Robert Dunlap Sentenced to 23 Years for $20M Meta‑1 Coin Fraud
Robert Dunlap has been sentenced to 23 years in federal prison for running the Meta-1 Coin scheme, a case that federal authorities say defrauded nearly 1,000 investors of more than $20 million. Handed down on April 15, 2026 by U.S. District Judge LaShonda A. Hunt in the Northern District of Illinois, the sentence marks one […]
BitMEX Pitches ‘Canary Fund’ as Alternative to a Bitcoin Quantum Coin Freeze
BitMEX Research has injected a new fault line into Bitcoin’s post-quantum security debate with a proposal that would wait for hard evidence of a cryptographic break before triggering defensive action. The idea centers on an evidence-first “canary fund” designed to react only when a quantum attack is proven on-chain, setting it directly against BIP-361’s more […]
Virginia Moves to Protect Unclaimed Crypto From Immediate Liquidation
Virginia has taken a more deliberate approach to digital assets in state custody. With the signing of HB 798, the Commonwealth will bring cryptocurrency under its Unclaimed Property Act and require seized digital assets to be held in their original form for at least one year before any sale can take place. The law will […]
BIP-361 Wants to Turn Quantum Risk Into a Market Pressure Campaign
BIP-361, titled Post Quantum Migration and Legacy Signature Sunset, would push Bitcoin toward a long, staged break from legacy ECDSA and Schnorr signatures by making inaction increasingly costly for holders who leave funds in quantum-vulnerable outputs. Rather than offering explicit rewards for upgrading, the proposal tries to convert future cryptographic risk into a private financial […]
Banks push back on White House stablecoin-yield report, warn of deposit flight and local lending harm
A policy clash is taking shape in Washington over whether payment stablecoins should be allowed to offer yield, and the outcome could reshape deposit flows, community-bank funding and the next phase of U.S. digital-asset legislation. At the center of the dispute is not just whether yield should be banned, but how regulators should measure the […]
HSBC and Standard Chartered joint venture secure Hong Kong’s first stablecoin issuer licenses
Hong Kong has opened its regulated stablecoin era by granting its first fiat-referenced issuer licences to HSBC and Anchorpoint Financial, the Standard Chartered-led venture backed by Hong Kong Telecommunications and Animoca Brands. The decision gives traditional finance the first mover advantage in one of Asia’s most closely watched stablecoin regimes, and it places bank-linked issuers […]
Stablecoins reshape payments as on‑chain volumes top $33 trillion
Stablecoins are no longer a side channel inside crypto. In 2025, they moved $33 trillion, and by early 2026 the sector’s market capitalization had climbed past $316 billion, underscoring how quickly payment activity is shifting onto tokenized rails. What was once treated as crypto infrastructure is now starting to look like payments infrastructure, forcing banks, […]
White House economists find stablecoin rewards pose minimal risk to bank lending
The White House Council of Economic Advisers has pushed back against one of the banking sector’s core arguments against yield-bearing stablecoins, concluding that a ban would do very little to lift credit creation while imposing a real cost on consumers. In a report published on April 8, 2026, the CEA said eliminating stablecoin yield would […]
DOJ and FBI unmask international wash-trading network; 10 foreign nationals indicted
Ten foreign nationals are facing federal charges after a U.S. undercover investigation exposed what authorities describe as coordinated wash trading and pump-and-dump activity tied to four crypto market-making firms. The case marks one of the clearest signals yet that U.S. enforcement is expanding beyond token issuers and into the infrastructure that shapes trading activity itself.
Bitcoin steadies as altcoins surge in liquidity-driven relief rally
Bitcoin steadied near $67,300 after briefly dropping to around $65,112, while a broad group of altcoins outperformed as traders covered short positions and rotated into smaller-cap tokens. The rebound looked more like a liquidity-driven relief move than the start of a fully confirmed trend reversal.