Commodity Traders Turn to Stablecoins Amid Debanking Geopolitical tensions are driving commodity traders away from traditional bank financing toward stablecoins like USDT, as Western banks retreat from risky trade flows.[2] Iran’s use of stablecoins for oil, weapons, and commodity trade has reached significant…
SpaceX $603M Bitcoin Position Amid $5B 2025 Loss SpaceX holds 8,285 BTC valued at approximately $603 million, unchanged since mid-2024, even as the company reports a nearly $5 billion net loss for 2025 driven by xAI integration costs.[1][2][3] Revenue reached $18.5 billion, up…
Justin Sun Accuses WLFI of Wallet Freeze via Hidden Backdoor Justin Sun, TRON founder and early WLFI investor, publicly accused World Liberty Financial of secretly embedding a blacklist function in its token smart contract, claiming it froze his wallet without notice.[1][2][4] The allegation,…
Tether PAC Involvement Marks Crypto Political Push Tether has linked up with Fellowship PAC through Jesse Spiro, its VP of Regulatory Affairs, who now chairs the group amid escalating crypto industry spending on U.S. midterms.[1][4] This move comes as rivals like Fairshake hold…
Fake Ledger App on Apple App Store Costs G. Love 5.92 BTC Philadelphia musician G. Love lost 5.92 BTC-his entire retirement savings-after downloading a fake Ledger app from the Apple Mac App Store on April 11, 2026.[1][2] On-chain investigator ZachXBT traced the stolen…
Crypto Clarity Act 30% Passage Odds Persist Ron Hammond, head of policy at Wintermute, pegs the Crypto Clarity Act at 30% odds of passing this year, citing stalled negotiations and bank resistance despite House progress.[1][2][3] This view aligns with a Punchbowl survey showing…
WLFI Token Low Deepens After Justin Sun Wallet Freeze WLFI token price has fallen sharply, with Justin Sun’s frozen holdings losing over $11 million in value over the past 24 hours amid ongoing blacklist restrictions from World Liberty Financial.[1] The project’s decision to…
Iran Crypto Toll on Oil Ships: Chainalysis View Iran’s reported push for cryptocurrency tolls on oil tankers transiting the Strait of Hormuz draws fresh scrutiny from Chainalysis, spotlighting Iran crypto toll on oil ships as a potential vector for sanctions evasion in a…
BlackRock Bitcoin ETF Inflows $269M at BTC $73K Peak BlackRock’s flagship Bitcoin ETF, IBIT, recorded $269 million in inflows on a single day, its strongest since early March, as Bitcoin pushed past $73,000 with a 9% weekly gain.[1][4] This surge underscores renewed institutional…
