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An article in the official newspaper of China's top prosecutors' office has laid out a framework for prosecuting crypto money laundering, proposing that courts presume criminal intent when suspects use coin mixers and privacy coins, and that the state build a platform to sell off seized cryptocurrency. The piece ran in the theory section of the Procuratorate Daily, the newspaper of the Supreme People's Procuratorate, and was written by two district prosecutors in Hunan province and a university...
Pump.fun's annualized revenue has reached $344 million, funding more than $407 million in buybacks.
Apple has sued OpenAI and two former employees, accusing the ChatGPT maker of using stolen trade secrets for its consumer hardware efforts. The complaint, filed Friday in the U.S. District Court for the Northern District of California, names former Apple senior system electrical engineer Chang Liu and former iPhone and Apple Watch design executive Tang Yew Tan, along with OpenAI Foundation, OpenAI Group PBC, and io Products. Apple alleges Liu, who left the company in January after eight years, f...
Democratic senators are calling for congressional hearings into President Donald Trump’s crypto holdings after new financial disclosures revealed they generated over $1.2 billion in income for him last year. Five Senate Democrats—Elizabeth Warren (D-MA), Richard Blumenthal (D-CT), Gary Peters (D-MI), Dick Durbin (D-IL), and Ron Wyden (D-OR)—said the disclosures raised concerns about potential conflicts of interest, foreign influence, and Trump’s role in shaping crypto policy while profiting off...
SpaceX stock has slipped below $140 despite FAA clearance for Starship Flight 13, while Wall Street analysts continue to back the stock.
With almost 10X gains at current price levels, what does this whale move indicate?
The UK could unlock a £33 billion economic boost by 2035 according to a government-commissioned report calling for stablecoin-enabled settlement.
Trump urges the Senate to honor Lindsey Graham by passing the CLARITY Act as lawmakers race to approve the crypto bill.
Publicly traded Empery Digital Inc. has sold nearly half its Bitcoin treasury since early May, using the proceeds to pay down debt, prepare for an AI-related real estate acquisition, and cover mounting legal bills tied to a shareholder lawsuit, according to an SEC filing this week. The company disclosed it sold 1,400 BTC since May 7 at an average price of about $62,200 per coin, generating roughly $87.1 million in gross proceeds. Of that total, $10 million went toward retiring outstanding debt o...
Bitmine has expanded its Ethereum treasury by another 27,801 ETH, lifting its holdings above 5.77 million ETH, while Chairman Tom Lee has identified the
Decred broke its long-term downtrend as whale activity and trading volume surged despite persistent selling pressure.
President Donald Trump said Thursday he will not sign a bipartisan housing bill that includes a multi-year ban on the issuance of a U.S. central bank digital currency, or CBDC. Unless the president actively vetoes the legislation before midnight tonight, however, it will automatically become law. "I will not sign the housing bill," Trump wrote on Truth Social, calling his move a "protest" over the Senate's failure to pass the SAVE America Act, a controversial bill restricting voting rights he ha...
Days after announcing the largest restructuring in Xbox history, CEO Asha Sharma has joined a Federal Reserve task force examining how artificial intelligence and other emerging technologies could reshape jobs, productivity, and the broader economy. On Thursday, the Federal Reserve said that Sharma will serve on its Productivity and Jobs task force, which will study the economic impact of new general-purpose technologies, including AI, as part of the central bank’s approach to monetary policy....
Strategy increased its U.S. dollar reserve to $3 billion, sparking renewed debate over why it chose equity issuance instead of selling more Bitcoin.
A Bitcoin wallet inactive for seven years has moved 2,931 BTC worth about $188 million as whale transfers continue to dominate exchange inflows.
Assessing if Billions Network can continue surging despite massive on-chain selling activity.
South Korea will not repeat the crisis of 1997-98.
Stablecoins saw $7.7 billion leave the market in June.
Circle has received final approval to establish a national trust bank from the U.S. Office of the Comptroller of the Currency, a move that’s set to shift the stablecoin issuer’s operations from a patchwork of state-by-state rules to a national framework. In an announcement on Friday, the company behind crypto’s second-largest stablecoin, USDC, described the OCC’s approval as a key regulatory milestone, expected to unlock new opportunities regarding safeguarding customer assets and managing reser...
XRP Victory Day marks 3 years since Ripple’s partial U.S. SEC win, while its $125 million penalty and institutional-sales injunction remain.