Reposter of Crypto & other Financial News | On a quest to achieve financial freedom, the road to wealth is paved with risk. Tweets are not financial advice.
🚨HUGE: SWIFT confirms over 50 major banks will implement CRYPTO rails for cross-border payments.
Bank of America, JP Morgan, Deutsche Bank, Bank of China and SBI are among the banks backing the initiative, with over 25 set to begin processing payments by June.
Swift handles over $150 TRILLION annually.
🇺🇸 LATEST: Coinbase’s Chief Policy Officer says the Clarity Act is “very close” to passing, adding that JPMorgan and other major banks want to enter the crypto sector.
🇺🇸 SEN. LUMMIS CALLS ON CONGRESS TO SEND CLARITY ACT TO TRUMP
Praising President Donald Trump for backing pro-crypto policies, she says:
“Let's get the bipartisan Clarity Act to his desk so he can make the U.S. the crypto capital of the world with a stroke of a pen.”
⚠️SUI DROPS -5% AS MAINNET SUFFERS NETWORK OUTAGE
The Sui team has confirmed a network-wide stall, with developers currently working on a solution.
The network has been down for over two hours, temporarily halting all transactions on the mainnet.
JUST IN: 🇺🇸 US Treasury Secretary Bessent calls on Congress pass crypto Clarity Act.
"The most important thing we can do is make digital assets come into the United States."
It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder. Our hearts are with his family and loved ones.
Nate’s brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of us personally, cannot be overstated.
Nate also helped us build a durable organization with experienced leaders across all facets of the business. Ian De Bode, Ondo Finance’s longtime President, will serve as CEO. Ian has been leading our strategy, product, and day-to-day operations for over two years and has the full confidence of the leadership team.
We will continue building what Nate started. That is the most meaningful way we know to honor him.
🔥CHAINLINK DID EVERYTHING RIGHT, EXCEPT PUMP
Chainlink spent the past year stacking enterprise integrations, expanding CCIP, and embedding itself deeper into traditional finance.
Yet $LINK still trades near $9.25, roughly 70% below its cycle peak.
The fundamentals improved. The price never got the memo.
🚨NEW: U.S. BITCOIN RESERVE BILL IS ON THE TABLE
Rep. Nick Begich and Rep. Jared Golden introduced a bipartisan bill to lock U.S. government Bitcoin holdings into a Strategic Bitcoin Reserve for at least 20 years.
The ARMA bill launches with 16 co-sponsors and creates a separate stockpile for non-Bitcoin digital assets.