Eric Trump has launched a scathing attack on traditional finance—and is warning banks that if they fail to embrace crypto, they’ll "be extinct in 10 years." Speaking to CNBC, the Trump Organization's executive vice president said modern systems used to move wealth worldwide are "broken, slow and expensive." He described SWIFT, the global network used to facilitate international payments, as an "absolute disaster." The president's son said his business regularly ends up racing to send or receive...

Coinbase is urging the U.S. Supreme Court to take up a case that could fundamentally reshape digital privacy laws in America. Though not a direct party to the case, Coinbase joined several states, Elon Musk's X (formerly known as Twitter) and a handful of privacy advocacy groups in filing an amicus brief in Harper v. O'Donnell on Wednesday morning, calling on the Court to reconsider how the so-called third-party doctrine is applied in the digital age. The doctrine, dating back to the 1970s, hold...

The price of Bitcoin fell below $95,000 on Wednesday after the U.S. Bureau of Economic Analysis said that the economy contracted at an annualized rate of 0.3% in the first quarter, underscoring recession concerns tied to U.S. President Donald Trump’s tariffs. Economists expected the U.S. economy to grow at an annualized rate of 0.3% in the three months through March; however, Wednesday’s reading represented the first quarterly decline in economic growth since the first quarter of 2022, according...

Growing stablecoin demand in volatile markets presents important implications for Bitcoin, potentially driving its price up.

A breakout could send it to $1.35—or a slip below may drag it to $0.81. Which way will WLD break?

A new survey by blockchain analytics firm Nansen and on-chain UX platform Reown has found that 62% of crypto users manage two or more wallets, up 15% from the previous year. The YouGov survey of 1,000 active crypto users in the U.S. and UK points to a fragmented crypto ecosystem, with 48% of users needing to use multiple wallets to access different networks and chains. Crypto users are also increasingly security-conscious, with 44% using multiple wallets as a security measure, up from 32.8% the...

Kazakhstan is exploring the creation of crypto banks as part of its effort to build a robust digital asset ecosystem

Crypto research and policy forum Medici Network has named former Messari executive Maartje Bus as its new president, Decrypt has learned.  The appointment comes amid rising institutional interest in digital assets—a trend that Bus, whose 25-year career spans both Wall Street and crypto, is well positioned to help Medici capitalize on. In her new role, Bus, who most recently served as vice president and head of research at crypto research firm Messari, will oversee day-to-day operations and help...

Does political backing make anything possible?

Plume, a blockchain platform purpose-built for Real World Asset Finance, has announced a strategic partnership with Soneium, the Ethereum Layer-2 network developed by Sony Block Solutions Labs

PayPal has emerged from a Securities and Exchange Commission (SEC) investigation into its stablecoin operations unscathed after nearly two years of regulatory scrutiny. The payments giant disclosed in a Wednesday filing that the SEC had informed the company in February it was “closing this inquiry without enforcement action,” effectively ending its investigation into the PayPal USD (PYUSD) stablecoin. The regulator’s subpoena to PayPal, sent in November 2023, “requested the production of documen...

Bitcoin looks ready to move—realized cap is rising, social buzz is loud, and NVT hints it’s still cheap.

Mercado Bitcoin, Brazil’s largest crypto exchange, announced on Wednesday a new partnership with Wormhole to expand the reach of its tokenized financial assets.

Speaking at the Token2049 event in Dubai, Changpeng Zhao spilled the beans on the advice he's giving to countries seeking his guidance on crypto regulation and setting up national crypto reserves.

Movement Foundation and Web3Port, two entities linked to WLFI, made a deal that resulted in a $38 million token dump.

Bo Hines, executive director of the President's Council of Advisers on Digital Assets, has laid out an ambitious set of goals for building a U.S. Bitcoin reserve in a recent interview. Hines told Bitcoin Magazine there “is definitely a sort of space race as it pertains to accumulation of this asset,” saying this is “no different than there is with gold.” Government’s now hold roughly 2.3% of the total supply of Bitcoin, according to price aggregator CoinGecko, with the U.S. slightly edging out C...

Bitcoin developers are debating a proposal that could fundamentally change what the alpha crypto and network is used for, dividing the community between those who see it as necessary progress and others who fear it threatens Bitcoin's core purpose. At issue is a technical change called "removing OP_RETURN limits." If approved, it would allow people to store much larger amounts of non-financial data directly on the Bitcoin blockchain, for use in things like text and images. The issue Currently, B...

Bitcoin Core dev Luke Dashjr called the OP_Return proposal

Bitcoin nears a breakout as whale accumulation, low supply, and network activity align bullishly.

Web3 is taking on the growing market for online freelancing, with Reactive Network backing an on-chain escrow system.