Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
Iran’s Revolutionary Guard seized two container ships in the Strait of Hormuz on April 22, hours after President Trump extended the ceasefire with Tehran indefinitely, while confirming the US naval blockade of Iranian ports would remain in place. Summary Iran’s Revolutionary Guard seized two ships in the Strait of Hormuz and fired on a third, citing maritime violations. Trump extended the ceasefire with Iran to allow for further peace talks but kept the US naval blockade active. Brent crude surged past $100 per barrel following the incidents, adding pressure to global energy markets and crypto assets. Iran’s Islamic Revolutionary Guard…
Kraken submitted 56 million crypto tax forms for 2025, most reporting gains under $50, and is now calling on Congress to overhaul what it calls an unworkable reporting threshold. Summary Kraken filed 56 million IRS tax forms for 2025, with the majority covering transactions under $50. The exchange argues the current $10 reporting threshold creates unnecessary burden for both users and platforms. Kraken is now lobbying Congress to raise the threshold and simplify crypto tax reporting rules. Kraken filed 56 million crypto tax forms with the IRS for the 2025 tax year, and the exchange says the volume exposes a…
Sameer Group CEO Syed Sameer is offering to broker a private deal to unfreeze Justin Sun’s blacklisted WLFI tokens, drawing backlash from retail holders shut out of negotiations. Summary Sameer Group CEO Syed Sameer has publicly offered to broker a deal to unfreeze Justin Sun’s blacklisted WLFI tokens. The outreach comes after Sun filed a federal lawsuit against World Liberty Financial in California over allegedly locked tokens. Retail investors are already pushing back, calling the proposal unfair if it benefits Sun but not the broader WLFI community. Syed Sameer, CEO of Sameer Group LLC, has put himself forward as an…
CHIP token surged over 85% on Wednesday becoming one of the best performing crypto assets of the day. Summary CHIP crypto surged over 85% after securing a Binance listing with a Seed Tag and a 40 million token reward campaign. Additional listings on KuCoin, BitMart, and SunCrypto drove liquidity, pushing 24-hour trading volume above $1.4 billion. The rally was supported by rising interest in AI infrastructure tokens, though high volume-to-market-cap ratios indicate strong speculative activity. The token shot up following its listing on Binance which introduces the token with a Seed Tag, flagging it as an early-stage, high-risk asset. The…
The attacker behind KelpDAO’s nearly $300 million rsETH exploit is now laundering funds from Ethereum to Arbitrum and into Tron-based USDT. Summary KelpDAO’s exploiter is moving roughly $300 million in stolen funds through Arbitrum and into Tron-based USDT. The hack could cool Wall Street’s appetite for blockchain and tokenization deals. SlowMist flags new “MacSync Stealer” macOS malware draining crypto wallets, compounding security fears. The attacker behind the nearly $300 million KelpDAO exploit has begun laundering the haul, routing funds through Arbitrum and into Tron-based stablecoins, in a move that heightens fears over recoverability and traceability across DeFi. On-chain data shows…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Utility-driven new crypto coins gain momentum as investors target early-stage opportunities in 2026. Summary DOGEBALL raised $200K+ in Stage 2, combining payments, gaming, and staking in one Layer 2 ecosystem. Built on DOGECHAIN, DOGEBALL enables crypto-to-fiat transfers with near-instant payments and zero FX fees. At $0.0004 presale price, DOGEBALL offers strong ROI potential before its planned $0.015 launch price. The biggest winners in new crypto coins 2026 are emerging from projects that combine real-world utility with strong early-stage entry…
Bitcoin’s move toward post-quantum security has drawn criticism from Cardano founder Charles Hoskinson, who questioned the design choice behind the proposed protection model. Summary Hoskinson said Bitcoin chose SPHINCS+, a quantum-resistant signature scheme with limited flexibility and larger transaction sizes. Bitcoin developers appear focused on security and simplicity rather than broader functionality in post-quantum upgrade planning. The debate reflects tension between defensive design choices and future flexibility in Bitcoin’s slow upgrade cycle. His comments focused on SPHINCS+, a hash-based signature scheme that some developers view as a safe option against future quantum threats. Hoskinson said Bitcoin may be choosing the…
European investors are starting to weigh crypto offerings when choosing banks, even as regulatory gaps and low awareness continue to slow adoption. Summary 35% of European investors said they would consider switching banks for better cryptocurrency investment services, showing growing influence on banking choices. 76% of respondents pointed to weak regulation, and over 60% said they lack sufficient knowledge, highlighting key barriers to wider adoption. Nearly half of investors said the EU’s MiCA framework improved trust in digital assets, while institutional surveys show rising demand for stablecoins and tokenization services. A Börse Stuttgart Digital survey found that 35% of investors…
Core Scientific is moving to secure $3.3 billion in fresh debt as it scales data center capacity beyond bitcoin mining. Summary Core Scientific plans to raise $3.3 billion through asset-backed notes to fund data center expansion and refinance short-term debt. The company will use part of the proceeds to repay its 364-day credit facility while extending maturities across projects in multiple U.S. states. According to a Tuesday disclosure from Core Scientific, the company plans to issue senior secured notes due in 2031, backed by its assets, giving lenders priority claims in case of default. The structure allows the miner to…
The most urgent crypto scam news on Capitol Hill arrived Tuesday as the House Homeland Security Committee held a joint subcommittee hearing on how transnational criminal organizations use crypto fraud, online scams, and digital extortion to steal from Americans. Summary The FBI’s 2024 Internet Crime Complaint Center report documented $16.6 billion in total scam losses, with crypto investment fraud alone accounting for $5.8 billion. The Huione Group, a Cambodia-based conglomerate designated by FinCEN as a primary money laundering concern, received over $39.6 billion in 2025, functioning as core financial infrastructure for scam networks. US authorities seized more than $15 billion…