Coinbase urges Supreme Court to block IRS crypto data grab to preserve constitutional privacy
Coinbase has filed an amicus brief with the US Supreme Court supporting a constitutional challenge to the Internal Revenue Service’s (IRS) broad collection of cryptocurrency user data, arguing it violates…
ZachXBT tracks $330M Bitcoin stolen in social engineering scam from elderly American
Blockchain sleuth ZachXBT revealed that the victim of the recent theft of $330 million in Bitcoin (BTC) was an elderly American citizen who was targeted by a social engineering attack.…
Crypto prediction markets reflect rising recession odds amid US economic contraction
Crypto prediction markets are signaling growing expectations of a U.S. recession this year after fresh economic data showed the economy contracted in the first quarter of 2025. According to the…
FIFA moves towards its own blockchain, leaving Algorand behind
FIFA, the international football governing body, is taking a significant step in its Web3 journey by announcing a new blockchain network compatible with the Ethereum Virtual Machine (EVM). The update,…
Crypto token failures skyrocket to nearly 2 million in Q1 2025
The crypto market experienced a dramatic surge in failed tokens during the first quarter of 2025, with nearly 2 million digital assets collapsing. According to a CoinGecko report, over 1.8…
Ton Foundation launches $500M Telegram RWA bond fund with Libre
The Open Network (TON) Foundation has partnered with Libre, a decentralized infrastructure firm specializing in real-world assets (RWAs), to introduce a $500 million tokenized bond fund tied to Telegram. An…
Is crypto losing its soul?
Crypto was born from an open-source ethos, where code was shared publicly, accessible for review and shaped by community contributions. Transparency and verifiability are foundational principles that enable trust in…
US GDP for Q1 2025 falls by 0.3% creating stagflation worries as Bitcoin trades flat on news
US GDP contracted at an annual rate of 0.3% in the first quarter, the Commerce Department said in its advance estimate today. Real final sales to private domestic purchasers, a…
Bitcoin expected to beat stalling US GDP growth trend as Q1 data is released later today
At 08:30 ET today, the Bureau of Economic Analysis is set to release its advance estimate for US Q1 GDP, with consensus expectations at a 0.3% seasonally adjusted annual rate.…
BlackRock unveils blockchain-enabled shares for $150B money market fund
BlackRock, the world’s largest asset manager, has made additional moves to incorporate blockchain technology into its traditional finance operations. According to an April 28 filing with the US Securities and…