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In brief Haliey “Hawk Tuah” Welch has been named in a new filing for a class action lawsuit against the creators of the Hawk Tuah meme coin, which collapsed shortly after launch last year. It alleges that Welch was set to be paid up to $325,000 to promote the token with what they say were “misrepresentations” of its technical capabilities. The social media influencer was left off the first draft of the lawsuit and had previously been cooperating with the law firm behind it. Haliey Welch, the “Hawk Tuah” girl, has been named in a new filing for the existing…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is under severe pressure as the market slips into what many analysts now describe as a dangerous zone. The loss of the $90,000 support level — a key psychological and structural threshold — has intensified fear across the crypto landscape. Bulls, who previously defended this region throughout the year, are now losing control as price volatility accelerates and liquidity thins out. As a result, a growing number of market commentators are beginning to call for the start of a potential bear market, arguing that the trend…

For more than a decade, the DeFi sector has operated on a fractured promise. The theoretical pitch of a fairer, more accessible global financial system has consistently crashed against the rocks of practical reality.In practice, DeFi has delivered a user experience defined by hostility of confusing interfaces, punitive gas fees, risky workflows, and the terrified clutching of seed phrases. It created a system where only the technically literate or those willing to take risks dared to tread, leaving the vast majority of the world’s savers on the sidelines.But the launch of Aave’s new mobile savings application marks a distinct departure…

In brief Prosecutors charged Firas Isa, founder of Virtual Assets LLC, with operating a money laundering conspiracy tied to at least $10 million. The indictment said Isa converted fraud and narcotics proceeds into cryptocurrency and sent the assets to other wallets. Isa and the company pleaded not guilty, with a status hearing set for January 30, 2026. The U.S. Department of Justice on Tuesday charged the founder of a Chicago-based crypto ATM company with taking in at least $10 million in criminal proceeds, and moving the money into digital wallets to conceal its origins.The indictment, unsealed in the Northern District…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Office of the Comptroller of the Currency (OCC) — the bureau responsible for regulating and supervising all national banks — has announced that US financial institutions may hold crypto assets to cover blockchain network fees. National Banks Allowed To Manage Crypto  In a letter released on Tuesday, the OCC stated that banks are permitted to pay network fees to facilitate activities involving digital assets, provided the banks can foresee a legitimate need for holding these currencies.  The letter, which was signed by the Senior Deputy Comptroller…

Crypto majors are very red as btc briefly fell below $90k; btc -4% at $91,300; eth -5% at $3,050, bnb -2% at $915, sol -3% at $137. Icp (+9%), aster (+7%) and hype (+5%) led top movers. Crypto fear & greed remained in extreme fear at 11, now in that range for 6 straight days. Bitcoin wiped out its 2025 gains after falling below $92k (briefly sub-$90k), now down 2% on the ytd. The cboe unveiled “continuous” bitcoin and ethereum futures with 10-year terms as a perps-like alternative. The white house is considering to allow the irs to track and…

A single company’s outage today disrupted access to internet services worldwide, revealing just how much global traffic depends on Cloudflare.Cloudflare’s status page described the event as an “internal service degradation” that began at 11:48 UTC, saying some services were “intermittently impacted” while teams worked to restore traffic flows.Earlier, at 11:34 UTC, CryptoSlate noticed services were reachable at the origin, but Cloudflare’s London edge returned an error page, with similar behavior observed through Frankfurt and Chicago via VPN. That pattern suggests trouble in the edge and application layers rather than at the customer origin servers.Cloudflare confirmed the problem publicly at 11:48…

In brief Nayib Bukele highlighted El Salvador’s Bitcoin holdings on Monday. The nation’s stockpile notched its largest daily increase since inception. The IMF has called El Salvador’s Bitcoin purchases into question. El Salvador President Nayib Bukele signaled on Monday that the Bitcoin-friendly nation added 1,000 Bitcoin valued at about $100 million, even as the asset’s price hovered near a six-month low.“Hooah!” the millennial leader said on X, while sharing a screen grab of the country’s official stockpile, which had increased by 17% from the day before.El Salvador now controls around 7,500 Bitcoin worth $698 million, according to a dashboard provided…