Top Stories of The WeekNew SEC chair will be good for Bitcoin Michael SaylorMichael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for new US Securities and Exchange Commission (SEC) Chair Paul Atkins.In an April 23 X post, Saylor wrote that SEC
North Korean hackers have set up businesses in the United States, exposing clients to their websites and infecting their computers with crypto-stealing malware. The fake companies were registered under business names and even had rental properties associated with their registration. Three businesses
Bitcoin has reclaimed the $90,000 mark, fueling renewed optimism across the crypto market. With sentiment shifting and bullish calls returning, many investors are once again eyeing a move toward six figures. However, not everything is as it seems beneath the surface. Despite the impressive price sur
North Korean hackers reportedly established seemingly legitimate companies on U.S. soil to infiltrate the crypto sector, targeting unsuspecting developers through fake job offers. With legal registrations, corporate fronts, and social engineering, the attackers concealed their true identities behind
Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed the business that created those assets.In a proposed class action filed in Brooklyn, New York
The so-called MSTR of Solana, DeFi Development Company (ticker JNVR) has filed a $1 billion shelf offering with the U.S. Securities and Exchange Commission, according to a filing on Friday. A shelf offering, also known as a shelf registration, allows a company to register a new securities issuance w
Recent months have seen the ebb and flow of a certain pattern: US President Donald Trump will take some objectively harmful action to the US economy, and the markets will crash. Seeing this, Trump turns to Jerome Powell, chair of the Federal Reserve, and demands he lower the Fed Funds Rate — the rat
Engines of Fury's Season 1 Launch could impact FURY's price due to increased user engagement. This game, built by a reputable AAA team, draws in gaming enthusiasts and crypto investors. Increased gameplay activity can drive demand for the FURY token, as players may need it for in-game purchases or r
Payments giant Stripe is building a new stablecoin-based product, according to several social media posts. The product will be built using Bridge, the stablecoin services unit Stripe acquired in October 2024 for $1.1 billion."We've wanted to build this product for around a decade, and it's now happe
Bitcoin is trading over $95,000 per coin mark this afternoon, continuing this week's strength as the U.S. showed signs of being willing to negotiate to significantly cut the tariffs placed on China and other nations. In an interview with Time, Trump indicated that he is still a proponent of tariffs
What is a Bitcoin flash crash? A Bitcoin flash crash is a sudden, sharp plunge in the market price of BTC that only lasts a short period of time before prices start to normalize. The appearance of unique market conditions causes a jolt in the leading cryptocurrency’s market price. Typically, the r
A high court in Nigeria has reportedly granted the country’s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange.According to an April 24 report from Nigerian news outlet The Cable, the F
SUI is leading the crypto market with a 56% surge over the past seven days, reigniting bullish sentiment toward the token. Amid its price recovery, some analysts suggested that the cryptocurrency is about to start a massive rally toward new highs.SUI Reclaims $3 Amid BreakoutOn Thursday, SUI, one of
The bitcoin price stood firm on Friday after 76,709 options contracts with an estimated notional value of $7.2 billion expired. BTC changed hands for $94,500 following the event — up 2% from Thursday’s dip to $92,000 — according to The Block’s price page.Options are a derivative that allows buyers t
As the Russian government is considering a ban on cash-to-cryptocurrency transactions, some major local crypto exchange platforms have experienced police raids.Mosca, a crypto-to-cash exchange located in the Moscow International Business Center, was raided on April 23 in connection with fraud by one
More than 19,800 CloneX digital avatars developed by non-fungible token firm RTFKT Studios have reappeared after Cloudflare blacked out the NFTs for apparently violating its terms of service.“This content has been restricted. Using Cloudflare’s basic service in this manner is a violation of the Term
The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits, following strong opposition from residents.According to local reports, the decision came after weeks of community pushback, where citizens voiced concer
By Elsa OhlenBitcoin and other cryptocurrencies were little changed early Friday as traders attempted to predict where the value of digital assets were going next.The world's largest crypto, Bitcoin, is up a modest 1.6% in past 24 hours to last trade at $93,617, according to CoinDesk data. It had a
The U.S. Securities and Exchange Commission has filed a joint stipulation with blockchain tech firm Dragonchain to dismiss the lawsuit the agency filed against the firm. The filing, submitted Thursday, cited the launch of the agency's Crypto Task Force in explaining the joint decision to drop the li
Sam “SBF” Bankman-Fried, the disgraced co-founder of collapsed cryptocurrency exchange FTX, to a low-security US federal correctional institutionBankman-Fried was moved to the low-security Terminal Island federal correctional institution. Previously, he was located at the Victorville medium-security