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‘The banks will not accept it’: JP Morgan's Dimon escalates battle over stablecoin rewards in CLARITY Act debate

‘The banks will not accept it’: JP Morgan's Dimon escalates battle over stablecoin rewards in CLARITY Act debate

JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.

US has seized nearly $1 billion in crypto from Iran, Bessent says

US has seized nearly $1 billion in crypto from Iran, Bessent says

Earlier this year, Treasury Secretary Scott Bessent said the U.S. had seized "nearly $500 million" in Iranian crypto assets.

MicroStrategy Moves $30 Million in BTC to Coinbase Prime: Is the Bitcoin Sell-Off Already Here?
BeInCrypto

MicroStrategy Moves $30 Million in BTC to Coinbase Prime: Is the Bitcoin Sell-Off Already Here?

Strategy (formerly known as MicroStrategy), the largest corporate Bitcoin holder, has deposited 411.48 BTC worth roughly $30.3 million dollars into Coinbase Prime, sparking intense speculation about a

The U.S. Has Seized $1 Billion Of Iran's Crypto: Treasury

The U.S. Has Seized $1 Billion Of Iran's Crypto: Treasury

Treasury Secretary Scott Bessent said the U.S. has seized up to $1 billion in Iran-linked crypto.

Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading

Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading

Coinbase can offer U.S. customers access to offshore crypto perpetual futures, a risky form of leveraged crypto trading, the CFTC said Friday.

Lenovo Stock Doubles in May on AI Server Boom—Best Month in 27 Years

Lenovo Stock Doubles in May on AI Server Boom—Best Month in 27 Years

The world's biggest PC maker surged 109% in May after AI revenue hit 38% of quarterly sales. Goldman Sachs more than doubled its target.

JPMorgan Chase CEO Jamie Dimon Declares War On Clarity Act, Calls Coinbase’s Armstrong ‘Full Of Sh*t’

JPMorgan Chase CEO Jamie Dimon Declares War On Clarity Act, Calls Coinbase’s Armstrong ‘Full Of Sh*t’

JPMorgan Chase CEO Jamie Dimon has drawn a battle line in Washington: the Clarity Act, as written, is dead on arrival — and Coinbase CEO Brian Armstrong is

Sui Network Goes Down for Second Day in a Row

Sui Network Goes Down for Second Day in a Row

The Sui Network experienced another temporary disruption on Friday, but normal network activity has resumed, according to the Sui team.

You Can Now Read the US Constitution via the Bitcoin Blockchain

You Can Now Read the US Constitution via the Bitcoin Blockchain

One of America's most important historical documents will forever be inscribed on a Bitcoin block, thanks to someone's $83 transaction fee.

NYSE Parent Isn't 'Freaked Out' by Hyperliquid—It's Learning From the Crypto Perps Giant

NYSE Parent Isn't 'Freaked Out' by Hyperliquid—It's Learning From the Crypto Perps Giant

Intercontinental Exchange CEO Jeffrey Sprecher said his company and Hyperliquid are learning from each other as crypto perps gain ground.

Retired Couple Loses $76,000 Life Savings To Bitcoin ATM Scam, Sues Bitcoin Depot In Federal Court

Retired Couple Loses $76,000 Life Savings To Bitcoin ATM Scam, Sues Bitcoin Depot In Federal Court

An Idaho couple is suing Bitcoin Depot after scammers allegedly used its ATMs to siphon $76,000 in retirement savings.

What to Expect From Pi Network in June 2026
BeInCrypto

What to Expect From Pi Network in June 2026

Pi Network (PI) heads into June with a single whale wallet that has crossed 400 million PI. The token still trades near $0.143, close to its all-time low and weighed down by daily unlocks. The setup f

Coinbase Launches Regulated access to Global Crypto Options and Perps

Coinbase Launches Regulated access to Global Crypto Options and Perps

Coinbase Financial Markets launched access to global crypto options and perpetual futures for US institutions through Deribit under a CFTC-regulated framework.

JPMorgan CEO Jamie Dimon blasts Coinbase's Brian Armstrong, plans to fight Clarity Act

JPMorgan CEO Jamie Dimon blasts Coinbase's Brian Armstrong, plans to fight Clarity Act

Dimon said Coinbase's Armstrong is spending hundreds of millions of dollars trying to get Clarity Act passed.

Bitcoin Reclaims $74,000 as Trump and Iran Pitch 2 Very Different Deal Terms
BeInCrypto

Bitcoin Reclaims $74,000 as Trump and Iran Pitch 2 Very Different Deal Terms

Bitcoin (BTC) climbed back above $74,000 on Friday as traders priced in renewed hope that Washington and Tehran are inching toward a ceasefire, even while the two sides publicly disagreed on what the

AI Models Can’t Agree on Basic Facts Most of the Time, Study Shows

AI Models Can’t Agree on Basic Facts Most of the Time, Study Shows

A new study gave five frontier AI models 1,000 real-world claims to fact-check. They disagreed on 67% of them.

Bitcoin Approaches 'Crucial' Reversal Zone as $72K Gets Closer

Bitcoin Approaches 'Crucial' Reversal Zone as $72K Gets Closer

Bitcoin continues to ignore surging US stocks as BTC price action heads closer to the "crucial" $72,000 mark.

Ex-Celsius CEO Files Motion to Vacate Sentence after Lawyers Withdraw

Ex-Celsius CEO Files Motion to Vacate Sentence after Lawyers Withdraw

Alex Mashinsky has asked a New York judge to vacate his May 2025 sentence, claiming ineffective counsel and deprivation of due process in his case.

U.S. regulator says 24/7 trading is great for crypto, may not be fit for other sectors

U.S. regulator says 24/7 trading is great for crypto, may not be fit for other sectors

As the CFTC issued landmark approvals for crypto perpetual futures contracts, it explained in a related advisory that round-the-clock activity isn't right for all.

Top Energy Executive Warns of Critical Oil Inventory Tightness and Imminent Price Spike
BeInCrypto

Top Energy Executive Warns of Critical Oil Inventory Tightness and Imminent Price Spike

ExxonMobil’s senior vice president has warned that oil inventory tightness will reach critical levels within weeks, setting the stage for a sharp price surge unless physical supply rebounds soon

CFTC Cracks Open U.S. Market For Bitcoin And Crypto Perpetual Futures

CFTC Cracks Open U.S. Market For Bitcoin And Crypto Perpetual Futures

The U.S. Commodity Futures Trading Commission has greenlit the first U.S.-listed bitcoin perpetual futures and opened the door for Coinbase to route American traders into global crypto derivatives markets.

Dell Stock Up 138% on AI and Trump Push, But Pullback Risk Builds
BeInCrypto

Dell Stock Up 138% on AI and Trump Push, But Pullback Risk Builds

Dell stock trades at $317.05 after a 138% rally driven by Trump’s May 8 endorsement and a record Q1 FY27 earnings beat. The internal signals on the chart and in the options market, however, sugg

Ethereum Price Structure ‘Weakening’ as Traders Focus on $1.8K Support

Ethereum Price Structure ‘Weakening’ as Traders Focus on $1.8K Support

Ethereum faces mounting downside pressure as leverage stays high and traders monitor the critical $1,800 support zone.

Mass deployment of AI agents is a disaster waiting to happen, says CertiK CEO

Mass deployment of AI agents is a disaster waiting to happen, says CertiK CEO

Ronghui Gu shares tips on how to isolate AI agents while testing them so they do not have access to critical personal information or digital assets.