FOMO HOUR: A Daily Crypto & Web3 News Show
Crypto majors rallied 5-10% on STRC, peace progress; BTC +5% at $74.4k; ETH +9% at $2,380; SOL +5% at $86; HYPE +8% at $44.90. VVV (+15%), ALGO (+10%), and MON (+9%) led top movers. Oil -5% at $92; Gold +1% at $4,770. White House crypto adviser Patrick Witt is working to finalize compromises on the Clarity Act, saying that the stablecoin yield compromise appears intact while other issues like tokenization, SEC/CFTC jurisdiction, and DeFi illicit finance. An attacker exploited Hyperbridge’s cross-chain gateway to mint 1 billion bridged Polkadot tokens on Ethereum, though the hacker walked away with just $237K due to shallow liquidity in the DOT-ETH pool. Foundry Digital launched its Foundry Zcash Pool on Monday with institutional miners already onboarded, capturing 29% of ZEC network hashrate. Coinbase’s VP of International Policy left to take a job at OpenAI, leading EMEA policy.