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Make CryptoSlate preferred on US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight over how far stablecoins should be allowed to move into territory long dominated by bank deposits.On April 22, the American Bankers Association (ABA) and three other banking trade groups asked the Treasury Department and the Federal Deposit Insurance Corp. to delay the public comment deadlines for three proposed rules implementing the GENIUS Act.The associations requested that the agencies wait until 60 days after the Office of the Comptroller of the Currency…
In brief Anthropic’s shares are trading at $1 trillion on secondary platforms like Forge Global, overtaking OpenAI which sits at $880 billion on the same venue. The company’s annualized revenue soared from $9 billion in late 2025 to $30 billion by March 2026—a 233% jump in a single quarter, driven primarily by Claude Code adoption. Just three months ago, Anthropic’s valuation was $380 billion; secondary markets are now pricing it at more than 2.6 times that figure. On secondary share trading platforms, Anthropic has quietly flipped the AI power map—trading at roughly $1 trillion, overtaking OpenAI for the first time.On…
In brief U.S. Army soldier Gannon Ken Van Dyke was charged with five federal crimes, including commodities fraud and unlawful use of classified information Van Dyke allegedly profited $409,881 from 13 Polymarket bets totaling $33,034 between December 26, 2025 and January 2, 2026. The bets involved classified intelligence about Operation Absolute Resolve targeting former Venezuelan President Nicolás Maduro. A U.S. Army soldier stationed at Fort Bragg, North Carolina, was charged Thursday with using classified military intelligence to trade on Polymarket around the January removal of Venezuelan President Nicolás Maduro, marking the first major case of alleged insider trading on crypto…
More than 100 crypto firms and industry groups are pressing the U.S. Senate to advance long-awaited market structure legislation, warning that continued inaction risks pushing innovation and capital outside the country. In a joint letter sent April 23, the Crypto Council for Innovation and the Blockchain Association urged the Senate Banking Committee to move forward with a markup of the “Clarity Act,” a bill designed to establish a comprehensive federal framework for digital assets. The letter, seen by Bitcoin Magazine, was addressed to Committee Chairman Tim Scott, Ranking Member Elizabeth Warren, Subcommittee Chair Cynthia Lummis, and Ranking Member Ruben Gallego,…
Make CryptoSlate preferred on US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight over how far stablecoins should be allowed to move into territory long dominated by bank deposits.On April 22, the American Bankers Association (ABA) and three other banking trade groups asked the Treasury Department and the Federal Deposit Insurance Corp. to delay the public comment deadlines for three proposed rules implementing the GENIUS Act.The associations requested that the agencies wait until 60 days after the Office of the Comptroller of the Currency…
Crypto entrepreneur Justin Sun says he’s filed a lawsuit against World Liberty Financial, alleging the project improperly froze his tokens and stripped his governance rights. Sun detailed the move in a new post on X. “Today, I filed a lawsuit in California federal court against World Liberty Financial to protect my legal rights as a holder of WLFI tokens.” According to Sun, the conflict stems from actions taken by individuals associated with the project. “They wrongfully froze all of my tokens, stripped me of my right to vote on governance proposals, and have threatened to permanently destroy my tokens by…
In brief Anthropic’s shares are trading at $1 trillion on secondary platforms like Forge Global, overtaking OpenAI which sits at $880 billion on the same venue. The company’s annualized revenue soared from $9 billion in late 2025 to $30 billion by March 2026—a 233% jump in a single quarter, driven primarily by Claude Code adoption. Just three months ago, Anthropic’s valuation was $380 billion; secondary markets are now pricing it at more than 2.6 times that figure. On secondary share trading platforms, Anthropic has quietly flipped the AI power map—trading at roughly $1 trillion, overtaking OpenAI for the first time.On…
Pantera Capital is urging Satsuma Technology to liquidate its remaining bitcoin holdings and return capital to shareholders after a steep collapse in the company’s share price. The crypto investment firm, led by Dan Morehead, is among a group of investors pushing for a full wind-down of Satsuma’s bitcoin position, which totals about 646 BTC, valued near $50 million at current prices. Pantera’s DAT Opportunity Fund holds roughly 6% to 7% of the company, according to Bloomberg reports. The pressure follows a sharp decline in both Bitcoin and Satsuma’s equity. Shares have fallen more than 99% from their peak in June…
The Consumer Federation of America (CFA) has filed a class-action lawsuit against Meta Platforms, accusing the social media giant of failing to protect users from scam advertisements. The CFA, an association of non-profit consumer organizations, is seeking to recover damages and illegal profits after filing the Superior Court lawsuit in Washington, D.C. Says the complaint, “Meta claims it is doing all it can to crack down on scam advertising on its platforms. But in reality, Meta has knowingly taken steps and adopted policies that pad its bottom line at the expense of its users’ safety and well-being. In fact, rather…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has been consolidating below $2,400 for weeks, building a base that the market has been watching with growing anticipation. The technical structure suggests a breakout is being prepared rather than delayed — and fresh data from Arkham Intelligence has just added a layer of institutional context that reframes what the current consolidation may actually represent. Three newly created wallets, identified by Arkham as likely linked to Bitmine, have just received 100,000 ETH from BitGo — approximately $233.7 million in a single transfer. The wallets are new.…