John Crawford

John Crawford

F2Pool Co-Founder’s 2,900 BTC Condo Sells for 7 BTC

Bitcoin mining pioneer Wang Chun said he sold a condominium in Pattaya, Thailand, for 7 Bitcoin, a fraction of the 2,900 BTC he paid for the property in 2015, highlighting the steep opportunity cost of early crypto spending. The F2Pool co-founder disclosed the transaction in a Tuesday X post. Chun bought the apartment in North

Nakamoto Sells $20M Bitcoin, Exits Metaplanet at Loss in Q1

Nakamoto, the Bitcoin treasury company formerly known as KindlyMD, sold $20 million worth of Bitcoin in March and cut a large portion of its Metaplanet stake at a loss during the first quarter of the year. The company, chaired by David Bailey, sold roughly 284 Bitcoin (BTC) for $20 million, implying an average price of

Lawmakers Press CFTC to Warn Federal Employees About Event Contracts

At least 42 Democratic lawmakers have written the US commodities regulator and the US Office of Government Ethics, demanding that it warn federal employees not to use inside knowledge to trade in prediction markets. The letter, addressed to Commodity Futures Trading Commission Chair Mike Selig and the Office of Government Ethics, was prompted by “multiple

KuCoin’s Parent Company Agrees to $500K Civil Penalty to Resolve Charges

KuCoin’s parent will pay $500,000 to settle CFTC charges following a separate $300 million penalty in a DOJ case over similar conduct. The parent company of KuCoin will pay a $500,000 civil penalty to settle a case by the US Commodity Futures Trading Commission alleging it operated an unregistered offshore commodities exchange. In an announcement

Google Says Quantum Computers Can Crack Crypto Faster

New research from Google shows that quantum computers could require far less resources than previously thought to break the cryptography that secures cryptocurrency blockchains.  Google’s new research, released on Monday, estimates a quantum computer could crack the cryptography protecting Bitcoin (BTC) and Ethereum (ETH) using fewer than 500,000 physical qubits, based on its current assumptions

Dubai Sets Crypto Derivatives Rules, Allows Retail With Leverage Cap

Dubai’s Virtual Assets Regulatory Authority (VARA) has introduced a new regulatory framework for crypto exchange-traded derivatives (ETDs), laying out how licensed crypto companies can offer the products in the emirate. In a Tuesday announcement shared with Cointelegraph, the framework, set out in Version 2.1 of VARA’s Exchange Services Rulebook, outlines requirements covering client suitability, leverage

Bitmine’s Ether Buying Streak Reaches Fifth Week

Bitmine Immersion Technologies has extended its Ether buying streak into its fifth week, scooping up 71,179 Ether in its largest weekly purchase of 2026 so far.  The roughly $147 million Ether (ETH) buy represents a jump from Bitmine’s previous weekly average of $93 million to $103 million, the company said in a statement on Monday.

Labor Department Moves Closer to Allowing Crypto in 401(k)s

The US Department of Labor has proposed a rule change seeking to expand investment options in 401(k) retirement plans, including crypto, moving the country one step closer to implementing US President Donald Trump’s executive order in August. A notice for the Labor Department’s proposal, titled “Fiduciary Duties In Selecting Designated Investment Alternatives,” appeared on the

Senators Question SEC on Enforcement Chief’s Exit

Two Democratic senators are pressing the Securities and Exchange Commission for answers over the March resignation of enforcement chief Margaret Ryan after Reuters reported she clashed with agency leadership over cases involving people tied to President Donald Trump. In a letter to SEC Chair Paul Atkins on Monday, Senator Richard Blumenthal questioned the agency over

US Charges Alleged Uranium Finance Hacker Over $54M DeFi Exploit

US authorities have unsealed an indictment against the man accused of hacking Uranium Finance, a now-defunct decentralized finance platform that lost over $54 million across two exploits in 2021. The US Attorney's Office for the Southern District of New York on Monday accused Maryland resident Jonathan Spalletta of carrying out two separate hacks against Uranium
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