Grosscrypto News

AFX protocol reportedly loses $24M in bridge exploit

AFX protocol reportedly loses $24M in bridge exploit - Latest Cryptocurrency News

Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure.

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S&P launches blockchain fundamentals index for digital assets

S&P launches blockchain fundamentals index for digital assets  - Latest Cryptocurrency News

The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto indexes.

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Crypto PAC pours $1M into Michigan Democratic primary race

Crypto PAC pours $1M into Michigan Democratic primary race - Latest Cryptocurrency News

Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.

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US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules

US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules - Latest Cryptocurrency News

According to Senator Cynthia Lummis, one of the bill’s advocates, the ethics language would apply to US presidents’ crypto ventures, including Donald Trump’s.

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Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches

Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches - Latest Cryptocurrency News

Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to test AI applications in financial services.

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SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws

SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws - Latest Cryptocurrency News

The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are structured and operated.

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Digital Chamber sues Illinois officials over new state 0.2% crypto tax

Digital Chamber sues Illinois officials over new state 0.2% crypto tax - Latest Cryptocurrency News

The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.

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BitGo, OTC Markets plan tokenized securities access for broker-dealers

BitGo, OTC Markets plan tokenized securities access for broker-dealers - Latest Cryptocurrency News

The proposed alliance would enable more than 150 broker-dealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody infrastructure.

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Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon

Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon - Latest Cryptocurrency News

Bitcoin and US stocks stayed strong in the face of US-Iran escalation as analysis predicted BTC price action outperforming equities later.

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The digital euro: Surveillance money, or a better alternative to cash?

The digital euro: Surveillance money, or a better alternative to cash? - Latest Cryptocurrency News

Proponents of the digital euro say its a better alternative to cash that’s fully backed by the ECB. But critics argue it could provide the EU with too much power over its citizens.

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