Crypto Firefly

US prosecutors propose changes to CLARITY as voting window narrows: Report https://cointelegraph.com/news/clarity-act-changes-law-enforcement-voting-narrows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight over the bill.

Crypto entering biggest consolidation phase in history, says ARK analyst https://cointelegraph.com/news/crypto-entering-biggest-consolidation-phase-in-history-says-ark-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures.

Tennessee county passes another ban on crypto operations https://cointelegraph.com/news/tennessee-county-ban-crypto-operations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company.

Robinhood posts record quarter as crypto revenue slides 38% https://cointelegraph.com/news/robinhood-record-quarter-crypto-revenue-slides?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.

Ethereum Foundation adds SEAL 911 co-founder to board as privacy focus grows https://cointelegraph.com/news/ethereum-foundation-seal-911-pascal-caversaccio-board?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Pascal Caversaccio joins the Ethereum Foundation’s four-member board as the organization elevates privacy and security in its protocol strategy.

Japanese game developer launches Bitcoin, altcoin fund with SBI https://cointelegraph.com/news/japanese-game-developer-bitcoin-altcoin-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year.

Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO https://cointelegraph.com/news/binance-us-prediction-markets-cftc-designated-contract-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August, allowing it to offer prediction markets.

US arbitration giant launches specialist panel for crypto disputes https://cointelegraph.com/news/aaa-web3-panel-crypto-blockchain-disputes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound