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The White House's AI and crypto czar, David Sacks, confirmed the CLARITY Act will reach the Senate in January, a major step toward establishing regulatory clarity for the US crypto market.
A Brooklyn man has been arrested for an alleged $15 million cryptocurrency phishing scam targeting approximately 100 Coinbase users. The event highlights significant security vulnerabilities and adds to investor concerns, occurring as Coinbase's stock faces pressure and the company pursues strategic institutional and retail expansion.
Filecoin (FIL) broke below a critical technical support level, falling 5.1% to $1.24 amid a broader crypto market decline. A 380% surge in trading volume to 11.74 million tokens points towards significant institutional selling pressure as market-wide risk appetite fades.
Toncoin (TON) experienced a 3.4% price decline, falling to $1.5567 amid a wider market downturn. The drop reflects broader investor caution, low liquidity, and a flight to less speculative assets as Bitcoin consolidates below $90,000.
