-world debt?

2026-06-24, 3:25 AM by befla

Goldfinch, a crypto lending platform that connected investor capital with real-world borrowers, is now showing what happens after the lending boom ends: the hard risk sits in collecting from borrowers once growth has slowed. The June 12 GIP-87 proposal would stop new protocol development, wind down Goldfinch Prime, keep legacy app access available, create a … Read more

Crypto users told to pull funds after Ethereum L2 bridge failure exposes rollup exit risk

2026-06-23, 11:25 PM by befla

A warning by Ethereum L2 bridge Taiko has given rollup users a scenario they rarely plan for: a security incident in which the safest course of action was to withdraw funds before the bridge layer provided a full public explanation. The network said in a security notice that it had confirmed a compromise of its … Read more

Trump’s quantum computing push puts $449 billion in “exposed Bitcoin” back in the limelight

2026-06-23, 9:25 PM by befla

On June 22, President Donald Trump signed two executive orders that put the federal government’s most sensitive civilian computer systems on a 2031 post-quantum security timetable while launching a national effort to accelerate the development of advanced quantum computers. One order requires federal high-value assets and high-impact systems to adopt post-quantum cryptography for establishing encryption … Read more

South Korea’s KOSPI crashes 10% as regulator admits ETF mistake – Bitcoin falls below $63,000

2026-06-23, 9:25 PM by befla

South Korea’s benchmark KOSPI stock index plunged nearly 10% today, triggering a market-wide trading halt one day after the country’s top financial regulator acknowledged that authorities had rushed the approval of leveraged funds tied to its two largest chipmakers. According to reports, the KOSPI closed down 9.99% at 8,203.84, its steepest decline since March 4. … Read more

Solana is subsidizing high-volume traders before on-chain markets prove the activity can stick

2026-06-23, 9:25 PM by befla

Solana Foundation is trying to turn pro-trader subsidies into chain-level market structure. With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity across Solana venues, offers VIP rebates, and covers priority infrastructure for qualified users. The package moves Solana’s pitch closer to the way large trading venues compete for serious flow: … Read more

Ripple gives RLUSD a MiCA foothold in Europe and route into African payments – but is volume there?

2026-06-23, 4:25 PM by befla

Ripple is pursuing a coordinated expansion of its stablecoin infrastructure across Europe and Africa, combining a strategic investment in payments company Flutterwave with preliminary regulatory approval in the European Union to widen the reach of its digital-asset services. The dual-track strategy targets high-volume cross-border payment and remittance corridors in sub-Saharan Africa while giving Ripple a … Read more