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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A recent report has shared that Pro-Russia and Iran groups are turning to crypto to fund purchases of commercially available drones and related components, as the products become central to modern conflict. Crypto-Funded Drone Purchases Linked To Russia, Iran On Monday, blockchain analytics firm Chainalysis revealed that groups affiliated with Russia and Iran are utilizing crypto to fund the acquisition of low-cost military drones and their components. The firm traced crypto flows from individual wallets linked to various paramilitary groups to the purchase of affordable drones and…
$54M Uranium exploit case signals rising U.S. enforcement pressure on DeFi hacks and illicit crypto flows. Federal prosecutors have charged a Maryland man with exploiting a pair of vulnerabilities that drained millions from a decentralized crypto exchange. The case centers on attacks against Uranium Finance in 2021 that forced its shutdown. Authorities say the suspect manipulated smart contracts to siphon funds and later laundered the proceeds. If convicted, he could face decades behind bars. Indictment Reveals Timeline of $54M Uranium Finance DeFi Exploit Prosecutors in the Southern District of New York allege that Jonathan Spalletta, 36, carried out two separate…
For over a year, trading Hashdex’s diversified crypto ETF was like riding an amusement park without seatbelts. Investors could speculate, but if the market fell, there was little protection. That’s now changed.Options on the Hashdex Nasdaq CME Crypto Index ETF (NCIQ) went live on Nasdaq on Monday, providing investors a way to hedge, generate income and manage risk on a product that offers diversified crypto exposure, not just bitcoin BTC$66,823.62 or ether (ETH), for the first time.NCIQ, which debuted in February 2025, provides exposure to a broad, market-cap-weighted basket of digital assets based on the Nasdaq CME Crypto Index (NCI).…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure John Deaton, the U.S. crypto lawyer who represented XRP holders in the SEC vs. Ripple case, blasted at how U.S. crypto policy is being shaped. An XRP Voice Warns Against Inaction Reacting to Ripple’s CEO Brad Garlinghouse’s interview with Maria Bartiromo, Deaton wrote a lengthy post on the social media X today, expressing his worries and concerns regarding the direction crypto policy in the U.S. is taking. One thing @bgarlinghouse said to @MariaBartiromo that I completely agree with – is that American companies and our financial markets…
The new Mined in America Act seeks to localize cryptocurrency mining and officially establish a national Strategic Bitcoin Reserve for the country. U.S. Senators Cynthia Lummis and Bill Cassidy introduced a major bill called the Mined in America Act. Therefore, this bill is set to reinforce the cryptocurrency mining sector in the US and ensure the financial supply chain is stable. Precisely, the bill assists in making sure that the future of digital assets is created in this very country, America. New Legislation Establishes Voluntary Certification for American Crypto Mining Facilities Moreover, the act establishes voluntary certification program of mining…
A Maryland man has been charged with carrying out the 2021 hacks that drained more than $50 million from decentralized exchange Uranium Finance and forced the platform to shut down, the U.S. Department of Justice said Monday.Jonathan Spalletta, 36, of Rockville, Maryland, faces one count of computer fraud and one count of money laundering, according to an indictment unsealed by the Southern District of New York. The charges follow a February 2025 seizure of approximately $31 million in crypto tied to the exploit, linking a years-old DeFi case to a named defendant for the first time.The attack on Uranium Finance…
Crypto prices are volatile to start the week after US President Donald Trump once again claimed progress in peace talks with Iran. Trump’s message, posted on his platform Truth Social, was also packaged with a threat. “The United States of America is in serious discussions with A NEW, AND MORE REASONABLE, REGIME to end our Military Operations in Iran. Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately ‘Open for Business,’ we will conclude our lovely ‘stay’ in Iran by…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is testing $67,000. The market is bracing for a volatile week. And the macro environment surrounding it has not looked this dangerous since 1973. A GugaOnChain analysis published on CryptoQuant places the current moment in a historical frame that demands attention: Brent crude has consolidated above $100, geopolitical tension is threatening the Strait of Hormuz, and approximately 30% of the world’s oil supply now faces critical logistical risk. The last time the global energy system looked this constrained, it did not end quietly for financial markets.…
Dubai launches crypto derivatives rules, setting leverage limits, improving transparency, and strengthening investor protection while supporting safe market growth and innovation Dubai has introduced a new framework for crypto derivatives trading under clear rules. The shift is a big advancement in the control of crypto across the world. In addition, the framework will strike a balance between innovation and protection of investors in the rapidly expanding market of virtual assets. Dubai Sets Clear Rules for Crypto Derivatives Market Growth According to Gulf News, the framework was announced on Tuesday by the Virtual Assets Regulatory Authority. It deals with Exchange Traded…
Bitcoin BTC$67,446.83 has jumped 2% this week, but shaky demand-supply dynamics and rising “real” interest rates could limit the rally.Last week, CoinDesk noted that inflows into spot ETFs have cooled, pointing to renewed institutional apathy. Further, stablecoin growth has stalled, signaling a lack of fresh fiat inflows.The figures look alarming compared to the supply or the daily issuance of BTC from mining activity. On average, about 450 new BTC are mined each day under the current issuance schedule based on the protocol producing a new block roughly every 10 minutes, with a reward of 3.125 BTC per block since the April 2024 halving.Bitfinex’s…