In brief Director Carl Rinsch was sentenced Monday to 30 months in prison for defrauding Netflix of $11 million meant to finish a sci-fi series he never delivered. Rinsch lost millions on stock options, then turned the remaining $4 million into nearly $27 million on a Dogecoin bet, prosecutors said. He spent the windfall on…
Key Takeaways CZ, who owns much of Binance, ruled out returning as CEO in a recent interview, saying “anything could happen” later. Zhao stepped down in November 2023 after a US plea deal and served four months in prison. CZ is now advising about a dozen governments on crypto policy while mentoring BNB Chain founders….
Key Takeaways Jamie Dimon called the bull market a “little tsunami” at a June 21 Council on Foreign Relations event. He cited $700 billion in AI spending, 4.3% unemployment, and 2% GDP growth as near-term supports. Dimon flagged Ukraine, Iran, Russia, and China tensions as underpriced longer-term risks. A Warning Wrapped in a Metaphor Speaking…
In brief Bitcoin fell to its lowest point in 21 months, dragging down leading altcoins and crypto stocks with it. The weakness appears to be linked to a risk-off move in semiconductor and AI stocks, analysts said. As XRP fell, it risked slipping below $1 for the first time since just after President Trump’s reelection….
Caterpillar stock has been a top performer. A bull call spread is a lower risk way to capitalize on the stock’s relative strength. Source link
Ondo Finance is adding shareholder voting rights to its tokenized stocks and exchange-traded funds (ETFs) through a partnership with financial infrastructure provider Broadridge, addressing one of the key limitations of blockchain-based securities. The companies announced Thursday that holders of more than 250 tokenized securities issued through Ondo will be able to participate in proxy voting…
SEC Commissioner Hester Peirce said on the Searching for Mana podcast that she expects the CLARITY Act to pass the full Senate this summer, adding an authoritative internal voice to a timeline the market has treated as optimistic but far from guaranteed. The bill cleared the House on a 294–134 bipartisan vote in July 2025…
ISIS-K, the Islamic State affiliate active across Afghanistan, Pakistan, and parts of Central Asia, had USDT balances frozen on 131 TRON addresses after an OFAC sanctions update, creating an enforcement test for stablecoins. Once public-chain intelligence, a sanctions list, and issuer controls were in place, Tether could freeze the balances within its own token system….
According to the Bureau of Labor Statistics, nonfarm payrolls in June increased by a seasonally adjusted 57,000. Analysts expected an addition of 115,000 payrolls during the month, according to Dow Jones data cited by MarketWatch. The unemployment rate also came in below expectations, at 4.2%, compared to an expected 4.3%. Following the jobs report, the…
Key Takeaways Anchorage Digital integrated Lido, letting institutions mint wstETH directly on its platform. wstETH already links to lending markets, DEXs, and cross-chain protocols across DeFi. Anchorage Digital plans to expand staking, restaking, and settlement under one regulated platform. The announcement shared with Bitcoin.com News says that the integration lets institutional clients connect to the…
Decentralized finance (DeFi) platform Aave has deployed its V3 lending protocol on Monad, expanding the layer-1 blockchain’s lending ecosystem with support for 12 assets at launch. On Thursday, Aave announced that the initial market supports USDT0, USDC, Aave’s GHO stablecoin, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC and sUSDe. It is also Aave’s first…
Ripple has formally proposed two XRPL amendments, XLS-65 and XLS-66, that would embed fixed-term institutional credit infrastructure directly into the XRP Ledger. With it rolling, the validator voting is also now active following the Rippled v3.1.0 release in late January 2026. The framework targets uncollateralized, underwritten lending for regulated financial institutions, positioning XRPL as a…
A pseudonymous respondent has appeared in New York court to challenge a lawsuit seeking control of over $200 billion worth of long-dormant coins tied to the network’s earliest days, including those linked to Satoshi Nakamoto, Bitcoin’s pseudonymous founder. The respondent, using the name John Doe 33, filed a notice of appearance on June 30 in…
In brief FBI Director Kash Patel disclosed months late that he bought a significant amount of Strategy stock last November. Strategy shares have since fallen about 44%, leaving Patel’s investment deep underwater if he still holds it. Patel said the purchase was “inadvertently omitted” from required financial disclosures. FBI Director Kash Patel has seen his…
