Sui Network Goes Down for Second Day in a Row

The Sui layer-1 blockchain experienced another disruption on Friday, causing a “network stall” that temporarily halted block production, before normal activity resumed, according to the Sui team. Network activity “may…

Retired Couple Loses $76,000 Life Savings To Bitcoin ATM Scam, Sues Bitcoin Depot In Federal Court

A class action filed in Idaho accuses the now-bankrupt crypto ATM operator of profiting from fraud while leaving vulnerable consumers unprotected. A retired Idaho couple has filed a federal class…

Bitcoin Approaches ‘Crucial’ Reversal Zone as $72K Gets Closer

Bitcoin (BTC) deepened six-week lows at Friday’s Wall Street open as US stock markets diverged to all-time highs. Key points: Bitcoin sinks closer to $72,000 as analysis eyes “crucial” BTC…

CFTC Cracks Open U.S. Market For Bitcoin And Crypto Perpetual Futures

The U.S. Commodity Futures Trading Commission (CFTC) has cleared the way for American traders to access one of crypto’s most important derivatives markets, approving the first true bitcoin perpetual futures…

Why is Stellar’s XLM up by Over 50% This Week?

Stellar’s native token, XLM, has rallied more than 50% this week, outperforming the broader crypto market, which has declined by nearly 5% in the same period. Key takeaways: US financial…

Texas Names Bitcoin Reserve Advisory Committee As State Eyes Direct Bitcoin Custody

Acting Texas Comptroller Kelly Hancock on Thursday announced the members of the Texas Strategic Bitcoin Reserve Advisory Committee, a newly created body tasked with guiding the state’s management, custody, and…

Strategy Preferred Stock Risk ‘Out Of Hand,’ Arca CIO Says

Strategy is facing renewed scrutiny over its preferred stock financing model as investors question whether dividend obligations could eventually pressure the company to sell some of its Bitcoin. The Strategy…

Memecoin Platform DxSale Drained for $7.3M Across 1,400 LPs

Memecoin launch platform DxSale was drained of $7.3 million in funds in a cyberattack that affected around 1,400 liquidity providers (LPs) on the BNB Chain.  The attacker’s address “0xC457” transferred…

SEC’s Hester Peirce Defends Crypto Privacy Tools Amid Surveillance Concerns

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial privacy is becoming increasingly undervalued in US regulation, warning against treating privacy-preserving technologies with suspicion. Speaking Wednesday at Georgetown…

OKX Ventures, KIS to Buy 19.6% Stake in Coinone For $106M

South Korean crypto exchange Coinone said Korea Investment & Securities (KIS) and OKX Ventures agreed to invest a combined 160 billion won ($106 million) for a 19.6% stake in the…