Category: crypto
-

US soldier faces DOJ charges over Maduro prediction bets
The U.S. Department of Justice has charged Army soldier Gannon Van Dyke for trading on Polymarket using classified information related to the capture of Nicolás Maduro. Van Dyke allegedly made over $400,000 from the trades. The case has raised concerns about insider trading on prediction markets and potential risks to national security.
-

China-linked AI firms face US scrutiny over model theft
The Trump administration plans to combat unauthorized copying of American artificial intelligence technology by foreign entities. The White House warned that foreign actors, mainly from China, are using proxy accounts and jailbreaking methods to extract capabilities from US AI models. This poses a threat to national security and economic power.
-

Morgan Stanley launches stablecoin reserve fund tied to money market portfolio
Morgan Stanley has launched a stablecoin reserve portfolio that allows issuers to place backing assets into its money market fund, earning yield without compromising liquidity. The fund, with a $10 million minimum and 0.15% fee, is compliant with the GENIUS Act and part of the bank’s digital asset strategy.
-

U.S. DOJ freezes $701M in crypto tied to global scam networks
U.S. authorities have frozen $701 million in cryptocurrency linked to investment scams targeting Americans, dismantling recruitment channels and fake investment websites. Funds were restrained through legal action and coordination with crypto exchanges. Efforts led by the Scam Center Strike Force aim to return funds to victims whenever possible. Outside the U.S., similar operations have been…
-

Kelp’s $292M exploit sparks 2008-style DeFi risk debate
Kelp DAO’s $292 million exploit revealed hidden risks in liquid restaking and DeFi lending markets. Aave, SparkLend, Fluid, and Lido took measures to control risk after the incident. The exploit involved layers of assets similar to the 2008 financial crisis, leading to concerns about interconnected DeFi protocols and the need for transparency and risk assessment.
-

Trump confirms attendance at Mar-a-Lago gala for top TRUMP memecoin holders
President Trump will attend a private gala for top TRUMP memecoin holders at Mar-a-Lago. Entry is limited to the top 297 wallets, with a private reception for the top 29 investors. Lawmakers have raised concerns about access to the president being tied to financial participation in the token. Token buying has intensified ahead of the…
-

U.S. sanctions Cambodian senator Kok An over alleged crypto scam network
The U.S. Treasury has sanctioned Cambodian senator Kok An and a network of 28 entities for their involvement in a large-scale crypto scam and trafficking-linked operation. Kok An is accused of enabling scam centers run by organized crime groups, with illicit proceeds laundered through casinos and other businesses. The crackdown extends to Southeast Asia, targeting…
-

Mantle proposes 30,000 ETH loan to help Aave cover bad debt
Mantle proposed a 30,000 ETH loan to Aave to cover bad debt from Kelp DAO exploit, using Mantle Treasury funds and Lido staking APR for yield. Aave would secure it with revenue and $11M AAVE tokens. Bybit supports the proposal, aiming to help Aave recover from losses and strengthen the DeFi industry.
-

Japan’s Metaplanet doubles down on Bitcoin with $50M bonds
Metaplanet issued 8 billion yen in zero-interest bonds to fund Bitcoin purchases, with EVO Fund fully subscribing to the sale. With 40,177 BTC as of March 31, Metaplanet is Japan’s largest Bitcoin holder. Despite a $619 million loss in 2025, the company remains committed to its Bitcoin-focused strategy.
-

Blockchain Capital eyes $700M raise across early and growth crypto funds
Blockchain Capital is raising $700 million across two funds for early-stage and growth crypto startups. Deal sizes are increasing by 50% even as total funding in April dropped to $466 million. The firm’s reputation is strong with a $2 billion portfolio and early investments in major industry players.