The U.S. Securities and Exchange Commission (SEC) has sued Texas resident Nathan Fuller, alleging he raised about $12.3 million from roughly 150 investors through a crypto investment scheme built around false claims of AI-powered trading bots, guaranteed returns and insurance protections. According to a complaint filed in the U.S. District Court for the Southern District
The SEC has charged Texas resident Nathan Fuller over an alleged $12.3 million AI crypto arbitrage scheme that promised triple digit returns in weeks. Summary SEC alleges Fuller raised about $12.3 million from roughly 150 investors Promised 40 to 50 percent returns in 30 to 45 days and over 100 percent in 21 days At
Senator Cynthia Lummis said Congress may not get another real chance to pass digital asset legislation until 2030 if the CLARITY Act fails. Summary The CLARITY Act would create federal rules for crypto assets, exchanges, developers, stablecoin issuers, and market regulators. JPMorgan CEO Jamie Dimon criticized the bill, saying banks may oppose it unless lawmakers
JPMorgan Chase CEO Jamie Dimon has drawn a battle line in Washington: the Clarity Act, as written, is dead on arrival — and Coinbase CEO Brian Armstrong is the enemy driving it. In a Fox Business interview on Friday, Dimon unloaded on the pending crypto market structure legislation, calling it a threat to the financial
Gravity Bridge has lost about $5.4 million following an early Saturday drain that security researchers linked to a possible signing key compromise. Summary Gravity Bridge lost about $5.4 million after security researchers flagged unusual withdrawals tied to a possible signing-key compromise. PeckShield said the stolen assets included USDC, wrapped ether, USDT, and PAXG, with some
CiDi Games beta on Pi reached 81K users in 160+ countries, with 1.2M sessions and 3.19M Pi staked in one week. CiDi Games reached more than 81,000 users across over 160 countries within one week of its beta launch on Pi. The app launched on May 14 through the Pi Browser. It added new gaming
Mary Daly says the Fed cannot restore price stability by “harming the economy,” underscoring a cautious stance on rates as inflation lingers above target. Summary San Francisco Fed’s Mary Daly stresses price stability remains “crucial” but warns against over-tightening Daly’s comments echo her earlier calls for “patience” and “deliberate calibration” on rate cuts Her stance
The exploit of Litecoin last week shows why Bitcoin users are wary of adding complexity to a monetary base layer. A day earlier, Bitcoin developer Paul Sztorc announced an eCash fork of Bitcoin in what reflects the counter-argument: that Bitcoin’s resistance to new functionality at the consensus layer carries real risks for its long-term survival
Payouts.com co-founders say the future of agent payments combines stablecoin rails with programmable control layers built for enterprise trust. Summary Payouts.com CEO Leor Ceder says programmability, not wallets alone, will define which AI agents enterprises can trust by 2027. Co-founder Barak Hirchson lists five non-negotiable controls that make autonomous agent spending safe and auditable at
In the latest Solana news, SOFIUSD, a dollar-pegged stablecoin launched by SoFi, a publicly traded, bank-chartered fintech with 15.4 million members, on both the Ethereum and Solana networks in early 2026. Every token is backed 1:1 by a reserve portfolio consisting of 85% short-term U.S. Treasury bills and 15% cash held at FDIC-insured institutions, with
