Adam Forsyth

UK shuts down crypto exchange Zedxion after sanctions probe ties platform to Iranian networks

Britain’s company register has moved to dissolve cryptocurrency exchange Zedxion, accused of processing funds for Iran’s Islamic Revolutionary Guard Corps. Summary Britain’s Companies House has moved to dissolve Zedxion after findings linked the exchange to IRGC-connected transactions and misleading incorporation…

World Gold Council plans to build shared infrastructure platform for digital gold

The World Gold Council (WGC), a London-based industry body established to promote gold markets on behalf of leading mining companies, has proposed “Gold as a Service,” a shared infrastructure that connects physical gold custody with digital issuance and management. The…

How Will Markets React to $2.1B Crypto Options Expiring?

Another Friday is here again, and another batch of Bitcoin and Ethereum options contracts is expiring as spot markets retreat from their recent rally.   Around 24,600 Bitcoin options contracts will expire on Friday, Mar. 20, with a notional value…

Kentucky crypto bill under fire over proposed hardware wallet “backdoor” requirement

A state-level crypto regulatory bill introduced in Kentucky includes provisions that would force hardware wallet manufacturers to build a “backdoor” into devices, according to the Bitcoin Policy Institute. Summary Kentucky House Bill 380 proposes requiring hardware wallet providers to enable…

NASA weighs shifting Artemis mission to SpaceX Starship, reducing Boeing’s role

NASA today expanded SpaceX’s responsibilities within the Artemis lunar program while scaling back Boeing’s involvement, a realignment driven by growing frustration with legacy contractor delays and a deepening reliance on SpaceX’s reusable vehicle technology. According to a Bloomberg report, SpaceX’s…

UK Court Hears Allegations of $176M Bitcoin Theft Using CCTV to Steal Seed Phrase

A man allegedly had 2,323 Bitcoin stolen by his own wife. That is over $176 million gone in crypto theft. She reportedly used a security camera to record him entering his seed phrase. That is it. The most fundamental piece…

Trump pressures Powell to cut rates as Fed holds line on inflation

Trump ramps up pressure on Powell to slash rates to 1% even as the Fed holds at 3.50%–3.75%, lifts inflation forecasts, and warns the Iran oil shock risks stagflation. Summary Trump renews attacks on Powell, demanding immediate cuts and even…

Kalshi doubles valuation to $22 billion with new $1 billion raise

Kalshi has raised more than $1 billion at a $22 billion valuation in a new financing round led by Coatue Management, the Wall Street Journal reported. The deal roughly doubles the company’s valuation from its $11 billion December raise and…

Moo Deng Meme Coin After the Zoo Kidnapping Scare

A stranger wearing a black beanie jumped the fence at Khao Kheow Zoo on Tuesday to get a photo with Moo Deng, sending shockwaves through social media and a momentary flash crash through the MOODENG Solana charts. While the real-world…

Bitcoin Clears Key Supply Wall, But Weak Conviction Clouds Bull Market Outlook

Bitcoin’s push to $74,000 demonstrated strength, but heavy profit-taking and low futures activity suggest the rally may lack long-term sustainability. Bitcoin has broken above the upper boundary of its February-March trading range after climbing past $70,000 to touch $74,000…