Market News
Avraham Eisenberg, known for orchestrating the $110 million exploit of Mango Markets, has been sentenced to 52 months in prison—but for an unrelated crime. The sentence, handed down on May 1 by a federal judge in the Southern District of New York, follows Eisenberg’s conviction for possessing child sexual abuse material (CSAM). This sentencing comes
Market News
House Republicans are preparing to unveil a sweeping draft bill that could reshape how digital assets are regulated in the U.S. The legislation, expected before a May 6 congressional hearing, is intended to provide a comprehensive framework for crypto oversight. The initiative is led by senior Republicans on the House Financial Services and Agriculture Committees—Reps.
Market News
OpenAI CEO Sam Altman has officially launched his biometric crypto project World in the United States, marking a major expansion into one of the world’s most closely watched crypto markets. Previously known as Worldcoin, the rebranded platform is now live in six cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, the company announced
Opinion
In a world where crypto is constantly trying to prove its legitimacy, calling Bitcoin a “meme coin” might sound like heresy. But for Byron Gilliam, a seasoned trader turned Blockworks writer, it’s not an insult — it’s a compliment. “Bitcoin has reached escape velocity, so that its meme value is genuine and lasting, and I
People in Crypto
Byron Gilliam is not your average newsletter writer. With a career spanning nearly three decades in equity trading across some of the world’s most respected financial institutions, he brings Wall Street-grade insight to a crypto industry often saturated by hype and speculation. Now a full-time market strategist and writer at Blockworks, Byron has carved out
Market News
Anthony Pompliano, a well-known figure in the crypto world, has filed to raise $200 million for a new SPAC (special purpose acquisition company) targeting fintech and digital asset startups. The vehicle, called ProCap Acquisition Corp., will list on the Nasdaq under the ticker “PCAPU”, according to filings with the U.S. Securities and Exchange Commission this
Market News
North Carolina’s House of Representatives has passed the “Digital Assets Investment Act” (HB92), a landmark bill that would allow state-level investment in digital assets. The legislation now moves to the Senate for further review and signals growing momentum for crypto adoption in state finance. Spearheaded by Republican House Speaker Destin Hall, the bill authorizes the
Market News
Japanese investment firm Metaplanet Inc. is expanding its Bitcoin-focused strategy with the launch of a U.S. subsidiary in Florida, aiming to raise up to $250 million in capital. The move strengthens the company’s position in the global Bitcoin economy and provides greater access to U.S. institutional investors. The new entity, Metaplanet Treasury Corp., will serve
Market News
Canada’s incumbent Prime Minister, Mark Carney, has secured a decisive mandate after defeating Conservative leader Pierre Poilievre in Monday’s federal election—a result likely to reshape the country’s approach to cryptocurrency regulation and digital assets. Carney, a former Bank of England governor and vocal Bitcoin critic, assumed leadership of the Liberal Party in March following Justin
Market News
Nasdaq has submitted a formal request to the U.S. Securities and Exchange Commission (SEC) for a rule change that would allow it to list a spot Dogecoin exchange-traded fund (ETF) from crypto asset manager 21Shares. The filing was made under the SEC’s 19b-4 rule, a standard requirement for proposed listing changes, though it does not
People in Crypto
From early investments in crypto’s chaotic boom cycles to co-founding one of Web3’s most sophisticated and transparent secondary market platforms, Omar-Shakeeb has carved out a reputation as a quiet builder with an eye for long-term value. Today, as Co-Founder and Chief Business Development Officer of SecondLane, Omar leads strategic partnerships and complex deal executions, building
Market News
Decentralized exchange aggregator 1inch has officially launched on Solana, advancing its goal of building a unified multichain DeFi ecosystem. The integration allows users to swap over one million Solana-based tokens via the 1inch decentralized application (DApp), with optimized rates, MEV protection, and open-source smart contracts. The launch also introduces 1inch’s Fusion protocol to Solana. Fusion
