Law enforcement freezes $41M connected to $150M crypto Ponzi collapse
Investment group BG Wealth Sharing, a suspected $150 million crypto Ponzi scheme, has had its domain seized by law enforcement...
Month: May 2026
a16z raises $2.2B for new fund backing stablecoins, prediction markets
The crypto-focused arm of venture capital firm Andreessen Horowitz has raised $2.2 billion for its fifth fund dedicated to backing...
Anchorage launches agentic banking as CEO tips ‘trillion-dollar’ opportunity
Crypto bank Anchorage is launching a new agentic banking service, seeking to give AI agents the ability to access and...
Colombian president says Bitcoin mining could transform country’s Caribbean coast
Colombia's President Gustavo Petro said the nation’s Caribbean coast has the potential to become a Bitcoin mining hub, leveraging its...
Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues
DeFi protocol Kelp DAO said it will be migrating its restaking token, rsETH, to the Chainlink oracle platform after the...
Iggy Azalea faces class lawsuit over MOTHER memecoin
Rapper Iggy Azalea is facing a class-action lawsuit in the US, accusing her of misleading investors about the real-world utility...
Strategy could sell Bitcoin ‘just to inoculate the market’ — Michael Saylor
Strategy executive chairman Michael Saylor said his firm could sell Bitcoin to “inoculate” the market against sudden panic or to...
Bitcoin holds $81K amid flat derivatives markets: Is the rally sustainable?
Key takeaways: While Bitcoin onchain activity and derivatives show a lack of participation from traders, record spot ETF inflows point...
Banks Reject Stablecoin Yield Compromise, Demanding Stricter Crypto Limits
Key Takeaways: Rejecting the Digital Asset Market Clarity Act over a rule, banks seek to prevent deposit flights. Eleanor Terrett...
Bullish Announces $4.2B Equiniti Deal to Build Tokenized Securities Transfer Agent
Key Takeaways: Bullish plans to acquire Equiniti in a $4.2 billion stock-and-debt transaction. Equiniti brings nearly 3,000 issuer clients and...
Bitcoin’s Bull Case Hinges on Macro Conditions, Wintermute Says
Key Takeaways: Bitcoin approached $82,000 resistance but still lacks confirmation of a sustained breakout. ETF inflows reached $2.6 billion, while...
Coinbase Cuts 14% of Workforce, Targets Leaner AI-Era Model
Key Takeaways: Coinbase will reduce its workforce by about 14%, affecting roughly 700 employees. Restructuring costs are estimated at $50...
Kraken, Moneygram Expand Crypto Off-Ramps Across 100+ Countries
Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency...
Vitalik Buterin Calls Consortium Blockchains a Failure and Backs Cryptographic Server Upgrades
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding...
Trump-Linked WLFI Files Major Defamation Lawsuit Against Billionaire Justin Sun
Justin Sun called it a “meritless PR stunt.” World Liberty Financial, or WLFI called it a lawsuit. Related Reading WLFI...
