Industry News

  • US-Iran Escalation Pushes Bitcoin to $72,622 as $870M Long Bets Collapse28 May 2026 10:30Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions. Geopolitical Escalation Triggers Crypto Sell-off Bitcoin plunged below $73,000 early Thursday following reports of fresh U.S. military strikes inside Iran. Market data […]
  • The Future of Bitcoin Mining Is Bigger Than Bitcoin28 May 2026 09:30The Future of Bitcoin Mining Is Bigger Than BitcoinWith Bitcoin mining economics under pressure from historically low hashprice levels of mining revenue and rising network competition, AI and HPC infrastructure revenue has emerged as a stabilizing and, in some cases, significantly larger growth driver. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly […]
  • Banca Sella to Become First Italian Bank to Launch Crypto Services28 May 2026 08:30Sella written on a high rise buildingBanca Sella has completed its notification process with the Bank of Italy, clearing the way for it to offer crypto custody and transfer services. The bank plans to launch the services in 2026 for selected customer groups. Bank of Italy Clears Banca Sella for Crypto Services Launch in 2026 Banca Sella is preparing to become […]
  • Porter Stansberry Warns of US Financial Collapse by 2029 on Pompliano Podcast28 May 2026 07:30Financial analyst and Stansberry Research founder Porter Stansberry has told Anthony Pompliano that the U.S. is heading toward a sweeping monetary reset by 2029, pointing to Social Security’s structural collapse, accelerating dollar debasement, and more. Stansberry’s Case for a 2029 Financial Reckoning Stansberry’s thesis is rooted in what he calls the “Fourth Turning,” a generational […]
  • South Korea Files First Criminal Case Over DEX Rug Pull, Indicts Five in Solana Meme Coin Scheme28 May 2026 06:30South Korean prosecutors have arrested and indicted five suspects in what authorities say is the country’s first criminal case targeting a rug pull on a decentralized exchange, with the alleged scheme leaving 256 investors with approximately $600,000 (900 million won) in combined losses. CATFI, a Fake Influencer, and a DEX Exit The case centers on […]
  • Falcon Unveils GENIUS-ready fUSD Stablecoin Backed by Anchorage Digital Bank28 May 2026 05:30U.S. dollars on a black backdrop.Falcon Finance has introduced fUSD, a fully reserved stablecoin issued by Anchorage Digital Bank and designed for institutional settlement, collateral, and treasury use. The product includes a rewards structure targeting about 3% annually for qualifying institutional holders. fUSD Offers Regulated Stablecoin With Monthly Rewards for Institutions Falcon Finance has unveiled fUSD, a stablecoin aimed at […]
  • FBI Pulls $40M in Gold Bars From CIA Official’s Fairfax County Home in Theft Case28 May 2026 04:30A senior CIA official with top-secret clearance was arrested May 19, 2026, after FBI agents pulled 303 one-kilogram gold bars, roughly $2 million in cash, and about 35 luxury watches, many of them Rolexes, from his Fairfax County, Virginia, home. Senior CIA Official David Rush Faces Federal Theft Charge David Rush, who held a senior […]
  • UK Sanctions Strike Russia-Linked Crypto Networks in Sweeping Crackdown28 May 2026 03:30UK Sanctions Strike Russia-Linked Crypto Networks in Sweeping CrackdownCrypto exchanges face new U.K. enforcement pressure after Britain targeted Russia-linked sanctions-evasion networks using digital assets. The package names 18 exchanges, banks, payment providers, corporate entities, and individuals tied to crypto and financial channels. Crypto Exchanges Face UK Regulation 17A Action Britain announced on May 26 a sanctions package aimed at crypto routes used to […]
  • BTC Volume Collapse Echoes Setup Before 2023 Bullish Recovery28 May 2026 02:26BTC Volume Collapse Echoes Setup Before 2023 Bullish RecoveryBTC spot volume has plunged across major exchanges, reviving comparisons with the late-stage bear market conditions that preceded the 2023 recovery. Binance activity fell from $198.6 billion to $36.4 billion, part of a broad market slowdown. Volume Collapse Revives 2023 Bitcoin Cycle Comparison On-chain and market data analytics platform Cryptoquant shared an insight on May […]
  • Trump Vows Crypto Market Structure Law That ‘Cannot Be Undone’28 May 2026 01:21Trump Vows Crypto Market Structure Law That 'Cannot Be Undone'Trump vowed to cement a durable U.S. crypto framework, saying his administration will protect digital asset markets from future political reversals. He also pledged that his administration would “never let crypto down,” tying bitcoin, exchanges, and digital asset innovation to America’s financial future. Trump’s Crypto Push Widens Around Market Structure Law President Donald Trump intensified […]