Author: CoinBulletinDaily.com

Coinbase’s layer-2 network Base experienced an outage lasting approximately two hours on Thursday after an invalid block caused a consensus failure that stopped all transactions on the chain in what seems to be its biggest outage in 90 days. The network was affected starting at 16:03 UTC when Base’s status page indicated the mainnet’s block production as “unhealthy”. Minutes later, the Base team informed the public about the issue. “Base Mainnet is currently halted while the team works on an issue with block production,” the network said on X at about 12:20 p.m. ET. The network stated that “all funds…

Ripple has stepped up its public campaign for the CLARITY Act as the legislation faces a narrower path through Congress following a Senate recess and competing legislative priorities in Washington. Summary Ripple launched a mobile “CLARITY” truck campaign near the U.S. Capitol to support the crypto market structure bill. The CLARITY Act faces a tighter timeline after the Senate recessed until July 13 and legislative priorities shifted. The DOJ said the bill would not weaken federal authority to investigate or prosecute crypto-related crimes. According to Ripple, the company has deployed a mobile advertising truck around the U.S. Capitol carrying messages…

TLDR: Major U.S. banks are building tokenized deposit networks for interbank settlement and clearing. DTCC plans tokenized equity and Treasury trades before a broader platform launch in October. Tokenized stocks surpassed $1.5 billion in value after growing more than 3,300% since 2024. SEC discussions around tokenized stock rules signal growing regulatory engagement with the sector. Tokenization is moving deeper into mainstream finance as major banks, asset managers, and regulators advance new blockchain-based initiatives.  Recent developments span tokenized deposits, securities settlement, stablecoin reserve funds, and tokenized equities.  The activity comes as tokenized stocks continue to record rapid growth across digital asset…

Crypto industry advocate Cody Carbone has renewed calls for lawmakers to advance the CLARITY Act as Senate debate over the legislation continues without a scheduled floor vote. Summary Cody Carbone urged lawmakers to advance the CLARITY Act, arguing crypto can lower payment and transaction costs. The bill faces opposition from anti-trafficking advocates and gambling industry groups over regulatory concerns. Ric Edelman said up to 95% of institutions without crypto exposure could enter the market if the CLARITY Act becomes law. According to testimony delivered by Carbone, chief executive of The Digital Chamber, at a Senate Banking Committee hearing on affordability,…

Every blockchain grapples with one big question – How to agree on the truth. Proof of Work (PoW) and Proof of Stake (PoS) are the two warring answers to that question. Bitcoin’s PoW is the original, a brute-force approach proven by time. And yet, nearly every new blockchain is betting on PoS, chasing a future that’s faster and more efficient. Their core differences reveal what their creators value most in security, fairness, and performance. A fight for security – Raw power vs. cold hard cash Making an attack cost more than it’s worth is the name of the game for…

Key TakeawaysAllunity launched SEKAU, a MiCA-regulated SEK stablecoin backed 1:1 by reserves.Banking Circle and Marginalen Bank support SEKAU as Europe’s stablecoin market grows.SEKAU launches on 5 chains in 2026, targeting institutional payments and settlement. Allunity Targets Institutional Payments With New Swedish Krona Stablecoin Allunity is expanding its European stablecoin lineup with the launch of SEKAU, a Swedish krona-backed token designed for institutional settlement and cross-border payments. The digital asset company said SEKAU will operate as an e-money token under the European Union’s Markets in Crypto-Assets (MiCA) Regulation. The token is backed 1:1 by segregated Swedish krona reserves, making it the…

Crypto-backed political action committees have spent more than $8 million supporting candidates in congressional primary races across three U.S. states ahead of Tuesday’s elections. Summary Crypto-backed PACs linked to Fairshake have spent more than $8 million ahead of key congressional primaries in Maryland, New York, and Utah. Protect Progress directed most of its spending toward Adrian Boafo and Ritchie Torres, while opponents criticized the role of outside money in the races. With Colorado and Arizona primaries approaching, Fairshake’s past spending patterns suggest those states could attract future crypto PAC funding. According to filings with the U.S. Federal Election Commission, much…

Bitcoin’s recovery has given bulls something to work with again, but traders are still treating the move as a level-by-level test rather than a clean return to euphoria. View original TradingView chart TL;DR TradingView analyst kiv1n mapped a BTCUSDT long setup using liquidation levels, with an optimized target near $67,450. That Martini Guy said Bitcoin reclaiming $63,500 after a higher low near $62,400 makes it harder to stay aggressively bearish. The key level across the bullish case is whether BTC can hold the reclaimed $63,500 area. A failed hold would weaken the long setup quickly, especially after recent liquidation-driven volatility.…

TLDR: A ¥21.3 billion Japanese pension fund plans its first crypto allocation during fiscal year 2026. The fund spent nearly six years researching digital assets before approving the investment. Portfolio changes will reduce yen exposure while adding crypto, gold, and global currencies. Japanese institutions continue exploring crypto products amid evolving regulatory discussions. A Japanese pension fund is preparing to enter the cryptocurrency market through a dedicated portfolio allocation in fiscal year 2026. The move marks one of the first known crypto investments by a pension fund in the country.  The decision follows several years of internal research and a broader…

Attorney Ian R. Cohen has filed a new court rebuttal opposing efforts to revive a lawsuit that seeks control of roughly 3.8 million Bitcoin worth an estimated $238 billion, including wallets linked to Bitcoin creator Satoshi Nakamoto. Summary Ian Cohen has opposed efforts to revive a lawsuit targeting 39,069 Bitcoin wallets holding an estimated $238 billion. Cohen argues dormant self-custodied Bitcoin does not qualify as abandoned property under New York law. Galaxy researchers found recent activity in dozens of targeted wallets, challenging claims that the coins were abandoned. According to a June 20 X thread posted by Galaxy Digital research…