Senate Dems Unhappy With Trump Ethics Deal in Clarity Act: Report

Jack Dorsey has introduced Buzz, a decentralized group chat platform for teams, aiming to reduce reliance on platforms like Slack. The app, built on the Nostr protocol, allows users to chat, plan, code, and manage projects in one shared space.

Pavel Durov announced the upcoming rollout of a native non-custodial cryptocurrency wallet for Telegram, offering instant, zero-fee transactions for over 1 billion users. The new wallet will allow users to hold their own funds securely without a company controlling the keys.

The final draft of the Clarity Act has been delayed as negotiators work on restricting senior government officials' ties to the crypto industry, including Trump. Democrats have not been briefed on Trump's concession, leading to a potential roadblock in the legislation's progress.

The White House has finalized an ethics package for the Clarity Act and shared it with specific Senate Republicans, according to industry sources cited by Crypto In America. The details of the agreement are currently unknown, but there is optimism among industry participants for the release of updated bill text.

Former New York governor Andrew Cuomo has joined OKX's board of directors, promoting 24/7 tokenized stock trading on Fox Business. Cuomo advises OKX on US regulatory strategy and co-chairs a joint venture with Intercontinental Exchange to tokenize NYSE-listed equities.

A parliamentary inquiry has been launched by UK lawmakers to investigate banking challenges faced by the country's crypto industry, focusing on account opening difficulties and payment restrictions by banks. The inquiry aims to assess if these barriers could hinder the UK's goal of becoming a global leader in digital assets.

Exodus plans to reduce its global workforce by 25% to focus on stablecoin payments and card infrastructure, aiming to lower costs and build a full-stack payments platform. The restructuring includes integrating Monavate and Baanx, with expected annual savings of $10-13 million by 2027.

Allbridge has halted its protocol after an attacker siphoned $1.65 million from its Solana liquidity pools in a flash loan attack. The team is investigating the incident and has reassured users that there is currently no threat to their liquidity.

Bitmine, the largest Ethereum treasury firm, purchased 7,430 ETH last week, worth $14 million, as it redirected capital to an $86 million stock buyback. The Ethereum buy increased Bitmine's holdings to 5.78 million ETH, or 4.8% of Ethereum's circulating supply, close to its 5% goal.