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Circle has launched Arc, a blockchain built for payments, tokenized assets and institutional finance. CEO Jeremy Allaire called the network potentially more consequential than USDC as banks and payment firms enter stablecoins.
Bitcoin’s Coinbase Premium reached a monthly low after the US Senate voted against the CLARITY Act. Cointelegraph also reported BTC transfers to exchanges at an unrealized loss, indicating weaker US demand.
Ripple’s university strategy is moving beyond blockchain labs toward XRP branding at collegiate sports venues. CryptoSlate reports a 69-day rollout covering Kansas uniforms, Florida football and Louisville basketball, without token adoption.
aelf has restored public nodes and key dapps after a seven-day emergency shutdown tied to an August security incident. The outage eliminated one week of staking rewards, while a final review and consistent exchange transfers remain pending.
Standard Chartered says Arbitrum could outperform Bitcoin and Ether through 2030, citing Robinhood Chain as an early sign that tokenization may transform the network’s economics and support a sharp rise in ARB.
Prediction markets lowered the Clarity Act’s near-term passage odds after Republicans rejected a Democratic counter-proposal. Negotiations remained deadlocked hours before a key Senate vote, CoinDesk reported.
Standard Chartered forecasts a 70-fold rise in Arbitrum’s ARB token to $10, citing tokenization and Robinhood Chain revenue. The bank expects Arbitrum to attract traditional finance, although ARB holders currently have no direct fee claim.
The U.S. Justice Department has filed a civil forfeiture complaint seeking $61 million in alleged crypto proceeds from Iran’s black-market oil sales, which prosecutors say helped fund the country’s military.
CoinEx plans to end operations after nine years, citing falling trading volumes, reduced liquidity and rising regulatory and compliance costs. Withdrawals will remain open until Dec. 22, according to Cointelegraph.
Some Democrats plan to submit a counterproposal to the GOP’s “final” CLARITY bill offer, citing dissatisfaction with its crypto ethics provisions just hours before a key procedural vote, Politico reported.
