Exodus Movement (EXOD) cuts 25% of staff to focus on stablecoin payments platform. Company expects $10M-$13M annual savings after $3.5M restructuring costs.
Trump has accepted ethics provisions in the CLARITY Act, clearing a major obstacle for the historic crypto bill ahead of a crucial Senate vote in August.
SEC charges Mining Automatic and founder Zan Shaikh with $22M crypto mining fraud. Over 380 investors affected. Only 13% went to actual mining operations.