Strategy CEO Phong Le sells 3,299 shares for over $456,000
Phong Le, president and CEO of Strategy, who oversees both the enterprise analytics business and the corporate Bitcoin treasury operations, sold 3,299 shares of the company’s Class A common stock this week, according to a recent SEC filing. The shares…
Where Is ETH Headed If $2K Support Is Lost for Good?
Ethereum’s recovery attempt is losing momentum again. The price is slipping back after failing to sustain strength near the key $2.4k resistance zone. The broader context remains a market trying to stabilize after a sharp downtrend, but repeated rejections on…
Firelight pushes XRP into DeFi cover as staked total tops 50M
Firelight said it is preparing an on-chain protection layer backed by staked XRP as DeFi projects face renewed security pressure. Summary Firelight surpassed 50 million staked XRP after whale deposits and expanded capacity for FXRP vaults. The protocol plans a…
Brazil enacts new law to convert seized crypto into public funds
Brazilian President Luiz Inácio Lula da Silva signed Law No. 15,358, which gives judges the authority to freeze, seize, and forfeit crypto and other assets connected to criminal organizations. The law, also known as the Legal Framework for Combating Organized…
Improving XRP Has Become Ripple’s North Star
Garlinghouse said the company is still mainly focused on making XRP more useful and trusted. Speaking to Fox Business at a recent conference in Miami, Ripple’s CEO praised the company’s progress over the past year, especially some of the…
XRP traders watch April as open interest jumps 15%
XRP traded near $1.34 on March 28, with a 24-hour trading volume of about $2.24 billion and a market cap near $82.04 billion. Summary XRP held near $1.34 as traders watched April seasonality and a key $1.80 resistance level. CryptoQuant…
Tether launches XAUt on BNB Chain as gold trading moves deeper into crypto
Tether has launched Tether Gold, XAUt, on BNB Chain, expanding access to its tokenized bullion product as traders continue looking for ways to hold and trade gold inside crypto markets. The rollout adds XAUt to one of the industry’s biggest…
Elizabeth Warren presses Commerce over Bitmain security review
Senator Elizabeth Warren has asked the US Commerce Department to explain how it is handling reported security concerns tied to Bitmain, the Chinese company that makes much of the world’s Bitcoin mining equipment. Summary Warren asked Commerce for records on…
Binance Australia hit with multimillion-dollar penalty after retail investor losses
Binance Australia Derivatives, operated by Oztures Trading, has been fined $6.9 million after a court found it incorrectly classified over 85% of its clients as wholesale investors between July 2022 and April 2023, according to a Friday press release published…
UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs
Goods offered on Xinbi included stolen personal data, money laundering tools, and satellite equipment to contact fraud victims. Britain’s Foreign, Commonwealth and Development Office (FCDO) has sanctioned the Chinese-language crypto marketplace Xinbi, which blockchain analytics firm Chainalysis says processed…
