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Solana’s Transaction V1 raises the transaction size limit from 1,232 to 4,096 bytes. CoinDesk says the added capacity supports use cases such as multi-step trades, company-wallet approvals and privacy proofs.
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.
Democratic senators sent Republicans a counteroffer on Clarity Act provisions after meeting late Monday to discuss draft text, CoinDesk reported. Details of the proposed changes, market reaction and legislative outlook were not provided.
Balancer is considering a wind-down after cost cuts and new products failed to revive revenue. Marcus Hardt said v3 did not replace legacy income, while a $128 million November exploit continued to weigh on adoption.
The House Ways and Means Committee released a crypto tax bill ahead of a hearing later this week. The proposal addresses de minimis transactions, staking and other policy issues sought by the digital-asset industry.
Bitcoin fell back to $77,800 from $79,000 as the Senate prepared to vote on the Clarity Act. CoinDesk also noted rising oil prices, with Brent and WTI among the related market assets.
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.
CoinDesk reports that Wall Street’s crypto expansion may continue even if the Clarity Act fails. The bill could clarify rules for financial firms, but its defeat may slow institutional adoption rather than stop it.
OpenAI chief Sam Altman warned that humans could lose control of AI and called for safeguards during training. He also urged shared industry standards, saying developers can act before legislation is introduced.
Swiss Bitcoin Pay temporarily shut down its servers after a reported data breach. The company said funds were safe, while customer emails, bitcoin addresses, IBANs, transaction history and hashed passwords may have been exposed.
Kraken’s new xStocks vaults allow investors to seek DeFi yield by lending tokenized Nvidia shares and major U.S. stock-market ETFs. Cointelegraph reported the offering, but provided no details on rates or terms.
Bitcoin rose above $79,000 and moved toward $80,000 after Donald Trump suggested the US-Iran war could end. Oil prices fell, with Brent and WTI among the markets affected by the geopolitical developments.
The CLARITY Act faces resistance from 18 state attorneys general before a key Senate vote. They say the revised bill would weaken state oversight, despite an ethics concession addressing another hurdle.
