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Latest — Thu, 4 Jun
Updated an hour ago
Lead Story · Regulation

DOJ Freezes $3.8M Crypto in Big Tech Anti-Scam Push

A coordinated effort between the US Department of Justice and major private-sector companies — including Coinbase, SpaceX, and Meta — resulted in the freezing of $3.8 million in cryptocurrency and the disruption of 1.4 million scam-linked accounts. The initiative, dubbed 'Disruption Week,' marks a notable expansion of public-private

By Dose/ Regulation/ an hour ago

TL;DR Today

Quick reads
Markets 22:46

Bitmine Launches 9.5% Preferred Stock to Raise $300M

Bitmine, the largest Ethereum treasury company co-founded by analyst Tom Lee, is issuing preferred shares carrying a 9.5% dividend yield to raise up to $300 million in fresh capital. The move mirrors the financing strategy pioneered by Michael Saylor's Strategy, which has repeatedly used preferred stock and

1 min read
Altcoins 21:01

HYPE Token Surpasses SOL Price as Solana Hits 2023 Lows

Hyperliquid's HYPE token has climbed above Solana's SOL in unit price terms, capitalizing on SOL's decline to its lowest levels since 2023. The milestone reflects growing investor interest in Hyperliquid, a decentralized perpetuals exchange, which has seen its market capitalization rise to over $16

1 min read
Markets 20:46

Bitmine's Ethereum Treasury Bet Approaches $9B Loss

Bitmine, the Ethereum treasury firm backed by analyst Tom Lee, is approaching $9 billion in unrealized losses as ETH slides below $1,800, revisiting price levels last seen in February. The company's shares have fallen to their lowest point since it pivoted its corporate strategy to accumulate Ethereum

1 min read
Tech 19:46

Blockware Names New CEO to Drive AI and Mining Expansion

Blockware has appointed Megan Brooks-Anderson as its new Chief Executive Officer, signalling a strategic shift beyond its core Bitcoin mining operations. Brooks-Anderson will lead the company's expansion into artificial intelligence and high-performance computing infrastructure, sectors that have attracted growing interest from crypto mining firms seeking to diversify revenue

1 min read
Markets 19:01

Bitcoin Weakness Tied to Momentum Rotation, Not Saylor Sales

Bitcoin's recent price decline is being driven by capital rotating out of crypto and into competing momentum trades such as AI stocks and IPOs, rather than anxiety over Michael Saylor's bitcoin disposals, according to Charles Schwab analyst Jim Ferraioli. The distinction matters because it shifts the

1 min read
Regulation 18:46

US Treasury Chief Pushes Senate to Cement Bitcoin Reserve Plans

Treasury Secretary Scott Bessent has told the Senate Finance Committee that the Trump administration is actively pursuing a Strategic Bitcoin Reserve, marking a significant step toward formalising federal Bitcoin holdings. Bessent urged lawmakers to pass both the BITCOIN Act and the Clarity Act, legislation that would legally establish and potentially

1 min read

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