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In brief In a new Fraud Strategy 2026 to 2029 document, the UK government has highlighted the “growing risk” posed by cryptocurrency. The report noted that crypto is increasingly part of “routine activity,” but pointed to its role in facilitating investment fraud. Blockchain analysis firm Chainalysis argued that crypto’s transparency has created a “powerful flywheel” by which criminal activity can be tracked and tackled. The UK government has published its Fraud Strategy 2026 to 2029 document, highlighting the “growing risk” posed by cryptocurrency.The report’s authors noted that cryptocurrency is now part of “routine activity” in day-to-day life, alongside social media,…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Check out Decrypt’s new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify!GM!Today’s top news: Crypto majors rally as oil falls; BTC at $70.6k Strategy bought $1.28B in Bitcoin last week with $377M coming from STRC Nasdaq is teaming up with Kraken to launch tokenized stock trading The US Treasury identifies legitimate use cases for crypto mixers ZCASH jumped after Zcash Open Development Lab…
In brief Gemini founders Tyler and Cameron Winklevoss have transferred around $130 million in Bitcoin to the exchange’s hot wallets over the past week, said Arkham. The blockchain analytics firm speculated that the transfers were “presumably to sell,” while others suggested that they could be intended for purposes such as exchange liquidity. The crypto exchange recently laid off a quarter of its staff and exited the European and Australian markets. The founders of crypto exchange Gemini, Cameron and Tyler Winklevoss, have transferred roughly $130 million worth of Bitcoin to Gemini hot wallets over the past week, according to blockchain analytics…
Bitcoin’s circulating supply surpassed 20 million coins on March 9, a milestone that places 95% of all BTC that will ever exist into the hands of holders and leaves fewer than 1 million coins still to be mined before the network reaches its hard cap of 21 million.The milestone was reached at block height 940,000, with the block mined by Foundry USA, according to Mempool data.It took roughly 17 years for miners to produce those first 20 million coins. The final 1 million will take more than a century to enter circulation, with the last fractions, measured in units called…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The South Korea-based cryptocurrency exchange, Bithumb, is facing significant legal and operational challenges following a major system error in February. This resulted in more than $43 billion worth of Bitcoin (BTC) being distributed to users, prompting scrutiny from regulatory bodies. The Financial Intelligence Unit (FIU) has preliminarily notified Bithumb of a six-month partial suspension of its business for alleged violations of Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations under the Special Financial Transactions Act. Bithumb’s Business Operations Under Fire According to local media reports, the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US banks may need regulatory clarity more than the crypto industry, a former Commodity Futures Trading Commission (CFTC) chief said, arguing they risk falling behind the rest of the world. Regulatory Uncertainty Could Leave US Banks Behind On Sunday, Chris Giancarlo, former chairman of the CFTC, discussed the significant policy reversal under the Trump administration that has been driving crypto innovation in the US, including the highly anticipated market structure bill. In an interview for Scott Melker’s The Wolf Of All Streets podcast, the ex-CFTC chief affirmed…
A crypto analyst known for calling the 2022 Bitcoin crash says the BTC market is showing resilience amid global uncertainty. Pseudonymous analyst Capo tells his 909,000 followers on X that key metrics show Bitcoin’s market remains strong as the top crypto asset hovers around $69,000, after reaching a high this week at around $73,000. “Despite the events, the strength that the market is showing is undeniable. Bears keep getting trapped.” The analyst shares a chart highlighting the recent buying and selling volume of Bitcoin, suggesting the market is absorbing large volume sell-offs. Source: Capo/X The analyst also shares another chart…
In brief The Bank Policy Institute is weighing a lawsuit against the Office of the Comptroller of the Currency over its move to grant national trust charters to crypto and fintech firms. Banking groups warn the licensing push could allow crypto firms to offer bank-like services nationwide without facing the same regulatory oversight as traditional banks. Several crypto companies have received conditional approval for the national charters. The Bank Policy Institute, which represents Wall Street heavyweights including JPMorgan Chase, Goldman Sachs, and Citigroup, is mulling a lawsuit against the Office of the Comptroller of the Currency over its push to…
In brief Federal prosecutors have asked a Manhattan judge to retry Tornado Cash developer Roman Storm on charges a jury deadlocked on last August. The Justice Department proposed an October retrial on two conspiracy counts carrying a potential 40-year maximum sentence. The court must first rule on Storm’s pending motion seeking acquittal before any retrial proceeds. Federal prosecutors have asked a Manhattan judge to retry Tornado Cash developer Roman Storm on money-laundering and sanctions-evasion charges that a jury deadlocked on last August, even as the White House previously signaled openness to pardoning another crypto privacy developer for comparable conduct.In a…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken parent Payward has partnered with Nasdaq to build what the companies describe as an “equities transformation gateway,” a new infrastructure layer designed to connect regulated tokenized equity markets with permissionless blockchain networks. For crypto markets, the significance is clear: one of the largest traditional market operators is now working directly with a crypto-native tokenization framework to move equities between institutional rails and DeFi environments. The partnership centers on xStocks, Kraken’s tokenized equities product, which Payward said has surpassed $25 billion in total transaction volume less than…
In brief Grok generated vulgar posts about football tragedies after users prompted it to “not hold back.” Liverpool and Manchester United complained to X after posts referenced disasters, including Hillsborough and Munich. The incident renews scrutiny of following Grok’s “MechaHitler” meltdown last year. Elon Musk’s AI chatbot Grok is facing renewed backlash from UK officials and two Premier League clubs after generating vulgar posts about historic football tragedies when prompted by users on X.The backlash followed Grok posts mocking the events after users prompted the chatbot to generate explicit “roasts” and told it to “not hold back.”The responses referenced the…
In brief Bitcoin has climbed more than 4% to roughly $69,100 as risk assets steadied after oil retreated from a spike tied to Middle East tensions. Futures open interest and aggressive buying in perpetual markets suggest traders are cautiously returning to leveraged positions. U.S. spot Bitcoin ETF inflows have risen to about $934 million, even as trading volumes and network activity remain subdued. Bitcoin’s market structure is showing early signs of stabilizing after weeks of pressure, according to a new market note from on-chain analytics firm Glassnode, even as the escalating conflict involving Iran continued to roil global financial markets.Bitcoin…