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what the Nobitex hack really revealed

Beyond the stolen millions, the breach exposed a deeper truth: Iran’s crypto economy is less a market than an extension of state power. Leaked code shows surveillance built in, VIPs protected, and miners mobilized in crisis. In a report shared with crypto.news on July 17, TRM Labs revealed how Israel-linked hackers known as Predatory Sparrow…

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GENIUS Act passes House, Tim Scott hails stablecoin bill as milestone

Tim Scott praised the House of Representatives for passing the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins Act, marking a major step forward in U.S. digital asset regulation. In a July 17 statement, Senate Banking Committee Chairman Tim Scott (R-S.C.) called the legislation which was just passed “a major milestone in securing America’s…

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Longest House vote in history opens contentious Crypto Week on Capitol Hill — what’s next?

Why did a routine house vote on crypto bills stretch over nine hours, and what does it reveal about internal Republican politics? Summary Instead of an hour, the vote took over nine hours, because of internal disagreement within the Republican Conservative Republicans, particularly from the Freedom Caucus, opposed unclear language in the GENIUS Act that…

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DeFi and the convergence of smart money and blockchains

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For most of its history, decentralized finance and traditional finance have been at odds. Positioned as opposing forces, one claimed transparency, permissionless access, and composability, while the other relied on regulation, scale,…

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