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02:02

U.S. House Introduces PACE Act to Grant Qualified Digital Asset Firms Direct Access to Federal Reserve Payment System

The PACE Act would let qualified digital asset and fintech firms access the Fed's payment system, aiming to cut delays and costs through direct Fed access, with regulatory safeguards and consumer protections. Abstract: The U.S. House introduced the Payments Access and Consumer Efficiency (PACE) Act to allow qualified digital asset, fintech, and other service providers to connect directly to the Federal Reserve's payment system. The bipartisan bill, by Reps. Young Kim and Sam Redo, aims to cut delays and fees by enabling direct Fed access under OCC oversight, with streamlined registration, consumer protections, supervisory enforcement, and bankruptcy provisions. Industry advocates argue that direct access would foster faster, cheaper, and more competitive payment services while maintaining safeguards for innovation.
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02:01

CATL Launches 1,000 km Range Qilin Battery and 6-Minute Fast Charging Shenxing Battery

CATL unveils Qilin: 1,000 km range, 280 Wh/kg, 10C; Shenxing: 98% charge from 10% in 6:27 (LFP). Plans 4,000 charging/battery-swapping stations by 2026 with partners, and emergency-use station batteries power chargers with above 85% utilization. Abstract: CATL announces two battery technologies—Qilin and Shenxing—highlighting long range, higher energy density, and rapid charging, plus a plan to deploy 4,000 charging/battery-swapping stations by 2026 with automaker partners and emergency power support for charging units.
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01:57

Venus Attacker Transfers 2,301 ETH to Mixer, Tornado Cash Used for Laundering

On-chain analysis tracks a Venus protocol attacker moving 2,301 ETH (~$5.32M) to a suspected wallet, then batching through Tornado Cash; about $17.45M remains on-chain. Abstract: This note summarizes on-chain activity related to a Venus protocol attacker, including the transfer of 2,301 ETH (~$5.32M) to a wallet and batch-mixing via Tornado Cash, with approximately $17.45M still held on-chain.
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