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The announced crypto freeze came just one day after Tether said it had frozen $344 million of its USDt stablecoin in response to a request from US law enforcement. US Treasury Secretary Scott Bessent announced that the department’s Office of Foreign Assets Control (OFAC) Treasury’s Office of Foreign Assets Control sanctioned several wallets tied to...
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The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc’s announcement. Bitcoin developer Paul Sztorc announced on Friday that a new hard fork of the Bitcoin network called eCash will be deployed in August. Bitcoin holders will be able to exchange their BTC for eCash at a...
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The US President has confirmed his attendance for the Florida event, but it’s unclear whether Tron founder Justin Sun, suing the Trump family’s crypto business, will appear. In a repeat of 2025, top holders of US President Donald Trump’s memecoin, Official Trump (TRUMP), will gather for a private event that many critics have described as...
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The XAUE protocol lets holders earn yield on tokenized gold through lending and trading strategies while maintaining exposure to the underlying asset. Aurelion, a Nasdaq-listed company building a Tether Gold-backed treasury, has allocated 10,000 units of the token, worth about $48 million, to a newly launched protocol designed to generate yield on tokenized gold. The...
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The Bitcoin community continues to debate whether cryptographically relevant quantum computers are imminent or decades away. Project Eleven, a quantum security research company, awarded a prize to researcher Giancarlo Lelli for using a quantum computer to break a 15-bit elliptic-curve key — a small-scale version of the same cryptography used in Bitcoin, which relies on...
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After reporting more than $1.7 million to election officials, a crypto-aligned political action committee has reportedly backed out of advertising for a Texas Senate candidate. The Fellowship political action committee (PAC), which launched claiming to have more than $100 million from crypto-aligned backers, has reportedly backed out of an advertising deal to support Texas Attorney...
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Familiar players ramp up Bitcoin and Ether bets as markets hint at a rebound, while institutions test blockchain rails and US lawmakers stall on crypto rules this week. Familiar names have been aggressively accumulating Bitcoin (BTC) and Ether (ETH), but this time, their buying comes amid early signs of a market reversal. This week, Strategy...
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Bitcoin and risk assets faced an uphill struggle after the S&P 500 hit new all-time highs as analysis warned that BTC price support was at risk. Bitcoin (BTC) stayed glued to $78,000 on Friday with markets “awaiting clarity” from the US-Iran war. Key points: Bitcoin stalls in its bid to recapture $80,000, as US stocks...
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A bullish signal from Solana’s MACD indicator hinted at a potential rally, though resistance at $90 could delay the recovery. Solana’s (SOL) MACD indicator sent a “buy” signal on its weekly chart, an occurrence that has historically preceded parabolic rallies. Key takeaways: Solana’s MACD indicator sent a “buy” signal that has led to a 100%-860%...
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Nakamoto launched a Bitcoin derivatives program with Bitwise and Kraken, aiming to generate options premiums and hedge part of its BTC treasury exposure. Nasdaq-listed Bitcoin treasury company Nakamoto announced on Friday an actively managed Bitcoin derivatives program designed to generate recurring income from volatility while hedging part of its downside exposure. Nakamoto said the program...
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