PayPal-Backed Raise Secures $63M to Expand Blockchain-Based Gift Card System The company aims to bring digital gift cards on-chain, turning them into a “programmable retail currency.”

Pakistan to Set Up Council to Oversee Crypto Policy: Report The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.

FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.

CoreWeave Eyes $4B IPO, Could File for U.S. Listing Within a Week: Bloomberg The AI firm is targeting a valuation of over $35 billion, according to the report.

Bitcoin Registers Biggest 3-Day Price Slide Since FTX Debacle. What Next? In a worst case scenario, prices could slide to the $72,000–$74,000 range, one analyst said.

Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration in Delaware Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.

The Future of Crypto Enforcement in the U.S. The SEC won’t be giving up on enforcing crypto regulations, but what it focuses on will be different, writes a former head of the SEC’s crypto unit.

One of 2 Remaining Democrats at U.S. CFTC Will Exit When New Chair Arrives As the crypto industry awaits a surge in digital assets authority at the U.S. derivatives agency, Democrat Christy Goldsmith Romero plans to call it quits.

SEC Drops Probe Into Gemini, Cameron Winklevoss Demands Recompense In a Wednesday X post, the co-founder and president of Gemini suggested the SEC publicly fire all staff members involved in the investigation.

Stablecoins Take Center Stage at Senate’s First Digital Assets Subcommittee Hearing Legislators convened a panel to discuss what stablecoin and market structure bills need to address.

Gotbit Founder Aleksei Andriunin Extradied to U.S. on Fraud Charges The 26-year-old Russian national had been living in Portugal.

U.S. Appeals Court (Mostly) Affirms 2023 Ruling Tossing Out Uniswap Class Action Suit Only the state law claims will get another shot.

SEC, Justin Sun, Tron Ask Court to Pause Fraud Case Over ‘Potential Resolution’ SEC, Justin Sun, Tron Ask Court to Pause Fraud Case Over ‘Potential Resolution’

Bitcoin Miners Drawing Power From Grids Will Face ‘Reckoning’ Post Next Halving, MARA Says With rising energy cost, many miners may not survive the 2028 halving, MARA said.

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.

The Protocol: Ethereum’s Pectra Goes Live on Testnet Also: Avalanche Visa card launched; EF executive director leaving; hackers using fake GitHub to steal bitcoin.

Bybit and Safe Custody Are at Odds on Who’s to Blame for $1.5B Hack The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.

A Smarter Way to Crypto Diversification? Institutional investors are increasingly allocating to crypto, but the key question is whether to focus solely on bitcoin or diversify across multiple cryptocurrencies to optimize risk-adjusted returns and portfolio resilience.

In Defense of the ‘MSTR Premium’ The premium given to the company’s massive bitcoin holdings will exist as long as investors believe it will continue to increase the amount of its bitcoin held per share.

UK Introduces Crime Bill That Extends Powers for Courts When Retrieving Crypto The Crime and Policing Bill has measures on how to value crypto and retrieve it from criminals.