Decentralized prediction market Polymarket has launched an active betting contract on the outcome of Vice President Sara Duterte’s upcoming impeachment trial, allowing global cryptocurrency users to wager on …
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Bitcoin
US Sanctions Sinaloa Cartel Crypto Laundering, Venezuela Shuts Down Mining Farm
by Jason Scottby Jason ScottKey Takeaways OFAC sanctioned 6 people laundering Sinaloa Cartel crypto, next aiming to disrupt US illicit fentanyl flows. Venezuela dismantled 1 massive 4,000 ASIC crypto farm, saving 10,000 …
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Decentralized prediction market Polymarket has become inaccessible to users in the Philippines utilizing the Globe Telecom network. Visitors attempting to access the platform via Globe are currently redirected …
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Bitcoin
Crypto-Backed Super PACs in Focus as Lawmakers Push $5,000 Donation Cap
by Jason Scottby Jason ScottKey Takeaways House and Senate lawmakers proposed a $5,000 limit on super PAC donations. Crypto-linked super PACs gained influence during stablecoin and market structure policy debates. Supporters argue …
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Bitcoin
Sui to Make All Stablecoin Transactions Private by Default in Massive Update
by Jason Scottby Jason ScottKey Takeaways Sui announced stablecoin transactions will soon be private by default, solving a key institutional hurdle. Eliminating a major market friction point, Sui enabled 0-fee stablecoin transfers …
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Bitcoin
Vitalik Buterin Reveals 90% of His Net Worth Sits in ETH Amid Foundation Overhaul Plans
by Jason Scottby Jason ScottKey Takeaways Buterin detailed on May 24, 2026, that the Ethereum Foundation (EF) holds only 0.16% of all ETH, far below rivals. The EF plans to shrink its …
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Bitcoin
Silicon Valley Law Firm Fenwick & West Settles FTX Fraud Claims for $54 Million
by Jason Scottby Jason ScottKey Takeaways Fenwick & West agreed to pay $54 million to settle FTX customer claims, pending approval by Judge K. Michael Moore. The deal brings combined professional services …
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Bitcoin
Big Short’s Michael Burry Warns SEC Tokenized Stock Plan Risks ‘Snow Crash’ Future – Bitcoin News
by Jason Scottby Jason ScottKey Takeaways Michael Burry cited Neal Stephenson’s 1992 novel Snow Crash in a May 19 Substack warning about SEC tokenized stock plans. The SEC under the Trump administration …
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Bitcoin
Strategy Pauses Bitcoin Buying as Saylor’s ‘BitVac’ Comment Puts Next BTC Buy on Watch
by Jason Scottby Jason ScottKey Takeaways Strategy highlighted bond-related activity instead of bitcoin buying after holdings climbed to 843,738 BTC. Preferred stock, debt obligations, and liquidity reserves remain central investor concerns. Future …
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Bitcoin
Gold Slides 0.7% as DXY Holds Near 99.32 and 10-Year Yields Push Toward 4.6%
by Jason Scottby Jason ScottKey Takeaways Gold fell roughly $30 to $35 per ounce during May 17-24, pressured by a DXY near 99.32 and rising Treasury yields. FOMC minutes released May 21 …
