Cloudflare Outage Sends Shockwaves Through Crypto, Renewing Push for DePIN

The Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.

The Ethereum Foundation’s Account Abstraction team published a blog post on Tuesday outlining the goals for the upcoming Ethereum Interop Layer, which is now open for testing.

[U.S. Aviation Industry Groups Call to Prevent Government Shutdowns from Disrupting Air Traffic] Senate testimony reveals that U.S. aviation industry groups will call for permanent measures to prevent disruptions to air traffic during government shutdowns. Previously, a U.S. government shutdown disrupted travel for 6 million passengers and affected 50,000 flights.

[Bank of England MPC Member Dhingra Suggests Lowering Interest Rates to Neutral Level as Soon as Possible] Bank of England Monetary Policy Committee member Dhingra stated that interest rates should be lowered to a neutral level as soon as possible.

Futures prices for BTC are trading below spot prices, signaling "extreme fear," which can sometimes be read as a contrarian buy signal.