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U.S. President Donald Trump pushed back on claims that he is profiting from his newly launched memecoin in a new interview with NBC News on Sunday. Donald Trump Dismisses Memecoin Controversy Speaking on “Meet The Press” on May 4, Trump refuted allegations that he has been turning a profit from his namesake memecoin, $TRUMP, which…

Key Takeaways: The U.S. Treasury sanctioned Burma’s Karen National Army and its leaders for allegedly running crypto scam syndicates and human trafficking networks that generated billions in victim losses. The KNA’s territory became a hub for “pig butchering” scams, where trafficked people were forced to defraud victims online. These sanctions mark a major escalation in…

Key Takeaways: The SEC will host a public roundtable on tokenization on May 12 to gather input on integrating blockchain-based assets with traditional financial systems. The event is part of a broader effort by the SEC to inform regulatory policy as digital asset infrastructure evolves. A separate DeFi-focused roundtable has been rescheduled for June 9….

Binance Coin ($BNB) is currently trading at $595.32, posting a modest 1% gain after briefly dipping to an intraday low of $584.61. The slight uptick follows Binance founder Changpeng Zhao’s announcement on May 4 of a strategic partnership with Kyrgyzstan to launch a nationwide crypto payments infrastructure, initiate blockchain education programs, and establish strategic reserves…

Solana (SOL) has faced some short-term pressure, slipping 4.2% over the past week as the broader market took a breather. However, trading volume has jumped 19.4% in the past 24 hours – a sign that interest is ramping up even as the price edges down 0.7%. Momentum may be building for a breakout, especially with…

XRP (XRP) is down 2% in the past 24 hours, currently trading at $2.14 after a weekend pullback across the broader crypto market. While recent whale activity – including a 29.5 million XRP transfer to Coinbase valued at $64.4 million – might suggest short-term pressure, it could also signal strategic repositioning ahead of a major…

Key Takeaways: Bybit will support trading of U.S. stocks and commodities by mid-2025. The platform’s security overhaul follows a $1.5 billion hack. AI tools and 500x leverage target high-risk traders. Crypto exchange Bybit is expanding beyond digital assets to offer trading in traditional financial instruments like U.S. stocks and commodities. CEO Ben Zhou revealed the…

MicroStrategy (MSTR), the business intelligence firm led by executive chairman Michael Saylor, continues its aggressive bitcoin acquisition strategy with the latest purchase of 1,895 BTC for approximately $180.3 million. Strategy has acquired 1,895 BTC for ~$180.3 million at ~$95,167 per bitcoin and has achieved BTC Yield of 14.0% YTD 2025. As of 5/4/2025, we hodl…

Key Takeaways: Indonesia suspends the World project due to unregistered iris-scanning operations. Using shell entities for licensing violates Indonesian digital laws. Users question the ethics of trading biometric data for crypto rewards. Indonesia has suspended the operating certificates of Sam Altman’s digital identity venture, World (formerly Worldcoin), after investigators flagged registration irregularities and “suspicious activity”…

Stablecoin issuer Tether is moving deeper into artificial intelligence with the upcoming launch of Tether AI, an open-source AI platform built to run on a decentralized, peer-to-peer network. The upcoming artificial intelligence will feature payments in major cryptocurrencies, including USDt and Bitcoin. Tether Enters AI Race with Decentralized, Crypto-Powered Platform The project, teased by Tether…