Adam Forsyth

Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight

Coinbase argued that Rule 40.11 is being applied as a blanket ban when the actual statute requires two separate determinations. Coinbase recently filed a formal comment letter with the Commodity Futures Trading Commission (CFTC), arguing that prediction markets are…

CLARITY Act stablecoin deal shifts investor mood

ZeroStack CEO Daniel Reis-Faria says the CLARITY Act stablecoin deal reduces investor uncertainty but has not resolved institutional hesitation yet. Summary Senators Tillis and Alsobrooks reached a CLARITY Act yield compromise on May 1, banning passive stablecoin yield and preserving…

China defies US sanctions, imports Iranian oil amid rising tensions

## Market Snapshot Trump’s Visit to China market currently prices at 0.1% YES, down from 41% a week ago. WTI Crude Oil Prices in May 2026 market is observing increased tensions that may impact pricing trends. ## Key Takeaways –…

Is the MicroStrategy Bitcoin Binge Over? What Saylor’s Pause Means

The latest in the MicroStrategy Bitcoin saga has Michael Saylor pausing BTC purchases ahead of its Q1 earnings release, with the CEO confirming “No buys this week” in a Sunday post on X, breaking a pattern of near-continuous accumulation that…

DPRK Calls Cyber Theft Accusations ‘Absurd Slander’ Driven by Reptile Media

DPRK rejected cyber theft allegations and accused the United States of spreading false claims to damage its image and justify hostile policies. North Korea-linked actors have been frequently connected to large-scale crypto hacks, thefts, and laundering operations in recent…

Kraken parent sues ex-custodian Etana over alleged $25M “Ponzi scheme”

Summary Kraken’s parent company, Payward, has filed a second amended complaint in Colorado federal court accusing former custody partner Etana Custody and its CEO of misappropriating more than $25 million in client funds. The suit alleges Etana ran a “Ponzi…

SOL Strategies acquires HoudiniSwap in $18M deal to expand Solana infrastructure

SOL Strategies agreed to acquire HoudiniSwap for $18 million, adding a privacy focused cross chain swap aggregator as the public company expands its Solana infrastructure strategy beyond staking. HoudiniSwap generated about $13 million in revenue in 2025, with more than…

Pavel Durov Announces TON Integration: What His Message Means for You

Telegram CEO Pavel Durov announced on May 4, 2026, that Telegram will replace the TON Foundation as the driving force behind the TON blockchain – and will become its largest validator. Toncoin responded immediately, trading at $1.432, up +6.31% at…

The Next Sensation or ‘Top Scam Coin?’

Almost 62% of the coin’s supply is controlled by the top 10 holders, which is generally viewed as a red flag. Numerous leading cryptocurrencies have entered green territory over the past week, yet their gains can’t be compared to…

DeFi Development launches $200M ATM to keep buying Solana

Nasdaq-listed DeFi Development Corp has launched a $200M at-the-market equity program, pledging to issue stock only when it boosts “SOL per share” and fuels its Solana reserve strategy. Summary Nasdaq-listed Solana treasury vehicle DeFi Development Corp has launched a $200…