Crypto bill likely delayed for weeks by Banking Committee after Coinbase pulled its support
The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks. Source link
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$250M pulled from Lighter 24 hours after $675 million token airdrop
Onchain data from Bubblemaps revealed that roughly $250 million was withdrawn from decentralized perpetual exchange Lighter after it airdropped $675 million worth of LIT on Tuesday. In an X post, Bubblemaps questioned whether “all the (yield) farmers were leaving?” It also noted that Lighter users withdrew roughly $201.9 million worth of tokens on the Ethereum…