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Senate market structure bill draft proposes SEC–CFTC joint committee to end crypto turf wars
Senate market structure bill draft proposes SEC–CFTC joint committee to end crypto turf wars

Quick Take The latest draft of a major market structure crypto bill in the US Senate includes several changes that would codify protections for developers, clarify regulatory treatment of airdrops, exempt DePINs from securities laws, and more. The bill also calls on the SEC and CFTC to establish a joint advisory committee for digital assets, bringing together the regulators which sometimes treat crypto assets differently from each other.

The Block·2025/09/05 16:00
Ethena jumps 12% after treasury firm StablecoinX secures $530 million investment
Ethena jumps 12% after treasury firm StablecoinX secures $530 million investment

Quick Take Ethena’s native token jumped nearly 12% after StablecoinX, a treasury company associated with the synthetic dollar issuer, secured $530 million to build its ENA war chest. StablecoinX, which plans to list on Nasdaq under the ticker USDE in Q4, has raised $895 million in PIPE financing to date. StablecoinX will buy locked ENA from an Ethena Foundation subsidiary, while the subsidiary plans to buy $310 million worth of ENA tokens from spot markets over the next 6-8 weeks, the firm said. Stablecoin

The Block·2025/09/05 16:00
Michael Saylor Breaks Silence on Big S&P 500 Index Rejection
Michael Saylor Breaks Silence on Big S&P 500 Index Rejection

Strategy Chairman has finally broken the silence on S&P 500 rejection to have his firm on the Index, citing key milestones.

Coinspeaker·2025/09/05 16:00
Flash
09:03
Jito community proposal JIP-31 suggests reallocating 100% of protocol revenue to BAM validators
Foresight News reported that the Jito community has released proposal JIP-31, which proposes to redistribute 100% of protocol revenue to BAM validators. According to the proposal, this move will not only help enhance the competitiveness of the Solana network, but also attract more developers and users to join, further promoting the development of its ecosystem. In addition, it can also reduce harmful MEV and maximal extraction strategies on the network.
09:01
Matador Technologies Plans to Raise $58 Million to Increase Its Bitcoin Holdings
BlockBeats News, December 23rd, according to BitcoinTreasuries.NET, Canadian publicly listed company Matador Technologies (MATA) announced plans to raise $58 million to purchase more BTC, aiming to hold 1,000 BTC by the end of 2026.
08:58
Former AAVE Core Member: DAO is the Engine and Should Reclaim Brand Control
PANews reported on December 23 that Marc Zeller, former core member of AAVE, stated that Aave DAO is the true driving force behind the protocol's operations, rather than Avara, which has transformed into an independent company. Over the past three years, core matters such as risk management, technical upgrades, and ecosystem expansion have all been executed by service providers under the DAO, continuously generating substantial revenue for the protocol. Zeller emphasized that if strategic brand assets such as domain names and trademarks remain solely controlled by private companies, it not only weakens DAO governance but may also harm ecosystem fairness and talent retention, ultimately threatening the fundamental development of the entire protocol in the long term.
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