The United States Department of the Treasury has sanctioned a Myanmar militia group known as the Karen National Army (KNA), accusing it of crypto-related scams and other criminal activities. According to a May 5 press release issued by the agency, the Karen National Army has been orchestrating a variety of crypto scams, including the infamous…
The Senate GENIUS Act bill, designed to establish federal rules for stablecoins, is facing resistance from key Democrats, jeopardizing the prospects for broader crypto legislation in 2025. The Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) advanced from the Senate Banking Committee in March with bipartisan support. However, nine Senate Democrats announced…
[PRESS RELEASE – Dubai, Emirates, May 5th, 2025] Pepeto, a project often referred to as the “God of Frogs,” is positioning itself as more than just another meme coin. While many meme tokens rely solely on hype and short-term trading, Pepeto is focused on building a long-term ecosystem that delivers real utility. While many meme…
The digital asset space is bracing for impact as more than $389 million worth of token unlocks are slated to hit the market this week. The unlock wave will include large, one-time cliff unlocks as well as linear, more gradually distributed unlocks. A Flood of New Supply Enters the Market Data from blockchain analytics platform…
VanEck’s filing for a fund based on Binance Coin (BNB) comes as issuers seek approval for a widening array of altcoin-based ETFs. VanEck’s filing for a fund based on Binance Coin (BNB) comes as issuers seek approval for a widening array of altcoin-based ETFs. , Business Decrypt
In an exclusive interview, Rug Radio’s Farokh Sarmad sits down with Changpeng Zhao, known by many as “CZ”, Binance’s founder and former CEO. They discuss CZ’s time in jail, its hardships and lessons, his thoughts on the second Trump presidency, and how he’s feeling about the crypto space in general. In an exclusive interview, Rug…
Lawyers for Samourai Wallet have accused the prosecution of suppressing critical evidence in its case against the mixing service’s co-founders, calling for a hearing to determine whether the case should now be tossed out in light of the alleged Brady violation. In a Monday court filing, lawyers for Samourai Wallet told Judge Richard Berman of…
Warren Buffett, the billionaire investor who helped shape Berkshire Hathaway into a global investment powerhouse, is stepping down as CEO at year-end — but his distaste for bitcoin (BTC) will likely live on at the firm. Buffett, who will remain chairman of the board, has famously described bitcoin as “rat poison squared” and a “gambling…
Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show. The ETF is designed to accumulate spot BNB (BNB) tokens and “may, from time to time, stake a portion of the [fund’s] assets through one or more trusted…
An Israeli-Russian national was arrested last week while allegedly attempting to flee Israel under a false identity, and now faces extradition to the US in connection with a major crypto hack that caused nearly $190 million in damages. Alexander Gurevich was taken into custody on May 1 at Ben-Gurion Airport just before boarding a flight…
