CryptoBreakingNews

Balance Coin Drops 99% After Reported $915K Exploit
Balance Coin, the dollar-pegged stablecoin issued by Balance Protocol, has suffered a dramatic collapse after an exploit report said attackers manipulated a price oracle and liquidated collateral across multiple BTCB vaults...

White House Backs Ethics Provisions in Market Structure Bill
The White House has reached an agreement with Republican Senators Cynthia Lummis and Bernie Moreno on ethics language tied to the Digital Asset Market Clarity (CLARITY) Act, a move that could help secure support fr...

Movement Labs Files for Chapter 11 as MOVE Token Turmoil Persists
Movement Labs, the team behind the Movement Ethereum layer-2 blockchain, has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware, according to court records. The ...

Kazakhstan Signs Network School Deal as Malaysia Revokes License
Balaji Srinivasan’s Network School is looking to expand into Kazakhstan after regulators moved against its Malaysia operations, according to a memorandum of understanding announced by Kazakhstan’s Ministry of D...

Balaji Network School Expands to Kazakhstan After Malaysia Setback
Balaji Srinivasan’s Network School is looking to plant a new campus in Kazakhstan after regulatory pressure in Malaysia forced its Johor operation to halt. The move comes via a memorandum of understanding (Mo...

Lawyer Says CLARITY Act Could Enable CFTC Oversight of Prediction Markets
US lawmakers used a House Agriculture Subcommittee hearing this week to press the Commodity Futures Trading Commission (CFTC) on oversight of sports event prediction market platforms—while also pointin...

Russia’s Parliament Passes Law Setting Rules for Crypto Market
Russia’s State Duma has completed the final readings that bring the country’s long-awaited crypto regulatory bill one step closer to becoming law, approving draft legislation that would create a comprehensive fra...

Ether Surges Past $1.9K as Traders Eye $2.1K for ETH Breakout
Ether (ETH) is back under fresh pressure from leveraged traders after a sharp push toward the $1,950 area. Tuesday’s uptick helped trigger around $62 million in liquidations tied to bearish positions, as ETH rose ...

Clarity Act May Enable CFTC Oversight of Prediction Markets, Lawyer Says
A U.S. House hearing this week zeroed in on who should regulate sports-event prediction markets and what kind of customer protections regulators can realistically enforce as these platforms expand. Lawm...

Movement Labs Seeks Chapter 11 After Months of MOVE Token Turmoil
Movement Labs, the team behind the Movement Ethereum layer-2 network, has filed for Chapter 11 bankruptcy protection in the United States, according to court records. The filing places the company under court ...