Bitcoin developer Paul Sztorc announces BTC hard fork called eCash
The hard fork will introduce a new, competing layer-1 blockchain and seven layer-2 scaling networks, according to Sztorc's announcement....
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US authorities freeze $344M in crypto linked to Iran
US authorities froze $344 million in cryptocurrency linked to Iran through OFAC sanctions on Tron wallets allegedly tied to the Islamic Revolutionary Guard Corps and Hezbollah. Treasury Secretary Scott Bessent confirmed Tether's simultaneous USDT freeze, targeting Tehran's ability to move funds internationally. The action escalates US-Iran tensions amid reports of Iranian crypto toll schemes for Strait of Hormuz passage.
U.S. CFTC adds New York to string of states its suing to stop prediction market pushback
The CFTC sued New York Friday, adding it to multiple states targeted over prediction markets regulation. New York had just sued Coinbase and Gemini, claiming their contracts violated gambling laws. The federal regulator asserts exclusive jurisdiction over derivatives trading, preempting state authority. However, 37 state attorneys general oppose this position, defending their consumer protection powers. This regulatory clash will shape crypto's U.S. landscape.
Top memecoin holders expected to attend Trump luncheon
The US President has confirmed his attendance for the Florida event, but it's unclear whether Tron founder Justin Sun, suing the Trump family's crypto business, will appear....