Myanmar proposes life imprisonment for crypto scam operators
Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment...
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President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades
In brief New ethics filings show that President Donald Trump registered multiple trades of crypto-related stocks. The filings show trades for crypto exchange Coinbase (COIN),...
Bitcoin Depot filing casts doubt on company’s future amid lawsuits
Cryptocurrency ATM company Bitcoin Depot reported “substantial doubts” about the company’s ability to continue operating amid ongoing litigation and a challenging regulatory environment. In a...
Bitcoin tumbles below $79,000 as rising bond yields
Bitcoin fell to $78,600 on May 15 as bond yields surged to a 12 month high, rattling risk markets. Summary Bitcoin fell to $78,600, down...
Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets
In brief Lombard Finance is the latest firm to move its assets off LayerZero technology in favor of Chainlink. The firm conducted an internal review...
Solayer launches Visa-compatible card for USDC payments
Layer-1 blockchain developer Solayer launched a Visa-compatible payment card that allows users to spend USDC balances through in-store, online and contactless transactions. The card supports...
Connex releases $17.95 million in CONX tokens on schedule
Connex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock. Summary Connex unlocked 1.32 million CONX tokens valued...
Drake Calls for Sam Bankman-Fried's Release in New, Critically Panned Album
In brief Drake referenced imprisoned FTX founder Sam Bankman-Fried on a new song, appearing to call for his release. The lyric appeared on one of...
Bitwise launches US-listed Hyperliquid fund with staking rewards
Bitwise Asset Management has launched a US-listed investment product tied to Hyperliquid, offering investors spot exposure to the token and staking rewards linked to the...
KuCoin data flags 250 wrapped Bitcoin sale worth $20.3m
An anonymous address sold 250 wrapped Bitcoin worth $20.3 million on-chain, on-chain data showed on May 15. Summary An anonymous wallet offloaded 250 wrapped Bitcoin...