The company said its strategy no longer aligns with the direction of the industry On-chain analytics company Parsec has announced it is shutting down after five years in operation. The firm shared the news on X, marking the end of a business that launched during the last major crypto boom. Leadership said shifting market conditions
Senator Bernie Moreno is optimistic that support for the bill is growing A key lawmaker says the US CLARITY Act could clear Congress by April, offering long-awaited rules for the crypto sector. Senator Bernie Moreno shared that timeline during a CNBC interview in Florida, signaling growing momentum behind the proposal. The bill is designed to
If cleared, these ETFs would bring prediction-style trading into mainstream brokerage accounts Bitwise Asset Management and GraniteShares have filed paperwork with the US Securities and Exchange Commission to introduce a new type of exchange-traded fund tied to US election outcomes. The products would track political event contracts rather than traditional stocks or bonds. Bitwise plans
The burger-to-Bitcoin approach has delivered measurable growth at the register Steak ‘n Shake says its decision to accept Bitcoin has delivered strong business results. The burger chain began rolling out Bitcoin payments in May 2025, directing every crypto transaction into a corporate treasury reserve. Nine months ago today, Steak n Shake launched its burger-to-Bitcoin transformation
Part of the agreement will see Apollo strengthening onchain lending markets built on Morpho’s protocol Apollo Global Management is expanding its footprint in digital assets through a new agreement with decentralized lending protocol Morpho. The partnership was announced by the Morpho Association, the nonprofit group that supports the DeFi platform’s development and governance. Under the
Victims may qualify for restitution in the $200-million theft between 2019 and 2021 A federal judge in Virginia has sentenced Ramil Ventura Palafox, founder of Praetorian Group International, to 20 years in prison for running a large cryptocurrency Ponzi scheme. Prosecutors said the operation collected more than $200 million from investors between 2019 and 2021.
Leaders of the disgraced exchange have either already been sentenced or face sentencing Peer-to-peer crypto marketplace Paxful has been ordered to pay a $4 million penalty after admitting it benefited from criminal activity on its platform. The US Justice Department said the company pleaded guilty in December to charges tied to promoting illegal prostitution, transmitting
ECB is currently in a preparation phase, with a possible pilot targeted for 2027 The European Parliament has voiced strong support for the European Central Bank’s plan to introduce a digital euro. Lawmakers approved the ECB’s annual report by a wide margin, signaling political backing for the project during a period of rising global tension
The token structure is designed to prevent insiders from profiting ahead of users Crypto exchange Backpack says it plans to introduce a new token with a total supply of 1 billion, tying its release schedule to the company’s long-term goal of going public in the United States. The announcement was shared yesterday on X and
France has become a major hotspot for so-called cryptocurrency wrench attacks French authorities have arrested seven people, including a minor, in connection with a crypto-linked kidnapping that targeted the family of a cryptocurrency entrepreneur. The case involves the abduction of a 35-year-old magistrate and her 67-year-old mother, who were taken in an apparent attempt to
By narrowing its focus, the company appears to be betting that a US-centered strategy will offer a clearer path forward Crypto exchange Gemini has announced plans to scale back its international footprint, confirming it will exit the UK, European Union, and Australia. The move comes alongside a workforce reduction of roughly 25%, signaling a sharper
The US Treasury will safeguard what it already holds but will not act as a buyer of last resort for Bitcoin markets The US Treasury Department has clarified its role in the government’s Bitcoin strategic reserve during a recent congressional hearing. Treasury Secretary Scott Bessent told lawmakers that the federal government will keep Bitcoin obtained
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