Day: July 15, 2025

GENIUS Act, Clarity Act Advance Halted by 12 Republicans 

2025-07-15 By admin

Twelve House Republicans blocked a key procedural vote Tuesday, stalling Pentagon funding and cryptocurrency legislation. The Hill reported that the House’s vote to begin debate on the fiscal 2026 Pentagon funding bill—along with three crypto-related measures—fell flat on Tuesday, blocked by a 196-223 tally. The trio of blocked proposals included the GENIUS Act to shape […]

Sequans Boosts Bitcoin Holdings to 1,053 BTC With $79 Million Purchase

2025-07-15 By admin

Sequans Communications has acquired 683 BTC, bringing its total holdings to 1,053 BTC worth approximately $120 million. The move reinforces the company’s commitment to bitcoin as a core treasury asset. Semiconductor Firm Sequans Deepens Bitcoin Strategy With 683 BTC Buy Sequans Communications S.A. (NYSE: SQNS), a leader in cellular IoT semiconductor technology, has deepened its […]

Tether’s USDT0 Deploys on Bitcoin Sidechain Rootstock

2025-07-15 By admin

Tether’s USDT0 stablecoin is now operational on the Rootstock Bitcoin sidechain. Rootstock Integrates Tether’s Omnichain USDT0 The integration makes the omnichain version of USDT accessible natively on Rootstock through Layerzero’s OFT standard. Rootstock combines Bitcoin’s proof-of-work (PoW) security via merged mining with Ethereum Virtual Machine compatibility. Rootstock’s infrastructure includes the PowPeg two-way Bitcoin bridge, block […]

DOJ and CFTC Terminate Polymarket Investigations: Bloomberg

2025-07-15 By admin

U.S. authorities have closed investigations into crypto-betting platform Polymarket, signaling a regulatory shift under the Trump administration. Bloomberg reports that the U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) formally notified Polymarket this month that their probes into the prediction market are ending. The investigations, which intensified late in the Biden administration, […]

Carbontec Uncovers $520,000 Exploit Path in 1inch Router’s Rescue Function

2025-07-15 By admin

A Carbontec investigation revealed that over $520,000 in mis-sent tokens were quietly withdrawn from 1inch Routers v4–v6 via public functions, exposing a security blind spot in one of defi’s most widely used contracts. Design Oversight in 1inch Router Allowed Withdrawal of Mis-Sent Funds Blockchain security firm Carbontec has uncovered a significant design vulnerability in 1inch’s […]

Bitcoin Retreats as Inflation Climbs

2025-07-15 By admin

Cracks in the U.S. economy from its aggressive tariff policies may finally be starting to show after inflation climbed 0.3% in June. Bitcoin tumbled on the news. Inflation Spikes and Bitcoin Loses Ground The impact of U.S. President Donald Trump’s tariffs may finally be showing after the U.S Bureau of Labor Statistics (BLS) reported on […]

Trump Demands Fed Slash Rates by 3%—Says Powell Should Step Down

2025-07-15 By admin

U.S. President Donald Trump is still fuming over Federal Reserve Chair Jerome Powell’s refusal to trim interest rates. Taking to Truth Social on Tuesday, Trump declared the Fed needs to slash rates in a big way—and made it crystal clear he’s not letting up. ‘Too Late’ Powell Blasted by Trump Over Trillion-Dollar Interest Rate ‘Mistake’ […]

BTC Rally Reverses as Tariff Threats and Rate Jitters Shake Market

2025-07-15 By admin

After peaking above $123,000 on July 14, bitcoin fell to around $116,221 before stabilizing above $117,000 by July 15. Traders are advised to monitor the support zone between $117,000 and $116,300, as maintaining this level could lead to a rebound. Geopolitical Tensions Blamed for Pullback Hours after breaching the $123,000 mark on July 14, bitcoin […]