Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new fines onto Mashinsky, who previously pleaded guilty to accusations he…

Bitcoin Decouples From Tech Stocks As AI Takes Market Lead

Key takeaways: Bitcoin’s sudden decoupling from a strong Nasdaq index highlights shifting capital flows into the AI sector. A strengthening US dollar and high Treasury yields are weighing heavily on non-yielding crypto assets. Bitcoin (BTC) faced a 7% correction after failing to reclaim the $67,200 level on Monday, triggering $330 million liquidations in bullish leveraged…

Equipment Finance Platform Trad.Fi to Bring $650M in Private Credit Onchain

US-based equipment finance platform Trad.Fi announced plans to bring up to $650 million in private credit onchain over the next 48 months.  The initiative targets one of the largest and least digitized credit markets in the US, the trillion-dollar industry funding manufacturing equipment, industrial systems and residential solar installations, according to an announcement shared with…

Ethereum Foundation Leses Co-Executive Director Amid Leadership Exodus

The Ethereum Foundation has lost another high-ranking contributor, amid increasing scrutiny of the research organization as the network faces ongoing questions about talent retention and governance philosophy. In a post on X, co-executive director Hsiao-Wei Wang announced that she had stepped down from her role, effective immediately, following a recent sabbatical. Wang wrote that “Ethereum…

CME Group Sues CFTC Over Crypto Perpetual Futures

The Chicago Mercantile Exchange (CME) Group said it was taking legal action against the US Commodity Futures Trading Commission (CFTC) over cryptocurrency perpetual futures. In a Thursday filing in the US District Court for the District of Columbia, CME filed a complaint against the CFTC and its chair Michael Selig over the agency’s regular approvals…

Bitcoin to $145K by October? This Old Post With ‘Crazy Accurate’ BTC Price Predictions Say So

A viral social media post is reviving an alleged Bitcoin prediction that appears to have called several major BTC price levels from 2019 through 2024, with one final target remaining: $145,000 by October 2026. Key takeaways: The new viral post appears to be an iteration of an older post with different Bitcoin price targets. It…

G7 Flags North Korean Cybercrime After $2B Stolen in 2025

Group of Seven (G7) leaders have renewed their call for joint action against North Korean cryptocurrency thefts and cybercrime. In a statement adopted at this week’s G7 summit in Évian-les-Bains, France, the leaders expressed “deep concern” over North Korea’s nuclear and ballistic missile programs. The United Nations and security researchers have linked North Korea’s crypto…

Bitmine Launches $300M Preferred Stock Offering for Ethereum

Ethereum treasury company Bitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, borrowing a page from Strategy’s financing playbook.  Bitmine told the SEC on Wednesday that it intends to offer 3 million of its 9.5% Series A perpetual preferred stock at $100 per share, which will trade under the symbol BMNP within…

Algorand unveils roadmap for post-quantum security by end-2027

Google, for example, has warned organizations to begin preparing for the transition to post-quantum cryptography and has been integrating quantum-safe cryptographic standards into parts of its infrastructure with a 2029 completion target. The U.S. National Institute of Standards and Technology (NIST) has been leading efforts to standardize post-quantum algorithms and has set timelines for the…

Crypto-Backed GOP Candidate Wins Alabama Senate Runoff with June Primaries Looming

More than $12 million in crypto-aligned political action committee (PAC) media buys helped propel Barry Moore to victory in Tuesday’s Alabama Republican US Senate runoff over Barry Moore. The runoff was necessary after neither candidate was able to secure a majority of the vote on May 19. Moore will be the Republican candidate for a…