Amidst increasing debate over stablecoin regulation in the United States, Coinbase CEO Brian Armstrong is calling for key reforms to the proposed GENIUS Act. Reportedly, he argues that the current legislation unfairly restricts stablecoin issuers from paying interest to users and stifle innovation in the crypto space. As Congress is currently navigating the complex landscape of stablecoin regulation, Armstrong’s statements underscore the growing tensions in the crypto space.
Stablecoin Regulation: Coinbase CEO Urges for GENIUS Act Reform
In the latest development within the stablecoin space, Brian Armstrong, the Chief Executive Officer of Coinbase, a prominent crypto exchange, is urging for regulatory revisions. Highlighting the current unfair legislation, he demands Senate discussion on the GENIUS Act. In addition, he is also proposing revisions for the House’s STABLE Act.
In a recent X post, the Coinbase CEO wrote, “Congress has a real opportunity this week to advance stablecoin and market structure legislation.” According to him, the current provisions of both the GENIUS Act and the STABLE Act prohibit stablecoin issuers from paying interest to users.
Notably, Brian Armstrong is pushing for swift passage of stablecoin legislation in the U.S., with a potential window of opportunity before the August break. He called on lawmakers in both the House and Senate to take action and enact legislation that balances consumer protection with innovation in the digital asset sector. He posited,
We strongly support the Senate starting debate on the GENIUS Act — and we need 60 votes to get there. We also welcome House efforts to build on FIT21’s momentum. Both chambers need to act now if we hope to pass comprehensive legislation into law before August.
Ethereum made history by offering developers the first smart contract blockchain platform, and early investors saw life-changing returns. Now, nearly a decade later, a new kind of crypto project is generating the same type of interest and potential.
It runs on artificial intelligence, is open to retail investors, and is currently entering its presale. Analysts are already calling it the most exciting AI-driven token launch in years.
AiAO isn’t a meme coin or a pump-and-dump. It’s a serious trading platform with a track record, backed by innovative machine learning, and supported by a financial model built for long-term sustainability. If you missed out on Ethereum at $7, this might be your second chance.
AlgosOne: Where AI Meets Investing
For years, time, emotional decision-making, and inconsistent results constrained investing. AlgosOne changes the game by replacing guesswork with AI logic. Once users register and deposit funds, the system handles everything from strategy selection to risk management automatically.
Proven Results
AlgosOne’s proprietary AI has maintained an 80 percent trade win rate since 2022. This is not just backtesting. These are real-world results, based on live trades. The platform’s earliest contracts matured at the end of 2024, with some users earning profits of up to 250 percent.
There are no hidden fees either. No spreads, no subscriptions, and no charges on losing trades. The only cost is a small commission on wins.
The system is part of a broader trend in how financial technologies are evolving, and AlgosOne’s technology stack supports both speed and precision at scale. This system isn’t just for tech pros or institutional traders. Anyone can use it. No coding, no chart analysis, no late nights. Just register, fund your account, and let the AI do its job.
AlgosOne is licensed in Europe and has an excellent score of 4.7 / 5 on Trustpilot with more than 2400 reviews and numerous satisfied users and clients.
What Is AiAO from AlgosOne?
At the heart of this AI trading ecosystem is the AiAO token. It’s more than a digital asset—it’s the key to accessing the AlgosOne platform. It also serves as a reward mechanism, governance tool, and investment opportunity all in one.
And it doesn’t stop there. AlgosOne has pledged to purchase at least $100 million worth of tokens during the public sale, which will reduce the overall supply and further increase demand.
Token Benefits That Go Beyond Just Holding
Unlike many cryptocurrencies that rely purely on speculative value, AiAO is for real use cases. Token holders benefit in several unique ways:
1. Regular Dividend Payouts
AiAO holders will receive dividend payments in USD. These distributions are based on the platform’s revenue, meaning the more successful AlgosOne becomes, the more income token holders can expect. Payments go directly into users’ bank accounts and depend on the number of tokens held.
Think of AiAO as shares of a public company on the stock market, which pays its shareholders dividends. It’s the same concept, except here it’s a cryptocurrency. Regular dividend payments are not present in BTC, ETH, SOL, or even XRP, making AiAO stand out.
