On Friday, Treasury Secretary Scott Bessent said that the US has confiscated around $1 billion worth of Iranian cryptocurrency. He also mentioned that some of the wallet owners may not even be aware that their funds has been confiscated. “I believe that we have seized about a billion dollars of their
May 30, 2026 2 mins read
On Thursday, Bitcoin (BTC) made its first move back over $72,500 in six weeks, leading to $342 million in liquidations for bullish leveraged bets. Investors are concerned that bears will maintain control ahead of the $9 billion monthly options expiration, even if there was a recovery bounce to $73,500. With $3.4
May 29, 2026 2 mins read
The founder of Ondo Finance, Nathan Allman, passed away, the firm said in a post on X on Tuesday, without saying why. The new chief executive officer is Ian De Bode, a longstanding president of Ondo who has been in charge of strategy, products, and daily operations for more than two
May 26, 2026 2 mins read
On Monday, Asian stock markets rose, which helped push Bitcoin up a little, thanks to a precipitous drop in oil prices. As of this writing, the top cryptocurrency by market cap was trading around $77,400, an increase of 0.43% over the last 24 hours, as reported by CMC. There, bitcoin
May 25, 2026 2 mins read
The US spot Bitcoin exchange-traded fund market is about to see net outflows for the year after six days of withdrawals that began on Friday. After Friday’s market loss of $105.2 million—$68.9 million for BlackRock’s iShares Bitcoin Trust (IBIT) and $36.3 million for Fidelity Wise Origin Bitcoin Fund (FBTC)—net inflows
May 25, 2026 2 mins read
Researchers at AmericanFortress™ deliver an formally proven upgrade route for the wallet infrastructure that is now in use by hundreds of millions of users. Sheridan, WY: Today, AmericanFortress™ published a cryptographic paper outlining a patent-pending post-quantum signature strategy for hierarchical deterministic wallets, which are the foundation of almost all current cryptocurrency wallets. Without
May 22, 2026 3 mins read
In order to provide customers with early market exposure to well-known private firms prior to their initial public offerings (IPOs), Binance today announced the availability of perpetual futures contracts. The new offering gives customers access to one of the most highly followed events in international markets by allowing them to take
May 21, 2026 4 mins read
Based on information from two sources familiar with the situation, cryptocurrency custody business Copper has been actively seeking a buyer for its platform, with an asking price of about $500 million. According to the sources, Cantor Fitzgerald, an investment firm based on Wall Street, has been enlisted to assist with
May 21, 2026 2 mins read
On Tuesday, South Carolina’s Governor Henry McMaster signed Senate Bill 163 into law, establishing a framework that is very favorable to cryptocurrency at the state level. The bill reads: “A political subdivision shall not change the zoning of a digital asset mining business without going through the proper notice and
May 20, 2026 2 mins read
Two prominent researchers resigned from the Ethereum Foundation on Monday, increasing the number of high-profile departures at the organization to eight in the last few months. Two Ethereum Foundation researchers, Carl Beek and Julian Ma, have left the organization after four and seven years, respectively. Beek helped develop the Beacon
May 19, 2026 2 mins read