Jesse is an engineering graduate and former business owner with hands-on experience in the crypto space. After running her own business, she transitioned into researching and writing about blockchain technology, decentralization, and the future of digital economies. Having worked with various crypto projects, she offers valuable insights into the expanding Web3 ecosystem.
Market News
Goldman Sachs has significantly expanded its stake in BlackRock’s iShares Bitcoin Trust (IBIT), increasing its holdings by 28% amid a historic surge of inflows into the fund. The move cements Goldman’s position as IBIT’s largest known institutional holder, signaling growing Wall Street confidence in Bitcoin’s role as a portfolio mainstay. According to newly filed SEC
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Crypto payments are gaining real-world traction in South Korea as RedotPay officially launches its cryptocurrency-enabled debit cards, challenging legacy financial systems with real-time stablecoin transactions. The Hong Kong-based fintech firm is entering one of Asia’s most tech-savvy markets by enabling Korean consumers to spend crypto at any Visa-supported merchant nationwide. Announced on May 9 via
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UK authorities have arrested three men in connection with a large-scale crypto fraud that allegedly laundered more than $20 million through shell companies. The arrests are part of Operation Galafarm, an ongoing investigation led by the Metropolitan Police’s Economic Crime Command into rising digital asset-related scams. Officials say the suspects ran fraudulent investment schemes, promising
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A Virginia man has been sentenced to more than three decades in federal prison for operating a cryptocurrency pipeline that secretly funneled over $185,000 to ISIS operatives in Syria. The U.S. Department of Justice (DOJ) confirmed that 35-year-old Mohammed Azharuddin Chhipa was convicted on five felony counts, including conspiracy and multiple attempts to provide material
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Steak ‘n Shake is bringing Bitcoin to the burger counter. The iconic American fast-food chain announced it will begin accepting BTC at all U.S. locations starting May 16, giving over 100 million customers the option to pay for everything from steakburgers to milkshakes using the world’s leading cryptocurrency. The move follows a wave of crypto-curious
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After more than four years of litigation, Ripple Labs has officially settled its high-profile legal battle with the U.S. Securities and Exchange Commission (SEC), bringing one of the crypto industry’s most closely watched cases to a close. On Thursday, the SEC confirmed that Ripple, along with CEO Brad Garlinghouse and Executive Chairman Chris Larsen, will
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Alex Mashinsky, the embattled founder and former CEO of crypto lending platform Celsius Network, has been sentenced to 12 years in federal prison for orchestrating a scheme that defrauded customers and manipulated the company’s token, CEL. The sentence, handed down on Thursday, comes nearly two years after Celsius collapsed amid a broader wave of crypto
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In a striking act of digital retaliation, an unknown group of hackers has breached the affiliate infrastructure of LockBit—a prolific ransomware gang long feared across cyberspace—and publicly leaked nearly 60,000 Bitcoin addresses tied to its operations. The attackers left a cheeky message behind: “Don’t do crime. CRIME IS BAD xoxo from Prague,” delivering a sardonic
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Bitcoin briefly surged past the $100,000 threshold on Wednesday, marking its highest level since February and signaling renewed bullish momentum across crypto markets. The price jump followed geopolitical signals out of Washington, where President Donald Trump hinted at a forthcoming “major trade deal” and the U.S. Treasury prepared to initiate de-escalation talks with China. According
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The Federal Reserve left interest rates unchanged on Wednesday, keeping its benchmark rate anchored between 4.25% and 4.5% for the fifth consecutive month. The move, widely anticipated by markets, reflects the central bank’s cautious posture amid a shifting economic landscape shaped by inflationary pressures, labor market fragility, and geopolitical uncertainty. In its official statement, the
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Ethereum has officially activated its Pectra upgrade—the most expansive network update since the 2022 Merge—at epoch 364032 early Wednesday morning. The milestone brings 11 Ethereum Improvement Proposals (EIPs) into effect, enhancing everything from validator operations and staking efficiency to user experience and Layer 2 scalability. Following rigorous testing on the Holesky, Sepolia, and Hoodi testnets—despite
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Tokyo-based investment firm Metaplanet Inc. has expanded its Bitcoin holdings once again, purchasing 555 BTC for $49.6 million (¥7.67 billion) in a move that coincides with easing geopolitical tensions between the United States and China. The acquisition brings Metaplanet’s total Bitcoin reserve to 5,555 BTC—now worth over $482 million at current market prices. The timing
