Circle freezes $12.6M of USDC linked to privacy protocol Zama

In recent developments, the $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT. Looking closer, market participants…

Senator Lummis says China will ‘write the rules’ of the new financial era if …

In recent developments, the Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president’s desk.…

Todd, Back, Sassaman, and Finney Named Satoshi in 3 Investigations That Found…

In recent developments, three investigations. Four suspects. Zero proof. Between October 2024 and April 2026, an HBO documentary, a New York Times investigation, and a feature-length film each named a…

Florida Candidate Liquidates $800K in Bitcoin to Bankroll Congressional Bid

In recent developments, a Republican candidate jockeying to represent Florida’s 22nd Congressional District liquidated Bitcoin to help fuel his political bid. Looking closer, market participants highlight key drivers such as…

XRP ETFs Attract $12M as Bitcoin Funds Extend Outflow Streak to 10 Days

In recent developments, crypto exchange-traded fund (ETF) flows remained under pressure on Friday, May 29, as bitcoin funds posted a tenth straight day of outflows and ether funds extended their…

A16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $…

In recent developments, a wallet reportedly tied to venture giant Andreessen Horowitz (A16z) has accumulated 3.9 million HYPE worth about $192.6 million, even as one of Hyperliquid’s earliest backers sold…

Treasury Seizes $1 Billion in Iran-Linked Crypto, Scott Bessent Confirms at R…

In recent developments, the U.S. Treasury has seized approximately $1 billion in Iranian-linked cryptocurrency assets, Treasury Secretary Scott Bessent announced May 29, 2026, at the Reagan National Economic Forum in…

Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Bla…

In recent developments, circle blacklisted a publicly labeled Ethereum smart contract tied to Zama’s privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order…

SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots

In recent developments, the SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots. Looking closer,…

DeepSeek, Xiaomi Just Made Frontier AI 99% Cheaper. American Labs Went the Ot…

In recent developments, back-to-back price cuts from China’s top AI labs have made their models a fraction of the cost of GPT-5.5 and Claude Opus. Looking closer, market participants highlight…