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A daily news site covering all things crypto and the decentralized web.
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DOJ Seeks Forfeiture of $3.4M in USDT Tied to Ethereum Investment Scam

Federal prosecutors in Massachusetts have moved to forfeit 3.44 million USDT linked to an alleged text-based crypto investment fraud.
Bitcoin Retreats Under $70K as IEA Weighs Historic Oil Reserve Release

Bitcoin’s drop coincides with an IEA proposal to stabilize energy markets, leaving derivatives traders paying for downside protection.
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DOJ Investigating if Iran Used Binance to Evade Sanctions: WSJ

Binance has sued the Wall Street Journal over what it termed "false and defamatory reporting" in the story published Wednesday.
Morning Minute: Bitcoin Outperforms Gold, Stocks During Iran War

Digital gold is outperforming thanks to Saylor's STRC, while Polymarket got one of the world's most powerful surveillance firms to watch its markets.
Brera Stock Plunges Amid Growing Solana Pivot as 'Solmate' Firm Dumps Soccer Teams

Shares in Solana firm Brera Holdings plunged early Wednesday after the company said it's going nearly all-in on its crypto pivot.
Mastercard Recruits Binance, Ripple and PayPal for Crypto Partner Program

Over 85 crypto industry firms have signed on for Mastercard’s new initiative, which it said will inform future products and services.
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Top Bitcoin Mining Pool Operator Foundry Is Getting Into Zcash

Foundry Digital said it plans to offer a mining pool for Zcash next month, enabling people to earn the coin using shared resources.
Justin Sun Deal Complicates SEC's Crypto Stance, Legal Experts Say

The Trump SEC appears to contend a token connected to Sun was offered as a security. The admission could complicate the regulator’s new views on crypto.
Myriad to Use USD1 on BNB Chain as Exclusive Settlement Asset

The prediction market is the first to use the USD1 stablecoin as its main settlement layer, creating a “faster, simpler” user experience.
Android Phone Crypto Wallets Could Be at Risk Due to MediaTek Exploit: Ledger

A vulnerability in some MediaTek-powered phones could allow attackers to extract encrypted data, including wallet seed phrases, using only a USB connection.
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Wells Fargo Applies for WFUSD Trademark, Signaling Use in Crypto and Stablecoins

Wells Fargo has applied for a trademark for "WFUSD" for potential use in service categories that mention crypto and stablecoins.
Microsoft Sides With Anthropic Against Trump Admin’s Supply Chain Risk Designation

Microsoft filed a court brief backing Anthropic's lawsuit against the Pentagon—a move that reveals just how much the tech giant has riding on Claude's survival.
Grammarly Disables AI 'Expert Review' After Backlash From Authors and Journalists

Grammarly said it will rethink the tool after criticism that it used real experts—including some who are deceased—without consent.
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Ripple Begins Buying Back Shares at $50 Billion Valuation: Bloomberg

The XRP-linked Ripple is buying back shares from investors and employees at a $50 billion valuation, according to a report from Bloomberg.
Most AI Chatbots Will Help a Teen Plan a Mass Shooting, Study Finds

A new study found eight of the 10 major AI chatbots helped fake teen accounts plan school shootings, assassinations, and bombings.
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Crypto Traders Turn to Hyperliquid for Oil Bets Amid Iran Volatility

Nearly $1 billion in synthetic oil futures were traded on Wednesday amid reactions to geopolitical tensions and fears of future price spikes.
Hackers Hijack Bonk.fun Domain, Deploy Wallet-Draining Phishing Prompt

Browser warnings flagged the site for suspected phishing after attackers pushed a fake TOS message designed to trick users.
SEC, CFTC Strike Pact to Coordinate Crypto Rules and Oversight

The agencies have moved to coordinate oversight, in a bid to end years of regulatory overlap on the treatment of crypto.
Metaplanet Deepens Bitcoin Strategy With $25M Investment Plan, New Venture Arm

Metaplanet is launching two subsidiaries and backing Japan's first licensed yen stablecoin as it bets on the country's digital asset infrastructure.
Bitcoin Miners ‘Sitting on a Gold Mine’ as AI Demand Ramps Up: VanEck

VanEck’s Matthew Sigel argued miners are redirecting infrastructure to AI while trading at a discount to traditional data-center peers.
Bitcoin Recovers Above $70K as Tanker Attacks Push Oil Back Over $100

Bitcoin rebounded as Gulf shipping strikes sent Brent crude past $101, with analysts split on near-term outlook.