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The PWC report arrives as a counterpunch to an increasingly loud narrative driven by AI doomers. This week, tabloids including The Sun amplified claims from Oklahoma State University professor Subhash Kak, who predicted that AI will cause a global population collapse, shrinking the planet’s population from 8 billion to 100 million by the year 2300.
The Australian Federal Police (AFP) said they had frozen $13.6 million worth of suspected criminal assets across Queensland and New South Wales. The operation allegedly exploited an armored vehicle unit to launder illicit cash under the guise of legitimate business activity.
The root of the issue wasn’t just the volatility of crypto, it was also tax timing. Mann received the ETH in January 2022, just before the broader crypto market began to plummet amid the Terra ecosystem collapse.
The Department of Justice (DOJ) did not disclose the exact value or type of cryptocurrencies seized but confirmed that the funds were used to collect illicit proceeds from transactions on the BidenCash platform.
At one level, CoinDCX is doubling down on its “Made in India” compliance narrative just as a rival quietly exits Indian jurisdiction. At another level, it’s a company restructuring leadership while increasingly focusing on markets where crypto regulation is actually functional.
In a strategic move to expand non-speculative reward strategies within decentralized finance (DeFi), STON.fi has announced the integration of Ethena…
The resolution, introduced by Bitcoin advocate Ethan Peck on behalf of the conservative think tank National Center for Public Policy Research (NCPPR), argued that Meta should allocate a portion of its $72 billion in cash and cash equivalents to Bitcoin.
The Nervos Network itself has yet to issue a formal statement, only reposting Magickbase’s alert. Meanwhile, users and observers are raising concerns about the broader implications of such breaches.
Michael Saylor, long hailed for his Bitcoin evangelism, framed BTC not only as an asset but as incorruptible, programmable digital property engineered to outperform traditional instruments.
The Solana ecosystem is getting its own Kaito-style attention tracker — the Solana mindshare leaderboard. Wallchain is set to debut…
The acquisition follows months of speculation and comes after GameStop hinted at a broader GameStop cryptocurrency investment strategy in March, when it announced plans to raise $1.3 billion through a convertible note offering.
Alpaca Finance launched in early 2021 as a leveraged yield farming platform on BNB Chain. With no venture capital backing and no pre-mine, it quickly captured the attention of DeFi users seeking amplified yield in a fast-growing ecosystem.
The raise consists of $1.5 billion in newly issued common stock and $1 billion in convertible senior secured notes. The transaction is expected to close on May 29, with crypto custody to be handled by Crypto.com and Anchorage Digital.
Aptos now becomes one of several chains where USDC is minted natively, sitting alongside larger ecosystems such as Ethereum and Solana. Native issuance means the stablecoin is created directly on the network’s ledger, rather than bridged from another chain, removing a layer of smart-contract risk for users.
The release signals a move away from chasing mass-market gamers, instead leaning into the crypto-native subculture of users who trade meme coins, mint NFTs, and live onchain.
“As projects evolve and mature, it is natural for visions to evolve, and sometimes diverge. With this in mind, I can no longer contribute to Polygon to the best of my abilities,” he wrote. “That said, I remain confident that Polygon leadership is committed to the success of the project. I’ll always be cheering from the sidelines, and supporting however and whenever I can.”
The attack, which began in the early hours of Wednesday, caused SUI’s token price to drop by over 15%, currently trading near $3.90. The exploit has raised fresh alarms over the persistent vulnerabilities facing Web3 platforms, even those built on next-gen blockchains like Sui.
The event, scheduled for Thursday, has drawn political criticism from watchdog organizations and members of Congress, including Senators Elizabeth Warren and Adam Schiff, who previously demanded a formal investigation into the nature of the gathering and its implications for U.S. national security.
During a hearing on Monday, Justices Surya Kant and N Kotiswar Singh questioned why the Centre had not yet implemented a regulatory framework, stating that unregulated crypto trading was giving rise to a “parallel under-market” capable of threatening the broader economy.
Despite Dimon’s personal stance, the announcement reflects growing institutional demand for Bitcoin, especially in the wake of the asset’s growing legitimacy and adoption among asset managers, corporates, and retail investors.
Published in a detailed blog post on Sunday, Buterin’s proposal outlines a model that would allow node operators to store only the subset of Ethereum data most relevant to them, rather than the full 1.3 terabytes (TB) of data required for operating a full node today.
Although Ukraine does not yet hold an official crypto reserve, it has already amassed significant amounts of digital assets through global donations in response to the ongoing war with Russia.
According to Benchmark Equity Research, the recent stock momentum is underpinned by strong fundamentals and favorable market positioning. The firm raised its price target for COIN to $301, up from $252, just three days after Coinbase officially became part of the S&P 500.
Over the last six months, Bullish and Gibraltar’s financial authorities have worked together to craft a regulatory framework that adapts traditional finance (TradFi) clearing regulations, such as those enforced under EMIR and Dodd-Frank, to the crypto ecosystem.
