CLARITY Act · Bitcoin · US Senate · Bitcoin.com News
CLARITY Falters, Kraken Gears up for On-Chain Perps, And More, Weekly Recap
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This week’s stories centered on regulation, institutional adoption and market infrastructure.
Key facts
- The attackers claiming to be behind the Revolut breach have dropped the earlier bitcoin demand and are now asking for 6,000 XMR, roughly $3 million…
- Kalshi Hits $40B+ Volume and 80% of US Prediction Market
- 7 Democratic Senators Vow to Keep Pushing CLARITY Act After Setback
- Seven Democratic senators vowed to keep negotiating on the CLARITY Act, while Tom Lee forecast a bullish 12 months for crypto
Summary
Revolut’s alleged attackers switched from BTC to XMR, seeking roughly $3 million for stolen data. Kalshi’s roughly 80% U.S. volume share shows prediction-market activity is concentrated on 1 platform. Payward’s planned integration could give Hyperliquid access to 6 million Kraken accounts. A group of Democratic senators says the failed Senate vote on the CLARITY Act will not end efforts to establish a federal framework for cryptocurrency markets.