Why Kevin O’Leary Sold 27 Crypto Positions, What He’s Investing In Now

The contrast: The investor offered a harsh reality check for altcoins, which he dismissively refers to as “PooPoo coins.” O’Leary sold 27 positions in October, arguing that sovereign wealth funds and indexers only care about Bitcoin and Ethereum. He claims these two assets capture over 97% of the market’s alpha, making other tokens “worthless” to…

Read More

U.S. Senator Warren rebuffed on delay of World Liberty bank charter over Trump ties

A banking application connected to World Liberty Financial Inc., a crypto firm partially owned by President Donald Trump, will proceed as normal, according to the chief of the Office of the Comptroller of the Currency, who rejected a request from U.S. Senator Elizabeth Warren to focus special scrutiny on the president’s potential conflict of interest…

Read More

Stablecoins moved $35 trillion last year—but only 1% of it was for ‘real world’ payments

Stablecoins moved more than $35 trillion on blockchain rails last year, but only about 1% of that was for real-world payments, according to a new report by the consultancy firm McKinsey and the blockchain data firm Artemis Analytics. Their analysis estimated that only $380 billion of activity reflected actual payments, such as paying suppliers, sending…

Read More

Foundation makes post quantum security a top priority as new team forms

The Ethereum Foundation (EF), a nonprofit organization that supports Ethereum’s development, is turning its long running post quantum research into a public engineering push, forming a dedicated Post Quantum team and calling the effort a top strategic priority for the network. EF researcher Justin Drake said the new group will be led by Thomas Coratger,…

Read More

Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus

Bitcoin’s recent price weakness has revived the quantum-computing debate, with one high-profile investor arguing it’s already shaping market behavior — and on-chain analysts saying the real driver is more old-fashioned selling pressure. Gold and silver kept ripping on Thursday, with gold up 1.7% to a record $4,930 an ounce and silver jumping 3.7% to $96,…

Read More

FBI arrests ex-Olympian drug ‘kingpin’ who allegedly used crypto to move proceeds

U.S. authorities arrested former Canadian snowboarding star Ryan Wedding on Friday, taking down a suspected drug kingpin they said used cryptocurrency networks to move and launder proceeds from his criminal enterprises. U.S. Attorney General Pam Bondi called Wedding a “onetime Olympian snowboarder-turned alleged violent cocaine kingpin,” in a statement, and she said he’s been flown…

Read More