Category: crypto

Three Democratic senators will oversee the U.S. Justice Department’s investigation into Binance for possible violations of sanctions related to Iran-linked transactions. The probe comes after reports of over $1 billion in crypto transfers being examined by federal investigators. Binance denies allegations and faces scrutiny for previous violations of U.S. laws.

The Bitcoin Policy Institute plans to review and respond to an upcoming Federal Reserve proposal that will impact how U.S. banks treat Bitcoin under international banking standards. The proposal will open a 90-day public comment period, with Bitcoin currently assigned a 1250% risk weighting under Basel rules, making it difficult for banks to provide services…

Ethereum co-founder Vitalik Buterin clarified that his massive 2021 crypto donation to the Future of Life Institute came from SHIB tokens received during the memecoin boom. He warned against centralized AI safety policies and lobbying efforts, emphasizing the importance of open-source technologies to address high-risk scenarios without geopolitical tensions.

The U.S. Treasury has sanctioned individuals and entities involved in a North Korean IT worker fraud network that generated funds through stolen identities and remote jobs. Cryptocurrency was used to launder proceeds linked to weapons programs. The sanctions aim to cut off revenue streams for North Korea’s military programs.

A whale linked to Matrixport holds $300 million in leveraged Ethereum and Bitcoin longs, with $26 million in unrealized profit, raising liquidation risk. The whale is using double-digit leverage, and a small price drop could trigger forced de-leveraging. This concentrated risk could impact the broader market and requires tighter risk controls for traders.

Trend Research withdrew 27,000 ETH from Binance and sent $150.47m in USDC back to the exchange, indicating a shift in strategy. This suggests they are positioning themselves in ETH rather than de-risking. The move is seen as a significant activity in the market and can impact liquidity and sentiment.

The Ethereum Foundation has released a new “EF Mandate” outlining its commitment to maintaining Ethereum as a censorship-resistant, open-source, and privacy-first base layer. The mandate focuses on values such as censorship resistance, open-source development, privacy, security, and user experience. It signals a zero tolerance for surveillance-chain compromises and emphasizes long-term work to protect the network’s…

Michael Saylor believes that there is a delay between when MicroStrategy buys Bitcoin and when the market reacts, indicating that corporate and ETF accumulation of Bitcoin tightens supply before the market notices. Despite macro stress, Bitcoin remains above $70k, with institutional interest shifting towards Bitcoin’s financial utility.

A large whale has taken a 20x leveraged short position on oil near $96 using 5.6M USDC on Hyperliquid, expecting prices to mean-revert due to Iran-driven spike. The trade signals a macro call on inflation and rates, potentially easing pressure on high-beta assets like Bitcoin. This move offers insights into how large on-chain participants express…

ETHDenver 2026 had fewer side events, reduced prize pools, and a focus on AI × crypto. The conference saw a shift towards AI projects, with robotics and AI products dominating the floor. Despite the changes, the builder culture remained intact, but with smaller prize pools and a focus on AI-oriented tracks. The judging process was…