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Raking in crypto dividends: How did the family of Trump's Secretary of Commerce earn 2.5 billions dollars a year?
Raking in crypto dividends: How did the family of Trump's Secretary of Commerce earn 2.5 billions dollars a year?

After Howard Lutnick became the Secretary of Commerce in the Trump administration, his family's investment bank, Cantor, is heading toward its most profitable year ever.

ForesightNews 速递·2025/11/17 16:52
Filecoin Foundation, FilOz unveil decentralized cloud to build more resilient and customizable apps
Filecoin Foundation, FilOz unveil decentralized cloud to build more resilient and customizable apps

Quick Take The Filecoin Onchain Cloud is a decentralized platform designed to support “full cloud workloads” from storage and retrieval to transformations and processing. Several teams, including ENS and Safe, are testing decentralized frontends.

The Block·2025/11/17 16:00
Bitcoin capitulation wave builds as ETF outflows, rate shocks hit crypto: analysts
Bitcoin capitulation wave builds as ETF outflows, rate shocks hit crypto: analysts

Quick Take More than $1 billion in crypto liquidations have occurred in the last 24 hours, with long positions accounting for the majority of the wipeout. Analysts warn that BTC must reclaim $95,000–$100,000 to avoid further structural weakening as onchain stress and ETF flows intensify.

The Block·2025/11/17 16:00
Bitcoin Price at Risk as Traders Move 65,200 BTC to Exchanges
Bitcoin Price at Risk as Traders Move 65,200 BTC to Exchanges

Bitcoin fell below $92,300 as a congressional probe into President Trump triggered risk-off sentiment. Short-term holders transferred over 65,000 BTC to exchanges, adding $610 million in potential sell pressure.

Coinspeaker·2025/11/17 16:00
US Senate banking chair eyes vote on crypto market bill next month
US Senate banking chair eyes vote on crypto market bill next month

Quick Take Senate Banking Chair Tim Scott said he aims to have committees vote on the crypto market structure bill next month. Scott added that he hopes to bring the bill to the Senate floor in early 2026 for President Trump’s sign-off.

The Block·2025/11/17 16:00
Sky authorizes up to $2.5 billion to back Obex-incubated crypto yield projects
Sky authorizes up to $2.5 billion to back Obex-incubated crypto yield projects

Quick Take The Sky community voted to allocate up to $2.5 billion to projects incubated by the Framework-backed Obex initiative. Framework is co-leading the $37 million funding round into the Obex incubator with LayerZero and Sky Ecosystem.

The Block·2025/11/17 16:00
Flash
02:42
Data: Bitget's Stock Token Holds Nearly 90% Share of Ondo
BlockBeats News, January 14th, on-chain tracking platform LookIntoChain data shows that the total trading volume of Bitget Tokenized Stocks has reached 1 billion U.S. dollars. Among them, the monthly volume in December 2025 accounted for 89.1% of Ondo's global market share.
02:41
Justin Sun: As a BNC shareholder, supporting YZi Labs' proposal and action to build a better BNB ecosystem
BlockBeats News, January 14th, Justin Sun stated that as a shareholder of CEA Industries (BNC), he firmly supports YZi Labs' proposal and actions to build a better BNB ecosystem. Earlier on January 7th, YZi Labs stated that the CEA Industries (BNC) board adopted a poison pill plan to prevent shareholders from exercising written consent rights, urging the board to avoid further manipulative actions. YZi Labs pointed out that the BNC board had postponed the 2025 annual meeting scheduled for December 17th, calling on the board to avoid further manipulative actions and ensure a fair director nomination and election process. In addition, YZi Labs refuted BNC's claim that they had never considered an alternative token strategy, stating that BNC CEO David Namdar had explicitly mentioned considering a switch to assets like Solana during the November 2025 meeting.
02:38
A U.S. Senator has introduced over 130 amendments to the "CLARITY Act" bill
BlockBeats News, January 14th, according to CoinDesk, based on terms obtained by the outlet, U.S. senators have submitted over 130 amendments to the "CLARITY Act" ahead of this week's milestone crypto market structure legislative hearing. These terms range from outright banning stablecoin yields to prohibiting "public officials from benefiting from crypto interests," to modifying the definition of digital asset mixers, proposed by both Republican and Democratic senators. The Senate Banking Committee is set to hold a markup hearing on Thursday, where lawmakers will debate the amendments, vote on whether to adopt relevant terms, and ultimately decide whether to advance the base bill. A similar hearing scheduled by the Senate Agriculture Committee has been postponed to late January. The base text of the Banking Committee's bill was released nearing midnight on Monday, following which legislators and lobbyists have been scrutinizing the details. Some amendments seem to have bipartisan support: Tillis and Alsobrooks jointly submitted three amendments, two of which appear to target the stablecoin reward provisions in the bill. One amendment aims to strike the word "solely" from the base text, with the current term stating "a digital asset servicer shall not solely receive interest or return of any kind solely for holding a payment stablecoin (whether in cash, token, or other consideration)." Another amendment seeks to modify the yield reporting requirements and add risk guidance provisions.
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