Category: Crypto

The DOJ will proceed with federal charges against Tornado Cash cofounder Roman Storm, while dropping charges related to operating an unlicensed money transmitting business.
The post DOJ To Continue Legal Action Against Tornado Cash Developer Roman Storm appeared first on Cryptonews. …

Méliuz has become the first Bitcoin treasury company in Brazil after shareholders approved the acquisition of $28.4 million Bitcoin.
The post Brazilian Fintech Firm Méliuz Acquires Bitcoin Worth $28.4M appeared first on Cryptonews. …

Noted short-seller Jim Chanos is now shorting shares of Strategy (formerly MicroStrategy) while simultaneously buying Bitcoin directly.
The post Bitcoin Skeptic Jim Chanos Shorts Saylor’s Strategy but Buys BTC appeared first on Cryptonews. …

Santiment’s latest data have revealed a rapid ownership shift: wallets with 10+ BTC control 82.5% of Bitcoin, and Strategy’s spending spree could absorb half of forthcoming supply. Liquidity has tightened, volatility has risen, and decentralization has slipped.
The post Wallets with 10+ BTC Now Control 82% of Bitcoin Supply – Is Scarcity Next? appeared first on Cryptonews. …

Multichain has entered liquidation after Singapore’s High Court granted Sonic Labs’ petition on May 9 2025, appointing KPMG partners as liquidators. The order follows a default ruling over a 2023 breach that has moved $210 million out of user wallets across several networks.
The post Sonic Labs Secures Court-Ordered Multichain Liquidation After $210M Hack, Users Await Repayment appeared first on Cryptonews. …

FTX has announced that distributions under its Chapter 11 plan will resume on May 30 2025. Eligible creditors in several claim classes who have completed KYC, tax submissions and onboarding with BitGo or Kraken have been set to receive cash payouts of 54-120 % within three business days.
The post FTX to Deliver Up to 120% Creditor Payout in May 30 Second Distribution Wave appeared first on Cryptonews. …

Wintermute has expanded to New York, reflecting the shift in U.S. crypto policy. The trading firm has hired Ron Hammond, once senior director at the Blockchain Association, to lead advocacy as President Trump’s SEC pick Paul Atkins proposes clearer rules for digital assets.
The post Wintermute Plants Flag in New York, Betting on Softer US Crypto Rules appeared first on Cryptonews. …

Addentax has unveiled negotiations to swap up to $800 million in common stock for 8,000 Bitcoin and other tokens, notably the TRUMP memecoin, aiming to fortify its balance sheet with liquid digital assets and align with influential crypto holders, even as its shares have fallen after the disclosure.
The post China’s Addentax Plans $800M Crypto Buy, Including 8,000 BTC and Trump Tokens appeared first on Cryptonews. …

Consensus mechanisms have diversified beyond PoW and PoS. Researchers highlight Stellar’s trust‑driven PoA, Quai Network’s PoEM and PWR Chain’s DPOP, which seek faster finality, lower fees and stronger security, though each raises fresh questions on complexity and validator influence.
The post Consensus Mechanisms Race to Fix PoW and PoS Flaws Before 2032 Security Crunch appeared first on Cryptonews. …

The Tokyo Exchange-listed Japanese firm Remixpoint has used its balance sheet to buy another $3.4 million worth of Bitcoin (BTC).
The post Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin appeared first on Cryptonews. …