California Senate passes bill to ban memecoin issuance by public officials

The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “pay-to-play arrangements.” California lawmakers passed a bill restricting public officials’ involvement with memecoins, citing concerns around conflicts of interest and “pay-to-play arrangements.” The California Senate passed Assembly Bill 2409 in a 40-0 vote…

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Polish Olympic chief charged in Zondacrypto probe, justice minister says

Polish Olympic Committee president Radosław Piesiewicz faces charges as prosecutors investigate his ties to collapsed cryptocurrency exchange Zondacrypto. Polish prosecutors charged the head of the Polish Olympic Committee in an investigation linked to defunct cryptocurrency exchange Zondacrypto. Authorities detained the committee’s president, Radosław Piesiewicz, in connection with the Zondacrypto probe, Poland’s Justice Minister and Prosecutor…

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Crypto Biz: Bitcoin pumps, Wall Street does the paperwork

Bitcoin’s $80,000 rebound lifts crypto stocks as Circle, Strategy and Solana show how capital markets, stablecoins and onchain growth are driving crypto’s recovery. Bitcoin’s return above $80,000 is exposing just how much the crypto industry now runs through traditional capital markets. Michael Saylor’s Strategy needs a receptive market to finance its Bitcoin machine (BTC), Circle’s…

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Polygon discloses security flaws fixed in recent hard forks

The vulnerabilities posed denial-of-service and validator resource risks but were patched before Polygon publicly disclosed them. Polygon has disclosed several previously private security vulnerabilities that could have disrupted its proof-of-stake network, after deploying fixes through two recent hard forks. The vulnerabilities affected Polygon’s Bor and Heimdall clients and included denial-of-service risks, validator resource exhaustion and…

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Bitcoin ETFs end 9-day inflow streak as BTC dips below $78K

US spot Bitcoin ETFs posted $201.8 million in net outflows Friday, led by ARK 21Shares, as total fund assets slipped back below $100 billion. US-listed spot Bitcoin exchange-traded funds (ETFs) ended a nine-day inflow streak as Bitcoin fell below $78,000, while several altcoin ETF categories continued to see inflows. Bitcoin ETFs recorded $201.8 million in…

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