Key Takeaways: Authorities detailed a global email fraud scheme using hacked accounts and deceptive payment requests. Losses totaled $215 million, routed through shell companies, banks, and cashier’s checks. Next steps include sentencing decisions based on each defendant’s role and conduct. Global Email Fraud Network Reached Thousands Of Victims The U.S. Department of Justice (DOJ) announced…
From Hyperliquid to Ripple, from Canada to Malaysia, here are the crypto news you may have missed this week. Market Analysis & Exchange Data Hyperliquid Tests HIP-4 for Onchain Prediction Markets Decentralized exchange Hyperliquid is making a major play for the prediction market space with its new HIP-4 initiative. Reported by Bloomberg, the proposal enables…
Key Takeaways: SBI and Visa launched credit cards that convert spending points into a user-selected cryptocurrency ( BTC, ETH, or XRP). Gold users can earn up to 10%, while standard users can receive up to 2.5% through a limited-time launch campaign. Campaign rewards depend on spending through Aug. 5, with point caps applied to both…
Key Takeaways: Trump declared U.S.-Iran hostilities “terminated” on May 1, bypassing the War Powers Resolution’s 60-day authorization deadline. Bitcoin climbed 2.52% near $79,000 earlier today, now at $78,311 per coin, as the Nasdaq hit a record above 25,000 on strong earnings and easing oil prices. Iran’s latest nuclear deal proposal, delivered via Pakistani mediators, was…
Key Takeaways: Bitcoin ETFs saw $14.76M inflows as Blackrock IBIT added $26.61M after a 3-day slump. Ether ETFs lost $23.64M, led by Blackrock ETHA’s $50.57M outflow in 4th straight drop. XRP and Solana ETFs lost $5.83M and $1.24M, respectively, with potential for inflows only returning if bitcoin rebound holds. Investors Trade $340M in Ether ETFs…
Key Takeaways: Bitcoin surged over $2,000 on May 1 to test $79,000 resistance after a 13% gain in April. Bitcoin’s jump triggered $120 million in short liquidations as market cap hit $1.57 trillion. Analysts warn that Federal Reserve policy shifts may trigger volatility in high-value assets. Geopolitical Friction After ending April with gains exceeding 13%,…
Key Takeaways: Bitgo introduced five security layers for institutional digital asset transactions. Controls address deepfakes, API spoofing, address manipulation, and withdrawal risks. Institutions can add approvals, address restrictions, and velocity limits. Bitgo Adds 5-Layer Security Model to Stop Crypto Transaction Manipulation Digital asset security is moving beyond private keys. Bitgo Holdings Inc. (NYSE: BTGO) announced…
Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System Key Takeaways: On April 30, the Central Bank of Brazil issued Resolution 561, banning crypto in cross-border payments. Analyst Victor Alfa notes this 2025-reviewed ban forces firms to abandon on-chain efficiency for fiat. Taking effect on October 1, the…
Key Takeaways: Justin Sun identifies crypto cards as the “next evolution,” capitalizing on a $310 billion stablecoin market that has moved from speculation to real-world utility. Tron hosts more USDT in circulation than any other chain, giving it a direct stake in the crypto card distribution race. Crypto card volumes grew to rival peer-to-peer stablecoin…
Key Takeaways: Riot deposited 500 BTC worth $38.24M to NYDIG, extending its sustained 2026 sell streak. The move adds persistent supply pressure from one of the largest publicly listed bitcoin miners globally. Analysts are watching whether sustained miner liquidation will cap BTC price gains heading into Q2 2026. Offloading continues Onchain data confirms the latest…
