Whales Withdraw $108M Amid Market Selloff
HYPE trades above $60 amid market selloff as institutional investors withdraw over $108M from exchanges, staking tokens to network validators. #Breaking #Crypto #HYPE
Crypto News
General category for all types of news related to the cryptocurrency world.
Bank Blames Elderly Customers After $39950 Disappears
A former bank teller, Hailee T. Ray, stole $39,950 from elderly customers at Herring Bank in Texas and falsely blamed them. She pleaded guilty to theft and exploitation charges. #Update #Legal @FDIC
Crypto Billionaires Fund Nigel Farage’s Party
Nigel Farage’s Reform UK raised £7 million ($9.4 million) from crypto billionaires Christopher Harborne and Ben Delo, outpacing other parties; Reform UK advocates for pro-crypto policies. #Update #Crypto $BTC
Lottery Winning Method Cracks 14 Jackpots
Stefan Mandel’s lottery strategy, successful in 1992, is now obsolete due to tightened regulations and increased odds. His legacy influences quantitative finance and crypto strategies. #Update #Crypto
AI Poised for Autonomous Intelligence Breakthrough
@Anthropic warns AI development is accelerating, potentially allowing agents to improve independently. They suggest a slowdown to address implications, as AI models now author 80% of code. #Update #AI
Spacecoin Launches $100M Vietnam Partnership
Spacecoin has signed a 3-year exclusive MOU with DETI to expand satellite, blockchain, and Edge AI services in Vietnam, targeting $100M+ annual revenue. #Update #Crypto
Pix Faces US Trade Restrictions
The U.S. Trade Representative claims Brazil’s Pix system restricts U.S. commerce, prompting potential 25% tariffs. Lula defends Pix, citing its April 7 billion transactions. #Breaking #Legal
JPMorgan Launches Tokenized Deposit Network
JPMorgan, Citi, BofA, and Wells Fargo plan a tokenized deposit network by 2027 via The Clearing House. JPM Coin runs on Coinbase’s Base. #Update #Crypto
Crypto Trust Charter Faces Democratic Pressure
@OCCgov Comptroller Jonathan Gould denies political pressure regarding the national trust charter application from World Liberty Financial, linked to the Trump family, amid scrutiny from lawmakers. #Update #Crypto $BTC
AI Develops AI: Humans Lag Behind
Anthropic’s AI, Claude, now authors over 80% of its codebase, significantly boosting code output since 2024. The company explores AI’s potential for recursive self-improvement. #Update #AI
World Cup Sports Trading Surges with $5M Beta
@Pred launched public access on Base, targeting the 2026 FIFA World Cup with a peer-to-peer sports exchange offering 200ms USDC settlements and live micro-markets for ongoing sports volume. #Update #Crypto
Cryptocurrency Targeted as Russia Pursues Teen
Political activist Bill Browder claims his son, a British teenager, is the first high school student sanctioned by an authoritarian regime over allegations regarding the ruble-pegged stablecoin A7A5. #Update #Legal
Congressman Adds Prediction Markets to Bill
Rep. Bryan Steil plans to include prediction markets like Polymarket and Kalshi in the congressional stock ban bill, targeting insider trading concerns. #Update #Legal
Crypto Clarity Act Advances Amid Bad-Actor Concerns
The U.S. Senate’s Digital Asset Market Clarity Act faces challenges as bipartisan support wanes, with law enforcement groups hesitant; urgency grows for passage before midterm elections. #Update #Crypto $BTC