Bitcoin Depot Shuts ATM Network as Chapter 11 Pushes Asset Sale

Key Takeaways Bitcoin Depot began Chapter 11 to wind down operations and sell company assets. Regulatory pressure has tightened BTM rules through transaction limits, licensing, and compliance obligations. International entities will follow separate proceedings as the asset sale process continues. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced…

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21,911 SOL Dumped After 2 Years

Key Takeaways A solana holder lost $1.05M selling 21,911 SOL despite earning $145K in staking rewards over two years. Solana’s 5.86% APY failed to offset a 64% price decline from the $294 all-time high hit in January 2025. SOL trades near $84 at press time; institutional demand has held firm even as retail holders absorbed…

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Crypto Bridge Exploits Hit $328.6M in May as Peckshield Tracks 8 Major Incidents

Key Takeaways Peckshield tracked 8 bridge exploits through mid-May 2026, with $328.6M drained cumulatively from cross-chain protocols. KelpDAO’s $300M Layerzero breach and Drift’s $200M+ attack made April 2026 the worst-hacked month on record, per Defillama. Total 2026 hack losses surpassed $750M through mid-April; May’s Verus bridge drain adds $11.5M more. Crypto’s Worst Year for Cross-Chain…

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Clarity in a K-Shaped Economy

This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Key Takeaways Binance and CME deepened crypto-tradfi ties in 2026, widening access beyond…

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Buying Gold Bars With Crypto Leads to Arrest

Key Takeaways Authorities charged Dream Market’s Owe Martin Andresen with 12 money laundering counts for buying gold with flagged cryptocurrency. IRS CI’s tracking of $1.7M in gold bought via Bitpay proves dormant darknet crypto can be traced. Following a May 2026 raid, Andresen will next face up to 20 years in prison for each charge….

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Why Is XRP Unique? Ripple CEO Explains What Makes XRP Stand Out

Key Takeaways Garlinghouse said XRP stands out for its speed, low costs, and scalability. Ripple’s CEO highlighted three-to-five-second settlement and more than 4 billion processed transactions. Community support and payment-focused utility remain central to Ripple’s long-term XRP strategy. XRP’s Role in Payments Expands as Ripple Cites Network Strength Ripple CEO Brad Garlinghouse positioned XRP as…

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