France Scraps Dangerous Reporting Rule, Pension Fund Buys MSTR, And More
This week’s crypto stories spanned enforcement, mining, regulation, adoption, and institutional flows. Chainalysis traced Iran-linked stablecoin routing behind a major USDT freeze, while Riot continued its steady BTC sales to NYDIG. France dropped a proposed self-custody reporting rule, Binance argued…
Worker Wins Landmark AI Substitution Case in China
Key Takeaways: The Hangzhou Court ruled that replacing Zhou with an AI model didn’t justify his forced termination. This decision sets a vital precedent in China, the 2nd top AI nation, in dealing with AI-driven layoffs. Xinhua’s Wang Tianyu noted…
Stables CEO Says Migrant Flows Favor USDT, Driving 60% Cross-Border Dollar Demand
Key Takeaways: Bernardo Bilotta notes Asia handles 50% of global stablecoin flows, but banks fear regulatory risk. Tether and eStable now enable local coin issuing for Stables to bridge the 99% USD market dominance. By 2026, local stablecoins will likely…
Starlink Usage Turns Fatal in Iran Internet Blackout
Key Takeaways: Iran’s 64-day digital blockade led to the death of Hesam Alaeddin for allegedly using Starlink. Netblocks reports 1% connectivity, costing Iran over $2.5B according to the Chamber of Commerce. Despite 4 April arrests, Iranians keep risking thousands to…
90% of US Crypto Traders Surveyed Fear Dollar Purchasing Power Drop – Bitcoin News
Key Takeaways: 90% of surveyed traders fear the dollar will lose purchasing power. 49% increased crypto holdings since January amid rising inflation concerns. 73% expect crypto to play a larger global financial role. Inflation Concerns Drive Crypto Allocation Changes Rising…
NY AG Secures $5M From Uphold to Compensate Crypto Investors
Key Takeaways: Uphold will pay more than $5 million to customers tied to CredEarn losses. Regulators said CredEarn was presented like savings while relying on risky lending activity. Next, Uphold must strengthen due diligence, register as a broker, and distribute…
MegaETH Token MEGA Falls 38% in 72 Hours After Binance and Coinbase Listings
Key Takeaways: MEGA token launched on Binance, Coinbase, and a dozen other exchanges on April 30, dropping -38% from its $0.225 ATH within 72 hours. MegaETH TVL climbed toward $600M despite MEGA trading near $0.138, signaling onchain strength decoupled from…
Trump’s WLFI Sells 5.9 Billion Tokens to Private Buyers, Leaving Early Investors Locked Out
Key Takeaways: WLFI sold 5.9 billion tokens privately without disclosing buyers, sending the token to an all-time low. Early investors who bought WLFI at $0.05 remain locked out of 80% of their holdings as of May 2026. WLFI is pushing…
Paradigm Researcher Proposes PACTs to Shield Dormant Bitcoin From Quantum Computing Risk
Key Takeaways: Paradigm’s Dan Robinson proposed PACTs on May 1, 2026, offering bitcoin holders a free, private way to timestamp address control before quantum threats arrive. Over 1.1 million BTC worth roughly $75 billion in Satoshi-linked wallets face exposure if…
ZachXBT Exposes US Law Firm Gerstein Harrow’s $71M Grab of Stolen Lazarus Funds
Key Takeaways: ZachXBT named Gerstein Harrow LLP for filing fake DPRK claims to seize $71M in frozen KelpDAO funds. Lazarus Group has stolen over $6 billion since 2017 and caused 76% of all 2026 crypto hack losses. ZachXBT has proposed…
