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US military runs Bitcoin (BTC) node, views crypto as ‘power projection’ against China

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A four-star U.S. Navy admiral told Congress that the military is operating an active node on the Bitcoin network and testing it for national security purposes. Admiral Samuel Paparo, commander of the US Indo-Pacific Command (INDOPACOM), made the revelation Wednesday during a House Armed Services Committee hearing, a day after telling the Senate Armed Services […]

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The SBF withdraws its request for a new trial but leaves the option open after the appeal decision

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Sam Bankman-Fried, founder of collapsed crypto exchange FTX, withdrew his request for a new trial because he doubted he would get a fair hearing in a letter to the judge overseeing his case. Bankman-Fried, who is serving a 25-year prison sentence after being convicted of seven counts of fraud and conspiracy related to FTX’s 2022

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Crypto Falls Despite Breakout Signals, Traders Bearish: Crypto Markets Today

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The crypto market fell on Thursday, with bitcoin BTC$77,395.54 losing 0.7% since midnight UTC to recently trade at $77,600. The decline comes after the largest cryptocurrency hit its highest level since January on Wednesday, before sellers stepped in just below the $80,000 resistance level. Oil prices rose 1.5% to $103 a barrel overnight following reports

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Coinbase backer Blockchain Capital seeks $700 million in new funding

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Cryptocurrency venture capital firm Blockchain Capital is raising $700 million for two new funds, Bloomberg reported Thursday. The San Francisco-based firm is currently raising its seventh seed fund and second growth fund, which are expected to be completed in the next five to six months, according to the report, citing a person familiar with the

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OpenAI appears to be poaching Coinbase’s marketing team

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It is not surprising that there is currently a general shift from blockchain to artificial intelligence. Every week there is another report of a company or individual leaving the cryptocurrency industry entirely or adding artificial intelligence to their portfolios. Bitcoin miners are moving away from mining to increasingly focus on AI infrastructure and venture capitalists

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Bankman-Fried’s FTX sold its stake in Cursor for $200,000 in 2023. It would be worth $3 billion today

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A 5% stake in AI coding startup Cursor, which bankrupt FTX sold for $200,000 in April 2023, would be worth about $3 billion today, following SpaceX’s deal this week to acquire the company at a valuation of $60 billion. SpaceX said Monday it has the right to buy Cursor later this year for $60 billion

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What’s Next as Bitcoin’s (BTC) Bull Score Index Leaves Bearish Territory?

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A key indicator for tracking the overall health of bitcoin BTC$78,352.68 the market just issued a neutral signal for the first time since prices peaked above $126,000, signaling that the bear market may be over. But here’s the catch: the indicator’s neutral reading turned out to be a false signal a few years ago. This

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Bitcoin DeFi Launched $46 Million Proposal Requested by Cardano Team

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Input Output, the private engineering firm that built and continues to develop the Cardano blockchain, is seeking about half of the funding it requested last year from the project’s community treasury. The company on Tuesday submitted nine proposals totaling $46.8 million for 2026, up from $97.5 million in 2025. Several of the proposals focus on

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