CoinDesk 20 performance update: NEAR Protocol (NEAR) gains 6.3%, leading index higher NEAR Protocol (NEAR) rose 6.3%, making it the top performer in the CoinDesk 20 and helping push the broader index higher, according to the latest CoinDesk 20 performance update. The CoinDesk 20 is a market index designed to track the performance of a…
Bitcoin’s Quantum Doomsday: 3-5 Years to Arm Up, Says Bernstein Bitcoin’s ironclad security could crack under quantum computing’s power, but Bernstein analysts warn the real danger lurks in dusty old wallets—not a total network meltdown. With 3-5 years before quantum machines get teeth, BTC holders have a narrow window to upgrade. This isn’t panic fodder;…
Iran Eyes Bitcoin Tolls on Oil Tankers in Strait of Hormuz Iran is reportedly planning to charge Bitcoin tolls on oil tankers passing through the Strait of Hormuz, slapping a $1 per barrel fee on loaded ships while letting empty ones slide free. This ties into a US-Iran deal and marks a wild pivot toward…
Bitcoin’s Quantum Doomsday: 3-5 Years to Armor Up, Says Bernstein Bitcoin’s ironclad security could crack under quantum computing’s power, but Bernstein analysts dismiss panic—giving BTC a 3-5 year runway to adapt. The real danger lurks in dusty old wallets and leaked private keys, not a network-wide apocalypse. Investors, breathe: this isn’t Armageddon, but a wake-up…
Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance Coinbax won a $20,000 prize at PitchFest during Consensus Miami, with the project recognized for its work on stablecoin compliance. The award highlights growing attention on how stablecoin activity aligns with regulatory and compliance expectations, an area that has become increasingly central as stablecoins…
Zcash Surges 30% on US-Iran Ceasefire Hype—Bull Trap Ahead? Zcash (ZEC) rocketed 30% as markets cheered a US-Iran ceasefire, leading a risk-on rally in privacy coins. But this explosive rebound mirrors shaky 2021 bear market bounces, hinting at a potential 40% plunge in weeks. Investors chasing the pump face a classic trap: euphoria masking deeper…
US Treasury’s GENIUS Act Targets Stablecoins with Harsh AML Rules US Treasury just dropped proposed rules under the GENIUS Act, forcing stablecoin issuers to build ironclad anti-money laundering (AML) and counter-terrorism financing (CFT) programs. They must now block, freeze, or reject suspicious transactions on demand. This crackdown signals Washington’s zero-tolerance for illicit finance in crypto’s…
SEC Names New Enforcement Chief as Sun Lawsuit Drama Lingers David Woodcock has been tapped as the U.S. SEC’s new enforcement chief, stepping into a hot seat amid fallout from the agency’s sudden dismissal of lawsuits against Tron founder Justin Sun and multiple crypto firms. This leadership shakeup comes as senators demand answers on why…
Kraken parent goes for the OCC charter in bid to become a federal crypto bank Kraken’s parent company is pursuing a national bank charter from the Office of the Comptroller of the Currency (OCC), a move that would position the firm to operate as a federally regulated crypto bank in the United States. The OCC…
Bitcoin’s Quantum Doomsday: 3-5 Years to Fortify Wallets Bitcoin’s ironclad security could crack under quantum computing’s rise, but Bernstein analysts downplay the panic, pegging real risks 3-5 years out and limited to dusty old wallets. This isn’t a network-killer; it’s a wake-up call for holders with exposed private keys. Investors, breathe easy—adaptation is coming, but…
Bitcoin Hits $72K Wall: Altcoins Poised to Break Out? Bitcoin’s sharp relief rally is slamming into heavy selling pressure right around $72,000, testing investor nerves after a brutal downturn. Technical charts flash bullish signals despite the resistance, hinting at more upside if BTC holds firm. The big question: will altcoins like ETH, SOL, and DOGE…
SEC Names New Enforcement Chief as Sun Lawsuit Drama Unfolds David Woodcock has been tapped as the US SEC’s new enforcement chief, stepping into a hot seat amid growing scrutiny over why the agency abruptly dropped lawsuits against Tron founder Justin Sun and multiple crypto firms. This leadership shakeup signals potential shifts in the SEC’s…
Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes Sen. Elizabeth Warren is pressing Meta to provide details about any plans involving stablecoins, as lawmakers prepare to vote on the proposed “Clarity Act.” The request puts renewed attention on how large technology platforms could enter the stablecoin market and…
Iran Eyes Bitcoin Tolls on Oil Ships in Strait of Hormuz Iran is reportedly planning to charge Bitcoin tolls on ships passing through the Strait of Hormuz, a vital chokepoint for global oil trade. Under a potential US-Iran deal, empty tankers get a free pass, but loaded vessels could face $1 per barrel fees payable…
Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss Coinbase shares moved lower after the U.S.-based crypto exchange reported a $394 million loss for the first quarter, highlighting how quickly profitability can swing for companies tied closely to crypto market activity. The result matters because Coinbase is one of the most closely watched…
Bitcoin Bulls Charge: Binance Data Signals $90K Breakout Surge Bitcoin is charging toward $90,000 as fresh Binance data reveals aggressive buyers overwhelming sellers, flipping the volume script in dramatic fashion. This shift marks a pivotal moment where retail and whale firepower could shatter recent resistance levels. For investors, it’s a clear signal of mounting conviction…
Zcash Surges 30% on US-Iran Ceasefire Hype—Bull Trap Ahead? Zcash (ZEC) rocketed 30% as markets cheered a US-Iran ceasefire, leading privacy coins in a sudden rally. But this bounce mirrors shaky 2021 bear market rebounds, hinting at a potential 40% plunge soon. Investors chasing the spike risk getting trapped in false hope amid broader crypto…
CFTC Victor Crushes Trust’s Bid to Dodge Oversight The Seventh Circuit Court of Appeals slammed the door on the Conway Family Trust’s challenge to a CFTC enforcement order, upholding fines and sanctions for trading violations in unregulated commodity interests. This ruling reinforces the Commodity Futures Trading Commission’s iron grip on even private trusts dabbling in…
Kraken Parent Payward Applies for OCC National Trust Bank Charter Payward, the parent company of crypto exchange Kraken, has applied for a national trust bank charter with the Office of the Comptroller of the Currency (OCC), according to the information provided. A national trust bank charter is a U.S. banking designation overseen by the OCC,…
Bitcoin Hits $72K Wall: Altcoins Poised to Break Free? Bitcoin’s short-lived rally to $72,000 is slamming into heavy selling pressure, testing investor nerves after a brief relief bounce. Technical indicators flash bullish signals despite the resistance, hinting at potential upside if bulls hold the line. Altcoins watch closely—could BTC’s fate ignite their next leg up,…
