Algorand Returns to Robinhood, Ending Years of U.S. Retail Restrictions
TL;DR: Algorand (ALGO) is available again for trading on Robinhood for retail users in the U.S., including New York. The restriction originated in 2023 when the
United States (Latest Publications)
Timothy Massad Claims Quiet CBDC Work Continues Despite Public Opposition
TL;DR: Former CFTC director Timothy Massad stated that a U.S. CBDC is inevitable and is being privately explored despite Trump’s public opposition. U.S. officials participate in
Swan Bitcoin Hit With $970M Lawsuit Over Alleged Early Withdrawals From Prime Trust
TL;DR: Swan Bitcoin faces a $970 million lawsuit for allegedly using privileged information to withdraw assets from Prime Trust before its bankruptcy. The PCT Litigation Trust
Push for Permanent CBDC Ban Intensifies With House Vote Expected This Week
TL;DR: Republican lawmakers seek to permanently ban CBDCs in the U.S., removing the 2030 temporary limit included in a housing bill. Representative Warren Davidson warned that
Crypto Ponzi: Ohio Investment Manager Gets Nine Years for $10M Scam
Rathnakishore Giri, a 31-year-old investment manager from the state of Ohio, was sentenced to nine years in prison for operating a Ponzi scheme crypto that defrauded investors out of a
Spot Bitcoin ETFs Shed $649M in a Day, Extending Last Week’s $1B Slide
TL;DR Record Outflows: Spot Bitcoin ETFs saw $648.6 million in single‑day outflows, extending last week’s $1 billion slide and ending a six‑week positive streak. Macro Pressure:
Digital Asset Funds Record $1.07B Weekly Outflows Amid Iran‑Driven Risk‑Off
TL;DR Risk‑Off Shift: Digital Asset investment products saw $1.07 billion in weekly outflows, ending a six‑week positive streak as Iran‑related geopolitical tension drove institutional de‑risking. Bitcoin‑Led
Feds Indict Three in ‘Brazen’ Crypto Wrench Attack Spree Across California
TL;DR: Federal authorities charged three Tennessee men with stealing millions in cryptocurrencies through violent attacks carried out across California. The defendants posed as delivery workers to
ETF Flows Rebound to $27.2M with Bitcoin Holding Above $80K
TL;DR Bitcoin ETF Flows: Spot Bitcoin ETFs returned to $27.2 million in net inflows on May 11, as BTC held above $ 80,000, with MSBT leading
Augustus Wins Conditional OCC Green Light for AI‑Driven Stablecoin Bank
Augustus, the payments startup backed by Peter Thiel, received conditional approval from the Office of the Comptroller of the Currency (OCC) of the United States to establish a national bank
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