Everstake defends non-custodial staking as SEC weighs industry input

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The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks. The meeting, which also involved the SEC’s Crypto Task Force, comes at a time when over $193 billion in digital assets are staked across major […]

Everstake defends non-custodial staking as SEC weighs industry input

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The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks. The meeting, which also involved the SEC’s Crypto Task Force, comes at a time when over $193 billion in digital assets are staked across major […]

Everstake to SEC: Non-Custodial Staking Shouldn’t Be Regulated as Securities

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Everstake has urged the U.S. Securities and Exchange Commission (SEC) to clarify that non-custodial staking should not be regulated as a securities transaction. The meeting comes amid rising regulatory uncertainty that threatens to undermine the foundational role of staking in blockchain networks. Everstake Defends Non-Custodial Model for Staking in SEC Talks Amid growing tension between […]

New Zealand man arrested in $265M crypto scam tied to FBI probe

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A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million). According to New Zealand Police, the man is one of 13 individuals charged after authorities executed search warrants across Auckland, […]

River CEO: Businesses Increasingly Buying Bitcoin

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Alexander Leishman, CEO of River, a financial company that provides zero-fee bitcoin recurring purchases services, has highlighted how businesses are increasingly adopting bitcoin as part of their corporate treasury strategy. On social media, Leishman revealed that several companies had enrolled River as part of their bitcoin accumulation processes. He noted that just in the last […]

Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders

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Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders. “Bitcoin Reserve,” Mizrachi wrote to X on May 16 after meeting El Salvador-based Bitcoiners Max Keiser and Stacy Herbert. While Mizrachi didn’t share details about his discussions […]

CZ Shares Urgent Advice as Phishing Threats Target Crypto Users

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Binance’s founder has urgent advice for crypto users: strengthen logins, avoid risky clicks, and adopt advanced security tools to stay ahead of relentless phishing threats. CZ Shares Crucial Tips to Stop Phishing Scams Targeting Crypto Users Binance co-founder and former CEO Changpeng Zhao (CZ) shared on social media platform X on Thursday a detailed set […]

Hacker Jailed for Posting Fake Bitcoin ETF News on SEC’s X Account

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The DOJ handed down a prison sentence after the SEC’s social media was hacked to falsely announce bitcoin ETF approval, briefly sending crypto markets into overdrive. DOJ Sentences Hacker for SEC X Breach and Bitcoin ETF Hoax The U.S. Department of Justice (DOJ) announced on May 16 that a resident of Huntsville, Alabama, has been […]

Paraguay deports three undocumented immigrants after crypto mining theft attempt

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Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam. According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon after breaking into a locked section of Teratech SA’s facility in Coronel […]

SEC Warns of FOMO, Pushes Long-Term Strategies as Crypto Matures

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The SEC is warning against FOMO as crypto mania intensifies, even as institutional adoption skyrockets and U.S. policy shifts cement digital assets as a financial cornerstone. SEC Cautions Against FOMO as Crypto Sees Relentless Institutional Inflows The U.S. Securities and Exchange Commission (SEC) reminded investors this week to steer clear of emotional decision-making driven by […]

Institutional Rush: 5% Is the New 1% for Crypto Portfolios, Says Bitwise

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Crypto is erupting into mainstream finance as major advisory firms embrace digital assets, with billions set to flow and 5% allocations becoming the new norm, Bitwise says. The ‘Big Unlock’ Is Happening—Billions Poised to Shift Across Wealth Portfolios Bitwise Asset Management’s chief investment officer, Matt Hougan, offered a bullish outlook on crypto adoption within traditional […]