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US Sanctions Sinaloa Cartel Crypto Laundering, Venezuela Shuts Down Mining Farm
Key TakeawaysOFAC sanctioned 6 people laundering Sinaloa Cartel crypto, next aiming to disrupt US illicit fentanyl flows.Venezuela dismantled 1 massive 4,000 ASIC crypto farm, saving 10,000 MW to stabilize its power grid.Entering the crypto…
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New Fed Chair Kevin Warsh Will Cut Interest Rates: Analyst
Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the “consensus” view that he will raise interest rates, according to author, Bitcoin investor and market…
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Binance Denies WSJ Report Alleging $850M in Iran-Linked Crypto Transactions
Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million in transactions tied to a sanctioned Iranian financier, which eventually flowed to Iran’s Islamic…
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DeFi Hacks Shake Institutional Confidence as Risks Outpace Yields
Security exploits are weighing on institutional appetite for decentralized finance (DeFi), even as broader crypto adoption continues through stablecoins and tokenized assets.In an April research note, JPMorgan analysts said that bridge…
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Multiple ETH Data Points Suggest Altcoin Is Good Longterm Buy: Analyst
Ether’s (ETH) long-term investment case is drawing fresh attention as Ethereum continues to lead in key areas of onchain activity and decentralized finance, despite the altcoin losing 28% of its value this year. The network still hosts…
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Casper Network Plans Quantum-Safe Keys in 2027 to Protect Tokenized Assets
Key TakeawaysCasper Association launched its Manifest on May 12 to scale the $16 trillion real-world asset market.The roadmap integrates EVM compatibility and ERC-3643 standards to bridge Web3 with traditional finance.Casper plans to ship…
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Crypto PAC Backed by Anchorage and Chainlink Announces Endorsements for 2026 Midterms
A political action committee (PAC) that claimed to “support candidates working to advance digital asset and blockchain policy in the United States” announced its picks for the 2026 election cycle, potentially influencing key races with…
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Crypto Traders Brace for $1.5B Bitcoin Options Expiry Today
The end of the week is upon us again, with another crypto options expiry event as spot markets continue to correct.
Around 20,500 Bitcoin options contracts will expire…
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EU Reviews Stablecoin Interest Ban in Potential MiCA Overhaul
The European Commission has opened a review of its landmark crypto regulation, signaling that the European Union is considering updates to its landmark digital asset framework just two years after it took effect.The commission on Wednesday…
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Map Protocol Loses 96% After Quadrillion Token Exploit
MAPO, the native token of the Map Protocol, fell 96% on Wednesday after an exploit of the Butter Network cross-chain bridge, which allowed an attacker to mint a quadrillion MAPO tokens.The malicious mint was tens of thousands of times…
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