SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token
The SEC has sued crypto executive Donald Basile over an alleged $16 million scheme involving false claims about an “insured” Bitcoin Latinum token.
Circle unveils USDC Bridge for native cross-chain stablecoin transfers
The USDC Bridge adds to Circle’s Cross-Chain Transfer Protocol, which often sees over $500 million worth of USDC transfers each day.
X’s new Cashtags feature drives $1B trading volume in first two days
X’s Cashtags feature has been integrated into Canadian-based online brokerage Wealthsimple, but has not yet been adopted by a US trading platform.
Worldcoin tanks 13% as World’s iris-scanning tech expands to Zoom, Docusign
Most of the integrations are aimed at fighting deepfakes as the rise of AI-generated content makes it increasingly difficult to distinguish humans from AI.
Polymarket odds of Hormuz Strait traffic normalizing by end of May spike to 73%
Traders on the Polymarket prediction market platform place the odds of the Strait returning to normal traffic by May 31, 2026, at 73%.
US Senator asks for Binance monitor update amid scrutiny of Iran sanctions
A letter from US Senator Richard Blumenthal said he was concerned about “mounting allegations of dangerously lax anti-money laundering prevention by Binance.”
Kraken’s parent company to acquire CFTC-regulated exchange Bitnomial
Payward, the parent company of the Kraken crypto exchange, cited Bitnomial’s regulatory licenses as the primary driver for the acquisition.
Crypto market liquidations hit $820M as Bitcoin price taps $78K
Nearly a billion dollars in leveraged crypto positions were liquidated in the past 24 hours as the Bitcoin price rallied above $78,000.
Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?
A confirmed cup-and-handle breakout on Ether’s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin.
French finance minister backs euro-pegged stablecoins to compete with US
The country’s finance minister supported the Qivalis initiative, launched in 2025, to create a euro-pegged stablecoin under the MiCA framework.