My Big Coin Ordered To Pay $26M In Fines To CTFC

The alleged operators of My Big Coin have been ordered to pay around $25.8 million in fines to the Commodity Futures Trading Commission for their roles in the crypto scheme. The CFTC said on Wednesday that a Massachusetts federal court judge entered a default judgment ordering My Big Coin Pay, Inc., My Big Coin, Inc.,…

Bitcoin Price Slides As Israel Launches Airstrikes On Iran

Bitcoin has tumbled closer to the psychologically important $100,000 price level, dashing traders’ hopes of a new all-time high after Israel launched a series of airstrikes on Iran. Explosions reportedly rocked Iran’s capital of Tehran at 22:50 UTC on Thursday before Israel claimed responsibility for the attacks, which saw Bitcoin (BTC) drop 2.8% from $106,042…

Darknet Marketplace Haowang Still Up And Growing

Major darknet marketplace Huione is reportedly still operating and growing, despite the shutdown of its website and Telegram channels.  Haowang Guarantee, formerly Huione Guarantee, said on May 13 that it was shutting down after the Telegram messaging service banned thousands of its associated accounts and channels. However, Chainalysis said in a report on Thursday that…

Sharplink Gaming Shares Plunge Amid Looming Ether Buy

Shares in sports betting platform Sharplink Gaming tumbled 73% in after-hours trading on Thursday after filing to register a large volume of shares for potential resale as the firm is soon to bet big on Ether. However, Sharplink Gaming chairman Joseph Lubin, who is also CEO of blockchain software firm Consensys, said that market watchers…

CFTC’s Pham Warns It Won’t Tolerate Crypto Lawbreakers

The Trump administration’s more relaxed attitude to crypto doesn’t mean the Commodity Futures Trading Commission will give the industry an easy ride, says the agency’s acting chair, Caroline Pham. “There is no easy street for anybody, and regulators aren’t easy,” Pham told Yahoo Finance at the Coinbase Annual Summit on Thursday. “Just because we are…

SOL Rally To $200 Possible As ETF Approval Odds Rise

Key takeaways: SOL’s futures open interest surged to a 2-year high, reflecting growing institutional interest. Rising competition from other blockchains and neutral funding rates continue to dampen SOL’s bullish momentum. Solana’s SOL (SOL) failed to hold its bullish momentum after gaining 10% between Monday and Thursday. The cryptocurrency has shown weakness after testing the $180…

SOL Rally To $200 Possible As ETF Approval Odds Rise

Key takeaways: SOL’s futures open interest surged to a 2-year high, reflecting growing institutional interest. Rising competition from other blockchains and neutral funding rates continue to dampen SOL’s bullish momentum. Solana’s SOL (SOL) failed to hold its bullish momentum after gaining 10% between Monday and Thursday. The cryptocurrency has shown weakness after testing the $180…

Bitcoin May Shine If US Debt Climbs And Inflation Spikes

Key takeaways: President Trump’s One Big Beautiful Bill could add over $2.4 trillion to the US debt, accelerating a looming debt crisis and spiking inflation. Inflation and dollar devaluation remain the path of least resistance in the US economy, eroding the real value of cash and bonds. Bitcoin can offer a hedge, but only if…

Tencent exploring MapleStory developer Nexon acquisition

Tencent, a Chinese technology and holding company with a global footprint, is reportedly exploring the possibility of acquiring game developer and publisher Nexon. Representatives from the tech company contacted the family of Nexon founder Kim Jung-ju to explore a potential deal, but no concrete terms have been reached and a deal is not guaranteed, according…

Bitcoin Price (BTC) News: Late Thursday Selloff

Cryptocurrencies were broadly lower on Thursday, with the selloff picking up steam in the early U.S. evening hours. Bitcoin slipped more than 2.5% over the past 24 hours to $105,900, but the declines were far steeper in altcoins, with ether , solana , XRP and dogecoin among those tokens sporting 5%-7% drops. Risk assets in…