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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure He told his colleagues only after the money was gone. Nevin Shetty, the former chief financial officer of a Seattle-based tech startup, was sentenced Thursday to two years in federal prison after secretly transferring $35 million in company funds into a cryptocurrency platform he ran on the side — then watching nearly all of it disappear in a matter of months. A Scheme That Ran In Secret Shetty made the transfers in 2022 without the knowledge of a single executive or board member at his employer, according…

The dominant narrative around prediction markets still centers on elections and sports. Sports account for the majority of volume at major venues, and election contracts are what put the category on the front page. But based on what active traders are actually doing with real money, prediction markets are expanding for an even more impactful purpose: they’re a place to hedge risks that no existing financial instrument can price cleanly because the assets are new in nature. Their applicability spans geopolitical events, policy shifts, combined with commodity-linked outcomes, and this market has the potential to dwarf anything sports will ever…

Latin America’s crypto market is expanding far faster than that of the United States as users increasingly rely on cryptocurrencies for payments and cross-border transfers rather than speculation. a new report claims.The region, according to a report from Argentinian crypto firm Lemon, received more than $730 billion in cryptocurrency transaction volume in 2025, a 60% increase from the previous year, representing roughly 10% of global crypto activity.Growth was not only measured in transaction volume. Monthly active crypto app users in Latin America rose about 18% year over year, roughly three times faster than growth in the United States, the report…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In their latest post on CryptoQuant, XWIN Research Japan explores how developing affairs in the United States could affect the trajectory of Bitcoin and other risk assets in the near-term. According to the education institute, concerns of a potential stagflation period have begun to come up, which could potentially boost or mar Bitcoin’s growth. Unemployment Rate Rises To 4% As Inflation Builds Up For context, stagflation is a rare economic condition that combines two concerning events at the same time: high inflation and high unemployment. In their…

Block CEO Jack Dorsey says his company will support stablecoins, despite having long argued that Bitcoin should serve as the internet’s native money protocol.In an interview with WIRED, Dorsey acknowledged the change while making clear it reflects customer demand rather than a shift in personal belief.“I don’t like that we’re going to support stablecoins but our customers want to use them,” he said. “I don’t think it’s wise to go from one gatekeeper to another.”The move marks a pragmatic turn for one of Silicon Valley’s most vocal Bitcoin advocates. For years, Dorsey framed Block’s crypto strategy around Bitcoin alone, backing…

President Donald Trump’s move to establish what he called a “Strategic Bitcoin Reserve” within the federal government was greeted with crypto-sector celebration at the start of his administration. The industry cheered it as further cementing the arrival of bitcoin BTC$67,805.39 as a mature asset, but a year has passed, and there’s still no reserve.Trump’s administration performed the initial job of accounting for the government’s crypto holdings, but the U.S. bitcoin reserve is no closer to forming because of the outcome of one concept in the March 6, 2025, order: “the need for any legislation to operationalize any aspect of this…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Elon Musk’s intentions to launch a financial services app have not been a secret, but the question mostly has been how Dogecoin fits into that dream. Musk was the primary reason for Dogecoin’s legendary 33,000% rally back in 2021, calling it his favorite cryptocurrency. Now that the billionaire has secured money transmission licenses in over 40 US states, the dream looks to be coming true. Following this, an X user, who goes by Teslaconomics, has broken down why X Money will be a game-changer. The Future Everything…

Circle has begun using its own stablecoin infrastructure to move money between internal entities, settling $68 million in transfers using USDC, CEO Jeremy Allaire said Saturday.The transactions were executed through Circle Mint, the company’s platform for minting and redeeming USDC. The firm’s treasury team used the system to carry out intercompany transfer pricing — routine internal payments between subsidiaries — that would normally be handled via bank wires.Those transfers often take one to three days to settle and depend on banking hours and cut-off windows. Meanwhile, stablecoin settlement runs around the clock, and the company completed the transfers in under…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Binance has formally responded to US Senator Richard Blumenthal (D-CT) following a congressional letter in which the lawmaker cited media reports alleging the company enabled large-scale violations of US and international sanctions involving Iran.  In an open letter published Friday, Binance rejected the claims and accused the senator of relying on what it described as false and defamatory reporting. Binance Denies Enabling Iranian Money Laundering Senator Blumenthal’s inquiry referenced articles published in February 2026 by The New York Times, Fortune, and The Wall Street Journal.  Those reports,…

Bitcoin’s initial break above the 6-figure price point back in 2024, and then the eventual move to an all-time high of $126,000, has fueled the expectations of higher price points. Even now, as the price continues to trend below $100,000, it has done little to erase the bullish momentum surrounding the cryptocurrency, especially in the long term. As a result, predictions continue to come out that the Bitcoin price will eventually trade at 6-figures again, and eventually, new all-time highs. Mapping The Bitcoin Price Recovery In a post on the TradingView website, Setupsfx points out an interesting thing about the…