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Brazil Slaps Banco Topazio With $3.2M Fine and 2-Year Crypto Trading Ban

The institution issued a ban on Banco Topazio’s ability to conduct foreign purchases and sales of cryptocurrency assets for two years after detecting irregularities in the due diligence processes for these operations. Additionally, the institution was fined $3.2 million. Central Bank of Brazil Bans Banco Topazio From Conducting Crypto Trading Operations As banks enter the […]
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Forward Industries Posts $585M Loss as Solana Treasury Swings Hit Earnings

Forward Industries posted a steep quarterly loss tied to declines in solana’s market value, even as the company expanded its SOL treasury strategy and staking operations. The firm now holds nearly 7 million SOL and is positioning itself as a long-term infrastructure player within the Solana ecosystem. Kyle Samani Backs Solana Strategy as Forward Expands […]

MTI Liquidators Face 9,441 Claims as $35.8M Estate Shrinks Before Payouts

Liquidators of Mirror Trading International, a massive South African crypto pyramid scheme, have received over 9,441 claims totaling nearly $395 million. Shrinking Assets and Rising Legal Costs Liquidators overseeing the collapse of Mirror Trading International (MTI), once described as South Africa’s largest pyramid scheme, have received 9,441 claims totaling nearly $395 million (6.5 billion rands), […]

Genesis Wallet Dormant Since 2015 Transfers 790 ETH Worth $1.78 Million

A dormant ethereum genesis address holding 790 ETH since block zero was activated on Wednesday, moving roughly $1.78 million after more than a decade of complete inactivity. Dormant Ethereum Genesis Address Moves 790 ETH Worth $1.78M After 10.8 Years of Inactivity The address, labeled on Etherscan as a “Genesis Address” and identified by the string […]

Kevin Warsh Confirmed as Fed Chair as Lawmakers Split on Independence

Kevin Warsh’s confirmation as Federal Reserve chairman drew split reactions from lawmakers over inflation, affordability, and central bank independence. The Senate confirmed him in a 54-45 vote, with only one Democrat voting in favor. Kevin Warsh Confirmation Draws Split Reaction on Fed Independence Kevin Warsh was confirmed as chairman of the Federal Reserve Board of […]

China’s Yuan Settlements Jump to $214B in March as Russia, Iran Accelerate Dollar Exit

Russia and Iran are accelerating their move away from the U.S. dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report. The Rise of the Petroyuan The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned […]

Corpay Partners BVNK to Launch Stablecoin Payments Across $12 Billion Global Network

Corpay is partnering with BVNK to integrate stablecoin wallets and settlement services into its global payments platform. The move reflects growing demand for faster, always-on cross-border payment infrastructure. BVNK Powers Corpay Stablecoin Rollout as Cross-Border Payment Demand Accelerates Corpay Inc. (NYSE: CPAY), one of the world’s largest corporate payments providers, is adding stablecoin capabilities to […]

US Banks Prepare for Tokenization Tipping Point, Moody’s Ratings Finds

Major U.S. financial institutions and market intermediaries are forming a consensus that a transition toward tokenized assets and digital money is inevitable, according to a new sector in-depth report from Moody’s Ratings. The report, published Tuesday and shared with Bitcoin.com News, highlights that while tokenized assets are currently live in the United States, their use […]

Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M

Marathon Holdings reported a challenging first quarter for 2026, characterized by a significant net loss despite strategic efforts to reduce debt and pivot toward artificial intelligence (AI). Surge in Operating Costs Digital infrastructure company Marathon Holdings attributed a decline in revenue in the first quarter of 2026 to a decrease in the U.S. dollar value […]

Will BTC Hit Six Figures? Analyzing Prediction Market Odds on Kalshi, Polymarket, Limitless, and More

The global community of speculators and digital currency enthusiasts is currently pouring millions of dollars into prediction markets to determine if and when bitcoin will clinch the elusive $150,000 price point. As of May 12, 2026, the prediction platform Polymarket has recorded a staggering $18,360,481 in total trading volume for its primary $150,000 target market. […]

CLARITY Act Vote Faces Scoring Pressure Ahead of Senate Banking Markup

Senate Banking Committee members face scorecard pressure as Stand With Crypto plans to score recorded CLARITY Act markup votes. The group says it represents more than 2.9 million U.S. advocates. Senate Banking Markup Puts CLARITY Act Scorecard in Focus Senate Banking Committee members face new scorecard pressure ahead of the May 14 CLARITY Act markup. […]

Galaxy Digital and Sharplink Launch $125 Million Institutional DeFi Yield Fund

The two companies entered into a non-binding agreement to launch a $125 million initiative that seeks to put Sharplink’s ETH treasury to work. The company stated that the funds will be deployed across onchain liquidity strategies and in support of early-stage protocols. Sharplink and Galaxy Partner To Deploy $125M DeFi Ecosystem Liquidity Fund Decentralized finance […]

South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks

The total value of virtual assets held by South Korean investors plummeted by over $41 billion in roughly one year, according to Bank of Korea data. Massive Capital Migration to Stocks The value of virtual assets held by domestic investors in South Korea has plummeted by more than $41 billion (60 trillion won) over the […]

Why CLARITY Act Matters: Grayscale Sees Next Phase for Digital Assets

Grayscale outlined why it believes the CLARITY Act matters for crypto regulation and how the bill could affect digital asset markets. The firm said the proposal could shift oversight away from enforcement-led regulation and toward clearer rules for regulators, developers and investors. Grayscale Frames CLARITY Act as a Crypto Rulebook Crypto asset manager Grayscale Investments […]

