Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion

Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF).  According to an April 9 court filing, the parties agreed to settle the two-year-old case and are finalizing documentation and settlement terms. The filing noted that … Read more

Thailand Intensifies Fight Against Mule Accounts in Digital Assets

Thailand has approved significant amendments to the digital asset and cybercrime laws to combat cybercrime and online scams. Combating Mule Accounts in the Crypto Industry The Thailand Cabinet has approved significant amendments to the Digital Asset Business Law and the Cybercrime Law, aiming to bolster the nation’s defenses against cybercrime and the use of “mule … Read more

Illinois Senate passes crypto bill to fight fraud and rug pulls

The Illinois Senate by a vote of 39 to 17 passed a regulatory bill aimed at curbing cryptocurrency fraud and protecting investors from deceptive practices, including rug pulls and misleading fee structures. On April 10, the chamber passed Senate Bill 1797 (SB1797), also known as the Digital Assets and Consumer Protection Act, which Senator Mark … Read more

Bitcoin Maturing as Macro Asset Amid Market Turmoil, Expert Says

James Toledano says bitcoin’s measured response to a significant sell-off, triggered by U.S. “reciprocal” tariffs, highlights its growing maturity as a macro asset. Bitcoin Is a Maturing Macro Asset After weeks of seemingly moving in tandem with equities and other traditional assets, bitcoin ( BTC) showed a measured reaction to a historic sell-off sparked by … Read more

Pakistan Explores Allocating its Surplus Electricity to Bitcoin Mining

Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into Wealth: Pakistan Leverages Excess Energy for Crypto Mining Pakistan is looking to bitcoin mining and artificial intelligence (AI) … Read more

Feds, SEC charge app maker with fraud, saying ‘AI’ service was Philippine workers

US authorities have charged a tech app founder with fraud, alleging that his advertised artificial intelligence-powered e-commerce app actually relied on human workers in the Philippines. Albert Saniger of Barcelona, Spain, founder and former CEO of the company Nate, was charged with one count of securities fraud and wire fraud, the Justice Department said in … Read more

Solana’s Wild Week: Price Plunge, Institutional Moves, and Resilient Ecosystem Growth

The past week has been turbulent for Solana (SOL), containing several elements that together cut the price in a direction undesirable to investors. There was a brutal market-wide crash for several days that even the strongest projects weren’t able to weather. In addition, right in the midst of that crash, there were certain narrative elements … Read more

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