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Tue, May 12, 2026, 6:44 PM EDT

Crypto

AI Summary

  • The U.S. Senate is progressing on crypto legislation, with the CLARITY Act moving towards a markup, though debates continue around stablecoin yield regulations.
  • Wall Street institutions like DTCC, Broadridge, and JPMorgan are deepening their involvement in blockchain technology, focusing on tokenized assets and collateral management, often integrating with or backed by major players like Chainlink and Nasdaq.
  • AI is increasingly shaping the crypto landscape, influencing cybersecurity efforts by companies like Binance and Google, but also presenting new attack vectors, as seen with AI-powered exploits targeting 2FA.
  • Major crypto companies are facing financial headwinds, with firms like Exodus, CleanSpark, and MARA reporting significant losses and some, like Exodus and MARA, selling substantial Bitcoin holdings to fund other business initiatives.
  • Despite market fluctuations and DeFi exploits, sentiment around certain digital assets like XRP and Ethereum remains cautiously optimistic, with discussions around ETF performance and potential price targets continuing.

Cointelegraph


CoinDesk


Decrypt


AMBCrypto


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