Ex-prosecutor denies promising not to charge FTX executive’s partner

In recent developments, one of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals. Looking closer,…

Bitcoin for taxes? Proposed bill would let Americans pay the IRS in BTC

In recent developments, tax revenue denominated in Bitcoin would be funneled into the US strategic BTC reserve and would not trigger a taxable event for the payer. Looking closer, market…

Advocacy groups urge Trump to intervene in the Roman Storm retrial

In recent developments, already convicted of one felony charge and facing a possible retrial on two others, the Tornado Cash co-founder’s future is uncertain. Looking closer, market participants highlight key…

BitMine sits on $3.7B loss as DAT ‘Hotel California’ meets BlackRock’s …

In recent developments, bitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research. Looking closer, market participants highlight key…

MEXC taps Hacken for proof-of-reserves audits to boost transparency

In recent developments, the exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed. Looking closer, market participants highlight key drivers such as…

WLFI’s ‘community governed’ image strained as Trump-backed project free…

In recent developments, some users viewed the asset reallocation as an alarming sign of the platform’s ability to blacklist user funds without requiring a governance proposal. Looking closer, market participants…

MEXC taps Hacken for proof-of-reserves audits to boost transparency

In recent developments, the exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed. Looking closer, market participants highlight key drivers such as…

WLFI’s ‘community governed’ image strained as Trump-backed project free…

In recent developments, some users viewed the asset reallocation as an alarming sign of the platform’s ability to blacklist user funds without requiring a governance proposal. Looking closer, market participants…

Bitcoin’s drawdown shouldn’t be blamed on US shutdown or AI: Analysts

In recent developments, an onchain analyst said every time Bitcoin has seen a plunge like this, it has “allowed us to move higher.” The development has drawn attention from traders…

XRP price at risk of a 25% drop to $1.55: Here is why

In recent developments, xRP ledger activity has slumped over the past four months, increasing the downside prospects for XRP price to drop to $1.55. Looking closer, market participants highlight key…