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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Federal Open Market Committee (FOMC) meeting is held eight times a year, and just like with any financial market, the outcome of each meeting has implications for the likes of Bitcoin. The announcement that follows the FOMC meeting reveals whether interest rates have been changed or if they’re staying the same. Now, another FOMC meeting has rolled around, and the market is already speculating on what could happen next. The Next FOMC And The Expectations The next FOMC meeting is scheduled for June 16 and 17,…
In brief Pump.fun’s GO platform lets users pay others to complete “ANY task,” and hundreds of bounties appeared within hours of launch. Rewards reached as high as $50,000, though actual payouts on the platform have so far been far smaller. Some of the high-profile listings sought interviews with a murderer’s relatives, public stunts, and permanent tattoos in exchange for crypto rewards. Pump.fun will now pay you to do almost anything, and people are already lining up to do the strangest things possible.On Thursday, the Solana meme coin launchpad launched GO, a bounty platform built around the slogan “Pay ANYONE to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A critical vulnerability in Zcash’s Orchard shielded pool could have allowed an attacker to create an unlimited amount of counterfeit ZEC without detection, according to a new disclosure from Zooko Wilcox, Jason McGee and security researcher Taylor Hornby. The flaw was discovered on May 29, remediated through an emergency ecosystem response completed by June 2, and has now triggered a broader debate over how Zcash can prove supply integrity in a privacy-preserving system. Orchard Flaw Puts Zcash Supply Integrity Under Scrutiny The vulnerability was found by Hornby,…
In brief Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed mortgage by pledging Bitcoin as collateral. Day-to-day market drops will not trigger margin calls or sudden liquidations, according to mortgage lender Better. The offering follows a policy pivot from FHFA director Bill Pulte, who ordered the watchdog to recognize crypto held on centralized exchanges. A Michigan couple helped make history when they recently closed on the first government-guaranteed mortgage secured by Bitcoin, Coinbase announced on Thursday.Working with mortgage lender Better, the exchange said it had enabled Joe and Amy to secure a Fannie Mae-backed home loan…
A US regulator says a former bank teller stole tens of thousands of dollars from two elderly customers and then tried to blame it on them. The Federal Deposit Insurance Corporation (FDIC) says Hailee T. Ray illegally moved money from the elderly customers’ account when working as a teller at Herring Bank in Amarillo, Texas. “Between November 15th, 2021, and December 30th, 2021, respondent performed nine separate cash withdrawal transactions from an account owned by two elderly customers.” The transactions totaled $39,950. When the elderly customers noticed on January 12th, 2022 that there were unauthorized transactions on their account, they…
In brief Private sector firms like Coinbase, Apple, and SpaceX collaborated with government agencies to help curb crypto fraud. The collaboration led to more than $3.8 million in frozen crypto and 1.4 million disrupted social media and email accounts used to facilitate fraudulent activity. Last year, Americans lost nearly $11.4 billion to crypto fraud schemes according to the FBI’s Internet Crime report. More than $3.8 million in crypto stolen from Americans was frozen thanks to the joint efforts of major firms like Coinbase, SpaceX, Meta, and Apple alongside law enforcement agencies in America and abroad. The U.S. Department of Justice’s initiative,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase moved to freeze more than $3 million in crypto linked to scam networks operating across Southeast Asia, a move that came as US authorities and private firms widened a joint campaign against fraud rings that have drained billions from Americans. The freeze was announced during Disruption Week, a coordinated push led by the DOJ’s Scam Center Strike Force. Multi-Agency Push According to Coinbase, the effort pulled in government agencies and private companies to hit the fraud chain at several points at once, from online accounts to…
In briefTether billionaire Christopher Harborne donated another £3 million to Reform UK in the first quarter of the year. BitMEX co-founder Ben Delo donated a further £4 million across two donations. The crypto billionaires’ contributions to Reform UK amount to some 28% of the donations received by all political parties in Q1 2026.Nigel Farage’s Reform UK party collected $9.4 million (£7 million) from cryptocurrency billionaires Christopher Harborne and Ben Delo in the first quarter of 2026, a sum that exceeded the total donations received by each of the Conservative and Labour parties.Christopher Harborne, ranked as the UK’s sixth-richest person with…
In brief Michael Saylor pointed to the unprecedented AI buildout as a reason for Bitcoin’s recent decline. The Strategy chairman highlighted more than $4 billion in ETF outflows as proof of capital rotation. Bitcoin has fallen alongside MSTR shares, dipping 22% and 30% respectively over the last month. Strategy co-founder and chairman Michael Saylor said the flight of capital into artificial intelligence is responsible for the volatility dragging down Bitcoin—even as some point the finger at his company’s own recent BTC sale.The top crypto asset has dropped 3.7% in the last 24 hours, recently changing hands at $63,429. Over the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is steadily pushing towards $60,000 and is trading close to its February 6 wick bottom. The crypto market sentiment is now back in extreme fear, and there have been multiple questions on when Bitcoin will eventually register a correction bottom. Crypto pundit Ardi believes the answer may be found less in the current candle and more in the calendar, especially since we are still in the second quarter of the year, while past bear market lows have usually arrived much later in the year. Bitcoin’s Bottom…
In brief Anthropic says Claude now authors more than 80% of the code merged into the company’s codebase. The AI startup says engineers are shipping roughly eight times more code than they did in 2024. Anthropic argues AI is already helping build future AI systems and could eventually contribute to designing its own successors. AI has become so effective at writing code and researching that the biggest constraint on developing new AI systems may now be the humans overseeing them, according to a new study by Anthropic.In its report “When AI Builds Itself,” published Thursday, Anthropic argued that Claude is…
A Casascius coin tied to 25 BTC moved this week, converting a 2011 physical Bitcoin artifact into spendable BTC during a broader market selloff.Galaxy Research identified the item as an S1-COIN-25 Casascius physical Bitcoin, a large-denomination piece from the era when Bitcoin could still be handed across a table as a loaded coin. The reported alert valued the 25 BTC at about $1.78 million at the time.The on-chain sequence is more precise than a simple cash-out. The watched address received a 25 BTC output in block 156,413 on Dec. 7, 2011. It later accumulated small dust outputs before spending its…
In brief The crypto-powered gray-market peptide market has surpassed a $100 million annual run rate, according to Chainalysis. Demand surged alongside the rise of the social media “looksmaxxing” trend and growing interest in weight-loss peptides. Researchers linked some peptide suppliers to Chinese chemical manufacturers previously involved in drug precursor sales. A fast-growing gray market for peptides has become one of cryptocurrency’s newest high-volume markets, according to a report released Thursday by Chainalysis, processing more than $100 million annually primarily through Bitcoin and stablecoin payments.The blockchain data firm found that crypto flows to peptide vendors jumped from roughly $12 million in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Only 58 people came forward under Israel’s voluntary crypto disclosure program, leaving the tax authority far short of the billions of dollars it had hoped to collect. Officials had expected a surge in corrected filings and fresh tax payments, but the early results point to a much quieter response. Limited Trust In The Offer The program was designed to give crypto holders a chance to clean up old reporting mistakes without facing criminal charges, provided they met the filing rules and paid what they owed. But according…