The United States Department of Justice has allegedly dropped its investigation against Kraken founder Jesse Powell, a Tuesday report from Fortune claims. Jesse Powell Vindicated In DOJ Probe, Report Indicates According to the July 22 report, federal agents raided Powell’s home in 2023 stemming from a “management dispute” over the nonprofit Verge Center for the…
The legal defense team of Roman Storm is considering whether to file for a mistrial after they were unable to trace key witness testimony back to Tornado Cash, the crypto mixer developer’s lawyers said on Monday. Roman Storm Defense Team Considers Mistrial Filing According to reports, Storm’s legal team told U.S. District Judge Katherine Polk…
As Bitcoin (BTC) slips in dominance and Ethereum (ETH) racks up fresh gains, talk of a full-blown altcoin season is buzzing across the crypto space. With July winding down and the summer heat cranking up across the northern hemisphere, all eyes are on what could be August’s breakout altcoin and with over $4 million raised…
The U.S. Senate Banking Committee has introduced a long-awaited draft bill to reshape how digital assets are classified and regulated in the United States. Titled the Responsible Financial Innovation Act of 2025, the draft introduced by Senate Banking Chair Tim Scott (R-SC), alongside Senators Cynthia Lummis (R-WY), Bill Hagerty (R-TN), and Bernie Moreno (R-OH), seeks…
Ethereum whales have begun securing profits from their holdings as the premier altcoin has experienced a substantial 25% rally over the past seven days. On-chain analytics from Lookonchain reveal that a whale operating from wallet address “0x8C08” liquidated 8,005 ETH (valued at $30.03 million) at $3,751 just five hours ago, retaining 1,577 ETH ($5.96 million)…
Blockchain investigator ZachXBT has exposed crypto influencer Crypto Beast for allegedly orchestrating an $11 million token dump on followers. The investigation revealed that 45 connected insider wallets tied to Crypto Beast sold over $11 million worth of ALT tokens on July 14, 2025, causing the token’s market cap to crash from $190 million to just…
The first half of 2025 marked a new phase for stablecoins, as their total market supply surged from $204 billion to $252 billion, with monthly settlement volumes reaching $1.39 trillion, CertiK reports. The H1 2025 Skynet Stablecoin Spotlight Report is live. Stablecoins processed $1.39T per month this year—but not all are created equal. From MiCA-ready…
Bitcoin and Ethereum may dominate crypto discourse, but the second half of 2025 is shaping up to reward a different class of assets that build quietly with utility as Altcoin season intensifies. As capital begins to rotate into tokens that combine infrastructure, governance, and usability, three underappreciated names are emerging: SUI, ARB, and GALA. These…
Key Takeaways: Mewawalla’s dismissal follows broader scrutiny of executive pay practices in crypto infrastructure firms. The lawsuit marks Mawson’s second major legal dispute in 2025, both linked to operational asset control. Canaan’s ongoing expansion at Mawson’s site continues despite parallel litigation. Bitcoin miner Mawson Infrastructure has fired its CEO and President, Rahul Mewawalla, for cause,…
Joseph Lubin-backed SharpLink Gaming, Inc. (Nasdaq: SBET), the world’s largest corporate holder of Ethereum reported a major expansion in its crypto treasury holdings for the week of July 14 to July 20, 2025. The company’s ETH balance rose to 360,807 ETH, reflecting a 29% increase from the previous week. This growth was driven by the…