Crypto

Benjamin Pasternak faces criminal charges following an investor class action lawsuit and accusations of breaching an OTC token deal.

The KelpDAO attack left behind bad debt and frozen positions across Aave, the conditions the USDC pool has been stuck in ever since.

President Trump's administration says foreign actors are using jailbreaking techniques and fake accounts to extract American AI capabilities.

Bitcoin brought its bull market support band as a key level for BTC price action to reclaim during the weekly candle close. Bitcoin (BTC) slipped from near three-month highs on Thursday as attention turned to the weekly close. Key points: Bitcoin retraces after its latest trip to its highest levels in several months. Read more

The disgraced FTX founder's parents have reportedly pushed for a pardon from President Donald Trump behind closed doors.

Spanish police seized crypto cold wallets tied to an alleged illegal manga site, as questions remain over whether officers can access the funds. Spanish police seized two crypto cold wallets containing about 400,000 euros ($467,000) during a raid on what authorities described as the country’s largest illicit Spanish-language manga distribution platform. Police in Almería arrested three suspects and confiscated two cold wallets hidden inside a wall thermometer, seized from what authorities called the largest portal for illegal manga distribution that generated over 4 million euros ($4.6 million) over the past decade, according to Spain's Interior Ministry. The ministry said the website had offered free access to pirated manga since 2014 and generated most of its revenue through advertising. Read more

AI agents are executing transactions, forming “agentic finance.” Crypto is the financial backend for these autonomous systems. Learn use cases, risks, and what experts say.

Long-shot bets on a market tied to the daily maximum temperature in Paris have raised eyebrows—and triggered a police complaint.

The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growing role of digital dollars in illicit money flows.

Stablecoin issuer Tether said it coordinated with U.S. authorities to implement one of its largest asset freezes on record.

US Government Runs a Bitcoin Node, Admiral Confirms The post US Government Runs a Bitcoin Node, Admiral Says, But Is Not Mining BTC appeared first on Cryptonews.

Admiral Samuel Paparo appeared before the Senate Armed Services Committee on Apr. 21 for a posture review for the US Indo-Pacific Command ahead of the fiscal year 2027 defense request. Paparo reportedly disclosed that INDOPACOM is running a Bitcoin node and treating the protocol's architecture as operationally relevant for securing networks and projecting power. In […] The post US admiral who blasted crypto is now running a Bitcoin node for America’s security appeared first on CryptoSlate.

FTX Sold Cursor Stake for $200K — Now Worth $3B The post FTX Estate Sold Cursor Stake for $200K: It’s Now Worth $3 Billion appeared first on Cryptonews.

A $20 billion hit from the KelpDAO exploit highlights systemic risks, while flat ETH-denominated growth and a shift to stablecoins point to ongoing fragility in DeFi.

The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance.

The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising questions about bankruptcy asset sales. The FTX bankruptcy estate sold a 5% stake in AI coding startup Cursor for $200,000 in April 2023, missing out on roughly $3 billion after the company was valued at $60 billion in a SpaceX-linked deal this week. On Wednesday, SpaceX said it has secured the right to acquire Cursor later this year at a $60 billion valuation, or alternatively pay a $10 billion breakup fee if the transaction does not proceed. That valuation sharply revalues FTX’s earlier position in the company, which traces back to April 2022 when Alameda Research, a quantitative trading firm also founded by Sam Bankman-Fried, invested $200,000 in Anysphere, the startup behind Cursor. The investment reportedly secured about a 5% equity stake at a $4 million valuation. Read more

In future, DeFi protocols will either become unhackable…. or they will cease to exist. Both outcomes are now possible due to AI.

Strategy's software business generates revenue, but Schiff says it falls short of covering 11.5% annual dividends across STRC's issuance.

Reps. Thomas Massie and Lauren Boebert introduced the Surveillance Accountability Act, targeting legal loopholes that allow warrantless access to Americans' data.

OKX integrates BitGo off-exchange settlement for US institutions, reducing pre-funding requirements and marking a key step in its US expansion following ICE investment. Cryptocurrency exchange OKX is accelerating its push into the United States by rolling out off-exchange settlement for its US institutional clients. OKX has integrated the Off-Exchange Settlement (OES) platform by publicly listed digital asset custodian BitGo, the company said Thursday in an announcement shared with Cointelegraph. The integration enables institutional clients to trade on OKX while keeping assets secured in BitGo’s cold custody, aiming to eliminate pre-funding requirements and improve capital efficiency. Read more