Crypto News

Tonight’s crypto tape is a mix of old‑school finance going on‑chain, regulators sharpening their knives, and Ethereum quietly turning into Wall Street’s favorite blockchain. Let’s start in New York, where Attorney General Letitia James just sent another warning shot to the industry. Crypto platform Uphold agreed to a $5 million settlement over how it marketed CredEarn, a third‑party yield product that turned out to be fraudulent. The AG says Uphold hyped the product as safe and compliant while customers were taking on far more risk than advertised. The kicker: the platform now has to repay misled users far more than it made from the product. The message is clear – if you’re selling yield to U.S. consumers, especially in New York, expect your marketing blurbs to be treated like legal promises. Ethereum (ETH), meanwhile, is having a very different kind of evening. The price has been grinding in the $2,300–$2,350 range, staring down resistance around $2,387 as bulls eye $2,400. Be...

If tonight’s crypto tape feels a little confusing, you’re not alone. Under the surface of mixed prices and shaky sentiment, a handful of players are quietly reshaping how money, regulation, and even AI plug into this market. Let’s start with the one name that just won’t leave the Bitcoin (BTC) conversation: Michael Saylor. New data from CryptoQuant shows corporate demand for bitcoin treasuries has basically turned into a one-man show. Saylor’s firm Strategy scooped up about 45,000 BTC over the last month, while all other corporates combined managed roughly 1,000 BTC. A year ago, they held 95 percent of that segment’s buying; now they’re down to just 2 percent. In other words, corporate “stacking sats” has turned into “Saylor stacks, everyone else watches.” That concentration comes at a tense time for the broader macro picture. Bitcoin has been slipping as markets juggle rising recession odds, an oil shock, and simmering tensions with Iran. Trump’s 10‑day “pause” on attacks hasn...

Tonight’s crypto tape had a bit of everything: hacks, regulators linking arms, Wall Street doubling down, and a meme coin launchpad learning the hard way why domain security matters. Let’s dive in. One of the more jarring stories came from the Solana meme coin corner. Bonk.fun, a launchpad tied to Bonk (BONK), saw its domain hijacked and its team account compromised. Attackers slipped in a fake “terms of service” prompt that actually hid a wallet-draining contract. Browsers started throwing up phishing warnings, but not before some users signed and lost funds. It’s a rough hit for a platform already fighting for relevance in a crowded meme ecosystem, and a reminder that slick UX doesn’t matter if DNS and account security aren’t locked down. In more grown-up DeFi news, Across Protocol (ACX) is floating a bold shift: moving from a DAO to a U.S. C‑corp. The plan on the table would let ACX holders swap their tokens for equity in a new company or take a USDC buyout with a 25% pr...