befla

Coinbase CLO Tells Lawmakers to Back Crypto Rewards or Abandon CLARITY Act

by
Coinbase Chief Legal Officer Paul Grewal has told lawmakers they cannot back the CLARITY Act while opposing crypto rewards. His public intervention comes as Senate stablecoin yield negotiations enter a critical stretch. The pushback arrived in a public post on X. Grewal framed the debate as a binary choice for legislators weighing the Tillis-Alsobrooks yield … Read more

Pavel Durov, Elon Musk Accuse EU/UK of Using “Child Safety” to Pressure Social Media CEOs

by
Telegram founder Pavel Durov accused EU and UK authorities of offering social media CEOs secret deals to suppress dissent, claiming “child protection” serves as cover for censorship. X (Twitter) owner Elon Musk publicly backed him. Durov’s statements came the same day French prosecutors summoned Musk for a voluntary interview over allegations that X facilitated child … Read more

Arbitrum Freeze Sparks $175 Million Laundering Frenzy on Ethereum

by
The attacker behind the $292 million KelpDAO exploit has begun laundering roughly 75,700 ETH, worth about $175 million, on Ethereum after the Arbitrum Security Council froze 30,766 ETH on Arbitrum One. The freeze appears to have rattled the hacker into accelerating fund movements on the Ethereum mainnet. Hacker Accelerates ETH Transfers Through UmbraCash On-chain analyst … Read more

A US-Iran Peace Deal May Not Be Enough To Save the Oil Market Now: Here’s Why

by
HFI Research has stated that the oil market has passed its breaking point, which was projected around mid-April The analysis argues that these inventory draws will occur regardless of any reopening of the Strait of Hormuz, driven by structural and logistical constraints. This comes amid notable uncertainty around the diplomatic efforts to resolve the US–Iran … Read more

Crypto Fraudsters Target Stranded Seafarers With Fake Hormuz Toll Scheme

by
Scammers are exploiting the Hormuz crisis amid the US-Iran war. Greek maritime risk firm MARISKS issued the scam warning on Monday. According to the firm, fraudsters posing as Iranian authorities are messaging shipping companies whose vessels are stranded, demanding digital asset payments for supposed “safe-passage” clearance.  How the Scam Exploits Iran’s Real Crypto Toll Scheme The … Read more

The AI Agent Economy Has an Identity Bottleneck: Blockchain Rails Could Solve It

by
Artificial intelligence agents are becoming economic actors at a pace that outstrips the infrastructure around them, according to a16z crypto. In a recent post, the firm argued that the real bottleneck in the agent economy is no longer intelligence, but identity.  Today’s agents can execute tasks and move money, yet they still lack standardized ways … Read more

Is It Luck, Skill, or a Leak? BBC Probes Trades Before Trump’s Announcements

by
A BBC investigation has identified a consistent pattern of spikes in trading activity across several financial markets in the hours or minutes before US President Donald Trump’s most significant market-moving statements during his second term. Some analysts argue the activity carries the telltale signs of illegal insider trading. Meanwhile, others contend the situation is less … Read more

Arbitrum Security Council Blocks KelpDAO Hacker From 30,766 ETH

by
Arbitrum’s Security Council has frozen 30,766 ETH on Arbitrum One tied to the recent KelpDAO exploit. The council said that it acted after coordinating with law enforcement on the identity of the exploiter. Arbitrum Council Moves Funds to a Wallet-Only Governance Can Unlock roughly 116,500 rsETH, worth about $292 million, from KelpDAO on April 18. … Read more