Lookonchain APP

App Store
Feeds Articles

Two U.S. Senators from Major Parties Propose Outlining Legal Liability for Crypto Developers

2 hours ago

On January 13, Decrypt reported that U.S. Senators Cynthia Lummis and Ron Wyden have reintroduced a bipartisan bill aimed at clarifying when cryptocurrency developers and infrastructure providers would qualify as money transmitters under federal law. Dubbed the Blockchain Regulatory Certainty Act, the legislation seeks to distinguish blockchain software creators and maintainers from financial intermediaries that control customer funds. Under the proposal, developers and infrastructure providers would be excluded from the federal money transmitter definition if they lack the legal right or unilateral ability to move users’ digital assets. Lummis noted that developers who only write code and maintain open-source infrastructure should not be classified as money transmitters—so long as they do not touch, control, or access users’ funds. Wyden added that applying the same rules to code writers as to exchanges or brokers is technically unfeasible and could infringe on privacy and free speech rights.
Add to Favorites Download image Share x Copy link
Relevant content

Preview: The U.S. will release the December CPI data tonight at 9:30 PM, and the market generally expects price pressure to remain stubborn

January 13: U.S. December CPI data is set for release at 21:30 tonight. The market broadly expects the inflation reading to reflect persistent price pressures while remaining below the Federal Reserve’s 2% target. Per a composite survey from Bloomberg and FactSet: - Headline CPI: +0.3% month-over-month, +2.7% year-over-year (forecast) - Core CPI (excluding volatile food/energy): +0.3% month-over-month, +2.7% year-over-year (forecast) While the Cleveland Fed’s Nowcast model projects a slightly softer core CPI (0.22% month-over-month), mainstream Wall Street consensus is that inflation has not cooled meaningfully. CME Group data indicates the market assigns a 95% probability the Fed will hold interest rates steady at its January meeting.

8 minutes ago

A whale transferred 10 million USDC to Lighter to short 5x LIT, spending $2.2 million to buy 1,059,000 LIT.

Jan. 13 — Per Onchain Lens monitoring, a whale has transferred 10 million USDC to Lighter and is actively hedging, even as LIT continues to decline. The whale has opened a 5x leveraged short position on LIT, spending $2.2 million to purchase 1,059,000 LIT at an average price of $2.08. Currently, the whale still holds 2,788,000 USDC and may continue accumulating LIT.

8 minutes ago

「Opponent's Position Strategy」 Close Long SOL Position, $700k Profit

January 13th — Per monitoring from HyperInsight, Strategy’s nemesis (the former Hyperliquid whale 0x94d37, once the largest BTC short holder on the platform) has closed its SOL long position, netting a $700k profit while carrying an account unrealized loss of $35k. As Strategy continued accumulating BTC, this address opened short positions in BTC, ETH and other major coins. At one point, it held a $120M position to become Hyperliquid’s largest BTC short; it now ranks as the second-largest.

8 minutes ago

Bitcoin Surges Past $92,000

On January 13, Bitcoin topped $92,000, per HTX market data, with a 24-hour price change of -0.03%.

8 minutes ago

A whale opened a long position on PUMP and FARTCOIN 1 hour ago, realizing a $50,000 paper profit

January 13th — Per monitoring from HyperInsight (https://t.me/HyperInsight), a crypto whale opened simultaneous long positions in PUMP and FARTCOIN at 12:11 ET. Current position breakdown: - 7.2 billion PUMP (10x leverage): Average entry = $0.002429, Floating profit = $32,500 - 4 million FARTCOIN (10x leverage): Average entry = $0.37166, Floating profit = $20,900

8 minutes ago

U.S. Senator: Bipartisan Recognized "Clarity Act" to Be Considered on Thursday

**Jan. 13: Sen. Cynthia Lummis Posts on X Re: Bipartisan Digital Asset Bill** Sen. Cynthia Lummis announced Wednesday (Jan. 13) on X that her team has finalized a bipartisan bill text—slated for consideration this Thursday—focused on digital assets. In her post, she urged Democratic colleagues not to backtrack on progress made, emphasizing the *Digital Asset Market Structure and Investor Protection Act* will give the industry the regulatory certainty it needs to keep innovation stateside and protect consumers. ### Notes on U.S. language habits: - Uses **Jan. 13** (abbreviated date, common in U.S. media/quick updates) - Replaces "on U.S. shores" with **stateside** (casual, widely used U.S. shorthand for "in the U.S.") - Simplifies "finalized a bipartisan bill text that will be considered on Thursday" to **slated for consideration this Thursday** (concise, matches U.S. news tone) - Keeps the bill title italicized (standard for U.S. legislative text references) - Uses **

8 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

A whale exchanged WIF and Bonk positions for Fartcoin!

2024.12.25 11:01:14

 More

Hot Articles

Follow us

X

Follow

Telegram

Join