CRYPTO
Iran crisis puts the regime’s $7.8 billion crypto shadow economy in spotlight
The government relies on this crypto infrastructure for international trade, while ordinary Iranians use it as a financial lifeline during protests and economic crises. What to know: Fresh U.S. and Israeli strikes on Iran have drawn new attention to a financial network Tehran has built in parallel to its battered […]
Bitcoin could see further downside risks as Iran attacks U.S. bases across Middle East
Tehran launched waves of missiles and drones targeting Israel, U.S. bases, and Gulf allies, with explosions reported in Dubai, Kuwait, and Bahrain. What to know: What started as an Israeli strike on Iran hours earlier has escalated into the broadest Middle Eastern military conflict in decades, posing a risk to […]
Citi and Morgan Stanley expand bitcoin and crypto custody, trading and tokenization efforts
As Citi plans to integrate Bitcoin into bank-grade custody and reporting frameworks, Morgan Stanley moves to bring crypto trading, lending exploration and tokenized products to mainstream wealth clients. What to know: Citigroup (C) plans to launch institutional bitcoin custody later this year, part of a broader push to integrate digital […]
Morgan Stanley Has Future Plans for Bitcoin Trading, Lending, and Custody
Morgan Stanley said at Strategy World that it plans to expand its digital asset offerings, including launching a native crypto custody and exchange solution. Morgan Stanley wants to expand its digital asset offerings, including a native custody and exchange solution for crypto, the firm said during a conversation at Strategy World. […]
How the Government’s War on Privacy is Backfiring in the Most Remarkable Way
From unconstitutional sanctions on mixers to the mass freezing of stablecoins, the state’s war on financial autonomy is backfiring as a new generation realizes that privacy isn’t just a right—it’s a mandatory act of digital self-defense. For decades, the ruling class has leaned on a singular, insidious phrase to gaslight […]
Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years
Brazilian lawmakers have reintroduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to acquire one million Bitcoin over five years. Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over […]
PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use. What to know: The CEO of Praetorian Group International (PGI) was sentenced to 20 years in prison in the U.S. for running a global Ponzi scheme […]
Danske Bank Opens Retail Bitcoin Access After Years of Crypto Resistance
Danske Bank now allows retail customers Bitcoin-linked ETP access, reversing years of crypto resistance amid rising demand. Denmark-based Danske Bank will now allow customers to invest in cryptocurrency-linked products tied to Bitcoin, marking a shift for Denmark’s largest lender after years of resistance to the asset class. The bank said customers using […]
Gen Z ‘nihilism’ is fueling a $100 trillion crypto derivatives boom in response to a broken system
A significant increase in housing costs makes home ownership unattainable for many Gen Z individuals, leading to financial nihilism, said CoinFund’s David Pakman. What to know: The surge in speculation driving prediction markets and leveraged bets on various sectors isn’t reckless, it’s rational, according to CoinFund managing partner David Pakman. […]
Bitcoin mining difficulty drops by most since 2021 as miners capitulate
Miners are facing significant challenges, with bitcoin revenue per petahash falling by half from a peak of $70 to $35. What to know: Bitcoin’s mining difficulty dropped by around 11%, its largest decline since China’s 2021 crackdown on the industry, after a sharp decline in hashrate triggered by plunging prices […]
