Elon Musk Praises Bitcoin’s Resistance To Inflation

Elon Musk appears to be publicly paying attention to bitcoin again after years of silence.

The Tesla and SpaceX CEO broke a three-year quiet streak on bitcoin early Tuesday, commenting on an X post from financial outlet ZeroHedge that tied surging gold, silver, and Bitcoin prices to global monetary “debasement” driven by artificial intelligence spending.

“True,” Musk replied. “That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.”

Musk’s bitcoin mention drew immediate market attention on X, with traders seeing it as a potential sign of renewed interest from…

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BlackRock To Develop Tokenization Tech As Bitcoin ETF Passes $100 Billion In Assets

BlackRock is developing its own technology to tokenize a broad range of assets, from real estate to equities and bonds.

CEO Larry Fink said the global market currently holds more than $4.5 trillion in digital wallets, spanning crypto, stablecoins, and tokenized assets. 

“A lot of that money is outside the United States,” Fink said on CNBC earlier today, emphasizing the opportunity for the firm to reach new investors through digital channels.

Fink said tokenization could allow investors who are entering markets through crypto to access more traditional long-term products, such as retirement funds.

“If we could tokenize an ETF, we could get them into the more…

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U.S. Gov To Seize $14 Billion In Bitcoin

The U.S. government is moving to seize 127,271 BTC, valued at roughly $14 billion, tied to a sprawling online investment scam run by Chinese émigré Chen Zhi, 38, and his Cambodia-based Prince Group Transnational Criminal Organization.

The action, announced Monday by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN), comes as part of a sweeping crackdown on transnational cybercriminal networks and scams targeting U.S. and allied citizens. 

Chen Zhi, also known as “Vincent Chen,” had built a multi-billion-dollar empire in Cambodia through online scams that lure victims into fraudulent investment schemes known as…

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Bitcoin Price Falls To $110,000 As Institutions Move Millions

Bitcoin price slipped from 24-hour highs near $116,000 to around $110,000 overnight, as large on-chain movements from both the U.S. government and BlackRock fueled speculation about potential institutional repositioning.

According to on-chain analytics, the U.S. government transferred 667.6 BTC, worth roughly $74.8 million, to a new wallet early this morning. The move immediately sparked concerns that the coins — likely seized from prior law enforcement actions — could be en route to an exchange for liquidation. 

The transfer likely stems from the U.S. government’s August 2025 conviction of Sergei Potapenko and Igor Turogin in the Hashflare mining fraud case, according to…

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Crown raises $8.1M to launch BRLV, a Brazilian real-backed stablecoin

Crown, a São Paulo–based fintech focused on programmable money in emerging markets, has raised $8.1 million in seed funding to launch BRLV, a stablecoin pegged to the Brazilian real (BRL) and fully backed by Brazilian government bonds. 

The round was led by Framework Ventures, with participation from Valor Capital Group, Coinbase Ventures, Norte Ventures, Paxos, and Ed Wible, co-founder of Nubank, who is also joining Crown’s board.

The funding will accelerate Crown’s product development and market expansion as it seeks to become Brazil’s leading BRL stablecoin issuer. BRLV differs from dollar-denominated stablecoins like USDC by offering native revenue sharing to…

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Cypherpunks (Don’t Just) Write Code

Inspired by a conversation with Fedi’s Obi Nwosu–about the often single-line focus in Eric Hughes’ “A Cypherpunk’s Manifesto” (1993) 

Cypherpunk Manifesto Wordcloud by Obi Nwosu generated via www.wordclouds.com

“Privacy is necessary for an open society in the electronic age. Privacy is not secrecy.A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know.Privacy is the power to selectively reveal oneself to the world.”— Eric Hughes, “A Cypherpunk’s Manifesto” (1993)

It’s All About Privacy

In The Cypherpunk Manifesto, privacy is mentioned twenty-four…

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Safe taps Circle’s USDC in institutional self-custody partnership

Circle and Safe unveiled a strategic partnership aimed at making USDC the default asset for institutional self-custody and onchain treasury operations, the companies said Tuesday. 

The tie-up positions USDC “at the core of the Safe ecosystem,” bundling Circle’s stablecoin infrastructure with Safe’s programmable, multi-sig smart accounts that already see heavy enterprise and DAO usage.

The move lands as Circle leans harder into institutional distribution following its June listing on the New York Stock Exchange under the ticker CRCL.

For Safe, the announcement formalizes an institutional pivot already underway. In June, the Safe Ecosystem Foundation stood up Safe Labs,…

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Bitcoin Price Crash Sparks Debate Over Bull Market Fate

The bitcoin price has experienced a dramatic plunge, delivering one of the most severe sell-offs in crypto history over the past week. Over $19 billion in positions were liquidated in a matter of hours, with more than 1.6 million traders forced out of the market, the largest liquidation event ever recorded. Many altcoins plunged over 80%, leaving investors questioning whether the Bitcoin bull market has finally topped.

Bitcoin Price: Has the Bull Market Ended?

While the crash was brutal, the data doesn’t suggest the end of the bull cycle. BTC is now over 1,050 days into its current cycle — similar timing to the 2017 and 2021 peaks — but the broader backdrop looks…

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Cake Labs Launches XStocks In Cake Wallet, Enabling Worldwide Crypto Users To Trade Top Equities

Cake Wallet, a mobile cryptocurrency app with a strong privacy focus, has recently announced the integration of xStocks to its supported tokens, to be released on the next update. The xStocks technology allows users throughout the world to get exposure to world-class equities like Google, Amazon, and Nvidia, in a familiar crypto format, minimizing the low privacy and high-friction user experience common to traditional finance.

“With Cake Wallet, anyone can be their own bank and their own brokerage, saving and investing from the same decentralized ecosystem,” said Vikrant Sharma, CEO of Cake Labs. Alex J., Chief Product Officer (CPO) at LetsExchange, also commented on the…

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S&P Global and Chainlink launch on-chain stablecoin risk assessments

S&P Global Ratings has partnered with Chainlink to publish its stablecoin stability assessments on-chain.

The collaboration uses Chainlink’s institutional-grade DataLink oracle infrastructure to deliver S&P’s independent stablecoin risk evaluations directly to decentralized finance (DeFi) applications and institutional systems.

The SSAs rate a stablecoin’s ability to maintain value parity with fiat currencies on a scale from 1 (very strong) to 5 (weak). 

While not formal credit ratings, the assessments analyze key factors such as collateral quality, liquidity management, and governance controls. 

By embedding these evaluations into smart contracts through…

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