Author: John Smith
Cardano founder Charles Hoskinson has warned that more businesses could disappear from the network after analytics platform TapTools announced it was shutting down operations amid worsening economic conditions across the ecosystem. Summary Charles Hoskinson warned that more Cardano projects could fail following the shutdown of analytics platform TapTools. TapTools cited rising operating costs, while Hoskinson pointed to weak market conditions and funding challenges. ADA traded near $0.20, with key support at $0.22 and deeper downside risks if the level breaks. In a video published on his YouTube channel, Hoskinson said the closure of TapTools is likely not an isolated event.…
Worldcoin price has surged over 40% since late May after whale activity and network growth climbed to their highest levels of 2026, strengthening the case for a move toward the next major resistance zone near $0.65. Summary Worldcoin has surged more than 40% since late May as whale transactions, active addresses, and new wallet creation climbed to 2026 highs. A breakout from a multi-month descending triangle has pushed WLD above $0.54 and brought the $0.65 resistance zone into focus. Growing World App activity and renewed interest in AI-related tokens have supported demand despite weakness across the broader crypto market. According…
Israeli tax authorities have received far fewer crypto tax corrections than expected under a voluntary disclosure program that offers criminal immunity to eligible taxpayers. Summary Israel’s crypto tax disclosure program has received only 58 filings despite expectations of up to $1 billion in revenue. Globes reported that disclosures have covered about $50 million in crypto capital, far below official expectations. The program offers criminal immunity to eligible taxpayers who correct reports and pay taxes before Aug. 31, 2026. A tax expert told Globes that the lack of an anonymous first stage may be discouraging crypto holders from filing. According to…
Crypto-related fraud targeting FIFA World Cup fans has intensified ahead of the 2026 tournament, with U.S. authorities warning that scammers are using fake ticket offers, phishing websites, and cryptocurrency payment requests to steal money and personal data. Summary U.S. authorities warned that scammers are targeting World Cup fans with fake ticket sales, phishing websites, and crypto payment requests ahead of the 2026 tournament. Law enforcement agencies said criminals are using AI-generated fake FIFA pages and typo-squatted domains to steal personal, financial, and login information. Binance reported blocking 22.9 million scam and phishing attempts in Q1 2026, while Chainalysis estimated crypto…
Treasury Secretary Scott Bessent has told senators that the Trump administration remains committed to expanding the United States’ Strategic Bitcoin Reserve while pressing Congress to pass major crypto legislation this summer. Summary Treasury Secretary Scott Bessent said the Trump administration remains committed to expanding the U.S. Strategic Bitcoin Reserve. Bessent told senators that the reserve needs durable rules because it involves new technology and new legal ground. The Strategic Bitcoin Reserve was created by executive order and currently holds Bitcoin from criminal forfeitures and seizures. Bessent made the remarks on Wednesday during a Senate Finance Committee hearing on the Treasury…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Kevin O’Leary spotlights Zero Knowledge Proof, drawing investor attention to its potential as global infrastructure. Summary Kevin O’Leary highlighted Zero Knowledge Proof, framing it as infrastructure that solves AI’s verification problem. ZKP uses cryptographic proofs so computations can be verified without exposing underlying data, targeting AI, finance, and healthcare use cases. The project claims $100M in pre-funding for its zk architecture, validator hardware, and dual consensus model combining computation and storage. When Kevin O’Leary speaks publicly about a project,…
Grayscale has revealed the ticker symbol for its proposed spot BNB exchange-traded fund after submitting another amended registration statement to the U.S. Securities and Exchange Commission. Summary Grayscale has filed a third amended S-1 for its proposed BNB ETF, revealing the Nasdaq ticker GBNB as the SEC’s review of the application continues. The updated filing removes an earlier BNB contribution arrangement and confirms BitGo as custodian and BNY Mellon as administrator and transfer agent. BNB traded near $636 after losing the $662 Fibonacci support level, while technical indicators point to weakening short-term momentum following a recent rally. According to a…
It has been more than a year since President Trump signed the executive order establishing a Strategic Bitcoin Reserve on March 6, 2025, and the project is finally moving from rhetoric toward machinery. Summary The U.S. already has a Strategic Bitcoin Reserve, but it mostly holds seized Bitcoin rather than newly purchased BTC. July matters because the White House blueprint and Congress could clarify whether the reserve can become an actual buying program. The BITCOIN Act pushes for aggressive accumulation, while ARMA favors a 20-year lockup and a more moderate path. The budget-neutral rule is the hidden constraint that could…
HYPE price has climbed to fresh record highs amid growing demand for Hyperliquid investment products and a high-profile short squeeze that forced a major bear to abandon a $110 million position. Summary HYPE price hit a record high near $75 after Grayscale launched its Hyperliquid Staking ETF. Hyperliquid ETFs from Bitwise and 21Shares have attracted over $136 million in net inflows. Bullish technicals and whale capitulation put the $100 level in focus for HYPE. According to data from crypto.news, Hyperliquid (HYPE) price traded near $69.70 at press time on June 3, up more than 12% over the past week and…
Mastercard has expanded its payment network to support stablecoin settlements across multiple blockchains and beyond traditional banking hours, adding support for six regulated dollar-backed tokens. Summary Mastercard will enable card settlement using regulated stablecoins across multiple blockchain networks, including Ethereum, Solana, and XRP Ledger. The company said transactions can be settled during weekends, holidays, and throughout the day while existing payment processes remain in place. According to a statement released by Mastercard on Wednesday, the company will enable card settlement using Circle’s USDC, Paxos-issued PYUSD, USDG and USDP, Ripple’s RLUSD, and SoFiUSD. The service will operate across Ethereum, Solana, Polygon,…