NY Lawsuit Served a 2011 Bitcoin Wallet — Owner Moves $2.54M to Prove It’s Not Abandoned

Key Takeaways A bitcoin wallet dormant since 2011 moved 35.55 BTC on June 2, directly undermining Noah Doe’s abandoned-property claim. Galaxy Research’s Alex Thorn flagged the move, noting the address was Salomon-dusted in the $293B NY lawsuit. A New York default judgment is expected by late June 2026, though full title transfer remains legally unlikely….

Read More

Sosnick Warns Crypto’s ‘Tourists’ Are Cashing out as Bitcoin ETFs Bleed $1.42 Billion

Key Takeaways Interactive Brokers’ Steve Sosnick warns crypto bought by performance chasers will be sold by performance chasers. Spot bitcoin ETFs lost $1.42 billion last week, the third-highest weekly outflow on record. A real conviction-based rally, Sosnick argues, depends on holders who do not flee at the first AI-stock distraction. The “ Crypto Tourist” Thesis…

Read More

The Unexpected Deal Steve Jobs Offered U2 After Refusing to Hand Over Apple Shares – Bitcoin News

Key Takeaways U2 sought Apple shares in 2004; Steve Jobs rejected equity and reshaped the deal. Apple’s 2004 iPod U2 Edition boosted sales, showing product-led marketing power. Jobs’ 2004 strategy still influences brand partnerships and celebrity tie-ins today. Back in 2004, U2 tried to trade star power for Apple stock. Steve Jobs said no, then…

Read More

Solana Prepares for a Massive Tokenomics Overhaul to Slash Network Inflation

Key Takeaways Cavemanloverboy proposed SIMD-547 on Saturday, spiking some fees to curb SOL asset inflation. Zensei notes SIMD-547 could boost daily SOL burn to 64,800 tokens, sparking a deflationary market. Michael Hubbard criticized SIMD-547 to protect new Solana institutional and AI use cases. Proposed Solana Tokenomics Might Make SOL Deflationary Solana developer cavemanloverboy has introduced…

Read More

Kaia Network Integrates Yen Stablecoin JPYC, Completes Won Stablecoin Pilot with KB Financial

The Kaia DLT Foundation announced the official mainnet launch of the Japanese yen-pegged stablecoin JPYC on the Kaia blockchain to target cross-border remittances and settlements across Asia. The integration follows a separate pilot program by South Korea’s KB Financial Group, which utilized the same network to test a South Korean won-denominated stablecoin for offline payments…

Read More

Tom Lee’s Bitmine Adds 26,497 ETH, Pushing Treasury to 5.42M Coins Worth $10.85B

Key Takeaways Bitmine now holds 5,416,901 ETH worth $10.85 billion, equal to 4.49% of ethereum’s circulating supply. Tom Lee says ETH prices undervalue ethereum fundamentals, with staking revenue projected at $258M annually. Bitmine expects to reach its 5% ethereum ownership target, the “Alchemy of 5%,” sometime in 2026. A Deliberate Slowdown, Not a Retreat The…

Read More