The investment brings Velocity's Series A round to $48 million and values the London-based payments infrastructure firm at $200 million, CEO Eric Queathem said.
Bitcoin fell 1.7% since midnight UTC to $76,862, unwinding a late Monday rally as Polymarket odds on the Clarity Act becoming law this year halved overnight.
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself.
The proposed acquisition would use cash flow from precious metals sales to build bitcoin holdings.
Founder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.”
Senators take a procedural vote on the crypto market structure bill later Tuesday. Bitcoin has given back 3% since touching $79,530 overnight, with XRP and zcash the only majors gaining ground.
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change.
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military.
Transaction V1 raises Solana’s limit to 4,096 bytes from 1,232, giving developers more room for multi-step trades, company-wallet approvals and privacy proofs.
Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text.
The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored for policies.
Bitcoin pulls back from $79,000 as the Senate prepares to vote on the Clarity Act and oil prices rise.
The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that failure may slow adoption rather than stop it.
The SEC chair said crypto issuance, transfer agent modernization and custody will form the backbone of the agency’s regulatory push.
One of the top crypto market structure negotiators in Washington says she's run out of gas on new revisions for the bill she's worked on for more than five years.
CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights.
Onchain records show that an $800 million crypto stake that matched Donald Trump's holding was moved into a vesting contract, locking any sales until 2028 after a mandatory 10% token burn.
President Donald Trump's digital assets adviser spoke at a Washington event the day after a new compromise language was released for the Clarity Act.
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banks-versus-crypto dispute alive in Congress.
The state AGs said they were concerned the crypto legislation might restrict their ability to bring securities and commodities cases tied to online scams.
Kalshi and Polymarket bettors sharply raised the chances of U.S. crypto market structure legislation advancing, with Tuesday's Senate vote the next test.
Consensus Hong Kong will focus on institutional adoption of digital assets and the growing role of artificial intelligence in the future of money.
On September 15, the Senate has the chance to show that it can address issues in a reasonable timeframe, rather than waiting for the next market failure to act, writes the Blockchain Association's Summer Mersinger.
The new Clarity Act draft would force divestiture and give state attorneys general the ability to sue to enforce the ethics provision.
Financial rating giant S&P Global joined top traditional banks and exchange operators to fund Kaiko's expansion into continuous market data services
The Ethereum treasury firm is closing in on its 5% accumulation goal as Lee points to a rising ETH-BTC ratio and institutional demand.
Bitwise's BWOW dogecoin ETF will close after 10 months, adding to weak demand across DOGE funds and raising a harder question for altcoin ETFs: What problem are they actually solving?
President Donald Trump agreed to expanded conflict-of-interest rules and state-level enforcement powers to secure key Senate votes for the Clarity Act.
The Financial Conduct Authority is exploring a bespoke regulatory framework with the Treasury to carve out digital gold from traditional fund laws.
The Federal Reserve's two-day policy meeting begins tomorrow, with nearly all now expecting the U.S. central bank to hike its benchmark policy rate by 25 basis points.
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