Russian authorities have dismantled a covert mobile crypto mining operation hidden inside a KamAZ truck, which was illegally drawing electricity intended for a small village in Buryatia. The scheme was uncovered during a routine inspection of regional power lines in the Pribaikalsky District, where utility workers detected unusual load patterns. Upon investigation, they discovered a
Tommy Argo
NBA icon Shaquille O’Neal has agreed to a $1.8 million settlement in a class action lawsuit stemming from his promotion of FTX, the now-defunct crypto exchange. The settlement, which awaits court approval, represents one of the first major resolutions among a group of celebrity endorsers who were named in lawsuits following FTX’s collapse. The suit
Shaq to Pay $1.8M to Settle FTX Lawsuit
A wave of updated S-1 filings landed on the SEC’s desk Friday, as several major investment firms intensified their push to launch the first spot Solana (SOL) exchange-traded fund in the U.S. Among those submitting amendments were Franklin Templeton, VanEck, and Galaxy Digital—signaling renewed momentum and a potential regulatory greenlight ahead. Grayscale also joined the
Solana ETF Issuers Revise Filings, Hinting at Approval
In a sweeping rollback of Biden-era financial oversight, the U.S. Securities and Exchange Commission (SEC) has formally abandoned several proposed rules targeting the cryptocurrency industry—most notably, provisions that would have expanded the agency’s authority over decentralized finance (DeFi) and tightened crypto custody regulations. Among the rescinded measures was the controversial Rule 3b-16 amendment, which sought
SEC Reverses Biden-Era Crypto Rules in Major Rollback
In a renewed effort to close the curtain on their long-running legal feud, Ripple and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion proposing a $125 million resolution to end the case once and for all. The latest court filing, submitted on Thursday to the Southern District of New York, asks
Ripple and SEC Seek Final Deal to End Five-Year Battle
In a prerecorded message aired at Coinbase’s State of Crypto Summit in New York, President Donald Trump reiterated his administration’s commitment to building a national crypto policy. The video, which marks his second direct address to a digital asset audience since taking office in January, outlined both executive and legislative efforts to cement the U.S.
President Trump Speaks at Coinbase Summit, Emphasizes “Crypto Capital” Ambitions
Swedish health-tech firm H100 Group AB saw its stock rocket 45% on Wednesday following the announcement of a successful 101 million SEK (~$10.6 million) capital raise—funds the company plans to use to significantly expand its Bitcoin holdings. The move positions H100 as the latest in a fast-growing cohort of publicly traded companies embracing Bitcoin as
Swedish Health-Tech Firm Soars 45% on Bitcoin Treasury Move
Ethereum spot ETFs in the U.S. saw a dramatic surge in investor interest on Wednesday, pulling in over $240 million in net inflows—eclipsing the $164.5 million recorded by their Bitcoin counterparts. This marks the 18th straight day of positive flows into Ethereum-based ETFs, reinforcing the asset’s growing appeal among institutional players. Leading the charge was
Ethereum ETFs See $240M Inflows, Surpass Bitcoin
Binance has officially launched its full crypto services in Syria, becoming one of the first major global exchanges to do so following the recent lifting of U.S. and EU sanctions. Syrian residents can now access Binance’s platform to trade over 300 digital assets, including Bitcoin, XRP, Toncoin, and a range of stablecoins, according to the
Binance Launches Crypto Services in Syria as Sanctions End
GameStop shares took another hit late Wednesday, tumbling 11.7% in after-hours trading following the announcement of a $1.75 billion private convertible senior note offering. The sharp drop added to an already rough week for the meme stock darling, which had fallen 5.3% earlier in the day after reporting a 17% year-over-year revenue decline in its
GameStop Tanks After $1.75B Debt Plan Follows Q1 Miss
Bitcoin’s social sentiment has surged to levels not seen since the 2024 U.S. presidential elections, signaling renewed optimism across crypto communities as the asset continues testing price thresholds above $110,000. According to data from crypto analytics platform Santiment, discussions surrounding Bitcoin have tilted sharply bullish in recent days. On June 11, the ratio of positive
Bitcoin Sentiment Hits 7-Month High as Bulls Eye $112K
Bullish, the cryptocurrency exchange backed by tech billionaire Peter Thiel, has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering, according to sources cited by the Financial Times. The move marks the firm’s second attempt to enter public markets after its 2021 SPAC merger deal collapsed amid