Joseph Rees

Trump Says Iran Conflict Over, Nasdaq Sets Record High, Bitcoin Climbs 2.5%

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…

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Digital Asset Security Moves Beyond Keys as Bitgo Adds 5-Layer Checks

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…

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Brazil Bans Crypto in Cross-Border Payments

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…

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Bitcoin Miner Riot Platforms Offloads Another 500 BTC to NYDIG, Extending Sell Streak

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…

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France Drops Self-Custody Reporting Mandate

Key Takeaways: The French National Assembly axed an article requiring users to report self-custody crypto wallets over €5,000. Adan celebrated this win, which protects users in France, a nation suffering 40% of Europe’s wrench attacks. Scrapping the €5,000 reporting rule avoids future attacks fueled by leaked tax data, notes Telegram’s CEO. French National Assembly Drops…

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Silence Labs Launches Quantum-Safe Vault to Secure Crypto Custody

Key Takeaways: Silence Laboratories launched a quantum-safe vault using NIST’s 2024 ML-DSA standard. Bitgo and Infosys join early tests, signaling rising institutional focus on quantum risk. Silence Labs targets gradual adoption, with MPC upgrades to prep crypto for future threats. Infosys Backs Silence Labs Vault as Firms Test Quantum-Resistant Custody Model Silence Laboratories has introduced…

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