2013 Bitcoin Whale Wallet Transfers 500 BTC After 12 Years of Dormancy

With bitcoin drifting around the $82,000 mark on Sunday, several long-dormant bitcoin holders moved their stashes for the first time in years. One address created in November 2013 transferred 500 BTC this afternoon, valued at more than $40 million, into a newly established Bech32 (Segwit) bitcoin address. Nearly 900 BTC Moved From 11 Dormant Wallets […]

Michael Saylor Pushes STRC as Lower-Volatility Alternative to BTC and MSTR

Michael Saylor is laying out how STRC fits into Strategy’s broader bitcoin playbook, giving investors a clearer view of why the company sees it differently from BTC or MSTR. The message focuses on income, liquidity, and stability as the company builds out its preferred equity strategy. Saylor Frames STRC as Strategy’s Income Credit Product Strategy […]

‘Internet Pro’: Inside Iran’s Controversial New Two-Tiered Web System

Iranians are still affected by these connection restrictions, and now there’s a new way for Iranians to access the internet: a two-tier system called “Internet Pro,” that allows pre-approved users to navigate the internet with fewer restrictions, causing divisions among Iranian regime officials. Iranian Internet Blockade Continues As Government Enforces Two-Tiered System The Iranian internet […]

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Bitcoin Premium in South Korea Hits 2% for First Time Since Pre-War Market Shock

With bitcoin trading above the $80,000 threshold, bitcoin prices in South Korea have carried premiums approaching 2%, marking their highest level since late February. The move follows a choppy stretch since that period, during which both notable discounts and elevated premiums emerged across the past nine weeks. South Korea’s Kimchi Premium Returns as Bitcoin Climbs […]

Evernorth Says XRP’s Real Story Is Institutional Plumbing

Evernorth says XRP’s institutional case rests on infrastructure built for regulated capital, not price charts or ETF demand. The firm pointed to XRPL upgrades involving compliance controls, restricted environments, escrow tools, and approved trading venues. XRP’s Institutional Case Depends on Infrastructure, Evernorth Says Evernorth, an XRP treasury company building its strategy around long-term participation in […]

US Credit Card Debt Hits Record $1.33 Trillion as Savings Rate Crumbles

American consumers now owe a record $1.33 trillion in credit card debt, a new all-time high that arrives as the personal savings rate collapses and interest rates on revolving balances hover above 21%. Hard Money Advocates Take Note Total U.S. credit card debt has climbed to a new all-time high of $1.33 trillion on May […]

CME Group Targets June 1 Launch for Bitcoin Volatility Futures Pending CFTC Review

CME Group announced this week it plans to launch Bitcoin Volatility futures (BVI) on June 1, 2026, giving institutional traders their first CFTC-regulated contract to trade bitcoin’s expected price swings independently of price direction. CME’s BVI Futures Let Traders Go Long or Short Bitcoin Volatility Starting June 2026 The contracts will carry the ticker BVI […]

XRP Ledger Foundation Signals Public Collaboration Push Across Ecosystem

The XRP Ledger Foundation is moving into a more public coordination role across the XRP ecosystem, outlining a broader focus on engineering, operations, and community engagement as it expands collaboration across the XRP Ledger community. XRP Ledger Foundation Formalizes Broader Operating Structure The XRP Ledger Foundation, a nonprofit organization that contributes to, grows, and advocates […]

Tether Sues Titan Holding in Brazil to Recover $300 Million Defaulted Loan

The largest stablecoin company lent $300 million to Titan Holdings in March 2025, part of the Master conglomerate, now involved in one of the largest financial frauds in Brazilian history. The loan was made by Tether Investments, Tether’s VC arm. Tether Introduces Lawsuit to Recover $300M Borrowed to Master Conglomerate Tether has introduced a lawsuit […]

Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero

Three decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), highlighting a broader push toward different bridging standards. Three DeFi Protocols Pull Nearly $1B From Layerzero After $292M April Exploit Solv Protocol announced this week […]

Genius Sports Absorbs key iGaming Affiliates as Q2 Forecast Doubles EBITDA

Genius Sports reported first-quarter 2026 results after absorbing three of the largest iGaming and sports betting affiliate properties into its sports-data platform, with Casino.org, Casino Guru, and Covers.com now inside the company’s combined media and advertising operation following the May 1 close of the $1.2bn Legend acquisition. The London-based, NYSE-listed sports tech company beat consensus […]

Kalshi Hits $22 Billion Valuation After Massive $1 Billion Series F Funding Round

The leading prediction market closed its Series F funding round, led by Coatue, to reach institutions, which are Kalshi’s next target audience. The move comes as the company reported an astounding rise in annualized volume, going from $52 billion to $178 billion over the last six months. Kalshi Closes Series F Funding Round, Reaches $22 […]

California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries

A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in […]

Prediction Market Fight Deepens as 40 States Push Back on CFTC

A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The attorneys general said these products closely resemble traditional sportsbook wagers on winners, spreads, totals, and player statistics. States Say Sports Markets Belong Under Gambling Oversight […]

Evernorth Adding Ripple Legal Chief to Board Ahead of XRP Treasury Push

Evernorth is expanding its leadership team as it moves toward a planned public listing. The company said the strategy is designed to support institutional adoption of XRP through a regulated public-company structure. Evernorth Expands Leadership Team Evernorth Holdings Inc. announced on May 5, 2026, that it is expanding its leadership team with new board members […]
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