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Crypto

U.S. CLARITY crypto bill odds drop to 40 percent amid Trump conflict of interest row

Odds that the United States will pass the CLARITY bill, a crypto market structure measure, by year-end have fallen to about 40 percent, an outlook said. Democrats are amplifying concerns over President Donald Trump’s potential crypto conflict of interest, raising uncertainty around the bill. Polymarket reflects the reduced probability. Market activity slowed in the second quarter, while prediction markets and tokenised stocks grew. Security threats persisted, and Base said it is shifting strategy.

Crypto

Consensys belatedly finds it outsourced work to North Korea-linked developer

Consensys belatedly discovered it had outsourced work to a software developer linked to North Korea and blocked the person’s access, the report said. Cointelegraph reported the developer accessed some Consensys systems for about a month. The individual joined Consensys work early this year under the alias “Tyler Knapp” after being introduced by a third-party service provider with an existing business relationship.

Crypto

Binance to distribute $800,000 worth of XRP in rewards campaign with strict KYC, volume and residency criteria

Binance has launched an XRP rewards campaign worth a total of $800,000, but participation is limited to users who meet strict criteria including residency, customer identity verification and trading requirements. Eligible users must hold at least 0.01 RLUSD in certain accounts and post average daily trading volume of at least $500 on margin or futures, using RLUSD as collateral. Rewards are calculated using the day’s lowest balance and can be reduced for funds converted from borrowed stablecoins.