The CLARITY Act, introduced in July 2025, stalled in January after Coinbase withdrew its support for the legislation over concerns about legal protections and stablecoin yields. Crypto investment firm Galaxy Digital said seven Democratic lawmakers on the US Senate Banking Committee could be key to advancing the Digital Asset Market Clarity Act when it goes to markup on Thursday, sending it to the Senate for a vote. In an X post on Sunday, Galaxy Digital labeled Democratic lawmakers Ruben Gallego and Angela Alsobrooks as “constructive/pro-framework” when it comes to crypto. Four other lawmakers are seen as “deal-makers,” while one lawmaker is seen as “mixed.” “If Democrats vote for the bill in markup, likelihood of ultimate passage on the Senate floor increases significantly,” Galaxy Digital said. Read more
AI agents need “food,” and that food is not physical food; it is tokens, said Jordi Visser. Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments. “I don't think enough people are talking about tokenization and what’s happening,” Visser told Anthony Pompliano on a podcast on Saturday, predicting that tokenization and AI will be intertwined. AI agents cannot access banking services or credit, so their primary method of transacting online autonomously will be digital assets such as Ether or stablecoins, which do not require bank accounts, logins or human approval. Read more
The Albanese government’s budget plans to replace the 50% capital gains tax discount on assets held over 12 months with a model taxing full real gains adjusted for inflation. The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains. The Albanese government’s fiscal year 2027 budget, set to be released on Tuesday, would cut the current 50% capital gains tax discount alongside changes to housing investment taxes, the Australian Financial Review reported on Sunday, citing people familiar with the budget. Australian investors can currently claim a 50% capital gains tax discount on assets held for more than 12 months. The proposed indexation model would instead tax full real gains, adjusted for inflation, over the time the asset is held. Read more
The new tools let AI agents hold wallets, discover services and make programmable USDC payments across blockchain networks. Circle launched a suite of tools designed to let AI agents hold wallets, discover services and make programmable payments using USDC, as companies race to build financial infrastructure for autonomous software systems. The products, released under Circle’s new “Agent Stack,” include agent-focused wallets, a command-line developer interface, a marketplace for agentic services and a nanopayments protocol for machine-to-machine transactions. Circle said the nanopayments infrastructure supports gas-free USDC (USDC) transfers as small as $0.000001 and is designed for high-frequency autonomous payment flows between software systems. Read more
The white hat hacker said the decision to exploit Renegade’s dark pool was made to protect the funds and safety of DeFi users. The team behind the Renegade.fi protocol said a whitehat hacker returned about $190,000 after exploiting one of its Arbitrum-based decentralized dark pools and later complying with instructions in an onchain message to return 90% of the funds. Renegade confirmed the return of funds on Sunday after blockchain analytics platform Blockaid flagged the $209,000 exploit at 8:27 am UTC. The hacker injected malicious logic into a faulty function tied to its V1 Arbitrum dark pool to steal 27 ERC-20 tokens. Data from Arbitrum block explorer Arbiscan shows that the whitehat returned about $190,000 to the Arbitrum wallet address “0xE4A…5CFBE,” which includes $84,370 worth of USDC (USDC), $27,885 in wrapped Bitcoin and $23,950 in wrapped Ether. Read more
Global regulators will have to confront US policy on dollar-backed stablecoins as they seek international standards for payment tokens, Andrew Bailey said. Bank of England Governor Andrew Bailey said international regulators will have to “wrestle” with the US over global rules for stablecoins, which are largely denominated in and backed by US dollars. “If we want stablecoins to be part of the architecture of payments globally [...] they're only going to work if we have international standards,” Bailey said at a conference on Friday, according to Reuters. “Frankly, that, I think, is going to be a coming wrestle with the [US] administration," he added. Read more
Adeniyi Abiodun, co-founder of Mysten Labs, announced at an event in Miami plans for zero-fee stablecoin transfers on Sui and reiterated the ambition to add private transactions. Sui network’s native token, SUI, has climbed 50% over the past seven days after a Nasdaq-listed company staked a large portion of the token’s supply and developers announced upcoming features, including zero-fee stablecoin transfers and private transactions. SUI traded around $0.94 on May 4 before climbing to $1.41 on Sunday, according to CoinGecko. Over the same timeframe, trading volume surged from more than $213 million to over $2.5 billion. Ryan McMillin, co-founder and chief investment officer of Australian crypto investment manager Merkle Tree Capital, told Cointelegraph the rally has likely been driven by multiple reinforcing catalysts. Read more
Privacy-conscious internet users are being “demoted” from second to third-class netizens, said Bitcoiner Jameson Lopp. Privacy proponents have criticized Google’s latest reCAPTCHA changes, arguing they could lock users of Android phones without Google Play Services out of websites that rely on the new verification flow. Google-owned reCAPTCHA is used to verify that a user is human, usually by asking them to click on images of a bus or a fire hydrant. Google announced “Cloud Fraud Defense” in late April, branding it “the next evolution of reCAPTCHA.”The latest update now presents users with a QR code to verify their humanity, but requires Google Play Services or the Apple equivalent to be running on the device, which isn’t present on “de-Googled” Android phones, such as those running GrapheneOS or CalyxOS. Read more
10x Research CEO Markus Thielen said Bitcoin’s strength above $80,000 could be supported by two favorable decisions in the US Senate this week. Bitcoin briefly dipped before surging over $82,000 on Sunday as US President Donald Trump rejected Iran’s counteroffer to a peace deal, which could prolong tension in the Middle East. “I don’t like it — TOTALLY UNACCEPTABLE," Trump said in a post to Truth Social on Sunday after reading Iran’s proposal to end the war. Iran has previously requested that the US pay for war reparations and unfreeze blocked Iranian financial assets. Bitcoin (BTC) fell from $81,430 to $80,520 within 45 minutes of Trump’s post before whipsawing nearly 2.3% to $82,347 less than three hours later, according to CoinGecko data. Bitcoin’s rise also resulted in nearly $64 million worth of short positions being wiped out over the last four hours, according to CoinGlass data. Read more
Strategy's average cost per Bitcoin is about $75,537, and its BTC investment is up about 7.6% at the time of this writing, according to data from the company. Michael Saylor, co-founder of Strategy, signaled that the Bitcoin treasury company will resume its BTC purchases this week, following an earnings call on Tuesday, during which he said the company may periodically sell portions of its treasury. “Back to work, BTC,” Saylor said in an X post on Sunday, messaging that has previously preceded a BTC purchase, which typically the day after his posts. The company last purchased BTC on April 27, buying 3,273 coins for about $255 million, which brought its total holdings to 818,334 BTC. Those holdings were worth about $61.8 billion, according to Strategy's website at the time of publication. Read more