Monero Takeover Blocked by Alleged DDoS Attack

Monero

Key Takeaways Qubic, the mining pool behind a planned 51% takeover of Monero, claims it suffered a DDoS attack that slashed its hashrate. The incident appears timed with Monero community efforts to block the takeover and raise questions about on-chain defenses and attack attribution. “Attack” Claims Disputed by Network Metrics Despite Ivancheglo’s X posts claiming … Read more

Coinbase CEO Criticizes UK Ad Rules After TV Spot Pulled

Coinbase

Key Takeaways Coinbase CEO Brian Armstrong has slammed the UK’s advertising framework after broadcasters banned its satirical TV ad “Everything Is Fine.” The one-minute musical parody—highlighting economic frustration—was reportedly pulled without formal action by the Advertising Standards Authority. Armstrong says the move chills innovation and vowed to run similar ads in other regions. Pushback Over … Read more

Arthur Hayes Warns Bitcoin Could Drop to $100K

Arthur Hayes

Key Takeaways Arthur Hayes, co-founder of Maelstrom Fund, warns that rising tariffs, weak credit markets, and soft job data could drag Bitcoin and Ether lower—possibly to $100K and $3K, respectively. His preemptive sell-off reflects caution amid growing economic uncertainty. Hayes Liquidates Large Crypto Holdings Hayes offloaded more than $8.3M in ETH, $4.6M in Ethena, and … Read more

Tron Founder Justin Sun Returns From Space

Tron

Key Takeaways Justin Sun, founder of Tron, has completed a successful suborbital flight aboard Blue Origin mission NS‑34, returning with a renewed appreciation for Earth’s vulnerability. A long-time goal realized, Sun was joined by five other passengers in this commercial space venture. A New Perspective from Orbit Sun bid $28 million in 2021 for the … Read more

Bitcoin Eyes $119K as Corporates Add 28K BTC Amid Strategic Reserve Buzz

Bitcoin

Key Takeaways Bitcoin flipped the narrative this week—turning FOMC-driven caution into momentum toward a $119,000 target. While markets initially reacted to the Fed’s dovish silence, attention quickly shifted to confirmation that Washington is quietly building a Strategic Bitcoin Reserve. Institutional Buyers Step In as Reserve Plans Intensify Despite a lack of reassurance from Fed Chair … Read more

Tornado Cash T‑Shirt Sparks Courtroom Drama

Tornado Cash

Key Takeaways In a tense courtroom scene at the Tornado Cash criminal trial, Roman Storm’s meme T‑shirt became a focal point of contention. The shirt, depicting Ether “cleaned” through Tornado.cash, drew sharp remarks from prosecutors who portrayed it as evidence of laundering software marketing. Storm’s defense later dismissed it as “a joke in poor taste,” … Read more

Crypto ETF Redemptions Get SEC Greenlight

Crypto ETF

Key Takeaways SkyBridge Capital founder Anthony Scaramucci issued high praise for SEC Commissioner Hester Pierce—dubbed “Crypto Mom”—after the agency approved in-kind redemption mechanisms for Bitcoin and Ethereum ETFs. This change allows authorized participants to directly swap ETF shares for the underlying tokens, bypassing the need for cash redemptions. In‑Kind Redemptions Mean Lower Costs & Faster … Read more

US Government Moves to Forfeit $2.4M in Bitcoin Seized

US Government Moves to Forfeit $2.4M in Bitcoin Seized

Key Takeaways The US government has filed to legally seize 20.2 Bitcoin (valued at approximately $2.4 million) confiscated by the Dallas FBI from the Chaos ransomware group. If approved, the funds may join the proposed Strategic Bitcoin Reserve mandated by the executive order issued in March. Dispute Over US Government BTC Holdings While public trackers … Read more

CoinDCX Denies $1B Coinbase Buyout

CoinDCX Denies $1B Coinbase Buyout

Key Takeaways Indian crypto exchange CoinDCX has firmly denied media speculation that it’s in “advanced discussions” to be acquired by Coinbase for close to $1 billion. CEO Sumit Gupta used X to reaffirm that the exchange remains independently focused on strengthening India’s crypto infrastructure. CoinDCX Recovers from Major Hack CoinDCX suffered a $44.2 million breach … Read more

Solana Boss Slams Meme Coins as “Digital Slop”

Solana Boss Slams Meme Coins as “Digital Slop”

Key Takeaways In a public exchange with Base creator Jesse Pollak, Solana co‑founder Anatoly Yakovenko stirred controversy—calling meme coins and NFTs “digital slop” that lack intrinsic value, even as they have fueled much of Solana’s recent economic revival. Yakovenko’s Dismissal of Speculative Assets Yakovenko compared meme coins and NFTs to loot boxes in free‑to‑play games—flashy, addictive … Read more