CoinEx
Senate Rejects Clarity Act as Crypto Markets Face $570M Liquidation
Crypto markets are reeling this morning after a pivotal legislative defeat in the U.S. Senate triggered a massive wave of liquidations. While policy uncertainty dominates the headlines, the broader ecosystem continues to push forward with technical upgrades and privacy-focused innovations despite the cooling sentiment. Clarity Act Stalls as Regulatory Hopes Fade The U.S. Senate dealt...
Bitcoin Retreats as Senate Clarity Act Vote Looms
Bitcoin is retreating from the $80,000 threshold this morning as legislative uncertainty in Washington weighs on sentiment, while the broader crypto landscape faces a wave of consolidation and regulatory scrutiny. From the sunset of long-standing DeFi protocols to major infrastructure upgrades on Solana, today’s news cycle underscores a market in transition. Senate Clarity Act Vote...
Here’s What Happened in Crypto Today
Crypto markets plunged to multi-month lows on June 25 as Federal Reserve hawkishness triggered a broad investor exodus, with Bitcoin sliding to a 21-month low while regulatory headwinds intensified on Capitol Hill. The Senate’s flagship crypto clarity bill collapsed over unresolved ethics language, jeopardizing an August legislative deadline and leaving the industry without promised regulatory...
CoinEx Traced Funneling $3.84B to Iran, Sanctions Evasion Probe Finds
Blockchain intelligence firm TRM Labs has traced approximately $3.84 billion in flows between the cryptocurrency exchange CoinEx and sanctioned Iranian entities over the past seven years, according to a Wall Street Journal investigation published today. The finding marks one of the largest sanctions evasion schemes uncovered in the crypto sector and has triggered immediate regulatory...