Bitcoin price rallied above $77,000 amid cooling geopolitical tensions and record-high back-to-back closes for the S&P 500. Bitcoin (BTC) refreshed February highs on Friday as attention focused on the upcoming weekly close and a longer-term rally to $88,000. Key points: Bitcoin hits its highest levels in ten weeks as markets abandon geopolitical nerves. Read more
Neo’s proposed overhaul would restructure its foundation, return tokens to the community and impose formal oversight, as co-founders clash over governance and control. Neo co-founder Da Hongfei has proposed a sweeping overhaul of the Neo Foundation after years of deadlock with co-founder Erik Zhang left one of crypto’s oldest networks effectively paralyzed. The plan follows Neo’s first public financial disclosure since 2019, showing about $461 million in assets held across the Neo Foundation (NF) and Neo Global Development (NGD) at the end of 2025. The proposed restructuring aims to replace what Hongfei described as informal, founder-driven governance, arguing the outcome could serve as a test case for how aging blockchain networks manage large treasuries and transition away from founder control. Read more
Notable crypto execs descended on Paris Blockchain Week, bringing more attention to personal security as kidnapping and ransom attempts skyrocket. The frequency of kidnap and ransom attempts on prominent cryptocurrency executives has skyrocketed in recent years. Referred to, perhaps crudely, in the crypto community as a “$5 wrench attack,” these attempts to extract millions from crypto bigwigs have spurred politicians to mitigate risk. Policymakers in France are currently working on safeguards, including a prevention platform announced at Paris Blockchain Week yesterday. In the private sector, insurance companies are offering bespoke coverage to crypto execs, which includes awareness and prevention training. Read more