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| Over 200 crypto firms push Senate to pass CLARITY Act |
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June 9, 2026 |
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Your Daily Digest of the π₯Hottest News in Crypto. |
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Today’s top storiesπ€ OpenAI files confidential paperwork for a US IPO, but says timing remains undecided
π️ More than 200 crypto firms urge Senate leaders to bring the CLARITY Act to a vote
π Humanity says a compromised laptop exposed multisig keys before a $36M bridge attack
π Bitcoin traders warn the real bear-market bottom may not arrive until Q3 or Q4
π° Keep reading for all of today’s biggest headlines |
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OpenAI confidentially files to go public in the USOpenAI has confidentially filed for an initial public offering in the United States, saying it submitted paperwork to the SEC but has not yet decided when it will launch. The company said it expected the filing to leak and chose to announce it publicly, adding that it may remain private for a while because some priorities are easier to pursue outside public markets. The filing comes amid a broader AI and tech listing wave, with rival Anthropic also pursuing an IPO and other major tech firms preparing Wall Street debuts. Cointelegraph notes that crypto firms such as Circle, eToro and Bullish raised billions after going public last year, while OpenAI’s leadership framed the company’s future around building increasingly capable AI systems and making advanced AI broadly available rather than concentrated among a few institutions.
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Over 200 crypto firms push Senate to pass CLARITY ActMore than 200 crypto companies and organizations are urging the US Senate to advance the CLARITY Act, warning that delays could cause the bill to miss a key legislative window before the midterm elections. In a letter shared by Stand With Crypto, industry groups called on Senate Majority Leader John Thune and Minority Leader Chuck Schumer to bring the bill to the Senate floor “without delay.” The CLARITY Act would define how the SEC and CFTC oversee crypto markets, but it has stalled amid disputes over stablecoin yields, DeFi developer protections, ethics rules and illicit-finance provisions. The letter was signed by Stand With Crypto, The Digital Chamber, the Blockchain Association and the Crypto Council for Innovation, which argued that passing the bill would help keep crypto jobs, investment and market activity in the US rather than pushing them offshore.
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Humanity says compromised laptop led to $36M bridge attackHumanity Protocol says an employee’s compromised laptop enabled attackers to seize bridge controls, upgrade contracts and steal more than $36 million in H tokens across Ethereum and BNB Chain. The team said three of six Gnosis Safe owner keys were compromised, giving attackers control of bridge administration on both networks. Founder Terence Kwok told Cointelegraph that some multisig keys may have been accidentally backed up to a compromised device during setup. Attackers replaced bridge contracts with malicious versions, drained around 141.2 million tokens on Ethereum, and on BNB Chain added a function allowing them to mint unlimited tokens before creating 200 million H tokens for their own wallet. The incident pushed H down more than 85%, and Humanity halted deposits and withdrawals while working with exchanges and investigators on damage control and potential recovery.
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MARKETS |
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BTC price bottom not due until Q4? Five things to know in Bitcoin this weekBitcoin is entering the second week of June in damage-control mode, with traders warning that the final bear-market bottom may still be months away. Cointelegraph’s market roundup says BTC has seen relief after its latest weekly close, but several analysts still expect a later low, with one trader pointing to middle or late Q3 and another arguing that Q4 has high odds of marking the cycle bottom after Bitcoin closed below its 200-week simple moving average. The article also flags a difficult macro setup for risk assets, including upcoming US CPI and PPI inflation data, market expectations shifting toward possible rate hikes, the US-Iran war and oil volatility. At the same time, some onchain indicators suggest speculative excess has been flushed out, with CryptoQuant pointing to weakening profit-taking, more supply sitting at break-even or in loss, and sentiment plunging into extreme fear. The piece frames the current market as caught between worsening macro pressure and early signs of seller exhaustion.
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