Bitcoin Gets Its Next Institutional Backer as Pompliano’s ProCap Debuts on Nasdaq
ProCap Financial, led by Bitcoin advocate Anthony Pompliano, launches with $750M in capital via a $1B SPAC merger. The company aims to build the next major public Bitcoin treasury.
Bitcoin Maximalism on Trial: MicroStrategy Faces $6B Loss and Class Actions
MicroStrategy is under legal fire after a $5.9 billion Bitcoin loss triggered multiple class action lawsuits. Yet Michael Saylor is doubling down with hints of more BTC purchases.
Crypto on Edge After 16B Password Leak — Binance’s CZ Urges Wallet Hygiene Overhaul
A massive leak of 16 billion stolen credentials is triggering global security alerts. Crypto users are especially vulnerable, prompting Binance’s CZ to demand stronger wallet hygiene.
Crypto as a Weapon: Inside the $90M Hack of Iran’s Nobitex Exchange
Iran’s largest crypto exchange, Nobitex, was hit by a $90M hack reportedly orchestrated by Israel-linked group Predatory Sparrow. Beyond financial loss, the attack triggered a national crypto curfew and revealed deep vulnerabilities in Iran’s digital asset infrastructure.
Senate Passes Genius Act: A Milestone for Stablecoin Regulation Amid Political Tensions
The GENIUS Act, the first federal stablecoin regulation in U.S. history, has passed the Senate. While crypto firms celebrate the milestone, concerns over lobbying, foreign access, and algorithmic token legality complicate the path ahead.
