Crypto News

Crypto wrapped up the day with a little bit of everything: political drama, quantum panic (and quantum optimism), institutional power plays, and yet another DeFi hack to remind everyone why “not your keys” is still a thing. Let’s start with the day’s spiciest feud. Cardano founder Charles Hoskinson took direct aim at Ripple and its CEO Brad Garlinghouse, accusing them of trying to twist the CLARITY Act into something that favors XRP (XRP) at the expense of the rest of the industry. In Hoskinson’s telling, Ripple is lobbying to entrench incumbents, tilt U.S. crypto rules toward XRP, and water down protections around DeFi. His bigger warning: in a post‑FTX regulatory world, if one player helps shape the rules to suit itself, it could choke off newer competitors before they even get started. It’s a reminder that crypto regulation isn’t just regulators vs. crypto; it’s also protocol vs. protocol. While that drama played out, Bitcoin (BTC) spent another day stuck in a familiar range...

Another day in crypto, another reminder that this industry somehow manages to juggle quantum fears, phishing blunders, big‑bank deals, and state‑level Bitcoin reserve plans all at once. Let’s walk through what actually mattered as the sun sets on today’s market. South Korea delivered a cautionary tale in what not to do with digital assets. Prosecutors in Gwangju reportedly lost around $47 million in seized bitcoin (BTC) after private keys were exposed in what looks like a phishing attack. The incident has sparked an internal investigation and raised tough questions about whether traditional law enforcement is ready to be its own crypto custodian. If the people seizing coins cannot keep them safe, expect a louder push toward using professional, regulated custody for government-held digital assets. On the policy front, Washington tried to move the ball forward on crypto rules, but the ground is still pretty muddy. The Senate Agriculture Committee advanced a new crypto market stru...