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Shanghai court sentences five to prison over $29 million crypto forex scheme
In July 2024, Chinese authorities discovered unusual transactions tied to a company that facilitated illegal overseas…
Taiwan passes key crypto law, clearing legal uncertainty for digital asset sector
The law requires crypto platforms to obtain licenses from the Financial Supervisory Commission before operating.
Spot bitcoin ETFs record worst month since debut, shedding $4.5 billion in June
Analysts cited capital rotation amid macroeconomic uncertainty and SpaceX's historic IPO as the main drivers of the s…
Million-dollar homes, luxury bags and Lamborghinis: Florida man pleads guilty in crypto fraud scheme
A man pleaded guilty to fraud charges after prosecutors said he tricked people into the promise of making returns in …
President Trump’s financial disclosures show hundreds of millions in crypto-related income
Trump disclosed over $65 million from equity sales and $236 million in World Liberty token proceeds.
ENS co-founder Nick Johnson blocks Security Council renewal with 80% of votes
Johnson cited unaddressed concerns with the Security Council while backing an alternative proposal submitted on Tuesday.
Circle shares sink 16% after Open USD reveal, analysts say fears are ‘overblown’
William Blair reiterated its Outperform rating on Circle's CRCL stock, calling Tuesday's selloff a buying opportunity.
DeFi hacks are turning high yields into a hidden liquidity tax
DeFiLlama data shows $780.3 million in Q2 known losses as bridges, keys and protocol logic turn security into a live …
SEC opens ETF rule review following crypto fund surge, prediction markets push
The SEC is taking a fresh look at how a proposed fast-growing new class of ETFs tied to prediction markets should be …
Visa, Stripe, Coinbase and more join Open USD stablecoin that shares reserve revenue
Expected to launch later this year, Open Standard said businesses will be able to mint and redeem Open USD without fe…
OKX AI unveils marketplace for agents to find work and get paid in stablecoins
“Think Upwork for Agents with our fintech infrastructure and 150M scale in the background," an OKX rep said.
New Zcash nonprofit Sovright unveils ZEC wallet recovery tool
Argos is a recovery tool for users who had shielded funds stuck on ZEC Wallet Lite, an issue impacting some longtime …
MetaMask unveils all-in-one Money Account offerings users up to 4% APY on mUSD holdings
Consensys tapped Monad as Money Account's “home chain," and will initially use Morpho vaults to generate yield.
Sharplink buys 10,000 ETH, repurchases 2.13 million SBET shares in latest buyback
Sharplink bought 10,000 ETH and repurchased 2.13 million SBET shares after completing a $75 million capital raise.
TD Cowen slashes Strategy target to $260 on bitcoin outlook, calls new capital framework ‘constructive’
TD Cowen cut its Strategy price target to $260 from $400 on a lower bitcoin forecast, while calling its new capital f…
StarkWare unveils Starknet post-quantum roadmap, calling it crypto’s ‘strongest’ to date
StarkWare debuted a three-phase roadmap to make Starknet quantum-ready within months, according to the company.
New York Life makes first tokenized move partnering with Centrifuge on high-yield corporate bond strategy
The tokenized fund will enable eligible investors to access NYLIM’s established institutional high-yield strategy.
Hollywood director Carl Rinsch sentenced to 30 months for diverting $11 million in TV production funds to stock options, crypto and luxury purchases
"47 Ronin" director Carl Rinsch got 30 months in prison for stealing $11M meant for a Netflix show, spent on crypto a…
Will UK traders lose crypto exchange access after MiCA’s July 1 deadline?
The EU deadline is not a direct UK cutoff, but account entity and platform notices still matter. The post Will UK tra…
Trump’s Bitcoin made in America push runs into a power problem the tax bill cannot fix
Congress is moving to fix how the US tax code treats crypto mining and staking rewards, and for validators and their …
Kalshi hit with 14-day restraining order in Michigan, blocking sports prediction markets in state
Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.
Benchmark sees over 500% upside in Strategy, reiterates $570 target on new capital framework
Benchmark reiterated its Buy rating and $570 target on Strategy, citing its new active two-way capital management fra…
Self-exiled Chinese billionaire sentenced to 30 years for fraud involving crypto
Guo was arrested in 2023 for orchestrating a more than $1 billion fraud conspiracy involving cryptocurrency.
Securitize to debut on NYSE this Thursday after gaining final nod for merger
Securitize announced that shareholders of Cantor have greenlit the business combination, which is expected to close o…
Ark Invest loads up on Coinbase, Circle, Bullish, Robinhood shares as stocks rally higher
Ark bought $6.85 million worth of Coinbase, $6.21 million worth of Circle Internet Group, and $3.54 million in Bullis…
UK sets capital, market abuse rules in landmark crypto framework
The FCA finalized UK crypto rules covering capital, stablecoins and market abuse ahead of Oct. 2027 implementation.
TD Cowen says crypto market structure bill passage ‘far from assured’ before midterm election
The passage of the crypto market structure bill, or Clarity Act, before the November midterm election is "far from as…
SEC wraps up NanoBit crypto fraud case in final judgment, ordering over $5 million in fines
The SEC resolved its case against NanoBit after alleging the crypto platform lied to investors and stole their money.
Arkham launches ranking system for prediction market traders
The highest Elo-ranked trader, “GardenerCx,” has a win rate of 64.3% over 2,644 bets focused on up/down bitcoin m…
JPMorgan execs draw comparison between yield stablecoins and ‘shadow banking’
JPMorgan execs argued that stablecoin innovation can easily drift into “shadow banking” if yield payments are per…