In the latest crypto news, US Democrats have shown support for a bipartisan approach to a digital asset market structure, with statements from 12 senators advocating collaboration with Republican leaders. They emphasize the importance of addressing gaps in the spot market for digital assets, as well as preventing corruption and illicit activities. Meanwhile, cryptocurrency funds experienced significant inflows of $1.9 billion last week, with Bitcoin and Ether leading the charge. Bitcoin alone saw inflows totaling $977 million, resulting in a four-week total of $3.9 billion. However, short-Bitcoin products struggled with $3.5 billion in outflows. Finally, Crypto.com responded to allegations of a user data leak, asserting that claims of a concealed data breach are unfounded, and highlighted their transparency in reporting data security incidents to regulators.

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