Key Takeaways: White House crypto adviser Patrick Witt said news on the Strategic Bitcoin Reserve, covering its operations and the legal framework around it, will be released soon. Witt confirmed the executive branch can take a “big step forward” without waiting for congressional legislation, though a bill will ultimately be required to lock the reserve…
Key Takeaways: Zetachain paused cross-chain transactions on Tuesday after an exploit targeting the GatewayZEVM contract’s call function hit internal team wallets. Slowmist identified the root cause as a missing access control and input validation in the call function, allowing any user to trigger malicious cross-chain calls without authorization. The incident marks the second major cross-chain…
IgniteTax AI, an artificial intelligence platform designed specifically for Philippine tax compliance, launched on April 16, 2026. The tool targets tax professionals, business owners, freelancers, educators, and students. The introduction of localized tax compliance tools coincides with the Bureau of Internal Revenue’s (BIR) recent initiatives to increase tax enforcement across the digital economy, including online…
Key Takeaways: Luxor Technology expanded LuxOS firmware to MicroBT Whatsminer miners, covering select M50 series models. MicroBT’s investment manager ITL signed a term sheet alongside a $100M Luxor hardware purchase commitment. Whatsminer fleets gain Power Targeting and faster curtailment recovery, with broader model support planned. Luxor Extends LuxOS to MicroBT’s Whatsminer M50 Series The Seattle-based…
The Bureau of Internal Revenue (BIR) and the Presidential Anti-Organized Crime Commission (PAOCC) met to discuss the use of data and blockchain analytics regarding tax compliance among online sellers and emerging payment channels. The meeting involved BIR Commissioner Charlito Mendoza, PAOCC Undersecretary Benjamin Acorda Jr., and Assistant Commissioner James Roldan. The discussion centered on tax…
Key Takeaways: $344M USDT freeze exposed a multi-step crypto pipeline across Iran-linked networks. Chainalysis traced wallet activity tied to the Central Bank of Iran network. Stablecoins remain central to Iran-linked networks using brokers, DeFi, and intermediaries. Iran-Linked Stablecoin Flows Come Under Sanctions Scrutiny Sanctions enforcement tied to Iran’s crypto activity is intensifying after a major…
Key Takeaways: Warren and Van Hollen challenged SEC guidance they say could narrow crypto investor protections. The letter warns oversight may weaken across token categories, staking, mining, wrapping, and airdrops. Atkins faces a May 8, 2026, deadline as Congress weighs crypto market structure legislation. SEC Crypto Guidance Raises Investor Protection Concerns Senate Democrats warned on…
Key Takeaways: Fidelity Digital Assets rates bitcoin’s Q1 2026 NUPL score at 0.21, placing BTC in the cautious “Hope-Fear” zone. BTC, ETH, and SOL fell 25%, 31%, and 38% year-to-date, driven partly by $2.56B in January liquidations. Ethereum’s stablecoin transfer value hit an all-time high above $18 trillion, signaling real-world utility growth in Q2 2026….
Key Takeaways: Bitfinex analysts say bitcoin must break $80,000 to exit consolidation and confirm a durable bullish regime. Spot exchange-traded fund (ETF) inflows hit $2.1 billion across 8 sessions as Strategy continues buying, creating absorption, not expansion. Tether froze $344 million in USDt with U.S. authorities, signaling stablecoins are now programmable enforcement tools. Bitcoin Traders…
Key Takeaways Bitcoin fell below $77,000 on April 27 as optimism regarding an Iranian peace proposal faded rapidly. Bitstamp data showed $454 million in liquidations as bitcoin decoupled from flat U.S. and European stocks. The Trump administration may be amenable to the Iranian offer because it reopens the Strait of Hormuz and helps avoid a…
