Revolutions leave behind artifacts. In the summer of 2011, a painter named Alex Schaefer set up an easel on a sidewalk in Van Nuys, California, and began painting the Chase Bank branch across the street. In his mind, the building was on fire — flames pouring from the windows, black smoke rising over the palm
The most urgent crypto scam news on Capitol Hill arrived Tuesday as the House Homeland Security Committee held a joint subcommittee hearing on how transnational criminal organizations use crypto fraud, online scams, and digital extortion to steal from Americans. Summary The FBI’s 2024 Internet Crime Complaint Center report documented $16.6 billion in total scam losses,
US election news from Texas arrived Monday as Attorney General Ken Paxton filed a lawsuit in Tarrant County district court against ActBlue, the Democratic fundraising platform, alleging it violated the Texas Deceptive Trade Practices Act by continuing to accept gift card donations it had publicly claimed to ban. Summary Texas investigators made three donations to
Japan pilots tokenized JGB collateral as global markets race to digitize bond infrastructure and settlement systems. Japan is stepping up efforts to bring traditional finance onto blockchain rails. Financial institutions are testing new ways to move and manage collateral in real time. Government bonds sit at the center of this shift due to their role
Coinbase lobbying activity for Q1 2026 totaled $1.07 million, the company disclosed in a new Lobbying Disclosure Act filing, targeting the Digital Asset Market Clarity Act, the GENIUS Act stablecoin law, and digital asset tax treatment legislation. Summary The filing covers lobbying on the CLARITY Act’s market structure provisions, implementation of the GENIUS Act stablecoin
Men in uniform knocked on the door. They had badges, authority, and a script tight enough to convince the victim that resistance was futile. Within minutes, $1M in Bitcoin was gone, transferred voluntarily, by the victim’s own hands, under threat of fake arrest. No exchange was hacked. No password was phished. The blockchain’s cryptographic walls
Iran war news escalated Tuesday as parliament speaker Mohammad Bagher Ghalibaf stated publicly that Tehran will not accept negotiations under conditions it considers coercive, with the 10-day US-Iran ceasefire set to expire Wednesday and both sides sharpening rhetoric ahead of prospective talks in Islamabad. Summary Ghalibaf warned that Iran has spent the past two weeks
The big picture: The film Finding Satoshi aims to solve what its creators call one of the biggest financial mysteries ever. Director Tucker Tooley said the project blends investigative reporting with storytelling about “a human being” behind Bitcoin. The team deliberately avoided conspiracy tropes, instead focusing on Satoshi’s motivations, struggles, and context. The mystery itself,
DefiLlama logs 518 crypto hacks and over $17b in losses in 10 years, with attackers shifting from smart contracts to keys, bridges and wallets, as rsETH loses ~$290m. Summary DefiLlama has logged 518 crypto hacking incidents over the past 10 years, with total losses above $17 billion. A growing share of that damage comes from
Bitcoin Magazine Kalshi and Polymarket Enter the Crypto Race to Launch Perpetual Futures Two of the largest prediction market platforms in the United States are set to enter the crypto derivatives space within days of each other, marking a shift in how these platforms compete for traders. Kalshi, the CFTC-regulated prediction market valued at $11
