Category: crypto
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Michael Saylor fires back as STRC crash sparks fraud claims
Michael Saylor defended Strategy’s Bitcoin strategy as their STRC stock fell below par value. Peter Schiff questioned the company’s promotion of STRC shares. Jeff Dorman suggested selling up to $4 billion in Bitcoin. Strategy’s Bitcoin and cash reserves exceed their debt by $48 billion. Supporters reject comparisons to Terra.
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Bio Protocol launches AI research hub to challenge grant gatekeepers
Bio Protocol has launched OpenLabs, a platform that combines AI-assisted research development, community funding, and on-chain governance, raising over $33 million in capital. The platform allows researchers to seek funding through community voting and aims to streamline the scientific research funding process. OpenLabs was presented during DeSci.Berlin 2026.
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Ian Cohen battles $238B Bitcoin grab targeting Satoshi wallets
Attorney Ian R. Cohen opposes efforts to revive a lawsuit seeking control of 3.8 million Bitcoin worth $238 billion, including wallets linked to Satoshi Nakamoto. Cohen argues that dormant Bitcoin wallets are not abandoned property under New York law, and recent activity in some of the wallets challenges claims of abandonment.
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SpaceX creates new billionaires after Elon Musk tops $1 trillion
Elon Musk’s net worth exceeded $1 trillion after SpaceX’s IPO, creating new billionaires among the company’s early investors, executives, and backers. The IPO raised billions for investors like Valor Equity, Founders Fund, and Alphabet. Employees like Gwynne Shotwell and Bret Johnsen also saw their wealth increase after the IPO.
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Charles Schwab challenges Kalshi with new S&P 500 prediction market
Charles Schwab has partnered with Cboe Global Markets to introduce S&P 500 prediction-style options contracts. The new product will allow investors to take positions on where the benchmark U.S. stock index will finish. Schwab is also expanding its crypto services for both retail investors and financial advisors.
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Amazon walks away from Sam Altman movie before OpenAI IPO
Amazon has decided to withdraw from distributing the Sam Altman biopic “Artificial” as OpenAI gets closer to a potential public listing. This decision comes as OpenAI continues to expand its enterprise business, including a major rollout with BBVA. The film features Altman and Elon Musk in a less favorable light.
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Axelar shuts down Secret Network bridge routes after $4.7M exploit
Axelar disabled its Secret Network bridge connections following a security incident that resulted in the loss of approximately $4.7 million in bridged assets. The exploit was linked to a Secret-side ICS-20 contract. The company’s core protocol was not affected, and investigations are ongoing. Other recent crypto security breaches have had wide-ranging consequences.
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GoMining launches Bitcoin commerce tool that cuts out fiat
GoMining has introduced GoBTC Pay SDK and API for merchants to accept Bitcoin directly with a 0.2% processing fee. Transactions settle on the Bitcoin network without fiat conversion. The platform aims to make Bitcoin payments easier for businesses and wallet providers while competing with traditional card payment costs.
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Mert crowns Zcash as Bitcoin faces Europe privacy backlash
Zcash is gaining attention due to discussions on Europe’s crypto compliance rules. Analysts debate if every Bitcoin transaction will need ID verification under EU regulations. ZEC trades near $451, with technical analysts watching the $440 support level. EU plans €10,000 cash payment limit by 2027, sparking privacy concerns in crypto market.
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EU targets privacy coins while leaving Bitcoin transfers untouched
The European Union has approved anti-money laundering rules that will ban regulated crypto firms from supporting privacy coins starting July 2027, while leaving direct Bitcoin transfers between private wallets outside mandatory identification requirements. The regulation also introduces a €10,000 cash payment cap and stricter KYC rules for crypto transactions.