David Sacks Signals Bipartisan Progress in U.S. Crypto Law

David Sacks reports U.S. crypto bill progress; BlackRock and Justin Sun make major moves as global adoption accelerates.
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David Sacks Confirms Bipartisan Crypto Bill Progress

David Sacks: Bipartisan Progress Approaching in Crypto Legislation

White House Director of Cryptocurrency and Artificial Intelligence David Sacks announced that concrete progress has been made on a bill regarding the structure of the crypto market in meetings with Senate Agriculture Committee Chairman John Buzman and member Cory Booker. Sacks stated that a bipartisan bill could be presented to the public soon. This development is seen as a critical step for the crypto industry to emerge from regulatory uncertainty in the US.

Mac House Increases Bitcoin Holdings in Japan

Mac House (7603.T), a clothing company traded on the Tokyo Stock Exchange, has increased its total holdings to 124.8 BTC by purchasing an additional 6.37 Bitcoin in its latest acquisition. The company is gradually increasing its Bitcoin holdings, continuing its long-term value preservation strategy.

Exodus Disclosed Its Crypto Holdings as of October 31, 2025

Exodus Movement, a crypto wallet platform traded on the New York Stock Exchange, reported holding 2,147 BTC, 2,784 ETH, and 49,567 SOL as of the end of October. The company’s strong balance sheet aims to increase user confidence and reinforce the sustainability of the platform’s own custody solution.

SharpLink to Announce Third Quarter Results on November 13

Ethereum-based treasury management company SharpLink announced that it will share its third quarter results on November 13. The company will hold an investor conference at 9:30 p.m. Beijing time to review its financial performance for the period ending September 30.

YZi Labs Invests in Digital Cultural Heritage Initiative Funes

YZi Labs announced that it has invested in Funes, a digital heritage platform that aims to create the world’s largest 3D architectural data archive. Funes aims to digitally preserve historical structures using photogrammetry and AI-powered 3D modeling.

The investment will support the platform’s growth in AI integration, user experience, and data modeling.

NVIDIA-Supported Vast Data Signs $1.17 Billion AI Agreement with CoreWeave

Vast Data, a data infrastructure company backed by NVIDIA, has signed a $1.17 billion artificial intelligence partnership agreement with cloud computing giant CoreWeave. This partnership will enable the optimization of high-performance artificial intelligence workloads in data centers.

BlackRock Transfers 4,652 BTC and 57,455 ETH to Coinbase

According to Onchain Lens data, BlackRock deposited 4,652.87 BTC worth $478.5 million and 57,455 ETH worth $194.86 million to Coinbase in the last 24 hours. This move is seen as part of an institutional liquidity management or reallocation strategy.

Justin Sun Staked 45,000 ETH to Lido

Crypto entrepreneur Justin Sun staked 45,000 ETH ($154.5 million) withdrawn from AAVE to Lido. The total value of Sun’s Ethereum holdings has surpassed his TRX portfolio ($519 million) at $534 million.

Notional Lost 721 ETH Due to Balancer Vulnerability

DeFi lending platform Notional announced that it lost over 721 ETH due to a security vulnerability in the Balancer V3 protocol and has shut down the V3 protocol. It was revealed that all leveraged vault users suffered 100% losses. The company is preparing a new compensation plan to facilitate users’ transition to Aave.

US Court: FBI Not Responsible for Destruction of Hard Drive Containing 3,400 BTC

A US court ruled that the FBI cannot be held responsible for accidentally destroying a hard drive containing 3,400 BTC. Following the incident, it is estimated that a total of 3.7 million BTC (approximately 18% of the supply) may now be permanently lost. This is seen as a significant development that strengthens Bitcoin’s long-term supply scarcity dynamics.

 

⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk. Always do your own research before making decisions. Darkex is not liable for any financial losses.
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