Although the recent U.S. election saw the incoming Trump administration throw its weight firmly behind crypto, progress in several areas appears to be slowing.
Lawmakers have delayed their timeline for passing digital assets market structure legislation, abandoning newly appointed crypto czar David Sacks’ vow to pass it during the administration’s first 100 days.
Meanwhile, at the state level, plans to establish strategic Bitcoin reserves have stalled, with five states rejecting bills to invest public funds in the cryptocurrency.
US Lawmakers Delay Timeline for Crypto Legislation
During a Wednesday meeting, lawmakers and industry experts expressed less urgency to speed-run new crypto reforms.
U.S. State Bitcoin Reserve Plans Hit Roadblock as Multiple Bills Rejected
Five states have so far blocked Bitcoin reserve bills, stalling efforts to integrate digital assets into public finance.
FBI Links North Korea to $1.4 Billion Bybit Crypto Heist
The FBI, while late to the party, has confirmed the $1.4 billion theft of Ethereum from a Bybit cold wallet originated from North Korea.
SEC Softens Crypto Stance as Justin Sun Eyes Settlement, Gemini Cleared of Probe
The SEC is retreating from cases against Tron’s Justin Sun and crypto exchange Gemini, signaling a softer stance on the industry.
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🎮️ GG: 'Nyan Heroes' Plots Epic Games Store Return With New Hero, Map and Mode
Ethereum shooter Nyan Heroes will return on March 26, with a new hero, game mode, map, and airdrop campaign.
🤖 EMERGE: Claude 3.7 Sonnet Takes Back the AI Crown—Here’s How it Stands Against the Rest
Anthropic's newest model excels at creative writing and coding but maintains higher prices and stricter content filters than rivals.
🤖 EMERGE: Claude AI Can Now Play Pokémon—And It’s Winning
Anthropic says Claude 3.7 Sonnet outperformed older models in gaming, mastering how to win Pokémon battles.
🎭️ SCENE: Original Pudgy Penguins Artist Finds 'Freedom' With New Berachain NFT Collection
Antoine Mingo, the original artist for Pudgy Penguins, has founded his own NFT collection on Berachain—this time with creative freedom.
📚 Watch and Learn
📹️ WATCH: UNDER EXPOSED EP14 – Crypto Market Turmoil: Black Tuesday Unfolds
UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives. On this episode, the hosts look at the destruction left in the wake of Black Tuesday market turmoil.
