News
DOJ: 1,000 Victims Hit in $215M Scam—$1.2M in Crypto, Cash Found
Federal prosecutors secured convictions against 25 defendants in a $215 million business email compromise scheme that affected more than 1,000 victims. Authorities said cryptocurrency was among assets traced in a global fraud network spanning 47 states and 19 countries. Key Takeaways: Authorities detailed a global email fraud scheme using hacked accounts and deceptive payment requests. […]CLARITY Act stablecoin yield rules finalized: ‘Go time’ for crypto bill
Galaxy Digital head of research Alex Thorn expects the banking industry to “increase their opposition efforts” following the release of the final stablecoin yield provisions.
US Warns Hormuz Digital Asset Payments May Trigger Sanctions Risk
OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do not reduce legal risk for maritime firms, financial institutions, insurers, or counterparties. Key Takeaways: OFAC warned crypto payments tied to Hormuz transit may trigger sanctions exposure. Reports say Iran operates a crypto-based toll […]SBI Group, Visa Launch Crypto Card With up to 10% BTC, ETH, XRP Promo Rewards
Japanese giant SBI Group is bringing crypto rewards into everyday spending with a new Visa card offering that converts points into BTC, ETH, or XRP. The campaign offers rewards of up to 10% for Gold users and 2.5% for standard users. Key Takeaways: SBI and Visa launched credit cards that convert spending points into a […]Trump Says Iran Conflict Over, Nasdaq Sets Record High, Bitcoin Climbs 2.5%
President Donald Trump told Congress on Thursday that U.S. military hostilities with Iran have ended, a declaration timed to the 60-day deadline under the War Powers Resolution of 1973 that gives markets and investors a clearer geopolitical signal heading into May. Key Takeaways: Trump declared U.S.-Iran hostilities “terminated” on May 1, bypassing the War Powers […]Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield
The text released Friday blocks crypto firms from offering stablecoin yield offerings that look like bank deposits, but "bona fide" transactions are allowed.
Three Bitcoin data points suggest a rally to $80K is imminent
Bitcoin chases $80,000 as rising spot volumes and futures open interest suggest the market has shifted back in the bulls’ favor.
JPX Targets 2027 Japanese Crypto ETF Launch
Japan Exchange Group is preparing to introduce cryptocurrency ETFs as early as 2027, pending regulatory and tax reforms. The move signals Japan’s shift toward integrating digital assets into its mainstream financial system. Key Takeaways: Japan Exchange Group targets 2027 crypto ETFs pending legal and tax reforms. JPX shift mirrors U.S. bitcoin ETF success, signaling rising […]Bitcoin miner Riot's shares jump 8% after expanding AMD data center deal, signaling AI pivot
AMD’s expansion and improved financing terms highlight Riot’s shift beyond bitcoin mining and strengthen confidence in its growing data center business.
XRP sentiment hits 2-year high, but why is price stuck?
XRP social media sentiment has turned bullish following integration with Rakuten Wallet, but resistance at $1.40 could cap the upside.