Crypto News

According to court filings, as gleefully reported by Reuters, Fenwick & West played the role of lead outside counsel during FTX’s meteoric rise to crypto stardom. Plaintiffs in the class action lawsuit claim the firm was knee-deep in crafting strategies that turned FTX into a financial black hole, allegedly helping with regulatory and operational structures that later proved as useful as a chocolate teapot. “We just thought they were into innovative finance,” the lawyers might as well have said, while counting their settlement checks.

The official decision to implement this change comes after a recent announcement from the Ministry of Finance. Russia now requires all legal cryptocurrency miners and those who operate mining facilities to register with the Federal Tax Service.

In this, the year of our Lord 2026, Grayscale’s proposal hath captured the attention of the ton, with its potential to unlock the doors of institutional investment for the enigmatic privacy coin, Zcash. The Trust, holding a considerable sum of 391,103.89 ZEC, valued at approximately $99.4 million, as of March 31, 2026, is poised to become the first U.S. spot ETF for a privacy coin, should the SEC grant its approval.

the Foundation is not a marketing troupe but a behind‑the‑scenes crew that keeps the engine running.

In his latest cri de coeur, Wind laments that fake Xaman accounts and websites are still peddling a desktop wallet and airdrop that exist only in the fever dreams of scammers. It’s like a bad infomercial, but with higher stakes.

According to Wood, the recent market downturn, estimated at $28-30 billion in forced selling, appears to have run its course. She believes it was a temporary correction – a quick, sharp drop caused by specific liquidations – rather than a sign of a long-term market decline. The vulnerable positions have been dealt with, and those who still hold their investments have chosen to do so, suggesting a stabilizing effect.

Mere hours earlier, President Donald Trump, with the air of a man who has just discovered the secret to eternal life, proclaimed that a peace deal with Iran was “largely negotiated.” Ah, the hubris of statesmen! Yet, as fate would have it, the echoes of gunfire served as a stark reminder that even the grandest of ambitions can be upended by the capriciousness of reality.

Key Takeaways:

The FDIC’s latest brainchild demands PPSIs doff their hats to AML/CFT programs, economic sanctions, and reporting rituals. Because why let stablecoins enjoy freedom when FinCEN and OFAC can turn their lives into a bureaucratic circus? It’s like trying to fit a square peg into a round hole with a chainsaw-painfully, but with style.

So, Cardano’s got its eye on Bitcoin’s liquidity, thinking, “If I can just get a bit of that action, my DeFi scene will pop off like a bottle of vintage champagne.” But here’s the kicker: BTC’s not just handing out its number to anyone. It’s got trust issues, and Cardano’s gotta prove it’s not just another flaky fling.