Author: James Wilson
Bitcoin price faced rejection near $82,000 as its recent rally lost momentum after United States President Donald Trump paused the “Project Freedom” operation amid progress in U.S.-Iran peace negotiations. Summary Bitcoin faced resistance near $82,000 after Trump paused the U.S. military’s “Project Freedom” operation amid progress in U.S.-Iran peace talks. Oil prices retreated following the announcement, with WTI crude falling below $100 per barrel, while Asian equity markets edged higher on easing geopolitical tensions. March 2026 JOLTS data exceeded expectations despite a slight decline in job openings, reinforcing expectations that U.S. interest rates could remain elevated for longer. According to…
An anonymous crypto investor sued Coinbase on Monday over funds linked to a 2024 DAI phishing theft. Summary Crypto whale claims Coinbase froze DAI tied to phishing theft but refused to return funds. Plaintiff says Inferno Drainer attack stole about $55 million in DAI after fake login page. Case could test how exchanges handle frozen crypto when victims provide ownership proof after thefts. The plaintiff claims the exchange froze traceable assets but refused to return them without a court order. The lawsuit names Coinbase and an unknown alleged thief. The plaintiff, identified as “D.B.,” claims he lost about $55 million…
Iggy Azalea is facing a class-action lawsuit in the U.S. over claims that buyers of her Solana-based MOTHER memecoin were misled about its real-world use cases, business links, and future development. Summary Iggy Azalea faces legal claims over MOTHER token utility promises and business integrations allegedly not delivered. The lawsuit says MOTHERLAND used Tether despite being promoted as powered by the MOTHER token. MOTHER’s market value dropped sharply after peaking above $136 million in June 2024. The lawsuit was filed in Manhattan federal court by plaintiff Kenneth Kolbrak on Monday. It names Azalea, whose legal name is Amethyst Amelia Kelly,…
GoMining’s GoBTC protocol promises instant authorization and on-chain Bitcoin settlement with a 0.2% merchant fee, positioning miner-run rails as a low-cost challenger to Visa and Mastercard. Summary Bitcoin mining company GoMining plans to launch GoBTC, a Bitcoin-native payments protocol built on top of its own block production, at the Consensus conference. GoBTC will offer instant authorization and settlement on the Bitcoin mainnet within a few hours, charging merchants a 0.2% fee — far below the roughly 1.5%–3.5% average for Visa and Mastercard. The company pitches the protocol as a direct challenge to incumbent card networks, using block space and mining…
Wall Street executives warned at Consensus 2026 that legacy markets built for slower trading are breaking under 24/7 crypto pressure. Summary Top executives at Consensus 2026 in Miami warned that traditional financial infrastructure was designed for human-paced, scheduled trading. Round-the-clock, machine-driven crypto activity is creating growing friction with settlement systems built for fixed market hours. The pressure is accelerating institutional demand for tokenized settlement, real-time clearing, and upgraded market infrastructure. Wall Street executives gathering at Consensus 2026 in Miami on May 5 warned that traditional financial infrastructure was not built to absorb round-the-clock, machine-driven trading. As crypto markets operate continuously…
A Fairshake poll finds 45% of Americans call crypto too risky as industry PACs deploy over $100 million into midterms. Summary A Public First poll conducted for Politico found 45% of Americans say investing in cryptocurrency is not worth the risk. The same poll found 44% say AI is developing too fast, and two-thirds want Congress to impose strict oversight on artificial intelligence. Pro-crypto PAC Fairshake and pro-AI PAC Leading the Future have together deployed over $100 million in 2026 midterm races. A Politico poll conducted by Public First in April 2026 found that 45% of Americans say investing in…
Anthropic venture with Blackstone and Goldman Sachs will deliver enterprise AI tools to private equity-backed companies. Summary Anthropic is finalising a $1.5 billion joint venture with Blackstone, Goldman Sachs, and Hellman and Friedman to serve private-equity-backed companies. The platform will deliver AI tools across finance, operations, customer service, and enterprise software to PE portfolio companies. The announcement arrived on the same day OpenAI launched a rival enterprise AI joint venture valued at $10 billion. Anthropic is close to finalising a $1.5 billion joint venture with Blackstone, Goldman Sachs, and Hellman and Friedman, targeting private-equity-backed companies as its primary deployment market.…
Crypto asset ETPs just notched a fifth straight week of inflows, lifting five-week net flows above $4B and pushing AUM near $155B despite sharp midweek outflows. Summary CoinShares’ latest weekly report shows global crypto asset ETPs recorded $117.8 million in net inflows last week, marking a fifth consecutive positive week and pushing cumulative five-week inflows above $4 billion. Total assets under management now stand near $155 billion, but flows were highly volatile: $619 million in net outflows from Monday to Thursday flipped to a $117.8 million weekly inflow thanks to a single $737 million surge on Friday. Bitcoin products led…
The Bullish acquisition of Equiniti, announced today, values the transfer agent at $4.2 billion Summary Bullish will acquire Equiniti, a transfer agent serving 3,000 major companies and 20 million shareholders, for $4.2 billion. The deal positions Bullish as the global infrastructure provider for tokenized securities at institutional scale. Equiniti’s existing shareholder registry network gives Bullish immediate reach into the ownership data that tokenized securities require. The Bullish acquisition of Equiniti, announced on May 5, positions the crypto exchange as a core piece of infrastructure for tokenized securities markets. Equiniti currently serves as a transfer agent for 3,000 major companies and…
XRP Evernorth has named Robert Kaiden, CFO of the OpenAI Foundation, to its board of directors Summary XRP Evernorth appointed OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim as independent directors. The Ripple-backed company is preparing for a Nasdaq listing under the ticker XRPN. The board additions signal XRP Evernorth is building institutional credibility ahead of its public market debut. XRP Evernorth, the Ripple-backed treasury company building an XRP-denominated balance sheet ahead of a Nasdaq listing, has appointed two senior executives to its board. Robert Kaiden, CFO of the OpenAI Foundation, and Derar Islim, COO of Antalpha, join…