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The U.S. Securities and Exchange Commission has charged Danh C. Vo, founder and CEO of bitcoin mining company VBit Technologies Corp., with defrauding investors out of $48.5 million.  According to the SEC, Vo misused the funds for gambling, cryptocurrency purchases, and gifts to family members, while misleading investors about the operations of his business. The complaint, filed in the U.S. District Court for the District of Delaware, alleges Vo raised over $95.6 million from approximately 6,400 investors between December 2018 and February 2022.  He sold “hosting agreements,” which promised investors a share of profits from bitcoin mining rigs operated by…

In brief While crypto traders may have hoped for it, predictors on Myriad are don’t believe a Santa rally is coming for crypto majors. Predictors also think it’s unlikely that President Trump will pardon developer Keonne Rodriguez by February. On the other hand, predictors favor Steve Harrington to make it through the “Stranger Things” finale alive. Crypto traders haven’t had much to cheer about during the holiday season. But headed into the final stretch of 2025, predictors on Myriad can express their discontent (or uncommon bullishness) by predicting whether or not Santa will bring a rally which would send Bitcoin back…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst has issued a stark warning to the SOL community, predicting that the Solana price could crash below $5. The expert’s bearish thesis is based on an extensive review of US federal court documents, suggesting that ongoing legal challenges and potential flaws in the Solana blockchain could lead to the end of the cryptocurrency.  Analyst Predicts Solana Price Crash And Annihilation A crypto analyst who calls himself ‘NoLimit’ on X has released a report that has sent shockwaves through the Solana community. He shared court…

The SEC’s approval of generic listing standards for crypto ETPs on Sept. 17 cut the launch timeline to 75 days and opened the door to plain-vanilla products.Bitwise predicts more than 100 crypto-linked ETFs will launch in 2026. James Seyffart, senior ETF analyst at Bloomberg, backed the call but added a caveat:“We’re going to see a lot of liquidations.”That pairing of explosive growth and swift culling defines the next phase, as generic standards solve a timing problem rather than a liquidity problem. For Bitcoin, Ethereum, and Solana, the flood reinforces dominance. For everything else, it is a stress test.The new rules…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Federal Reserve announced on April 24, 2025, that it is pulling back previous rules for banks handling crypto and dollar tokens. From now on, banks will be supervised the usual way, instead of through separate crypto-focused requirements. Banks Can Now Move Faster With Crypto The rules being withdrawn included a 2022 letter that told state member banks to notify the Fed before dealing with crypto, and a 2023 letter that required approval before handling dollar tokens. These rules had kept some smaller banks, especially uninsured crypto-focused…

In brief Intuit and Circle have entered into a multi-year agreement for USDC use across Intuit’s product suites, like TurboTax and QuickBooks. In particular, Intuit highlighted the use of USDC for potential tax refunds and payments. The firms did not disclose which blockchain the USDC will settle on. Intuit, the financial services firm behind popular products like TurboTax, QuickBooks, and MailChimp, agreed to a multi-year partnership with stablecoin issuer Circle, the firm announced on Thursday. The partnership creates a framework that will enable the use of Circle’s dollar-backed stablecoin—USDC—across Intuit’s products and services.“Intuit is at the forefront of financial innovation to…

Fold Holdings, Inc. ($FLD), a publicly traded Bitcoin financial services company, just announced that its platform is now available in all 50 U.S. states. The expansion follows a strategic partnership with BitGo Bank & Trust, which recently became one of the first digital asset companies to secure a federal bank charter from the Office of the Comptroller of the Currency (OCC). The move marks a rare milestone in U.S. consumer Bitcoin services: Fold is the first platform to operate nationwide under a single federally supervised trust framework.  Previously, state-by-state licensing and regulatory barriers constrained consumer access, particularly in states like…

In brief The SEC says some third-party Bitcoin mining hosting qualifies as a securities offering in a new lawsuit. The lawsuit against Bitcoin miner VBit also accuses the company’s founder of misusing $48.5 million in customer funds. It additionally alleges that the company misled investors about the nature of its business. The Trump SEC has revealed at least one crypto-related service it considers to be a securities offering, at least in some cases: third-party Bitcoin mining.In a new lawsuit filed Wednesday, the regulator accused Danh C Vo of Philadelphia, founder of Bitcoin mining firm VBit, with offering illegally unregistered securities.In…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin experienced a sharp bounce above the $90,000 price mark, but this rise was brief and was cut short by the prevailing volatile market environment. With the persistent waning price action observed over the past few weeks, the once lucrative BTC on-chain moves are no longer paying off as profits have dropped sharply. Profits From Bitcoin On-Chain Flows Falls The current Bitcoin market is entering a noticeably different phase, and the evidence is starting to show it. A key on-chain metric indicates that the once-reliable rewards from transferring…

Cardano is signaling a fundamental shift from the network’s roots in academic research toward a commercially driven “operating system” model.On Dec. 17, the Intersect Product Committee released a report titled “Vision 2030,” outlining a strict set of performance benchmarks intended to redefine how the market values the network.Intersect, the member-based organization tasked with maintaining the network’s continuity, aims to secure Cardano’s position not just as a cryptocurrency but as critical digital infrastructure. The strategy explicitly moves away from vague adoption promises.Instead, it commits the ecosystem to achieving Key Performance Indicators (KPIs), including 324 million annual transactions, 1 million monthly active…

In brief Ethereum transformed the blockchain industry by enabling smart contracts, DAOs, NFTs, and decentralized apps. From its 2015 launch to The Merge in 2022, Ethereum has driven innovation and faced growing pains. Ethereum powers DeFi and NFTs, but still battles high fees, scalability limits, and fierce competition. Ethereum, the second-biggest cryptocurrency after Bitcoin, is a blockchain-powered platform for creating decentralized applications (dapps).Ethereum is not just a cryptocurrency. It’s a global, decentralized network that enables smart contracts—self-executing programs on the blockchain—and decentralized applications, or dapps, that run without banks, governments, or big tech.When programmer Vitalik Buterin published a “whitepaper” in…