The text of Myanmar’s Anti-Online Fraud Bill said that anyone who was convicted of committing “digital currency fraud” could face from ten years to life in prison, and possibly the death penalty.
Kraken is moving its wrapped Bitcoin (kBTC) to Chainlink CCIP as bridge-security fears continue spreading across DeFi, turning the bridge-security debate into a decision about wrapped-Bitcoin infrastructure. In a recent announcement, the exchange said it is deprecating its existing cross-chain provider and moving all Kraken Wrapped Bitcoin to Chainlink's Cross-Chain Interoperability Protocol. CCIP will become […]
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Lombard migrates over $1B in Bitcoin-backed assets to Chainlink CCIP after reviewing cross chain security.
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Bloomberg reported that ICE and CME are pressing for Hyperliquid to register with the CFTC, raising concerns about market stability.
Google's AI hiring surge highlights the growing demand for regulatory-compliant AI solutions, impacting enterprise tech and Web3 infrastructure.
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The chairman of droppRWA has secured $12.5 billion in mandates to tokenized real estate and his plans are to go beyond properties to bring trillions of dollars onchain.
Geopolitical tensions and inflation concerns may sustain high interest rates, impacting economic growth and financial market stability.
The post US-Iran tensions keep Fed rate cuts unlikely in 2026 amid inflation concerns appeared first on Crypto Briefing.
Christopher Harborne’s Rich List debut comes as Reform UK's Nigel Farage faces scrutiny over a $6.7 million gift from the Tether investor.
The deployment strengthens UAE-Israel security ties, potentially boosting economic collaboration but raises regional stability concerns for investors.
The post Israel deploys Iron Dome batteries to UAE amid Iran conflict, deepening Abraham Accords security ties appeared first on Crypto Briefing.
The visit could reshape global trade dynamics, impacting tech industries and digital assets through shifts in US-China economic policies.
The post US president departs for China for first state visit since 2017 appeared first on Crypto Briefing.
Payward cuts 150 jobs as Krakens parent streamlines operations ahead of its planned IPO and seeks fresh capital.
The post Kraken parent Payward cuts 150 jobs amid IPO and expansion push appeared first on Crypto Briefing.
OpenSea's Adam Hollander sees advancements in AI making it easier for people to make innovative tokenized assets.
Prolonged inflation and delayed rate cuts may strain economic growth, affecting investment strategies and risk asset valuations globally.
The post Grayscale report: US inflation pressures delay Fed rate cuts until Sept 2027 appeared first on Crypto Briefing.
Ethereum is showing a notable shift in on-chain behavior, as the network records its strongest wave of profit realization in weeks. After a period of steady accumulation and price recovery, a growing number of holders are now locking in gains. The spike reflects a meaningful shift in on-chain behavior as more investors move into profitable territory once again. What Rising Realized Profits Reveal About Ethereum Market Sentiment In a recent X post, Santiment Intelligence revealed that Ethereum has recorded its highest level of network realized profit in the past three weeks, with approximately $74.58 million in gains locked in. This surge in profit-taking comes as ETH’s price has declined 5.5% over the last three days, creating a seemingly counterintuitive market dynamic. Related Reading: Ethereum Sees Sharp Decline In High-Leverage Long Positions — See What Happens Next Currently, holders with a much lower cost are selling into the dip. A significant number of investors accumulated ETH when it traded below $2,000 during February and March, a period when savvy traders also accumulated, despite war fears and macro uncertainty across the crypto market. Traders who bought aggressively during those weaker conditions are still holding strong unrealized gains even after the current mid-May correction. As a result, some of those wallets are now choosing to secure profits while market conditions remain relatively favorable. At the same time, the data showed a significant increase in on-chain movement, and the 4-hour candles reveal a notable price action compression around the $2,241 level, suggesting a high on-chain activity distribution. Higher transaction volume results in more realized profit-and-loss events, meaning even relatively modest profits from individual wallets can collectively generate large realized profit totals at the network level when volume intensifies. Santiment noted that, based on current ETH trader behavior, caution should be exercised, but this doesn’t mean the market will be bearish. Watch out for deeper realized losses as a potential bottoming signal, and don’t position too aggressively until stronger signs emerge that the current distribution phase is nearing completion. Fidelity Brings Institutional Liquidity Fund To Ethereum The Etherealize has reported on X that Fidelity International has officially launched FILQ, a tokenized money market fund issued as an ERC-20 token on Ethereum, marking another major step in the institutional shift toward on-chain finance. Related Reading: Ethereum Lands JPMorgan’s New Tokenized Money Market Fund FILQ represents an on-chain version of Fidelity’s $7 billion institutional liquidity fund, maintaining the same core strategy and a Moody’s AAA-mf rating, with a key upgrade to 24/7 subscription and redemption. Meanwhile, some of the world’s largest asset managers are increasingly tokenizing cash and choosing ETH as the settlement layer. This shift aligns with comments from Larry Fink, CEO of BlackRock, who recently emphasized the pace of this transformation, stating that the market is underestimating how quickly all financial assets could become tokenized. Featured image from Getty Images, chart from Tradingview.com
The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over the security of cross-chain infrastructure.
Trump's rejection signals a hardened US stance, potentially escalating tensions and complicating future diplomatic efforts with Iran.
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Ethereum analysts said that increasing supply on exchanges and declining ETF demand put ETH at risk of another leg down to $1,700.
Rising inflation complicates Fed's rate policy, potentially stalling economic growth and impacting risk assets like tech stocks and cryptocurrencies.
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Warsh's confirmation as Fed Chair signals a potential shift towards more hawkish monetary policies, aligning with Trump's economic agenda.
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CME Group and ICE have reportedly warned the CFTC and Capitol Hill officials that Hyperliquid’s decentralized perpetual futures platform could enable market manipulation and sanctions evasion.
Investors are piling into leveraged ETFs at a record pace, turning the Bitcoin risk-on boom into a test of whether speculative demand can survive hotter inflation and fading expectations of Fed rate cuts. Bitcoin trades near $81,000 as of May 15, close enough to the $86,900 resistance ceiling to make a breakout plausible and to […]
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Zelensky's warning signals heightened conflict risks, reducing ceasefire prospects and potentially impacting diplomatic efforts and market stability.
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The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.
Regulatory progress in crypto is overshadowed by macroeconomic challenges, delaying potential benefits and increasing market caution.
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Gemini's strategic pivot highlights the high costs of running a compliant crypto exchange, emphasizing the need for diversified revenue streams.
The post Gemini shares surge 25% on $100M Bitcoin infusion from Winklevoss Capital appeared first on Crypto Briefing.
Loupe democratizes security for Bitcoin projects, potentially raising the ecosystem's baseline security and supporting smaller developer teams.
The post Block launches Loupe, free AI vulnerability scanner for Bitcoin projects appeared first on Crypto Briefing.
EToro's revenue drop highlights the need for diversification beyond crypto, as market-wide trading cools and challenges sustained growth.
The post EToro Q1 crypto revenue falls to $2.1B from $3.5B as trading activity cools appeared first on Crypto Briefing.
Rising deficits and interest costs may lead to inflation or currency debasement, impacting investment strategies and economic stability.
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While Senator Tim Scott touted yesterday’s markup as bipartisan, just two Democratic senators supported the bill, and no Democratic amendments were adopted.
The Clarity Act cleared the Senate Banking Committee with bipartisan support, setting up a potential full Senate vote within weeks.