News

Donald Trump has chosen Bo Hines, Stephen Miran, and Sriram Krishnan for roles in digital assets, economic strategy, and AI policy.

After four years of adding Bitcoin to MicroStrategy’s reserves and earning over $15 billion in profits, Michael Saylor is urging the US to adopt Bitcoin as a strategic national asset.

Two California men, Gabriel Hay (aka “Mr. Handz” and “Vaultkeeper”) and Gavin Mayo (“Gavinm”), have been indicted in what authorities call the largest NFT fraud case ever prosecuted.

Jump Trading’s crypto arm, Tai Mo Shan Ltd., has agreed to pay a $123 million fine to settle allegations by the SEC that it misled investors during TerraUSD’s collapse.

Fewer than half of all DeFi protocols targeted by hacks or exploits endure. According to Cozy Finance, a blockchain-based market offering DeFi businesses “FDIC-like” insurance, only 39% of 64 analyzed projects with over $1 million in user deposits survived post-hack.

MNNC Group, a fund with ties to Sam Bankman-Fried’s former crypto empire, has raised over $100 million, according to COO Ayesha Kiani.

Craig Wright, who has long claimed to be Bitcoin’s creator, Satoshi Nakamoto, received a one-year suspended sentence from a UK court for violating a High Court order.

The crypto space is abuzz with speculation over reports that Donald Trump may consider leveraging the U.S. Exchange Stabilization Fund (ESF) to establish a strategic Bitcoin reserve.

The crypto market continues its downward trajectory this week. Over the past 24 hours, Bitcoin has dropped 7.3% to $94,662, while Ethereum plunged 13% to $3,213. Altcoins have faced even steeper declines: Solana fell 14%, Cardano dropped 18%, and XRP, Ripple’s flagship token, tanked nearly 13%.

BlackRock has stirred unease in the Bitcoin community with a subtle yet striking line in its recent Bitcoin explainer video.