Samourai Wallet co-founder appeals for donations to pay $2M legal fees
Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill were sentenced to five and four years in prison, respectively, for their involvement in the crypto protocol. Go to Source
Trump-linked American Bitcoin reports $82M Q1 loss, revenue miss
Donald Trump’s sons’ company, American Bitcoin, missed analyst revenue estimates and posted narrower losses as it ramped up its mining capacity. Go to Source
Polymarket Odds Hit 20% for the US Government to Confirm Alien Life in 2026
The possibility of alien disclosure has risen, with Polymarket traders estimating a 20% chance for alien life to be confirmed by the U.S. government this year. Recently, reports of meetings between church pastors and intelligence officers have surged, allegedly to prepare for an upcoming reveal event. Alien Disclosure Odds Rise Among Reports Of Intelligence Meetings … Read more
Ondo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank
Ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and Mastercard’s Multi-Token Network to bridge public blockchain and traditional banking. Integration of Public and Private Infrastructure Ondo Finance, a leader in the tokenized asset space, announced May 6 the successful completion of the first … Read more
Stablecoin adoption to scale on back of ‘very large’ tech firms: Bitwise
Bitwise investment chief Matt Hougan says projections tipping stablecoins to hit $4 trillion in value by 2030 could happen if major tech firms continue to adopt them. Go to Source
Aave liquidates Kelp DAO hacker’s rsETH positions on Ethereum, Arbitrum
Galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO hack. Go to Source
Kenyan Court Detains Man 7 Days Over $440,000 Crypto App Fraud Probe
A Kenyan court has ordered the weeklong detention of a man accused of operating a fraudulent cryptocurrency investment platform. Suspicious App Triggered Investigation A Kenyan court ordered the weeklong detention of the alleged operator of a fraudulent cryptocurrency-themed investment platform, as detectives investigate a multilayered scheme that collected about $440,000 from unsuspecting investors. The order … Read more
Kraken Launches US Spot Margin Trading With up to 10x Leverage
Kraken has launched regulated crypto spot margin trading for eligible U.S. users on Kraken Pro, offering up to 10x leverage without accredited investor status. The service runs through Kraken Derivatives US and includes collateral controls, liquidation levels, and risk disclosures. Kraken Expands Regulated Trading Access Crypto exchange Kraken has expanded its U.S. trading offering by … Read more
Prediction Market Fight Deepens as 40 States Push Back on CFTC
A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The attorneys general said these products closely resemble traditional sportsbook wagers on winners, spreads, totals, and player statistics. States Say Sports Markets Belong Under Gambling Oversight … Read more