Author: James Wilson

Crypto.com and OG Prediction Markets have signed a multi year global partnership with the United States SailGP Team, ahead of this week’s New York Sail Grand Prix, bringing CFTC regulated prediction markets directly into elite foiling yacht racing for the first time. Summary Crypto.com and OG become official crypto and prediction partners of the U.S. SailGP Team. Fans will trade CFTC regulated SailGP event contracts via OG’s prediction platform. The deal deepens SailGP’s broader push into sports betting and data driven fan engagement. With the New York Sail Grand Prix set to light up the city’s harbor this weekend, the…

Senator Cynthia Lummis said Congress may not get another real chance to pass digital asset legislation until 2030 if the CLARITY Act fails. Summary The CLARITY Act would create federal rules for crypto assets, exchanges, developers, stablecoin issuers, and market regulators. JPMorgan CEO Jamie Dimon criticized the bill, saying banks may oppose it unless lawmakers strengthen stablecoin, AML, and BSA rules. Senator Cynthia Lummis has warned that U.S. lawmakers may lose their best chance to pass digital asset market rules until 2030 if the CLARITY Act stalls this session. Lummis, in a post on X, said Congress faces a narrow…

Gravity Bridge has lost about $5.4 million following an early Saturday drain that security researchers linked to a possible signing key compromise. Summary Gravity Bridge lost about $5.4 million after security researchers flagged unusual withdrawals tied to a possible signing-key compromise. PeckShield said the stolen assets included USDC, wrapped ether, USDT, and PAXG, with some funds moved through ChangeNow and Binance. The Gravity team halted the bridge and asked validators and orchestrators to stop while it investigates the incident. On-chain analyst Specter first flagged the unusual withdrawals, saying the pattern suggested that the bridge’s signing keys may have been compromised…

The SEC has charged Texas resident Nathan Fuller over an alleged $12.3 million AI crypto arbitrage scheme that promised triple digit returns in weeks. Summary SEC alleges Fuller raised about $12.3 million from roughly 150 investors Promised 40 to 50 percent returns in 30 to 45 days and over 100 percent in 21 days At least $6.2 million allegedly misappropriated, $5.5 million used in Ponzi like payouts U.S. securities regulators have charged Texas resident Nathan Fuller with orchestrating a fraudulent cryptocurrency trading scheme that raised roughly $12.3 million from about 150 investors through entities including Privvy Investments between October 2022…

Mary Daly says the Fed cannot restore price stability by “harming the economy,” underscoring a cautious stance on rates as inflation lingers above target. Summary San Francisco Fed’s Mary Daly stresses price stability remains “crucial” but warns against over-tightening Daly’s comments echo her earlier calls for “patience” and “deliberate calibration” on rate cuts Her stance comes as markets price in later Fed easing, raising questions for risk assets including crypto Mary Daly, president of the Federal Reserve Bank of San Francisco, said restoring price stability remains “crucial” for the U.S. central bank, but warned that the Federal Reserve cannot pursue…

Senator Cynthia Lummis says the Clarity Act must pass this Congress or the next legislative window opens in 2030. Summary Lummis posted on X that the next viable window for crypto market structure legislation is likely 2030 if Congress fails to act now. The Senate Banking Committee passed the Clarity Act 15 to 9 on May 14, but a full floor vote remains uncertain before midterms. Republicans risk losing House seats in November 2026, which could shelve comprehensive crypto regulation for years. Senator Cynthia Lummis issued a stark warning on May 29, telling lawmakers the current Congress represents the final…

Binance named Genius Terminal its 65th HODLer Airdrop, giving 10 million GENIUS tokens to qualifying BNB holders. Summary Binance will distribute 10 million GENIUS tokens to BNB holders who used Simple Earn or On-Chain Yields between May 11 and 13, 2026. Genius Terminal is a multichain trading platform backed by YZi Labs and advised by CZ, with a 1 billion token total supply. The HODLer Airdrop program is a recurring Binance mechanism that deepens BNB utility by rewarding long-term stakers retroactively. Binance announced Genius Terminal as the 65th project on its HODLer Airdrop program, continuing its pattern of rewarding loyal…

Coinkite launched the Coldcard MK5, its first hardware upgrade to the flagship Bitcoin wallet since 2022. Summary The Coldcard MK5 features a 1.54-inch Gorilla Glass display, redesigned tactile buttons, and improved NFC for smoother Bitcoin transactions. The wallet retains the MK4’s dual secure element architecture from two different chip vendors, keeping private keys fully air-gapped. Coinkite’s NVK said the MK5 is a reimagining of the user experience while preserving the security standards the community has relied on for years. Coinkite launched the Coldcard MK5 on March 10, 2026, marking the company’s first hardware revision to the MK line since the…

Brian Armstrong fired back at Jamie Dimon on Friday with a meme, after the JPMorgan CEO attacked him on live TV. Summary Jamie Dimon appeared on Fox Business on May 29, calling Armstrong “full of sh!t” and vowing that banks will fight the Clarity Act’s stablecoin provisions. Armstrong responded on X with a hockey-themed meme depicting himself and Dimon facing off, while Galaxy CEO Mike Novogratz publicly backed Armstrong. Dimon’s core objection is that the Clarity Act lets crypto firms effectively pay interest on stablecoin deposits without bank-level oversight. Coinbase CEO Brian Armstrong posted a hockey-themed rivalry meme on X…

CryptoQuant CEO Ki Young Ju warns the Bitcoin bear market could extend into early 2027, based on on-chain PnL data. Summary Ki Young Ju cited CryptoQuant’s PnL Index Signal, which shows investor profitability typically falls for 18 months after profit-taking cascades begin. The trend began in October 2025, placing a potential bear market bottom in early 2027 based on historical patterns. A true reversal requires unrealized profits to rise while realized profits fall simultaneously, a signal that has not yet appeared. CryptoQuant CEO Ki Young Ju posted on X this week warning that Bitcoin’s current downturn mirrors the extended bear…