US Treasury Sanctions Iran’s Nobitex Crypto Exchange

The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off…

Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes

Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have…

New York and EU Regulators Unite to Oversee Stablecoins

​The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding to police cross-border stablecoin activities.  The EBA said on Tuesday…

Crypto Turns Contrarian Bet as AI Stocks Dominate

Crypto is turning into a “contrarian bet” as institutional investors are being drawn to artificial intelligence stocks, says Bitwise chief investment officer Matt Hougan. “The crypto market is brutal right…

Humanoid Robots Remain Years Away From Replacing Human Workers

Modern artificial intelligence-powered robots are impressive in their capabilities, but are still years away from replacing humans as they can’t yet adapt to changing conditions, researchers say.  Last month, AI…

Strive Buys $185M In Bitcoin, Holdings Hit 19,000 BTC

Strive, Inc. moved on weakness in bitcoin’s price, acquiring 2,500 BTC for roughly $185.2 million at an average of $74,092 per coin. The purchase, disclosed via an SEC Form 8-K…

Cardano’s TapTools Winds Down After Losing 5 Execs

TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable.  TapTools said in a post to…

U.S. Treasury Sanctions Iran’s Largest Crypto Exchange In Sweeping Economic Warfare Push

The U.S. Department of the Treasury’s Office of Foreign Assets Control designated Nobitex, Iran’s largest digital asset exchange, and three other Iranian crypto platforms on Tuesday, marking the Trump administration’s…

UK Lords Warn BoE on Strict GBP Stablecoin Rules

The United Kingdom should press ahead with stablecoin regulation but avoid rules that make a pound sterling stablecoin market commercially unworkable, a House of Lords committee warned in a report…

Bitcoin Stocks, Led By Strategy (MSTR), Take A Beating As BTC Price Sells Off

Bitcoin fell into the mid-$67,000s on Tuesday, dragging the entire ecosystem of crypto-linked equities with it. Bitcoin shed more than 11% over the past week, crashing below $67,000 for the…