Author: John Smith

Mary Daly says the Fed cannot restore price stability by “harming the economy,” underscoring a cautious stance on rates as inflation lingers above target. Summary San Francisco Fed’s Mary Daly stresses price stability remains “crucial” but warns against over-tightening Daly’s comments echo her earlier calls for “patience” and “deliberate calibration” on rate cuts Her stance comes as markets price in later Fed easing, raising questions for risk assets including crypto Mary Daly, president of the Federal Reserve Bank of San Francisco, said restoring price stability remains “crucial” for the U.S. central bank, but warned that the Federal Reserve cannot pursue…

Payouts.com co-founders say the future of agent payments combines stablecoin rails with programmable control layers built for enterprise trust. Summary Payouts.com CEO Leor Ceder says programmability, not wallets alone, will define which AI agents enterprises can trust by 2027. Co-founder Barak Hirchson lists five non-negotiable controls that make autonomous agent spending safe and auditable at scale. Stablecoins win in cross-border and machine-to-API micropayments; programmable infrastructure determines which rail gets used everywhere else. Payouts.com co-founders Leor Ceder and Barak Hirchson say the next wave of AI agent commerce runs on stablecoin rails, and on the programmable control layer built on top…

The CFTC has warned regulated derivatives platforms that round-the-clock trading may suit crypto-native markets but may not work safely across every traditional asset class. Summary The CFTC warned that 24/7 trading may not suit every traditional derivatives market. Coinbase said the CFTC approval adds crypto perpetuals and global options to its regulated platform. The CFTC and Gemini asked a Manhattan court to vacate a $5 million settlement order. The CFTC said in a Friday advisory that exchanges and clearinghouses should carefully assess products before extending trading and clearing to a 24/7 model. The agency said some markets can support constant…

Gravity Bridge has lost about $5.4 million following an early Saturday drain that security researchers linked to a possible signing key compromise. Summary Gravity Bridge lost about $5.4 million after security researchers flagged unusual withdrawals tied to a possible signing-key compromise. PeckShield said the stolen assets included USDC, wrapped ether, USDT, and PAXG, with some funds moved through ChangeNow and Binance. The Gravity team halted the bridge and asked validators and orchestrators to stop while it investigates the incident. On-chain analyst Specter first flagged the unusual withdrawals, saying the pattern suggested that the bridge’s signing keys may have been compromised…

Senator Cynthia Lummis said Congress may not get another real chance to pass digital asset legislation until 2030 if the CLARITY Act fails. Summary The CLARITY Act would create federal rules for crypto assets, exchanges, developers, stablecoin issuers, and market regulators. JPMorgan CEO Jamie Dimon criticized the bill, saying banks may oppose it unless lawmakers strengthen stablecoin, AML, and BSA rules. Senator Cynthia Lummis has warned that U.S. lawmakers may lose their best chance to pass digital asset market rules until 2030 if the CLARITY Act stalls this session. Lummis, in a post on X, said Congress faces a narrow…

Congress has advanced a major crypto market bill that would give the CFTC new power over digital commodities despite fresh concerns about the agency’s staffing and funding. Summary Congress has advanced the CLARITY Act, which would give the CFTC primary oversight of spot digital commodity markets. Brookings fellow Tonantzin Carmona warned that the CFTC may lack enough staff and funding to handle the new crypto mandate. The bill would require crypto exchanges, brokers, dealers, and custodians to register with the CFTC under new rules. Brookings fellow Tonantzin Carmona has warned that the Digital Asset Market Clarity Act could create a…

Binance named Genius Terminal its 65th HODLer Airdrop, giving 10 million GENIUS tokens to qualifying BNB holders. Summary Binance will distribute 10 million GENIUS tokens to BNB holders who used Simple Earn or On-Chain Yields between May 11 and 13, 2026. Genius Terminal is a multichain trading platform backed by YZi Labs and advised by CZ, with a 1 billion token total supply. The HODLer Airdrop program is a recurring Binance mechanism that deepens BNB utility by rewarding long-term stakers retroactively. Binance announced Genius Terminal as the 65th project on its HODLer Airdrop program, continuing its pattern of rewarding loyal…

CryptoQuant CEO Ki Young Ju warns the Bitcoin bear market could extend into early 2027, based on on-chain PnL data. Summary Ki Young Ju cited CryptoQuant’s PnL Index Signal, which shows investor profitability typically falls for 18 months after profit-taking cascades begin. The trend began in October 2025, placing a potential bear market bottom in early 2027 based on historical patterns. A true reversal requires unrealized profits to rise while realized profits fall simultaneously, a signal that has not yet appeared. CryptoQuant CEO Ki Young Ju posted on X this week warning that Bitcoin’s current downturn mirrors the extended bear…

Brian Armstrong fired back at Jamie Dimon on Friday with a meme, after the JPMorgan CEO attacked him on live TV. Summary Jamie Dimon appeared on Fox Business on May 29, calling Armstrong “full of sh!t” and vowing that banks will fight the Clarity Act’s stablecoin provisions. Armstrong responded on X with a hockey-themed meme depicting himself and Dimon facing off, while Galaxy CEO Mike Novogratz publicly backed Armstrong. Dimon’s core objection is that the Clarity Act lets crypto firms effectively pay interest on stablecoin deposits without bank-level oversight. Coinbase CEO Brian Armstrong posted a hockey-themed rivalry meme on X…

Coinkite launched the Coldcard MK5, its first hardware upgrade to the flagship Bitcoin wallet since 2022. Summary The Coldcard MK5 features a 1.54-inch Gorilla Glass display, redesigned tactile buttons, and improved NFC for smoother Bitcoin transactions. The wallet retains the MK4’s dual secure element architecture from two different chip vendors, keeping private keys fully air-gapped. Coinkite’s NVK said the MK5 is a reimagining of the user experience while preserving the security standards the community has relied on for years. Coinkite launched the Coldcard MK5 on March 10, 2026, marking the company’s first hardware revision to the MK line since the…