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Key Takeaways: Ukraine’s potential Bitcoin reserve indicates a shift toward financial self-sovereignty. The draft bill not only proposes holding Bitcoin but also opens the door for sweeping legal reforms that could define Ukraine’s digital asset framework for decades to come. With Binance leadership publicly supporting the move, Ukraine’s crypto strategy is increasingly shaped by alignment…

Billionaire investor Tim Draper is doubling down on a familiar call – $250,000 Bitcoin by 2025. He first made the prediction in 2018, and now he’s back, more bullish than ever. But while Draper’s forecast has Bitcoin bulls excited, one meme coin is positioning itself for even wilder returns: BTC Bull Token ($BTCBULL). When BTC…

Three key Democratic members of the House of Representatives are urging U.S. Treasury Secretary Scott Bessent to unseal suspicious activity reports (SARs) into “politically oriented” ventures potentially affiliated with current U.S. President Donald Trump, as revealed in a May 14 letter. House Dems Demand SARs Written by Representatives Joseph Morelle, Jamie Raskin, and Gerald Connolly,…

FTX Trading Ltd. and the FTX Recovery Trust announced today that distributions under the FTX Chapter 11 Plan of Reorganization will resume on May 30, 2025. The forthcoming round, known as the Second Distribution, will be made to eligible creditors in the Convenience and Non-Convenience Classes who have completed all required steps, including KYC verification,…

Key Takeaways: Telegram’s encryption allowed Haowang to process $27 billion in illicit USDT trades. Huione Group’s sanction-evading stablecoin (USDH) laundered $4 billion for criminal networks. Over 30 similar Telegram marketplaces remain active despite crackdowns. On May 13, Haowang Guarantee, a Telegram-based platform dubbed the world’s largest illicit online marketplace by Elliptic, halted operations. The shutdown…

The High Court of Singapore has approved a winding-up order against Multichain Foundation Ltd., a once-prominent cross-chain infrastructure protocol, following a 2023 security breach that caused over $210 million in user losses. The order, issued on May 9, 2025, came in response to a petition filed by Sonic Labs (formerly the Fantom Foundation), which was…

Helium ($HNT), the blockchain-powered wireless network for IoT and mobile devices, has seen a modest recovery over the past month, gaining 9.21% within that period. Since hitting a local high of $9.58 in February 2024, $HNT has largely traded within a range of $3.50 to $4.80. At the time of writing, $HNT is priced at…

A delay in Tether’s wallet blacklisting process has enabled over $78 million in illicit funds to be moved before enforcement actions could be executed. In a report released on May 15, blockchain compliance firm AMLBot said there was a significant gap in the timing between the initiation and completion of Tether’s blacklisting on both Ethereum…

With risk-on sentiment creeping back in, meme coins are back at the forefront of market moves, boosting PENGU price forecasts with a 30% weekly gain as the meme of choice. While US inflation data printed better than expected in April, Fed Chair Jerome Powell’s cautious stance on rate cuts today has left the market in…

The XRP price has dropped by 5% today, with the altcoin slipping to $2.48 as the crypto market as a whole declines by 4% in the past 24 hours. Despite this fall, XRP remains up by 12.5% in the past week and by 15% in the past month, buoyed by the market-wide recovery that took…