Crypto Founder Abducted Uganda Ransom Demand
Mitroplus Labs founder Festo Ivaibi was abducted in Uganda and forced to transfer $500,000 in crypto at gunpoint. The firm reports 48 similar attacks. #Breaking #Security (+8) ↘
Crypto News
General category for all types of news related to the cryptocurrency world.
Crypto Warning: Arthur Hayes Predicts Correction
Arthur Hayes updates that his Maelstrom Fund is 60% $BTC and 20% $ETH, predicting Bitcoin could hit $250,000 by year-end with a potential correction. #Update #Crypto $BTC (+6) ↗
SUI Surge: Targeting $5 Milestone
@SuiNetwork’s $SUI is consolidating near $4.00, with analysts predicting a potential breakout to $5.00 if resistance is surpassed, following a recent 120% recovery. #Update #Crypto $SUI (+3) ↗
Crypto Giants to Dominate US Treasuries
Senator Bill Hagerty predicts stablecoin issuers will become the largest holders of US Treasuries, as his GENIUS Act advances in Congress to regulate stablecoin reserves. #Update #Legal (+6) ↗
Stock Market Complacency JPMorgan CEO Warns
@JPMorgan CEO Jamie Dimon warns investors are ignoring risks from tariffs, potentially leading to inflation and stagflation despite recent S&P 500 recovery. #Update #Economy (-4) ↘
Genesis Sues DCG Barry Silbert 33B
Genesis sues @DCGco and Barry Silbert for $3.3 billion, alleging financial misconduct and misappropriation of funds before bankruptcy. #Breaking #Legal (+9) ↗
Crypto Ruling Sought After Block Earner Win
The Australian Securities and Investments Commission seeks High Court approval to appeal a ruling favoring @BlockEarner over the classification of crypto yield products under financial regulations. #Update #Legal (+3) →
Russia Streamlines Digital Asset Confiscation
Russia’s Ministry of Justice is drafting a bill to define procedures for confiscating digital assets, addressing challenges posed by anonymity and decentralization. #Update #Legal (+3) →
Moody’s Downgrade Sparks 1929-Style Meltdown
Robert Kiyosaki warns the U.S. credit downgrade could trigger an economic collapse, advocating for bitcoin, gold, and silver as essential defenses against financial instability. #Update #Crypto $BTC (-4) ↘
Crypto Council Launched by NYC Mayor
New York City Mayor Eric Adams announced a new Crypto Advisory Council to boost fintech jobs and explore blockchain for public records. #Update #Crypto (+4) ↗
Libra Scandal: Milei Dissolves Investigation
Argentine President Javier Milei dissolves task force investigating his involvement in the $LIBRA meme coin scandal; criminal investigation continues. #Update #Legal $LIBRA (-3) ↘
Dune Launches Real-Time Developer Platform
@DuneAnalytics launches Sim, a multichain platform offering scalable APIs for onchain apps, integrating wallet data across 60+ blockchains. #Update #Crypto (+3) ↗
Crypto Billionaire Justin Sun Attends Trump Dinner
Crypto billionaire Justin Sun confirmed he is the top $TRUMP meme coin holder, earning him an invitation to President Trump’s gala dinner on May 22. #Update #Crypto $TRUMP (+4) ↗
Fortnite Controversy SAG Claims Violations
SAG-AFTRA filed a complaint against @EpicGames for using AI voices in Fortnite without union talks, highlighting labor issues after an AI voice incident. #Update #Legal (+3) ↘