Eric Adams told a crypto conference that he wants to make New York City the “crypto capital of the globe” and will make policy recommendations in the coming weeks. New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it...Continue Reading

The SEC alleged thousands of investors were drawn by “fictitious promises” that Uniconi’s crypto assets were backed by real-world assets. The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC...Continue Reading

The recent vote in the Senate to move the GENIUS stablecoin framework ahead has shown glaring cracks in the Democratic coalition. US Senate Democrats are getting flak after they helped move stablecoin legislation ahead for discussion on the Senate floor. On May 19, 16 Democratic senators broke from the party line to pass a motion...Continue Reading

Strive said it is looking to acquire 75,000 Bitcoin from claims tied to Mt. Gox to buy the cryptocurrency at a discount. Vivek Ramaswamy’s Strive is looking to build its Bitcoin holdings by purchasing distressed Bitcoin claims at a discount, starting with claims tied to 75,000 Bitcoin at the bankrupt crypto exchange Mt. Gox. Strive...Continue Reading

With his reported TRUMP memecoin purchases, Tron founder Justin Sun will have spent more than $90 million on crypto ventures tied to the US president and his family. After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald...Continue Reading

Institutional investor demand and US fiscal uncertainty drive Bitcoin futures to record highs. Will BTC price follow? Key takeaways: Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors. $1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds. Read moreContinue Reading