⚖️ Former Celsius head Alex Mashinsky has filed a motion to reconsider his 12-year sentence.

In the documents, he points to connections with FTX and claims of a "hostile takeover" by the former head of Celsius, who is already serving time.

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💰 The USA has seized nearly $1 billion in Iranian crypto assets

US Treasury Secretary Scott Besant announced that the USA confiscated about $1 billion in cryptocurrency belonging to Iran. This amount is twice the figure mentioned at the end of April.

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⚖️ The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against a Texas resident, accusing him of a cryptocurrency fraud scheme totaling $12.3 million, based on fake AI trading bots.

According to the SEC, Fuller allegedly misappropriated $6.2 million for personal use and directed $5.5 million towards payments resembling a Ponzi scheme. Only 3% of the funds were used for cryptocurrency trading.

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🔒 Gravity Bridge has paused operations due to a security threat

The Cosmos-based bridge was disabled after approximately $5.4 million was reported stolen due to an alleged compromise of the signing key. Following the incident, validators decided to suspend the bridge's operations until the investigation is complete.

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📉 Bitcoin is preparing for a 3% decline at the end of May, but the PMI data from the US could drive BTC prices up next week.

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💥 Bitcoin continues to face pressure amid instability in Iran, with the price dropping below $72,000.

U.S. President Donald Trump urged observers to "relax" in the absence of a ceasefire, creating uncertainty in the market.

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💼 Michael Saylor's strategy has significantly changed since the last sale of bitcoins three and a half years ago.

Now his approach has become more sophisticated, transforming the company into a multifunctional bitcoin financing machine. This change highlights the adaptation to new market conditions and the opportunities that arise for investors.

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📉 Bitcoin has fallen to a seven-week low below $71,000 amid waning hopes for a peaceful agreement between the US and Iran.

The rise in oil prices has also put pressure on the cryptocurrency market.

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💳 Crossmint is launching a new API that allows AI agents to make purchases using Visa cards!

Now autonomous software can use tokenized credentials and manage expenses, significantly expanding payment capabilities for automated commerce.

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🔒 Executives of major banks claim that DeFi won't be able to compete with traditional banks until it solves the security issue.

Banks are showing interest in blockchain back-office applications, however, current security problems hinder the wider adoption of DeFi technologies.

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🔍 Bitcoin is reminding us of itself again, repeating the scenario of the bear market in 2022!

Traders are warning of a potential break of the key support line for BTC price, which could signal the continuation of the bearish trend. The history of 2022 seems to be repeating almost perfectly.

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