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Crypto losses due to security breaches have surpassed $1.5 billion, highlighting vulnerabilities in bug bounty programs and the need for stricter security measures.

Bitcoin and other major cryptocurrencies surged Sunday after President Donald Trump announced plans for a U.S. crypto reserve that would include XRP, Solana, and Cardano.

Billionaire Giancarlo Devasini of Tether wants to maintain the stablecoin’s freedoms; his rival, Jeremy Allaire of Circle, is working hard to rein in his competitor with regulations.

Bitget’s Gracy Chen predicts Bitcoin could drop to the $72K–$80K range despite growing institutional interest.

The Securities and Exchange Commission (SEC) has emerged as a big savior of the crypto industry in recent weeks— a shift that seemed unimaginable just a few years ago under Gary Gensler’s leadership.

In a post on Truth Social on Sunday, Trump announced that his January executive order on digital assets would create a stockpile of XRP, SOL and ADA currencies, surprising traders by choosing three lesser-known tokens and sending their prices soaring. Later on Sunday, Trump added that bitcoin and ether, the two biggest cryptocurrencies, would be included in the reserve.

Mike Selig, the newly-appointed chief counsel for the SEC’s Crypto Task Force, was previously a New York-based partner at Willkie Farr & Gallagher LLP.