Author: James Wilson

Solana price has approached a critical breakdown below $80 as a bearish double top pattern threatens a deeper correction. Summary Solana price fell toward the $80 support zone after a bearish double top pattern formed near the $98 resistance level. Pump.fun resumed large-scale SOL selling, while a five-year staker liquidated roughly $137.7 million worth of tokens during the latest decline. CoinGlass data showed dense liquidation clusters near $84 and $88, with analysts warning a breakdown could push SOL toward the $75 region. According to data from crypto.news, Solana (SOL) fell 5% to an intraday low near $80 on May 28…

David Schwartz, Ripple’s former chief technology officer, has renewed debate over how staking rewards should be taxed if XRP Ledger ever adopted a native staking model. Summary David Schwartz says staking rewards minted by a protocol should not be taxed before sale. His comments revive tax questions around XRP staking even though XRPL lacks native staking. The IRS currently taxes proof-of-stake rewards when taxpayers gain dominion and control over them directly. His comments came during a discussion with crypto tax expert Clinton Donnelly about whether staking rewards should face tax before a holder sells them. David Schwartz separates minted rewards…

James Wynn has faced fresh backlash across crypto social media after blockchain investigators linked him to a newly launched token that allegedly ended in a rug pull worth only 3.2 SOL, or roughly $260. Summary Lookonchain alleged that James Wynn launched and rugged the WORLD token for 3.2 SOL before Wynn claimed his X account was hacked. Crypto traders on X questioned Wynn’s hacking explanation as screenshots and wallet activity tied to the token spread online. The WORLD token controversy has revived scrutiny around Wynn’s past leveraged trading losses and earlier memecoin promotion disputes. According to on-chain analytics platform Lookonchain,…

Chainalysis says crypto firms entering the market in 2026 are starting with tougher compliance settings than many older firms used five years ago.  Summary Chainalysis says 47% of 2026 crypto entrants now meet 2020’s strictest alerting standards overall. Crypto exchanges still set higher indirect-alert thresholds than traditional banks, leaving weak monitoring gaps open. Related market coverage shows AML pressure rising across Polymarket, Binance, stablecoins, and blockchain bridges. The finding points to a market where monitoring tools are now part of basic operating standards, not only a concern for large exchanges. The report’s main angle is clear: crypto companies have raised…

Strive, Inc. has used its SATA preferred stock program to buy an estimated 490 BTC in a single day, surpassing the Bitcoin network’s average daily issuance of roughly 450 BTC. Summary Strive’s SATA preferred stock program bought an estimated 490 BTC in one day, above Bitcoin’s average daily issuance of about 450 BTC. SATA generated an estimated $35.3 million in ATM proceeds on Wednesday, based on tracker data showing $66.9 million in trading volume. Strive’s latest SEC filing confirmed the purchase of 1,109 BTC between May 19 and May 22, lifting total holdings to 16,500 BTC. According to the Bitcoin…

Bitdeer names ex-Corsair finance chief Michael Potter as CFO, effective Tuesday, replacing Jianchun Liu. Summary Michael Potter takes over as Bitdeer CFO effective Tuesday, with outgoing CFO Jianchun Liu staying through June 30. Potter led Corsair Gaming’s 2020 IPO and held earlier CFO roles at Canadian Solar, Lattice Semiconductor, and STATS ChipPAC. The appointment lands as Bitdeer scales AI cloud revenue and converts mining sites for high-performance computing workloads. Bitdeer names ex-Corsair finance chief Michael Potter as CFO, effective Tuesday, replacing Jianchun Liu. Liu will remain through June 30. The Nasdaq-listed Bitcoin miner disclosed the change in a Form 6-K…

Aztec Labs has acquired ZKPassport but will keep the privacy-focused passport-scanning app fully open source. Summary Aztec Labs acquired ZKPassport but will keep the iOS app and Noir circuits open source. The privacy app proves identity attributes from government IDs without revealing personal data. ZKPassport already ran sanctions checks on Aztec’s December 2025 token sale, validating the tech in production. Aztec Labs has acquired ZKPassport but will keep the privacy-focused passport-scanning app fully open source. The deal preserves the iOS NFC scanner and Noir circuits. The Ethereum layer-2 privacy network confirmed the acquisition on Wednesday. ZKPassport, built on Aztec’s Noir…

BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. Summary Project Agora demonstrated tokenised cross-border settlement across seven central banks and more than 40 financial institutions. The Bank of Canada joined Wednesday, with real-value transactions set as the next testing milestone. The prototype preserves correspondent banking, sanctions screening, and SWIFT compatibility rather than replacing them. BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. The Bank for International Settlements confirmed the move Wednesday. Project Agora, a public-private collaboration with seven central banks…

HTX denies UK sanctions allegations after the Foreign Office accused affiliate Huobi Global S.A. of funnelling $1.5 billion to Russia. Summary HTX says UK sanctions apply only to Huobi Global S.A. and do not affect its operating exchange. The Foreign Office accuses the affiliate of funnelling $1.5 billion to Russia through A7 and Garantex. Global Ledger separately traced more than $7.6 billion in Russia-linked flows through the exchange since 2021. HTX denies UK sanctions allegations after the Foreign Office accused affiliate Huobi Global S.A. of funnelling $1.5 billion to Russia. New data flags $7.6 billion in linked flows. The UK…

The CFTC has moved a proposed rule on prediction-markets event contracts into White House review as federal and state officials fight over who should police the fast-growing sector. Summary The CFTC’s proposed prediction-market rule is under White House review before it can be released for public comment. The rule could create the first comprehensive federal framework for event contracts and affect platforms such as Kalshi and Polymarket. Trump backed CFTC control over prediction markets, while Illinois Governor JB Pritzker defended state action against insider trading. Bloomberg first reported that the proposal is now before the White House Office of Management…