2. Voting and Governance Rights
AiAO holders don’t just profit—they participate. The token includes built-in voting power, allowing users to help shape the platform’s future. Whether it’s voting on upgrades, new trading strategies, or ecosystem changes, the more tokens you hold, the more influence you have.
3. Tier Advancement and Trade Boosts
Holding AiAO also boosts your position within the AlgosOne system. Token ownership unlocks trading points, which increase your account’s tier. Higher tiers mean more trades per day, reduced commissions, and increased profits.
This adds an entirely new layer of utility, making AiAO more than just a digital currency but an access pass to elite financial tools within AlgosOne’s AI crypto trading interface. An AI system will beat human traders 9 out of 10 times, as it makes no emotional decisions and analyzes the markets 24/7 without human input to identify the most profitable trading opportunities.
4. The Retrodrop for Early Adopters
In addition to presale benefits, AlgosOne is launching a retrodrop that rewards early users with free AiAO tokens. Activities like watching educational content, depositing funds, and promoting the platform can all earn you extra rewards. The more involved you are, the more you receive.
How to Get In Before the Public Sale
To participate in the presale, users must first register on the AlgosOne platform and complete a quick verification process. The minimum deposit to qualify is $300, and higher deposits allow users to purchase more tokens in early rounds. Once verified, users will have access to the presale and can start earning benefits immediately, including staking options and early access to AI trading features.
Conclusion
If you’ve been watching the rise of AI in finance and wondering when the right opportunity will appear, this might be it. AiAO isn’t just a token but an opportunity to own shares of the future of AI trading. It could experience significant growth that can compare to Ethereum in its early days. Those interested in securing their position early can now register for the AiAO presale.
The incident was controversial after some community members noticed some concerning data. The revelations led to dire allegations, with some likening ZkSync to Mantra (OM). To some, ZKsync responded to the hack by dumping their assets at an accelerated pace.
“The ZkSync team has released 110 million tokens and sold 66 million. The price of ZK is going against the trend as the market is recovering, and it has immediately dropped by 15%. First OM, now ZK, this project seems to be heading in the wrong direction,” one user noted.
This bordered on embezzlement. However, in a recent development, the ZKsync Association revealed that the hacker returned 90% of the funds, effectively honoring the safe harbor deadline.
We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline. As stated in the original Security Council message, the case is now considered resolved.
The assets are now in custody of the Security Council, and the decision on what… https://t.co/X0oejun9Tx
Through an April 21 post on X (Twitter), the ZKsync Security Council offered the hacker a 10% bounty if they returned the stolen funds, allowing a 72-hour window.
“To resolve this matter amicably in the spirit of safe harbor, we are offering a 10% bounty for your cooperation if you return 90% of the funds involved in the exploit,” ZK Nation shared on X.
As it happened, the bad actor heeded, transferring almost $5.7 million to the ZKsync Security Council across three transfers on April 23.
Specifically, they sent two transfers on the ZKsync Era blockchain. The first involved sending $1.83 million worth of Ethereum (ETH) to the ZKsync Security Council’s ZKsync Era address, and the second involved sending $2.47 million worth of ZKsync tokens.
Transfers made through the ZkSync Era blockchain. Source: explorer.zksync.io
In the third transaction, the ZKSync hacker sent 776 ETH worth approximately $1.4 million to the ZkSync Security Council’s Ethereum address.
Transfers made to the ZKsync Security Council’s ZKsync Era address. Source: Etherscan.io
With this, the ZKsync Association committed to publishing a final report revealing more details about the security incident.
Meanwhile, it is worth noting that the hacker followed instructions given by the ZKsync Security Council to the letter. Based on this, the case closes without further action.
It mirrors past incidents, including Ronin Bridge hackers returning $10 million worth of ETH and earning a $500,000 bounty.
Despite the turn of events, however, the ZK token continues to display bearish sentiment, down by nearly 2% in the last 24 hours. As of this writing, ZKsync’s token was trading for $0.06.
Meanwhile, not all hacking incidents honor safe harbor offers. Recently, Bybit launched a bounty program offering up to 10% of recovered funds to ethical hackers and cybersecurity experts.
This incentivized efforts to reclaim $1.4 billion in stolen assets. While some efforts to reclaim lost assets yielded results, the partial recovery was thanks to key industry players stepping in, not the exploiter.
