Senate’s New Stablecoin Draft Doesn’t Target Trump’s Crypto, Tweaks Big-Tech Approach

The latest draft of the U.S. Senate’s stablecoin legislation includes enough changes that Democratic senators may now have an easier time getting back on board, though consumer advocates say it still falls short. The bill to set oversight and standards for stablecoin issuers sailed through the Senate Banking Committee with wide bipartisan support in March, … Read more

SEC Is Probing Coinbase Over User Number Misstatement Concern

The SEC has been investigating crypto exchange Coinbase (COIN) over whether it misstated its user numbers in past securities filings and marketing materials. The probe began under the former presidential administration while the SEC was still under the control of then-Chair Gary Gensler, according to the NYT, which first reported the story, but has persisted … Read more

Pinterest says mass account bans were caused by an ‘internal error’

Pinterest provides a little more transparency in its latest response. Pinterest has apologized for a recent wave of “over-enforcement” that erroneously deactivated many accounts. The platform has experienced some weird moderation issues in recent weeks, and outraged users reported their accounts had been suspended without warning or explanation. In response to many appeals, the platform … Read more

TikTok rolls out a new meditation feature to help you get off the app and sleep

TikTok is launching in-app guided meditation exercises, the social network announced on Thursday. The company began testing the meditation exercises with select teens earlier this year and is now making the feature available to all users on its app. The idea behind the feature is to help users improve their sleep quality and encourage them … Read more

Litecoin’s ETF Hopes Rise Even as Price Retreats From $101 Peak

The cryptocurrency market is experiencing significant fluctuations as global economic factors and regulatory developments create both challenges and opportunities. Litecoin’s recent price action reflects this broader market sentiment, with the cryptocurrency encountering strong resistance at $101.65 after reaching a peak of $101.90. Despite the subsequent correction to the $95-$96 range, LTC has shown resilience with … Read more

Ethereum Meant To Be Alternative, Not Rival to Bitcoin: ETH Co-Founder Anthony Di Iorio

Ethereum co-founder Anthony Di Iorio shared Thursday that he thinks the blockchain wasn’t necessarily meant to be a “competitor to Bitcoin,” but rather “it was meant to be an alternative.” Speaking to a crowd at Consensus 2025, Di Iorio shared with the audience about his time during Ethereum’s early days, noting back then that he … Read more

Canada lags with stablecoin approach, but there’s room to catch up

The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after the FTX debacle that shook markets and turned many lawmakers against the crypto industry. Regulating stablecoins as a security has … Read more

Coinbase fires compromised agents in India— Report

Coinbase has reportedly fired a group of customer support agents following their alleged involvement in social engineering attacks on users. The contracted agents were based in India. According to a May 15 Fortune interview, Coinbase’s chief security officer, Philip Martin, said the company flagged customer support contractors who allowed scammers access to user data, suggesting … Read more