CRYPTO
The War on Crypto Was Always About Control
The U.S. Treasury has now frozen $344 million in cryptocurrency tied to Iran, according to Treasury Secretary Scott Bessent, who announced sanctions targeting multiple digital wallets allegedly connected to Tehran. Most people will view this story narrowly through the lens of sanctions on Iran or Middle East politics. The larger […]
Strategy posts $12.54 billion Q1 loss on declining bitcoin price
The price of bitcoin fell from about $87,000 to $68,000 during the first three months of 2026. What to know: Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy (MSTR) reported a net loss of $12.54 billion in the first quarter of 2026, as bitcoin fell from around $87,000 […]
DeFi can freeze stolen funds, but not everyone agrees it should
Crypto faces backlash for freezing stolen funds and for doing nothing, with expectations pulling in opposite directions. Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back. A recent intervention on Arbitrum saw attacker-linked assets frozen after a major exploit, while some stablecoin […]
Prediction markets are ditching the ‘casino’ label to become a regular part of how people track the news
A new report from Bitget and Polymarket reveals that prediction markets are evolving into a $240 billion industry driven by retail users who are trading more frequently on everything from crypto to politics. What to know: Prediction markets are shifting from one-off bets tied to major events into platforms driven […]
The long con: How North Korean spies spent months in-person to drain $285 million from Drift
The security intelligence research firm said North Korean-state-backed hackers account for 76% of all crypto scam and hack losses in 2026 and have stolen $6 billion since 2017. What to know: North Korean government-backed hackers are becoming more sophisticated, more precise and now account for more than 76% or nearly […]
Morgan Stanley Executive on Bitcoin: ‘We Are Still So Early on This Journey’
Amy Oldenburg, head of digital assets at Morgan Stanley, says client education — not product design — is the central challenge facing bitcoin adoption at the firm and across the industry. Morgan Stanley launched its bitcoin exchange-traded product, the Morgan Stanley Bitcoin Trust (MSBT), into a market it believes is […]
The $292M crypto hack exposed DeFi’s weak spots. Here’s what must change, insiders say
As Wall Street moves onchain, the year’s biggest crypto hack and DeFi crisis is forcing a rethink of risk, security and market structure, industry insiders told CoinDesk. What to know: The $292 million exploit of Kelp DAO and the subsequent fallout across crypto lending markets hit decentralized finance (DeFi) at […]
US seized $500M in Iranian crypto assets, Treasury secretary says
Treasury Secretary Scott Bessent said the US has seized nearly $500 million in Iranian crypto assets, surpassing the previously reported $344 million freeze. The United States has seized nearly $500 million in Iranian cryptocurrency assets as part of a sweeping economic pressure campaign against Tehran, Treasury Secretary Scott Bessent said […]
Strike CEO Jack Mallers Announces Lending Proof-of-Reserves, Volatility-Proof Loans, and Backs Tether Merger Plan
Strike CEO Jack Mallers announced a series of product updates and strategic moves at the Bitcoin 2026 Conference. Strike CEO Jack Mallers announced a series of product updates and strategic moves Wednesday, including the launch of lending proof-of-reserves, a new “volatility-proof” bitcoin-backed loan structure built with Tether, and a $2.1 […]
‘Bitcoin Isn’t Going Anywhere’: Trump Officials Discuss DOJ, FBI Refocus on Crypto Crime, Not Developers
At the Bitcoin 2026 Conference, Acting Attorney General Todd Blanche and FBI Director Kash Patel outlined a shift in the U.S. government’s approach to digital assets like Bitcoin. Acting Attorney General Todd Blanche and FBI Director Kash Patel used a Bitcoin 2026 Conference panel to signal a shift in how the U.S. government approaches […]
