Author: James Wilson
The Tether freeze coalition known as T3 FCU has surpassed $450 million in blocked illicit USDT since launching in 2024. Summary T3 FCU, backed by Tether, TRON, and TRM Labs, intercepted 43.9% more illicit proceeds in 2025 than the year before, operating across 23 jurisdictions. The unit’s cases span drug trafficking, exchange hacks, North Korea-linked funds, terrorist financing, and kidnappings and extortion. FATF designated T3 FCU an invaluable law enforcement resource as TRM Labs estimated total illicit crypto flows reached a record $158 billion globally in 2025. The T3 Financial Crime Unit, a joint initiative backed by Tether, TRON, and…
SIREN price crashed 51.36% on May 14, closing at $0.5574 after opening above $1.14. Summary SIREN price collapsed 51.36% on the daily chart on May 14, closing at $0.5574 after hitting an intraday high of $1.1619. The daily MACD histogram is rolling over sharply, with the MACD line curling toward an imminent bearish crossover below the signal line. If $0.50 fails to hold as daily support, the next meaningful demand zone does not appear until the $0.13 to $0.15 range from the March crash. SIREN price dropped 51.36% on the daily chart on May 14, opening at $1.1455 and collapsing…
Cerebras IPO shares nearly doubled on their first day of trading, opening at $350 after pricing at $185 per share on Wednesday evening. Summary Cerebras raised $5.55 billion at $185 per share and opened Thursday at $350, the largest US tech IPO since Uber’s 2019 debut. The AI chipmaker carries a market capitalisation above $100 billion with OpenAI and Amazon Web Services as anchor customers. The debut is seen as a bellwether for a broader AI listing wave with OpenAI and SpaceX targeting later-year offerings in 2026. Cerebras IPO shares opened at $350 on Thursday on the Nasdaq under the…
The Clarity Act cleared the Senate Banking Committee 15 to 9 on Thursday, sending Bitcoin above $82,000 for the first time in weeks. Summary The Senate Banking Committee advanced the Clarity Act in a bipartisan 15 to 9 vote, with two Democrats crossing the aisle to back the bill. Bitcoin climbed above $82,000 following the committee vote before pulling back to around $81,500, up roughly 2.5% on the day. Unresolved ethics provisions and a 60-vote Senate floor threshold remain as the bill moves toward a full Senate vote ahead of May 21 recess. The Clarity Act advanced out of the…
Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Summary Kraken chose Chainlink CCIP for its ISO 27001 and SOC 2 compliance, 16 independent nodes, native rate limits, and enterprise-grade security standards. The migration covers Kraken Wrapped Bitcoin (kBTC) and all future Kraken wrapped assets deployed across DeFi protocols. The move follows similar migrations by Kelp, Solv, and Re after the $292 million KelpDAO exploit in April that hit a LayerZero-powered bridge. Kraken posted the announcement on X on May 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will become its…
Strive’s SATA stock will become the first U.S. listed security to pay cash dividends every business day. Summary Strive’s SATA preferred stock will begin daily cash payments on June 16, 2026, at a maintained annualized rate of 13%. Daily compounding lifts the effective annual yield to approximately 13.88%, a 7.6 basis-point improvement over monthly payment structures. Strive now holds 15,009 bitcoin, has retired all outstanding debt, and holds $87.6 million in cash as of May 12. Strive (Nasdaq: ASST) announced on May 14 that its Variable Rate Series A Perpetual Preferred Stock will shift from monthly to daily dividend payments,…
Fasset, a stablecoin neobank serving 125 countries, has raised $51 million backed by Japan’s SBI Group and Investcorp. Summary The Series B round also included Turkish asset manager Arz Portföy and will fund new market entry, lending products, and Own Network infrastructure. Fasset processes over $32 billion in annualized volume across more than 50 payment corridors in Asia, Africa, and the Middle East. The raise reflects growing institutional appetite for blockchain-native banking platforms targeting underserved emerging markets. Fasset, a Los Angeles-based digital banking platform, uses stablecoin rails to move money across borders for small and medium-sized businesses, bypassing correspondent banking…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu faces renewed competition as AI-focused crypto projects attract trader attention in 2026. Summary Shiba Inu remains under pressure in 2026 as AI-focused crypto projects like Poly Truth gain investor attention. Poly Truth is building AI-driven prediction market analysis while SHIB traders debate the memecoin’s next move. As SHIB struggles for momentum, Poly Truth targets growing demand for AI-powered event market intelligence. Shiba Inu is still one of the most recognized memecoins, but its 2026 price action shows…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI crypto sector grows to $25.7B as projects like Poly Truth target prediction market intelligence. Summary AI crypto tokens now hold a $25.7B market cap as projects like Poly Truth target prediction market analysis. Poly Truth uses AI-style event analysis to help users assess prediction markets across crypto, politics, and sports. As AI crypto grows, Poly Truth is positioning PTRUE around data-driven prediction market intelligence. AI tokens have become one of the main crypto stories heading into 2026. CoinGecko’s…
The sharp move highlights ongoing instability in global currency markets as traders adjust positions amid shifting expectations around monetary policy divergence between the United States and Japan. Summary The U.S. dollar fell sharply against the Japanese yen, briefly dropping more than 70 points. USD/JPY touched a low of 157.57 before rebounding to around 157.81. Currency volatility is adding a new macro layer for crypto traders already focused on Bitcoin near $80,000. The U.S. dollar briefly weakened against the Japanese yen on Wednesday, with USD/JPY plunging more than 70 points in short-term trading before stabilizing. According to ChainCatcher, the pair fell…