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Sam Bankman-Fried files formal clemency petition seeking Trump pardon for FTX fraud conviction
1d ago·Crypto
viaCryptoSlateBBCBitcoin MagazineCoinDesk

Sam Bankman-Fried, serving a 25-year sentence for the FTX fraud, officially filed a clemency petition with the White House on Monday seeking a presidential pardon from Trump — even after the president had previously told him not to count on one.

Sam Bankman-FriedSam Bankman-Fried5.9 ΦDonald TrumpDonald Trump38.0 Φ
Saylor's Strategy sells 32 bitcoin to fund preferred dividends as BTC tumbles
8d ago·Crypto
viaDecryptThe BlockCoinDeskCointelegraph

Strategy's late-May 8-K filing shows the firm sold 32 BTC at an average $77,135 to fund preferred-stock dividends, breaking from its 'never sell' stance as Bitcoin slid to $72,000.

Michael SaylorMichael Saylor56.2 Φ
Dimon escalates CLARITY Act fight, accuses Armstrong of spending 'hundreds of millions' to pass it
11d ago·Crypto
viaCoinDeskThe Block

JPMorgan CEO Jamie Dimon blasted Coinbase CEO Brian Armstrong over the CLARITY Act's stablecoin-rewards provision, warning 'the banks will not accept it' as the bank-versus-crypto lobbying fight enters its public phase.

Brian ArmstrongBrian Armstrong55.4 Φ
JPMorgan's Dimon vows to fight crypto Clarity Act, blasts Coinbase's Armstrong
11d ago·Crypto
viaBitcoin MagazineThe Block

JPMorgan chief Jamie Dimon said the bank would fight the crypto market-structure Clarity Act and attacked Coinbase chief Brian Armstrong's support for it, sharpening a Wall Street–crypto clash over the bill.

Brian ArmstrongBrian Armstrong55.4 Φ
Musk-led Tesla–SpaceX merger talks would create world's fifth-largest corporate bitcoin treasury
13d ago·Crypto
viaDecryptCoinDesk

CNBC report says Musk has discussed combining the two companies; their joint 30,221 BTC stash would be worth about $3.3bn, behind only Strategy, Twenty One Capital, Mallers's firm and one other.

Elon MuskElon Musk77.6 ΦMichael SaylorMichael Saylor56.2 Φ
Trump backs CFTC over states on prediction markets, calls state regulators 'scum'
14d ago·Crypto
viaDecryptCointelegraphGuardianThe Hill+2 more

Donald Trump said it is 'critically important' for the CFTC to retain 'exclusive authority' over prediction markets and attacked state officials suing platforms like Kalshi and Polymarket as 'scum,' siding with CFTC Chair Michael Selig's federal-pre-emption push.

Donald TrumpDonald Trump38.0 Φ
UK sanctions Justin Sun's HTX exchange over alleged Russia sanctions-evasion ties
14d ago·Crypto
viaDecrypt

British financial institutions are barred from dealing with HTX and may have to freeze on-chain transactions that passed through it; foreign secretary Yvette Cooper says Kremlin cannot 'hide behind crypto networks'.

Justin SunJustin Sun18.7 Φ
Buterin says Ethereum Foundation will be a 'smaller ship' as he fires back at critics urging token-price action
16d ago·Crypto
viaCointelegraphThe Block

Vitalik Buterin defended the Ethereum Foundation as 'one node' rather than the center of the ecosystem, pushed back at critics calling for ETH price support, and said the EF will sell less ETH amid researcher departures.

Vitalik ButerinVitalik Buterin77.9 Φ
Trump signs order pressing Fed to open payment rails to crypto firms
19d ago·Crypto
viaThe BlockBitcoin MagazineDecryptCryptoSlate+1 more

Executive order titled 'Integrating Financial Technology Innovation into Regulatory Frameworks' gives regulators three months to audit barriers and six months to act.

Donald TrumpDonald Trump38.0 Φ
Vitalik Buterin says AI 'formal verification' could make crypto networks much more secure
22d ago·Crypto
viaDecryptCoinDesk

In a Monday blog post, Ethereum's co-founder argued AI-assisted formal verification of code could be 'far more secure than the way programming has been done before.'

Vitalik ButerinVitalik Buterin77.9 Φ
Saylor's Strategy buys $2bn more Bitcoin, lifting holdings to 843,738 BTC
22d ago·Crypto
viaCointelegraph

An 8-K filing shows Strategy acquired 24,869 BTC for $2.01bn between May 11 and 17, funded almost entirely by STRC preferred-stock sales.

Michael SaylorMichael Saylor56.2 Φ
Saylor presses STRC retail holders for semi-monthly dividend vote, signals another Bitcoin buy
23d ago·Crypto
viaCointelegraphCointelegraph

Strategy's chairman ran a weekend campaign for proxy votes ahead of a June 8 deadline while flagging a likely BTC purchase this week.

Michael SaylorMichael Saylor56.2 Φ
House Agriculture leaders press Trump to fill CFTC as CLARITY Act advances
25d ago·Crypto
viaThe BlockCointelegraphCoinDesk

The bipartisan leaders of the House Agriculture Committee asked Trump to nominate a full panel of CFTC commissioners, citing the rulemaking the CLARITY Act would require.

Donald TrumpDonald Trump38.0 Φ
Saylor's Strategy to repurchase $1.5bn of 2029 convertible notes, may sell bitcoin to fund it
25d ago·Crypto
viaDecryptThe BlockBitcoin MagazineCoinDesk

Strategy entered an agreement Friday to retire $1.5bn of its 2029 convertible notes for about $1.38bn, listing bitcoin sales among the funding options as it pares an $8.2bn debt stack.

Michael SaylorMichael Saylor56.2 Φ
CLARITY Act clears Senate Banking Committee 15-9 as two Democrats break ranks
26d ago·Crypto
viaCryptoSlateCointelegraphBitcoin Magazine

The Digital Asset Market CLARITY Act advanced Thursday on a bipartisan vote, sending the crypto market-structure bill toward a full Senate floor test after a contentious markup.

Donald TrumpDonald Trump38.0 Φ
Coinbase's Armstrong backs CLARITY Act ahead of Senate Banking markup
27d ago·Crypto
viaCointelegraphDecryptBitcoin Magazine

Coinbase CEO Brian Armstrong publicly backed the CLARITY Act before a Thursday Senate Banking Committee markup, calling the digital-asset market-structure bill the closest crypto has come to comprehensive US rules.

Brian ArmstrongBrian Armstrong55.4 Φ
Strategy resumes Bitcoin buying with $43M purchase as Saylor pivots to '30-for-1' framework
29d ago·Crypto
viaDecryptBitcoin Magazine

Treasury firm adds 535 BTC after last week's pause; Saylor says Strategy will buy 30 BTC for every one sold.

Michael SaylorMichael Saylor56.2 Φ
Saylor's Strategy buys $43M more bitcoin, frames new '10-to-20' accumulation rule
30d ago·Crypto
viaCointelegraphDecryptBitcoin MagazineThe Block+1 more

Michael Saylor's Strategy purchased 535 bitcoin for $43 million, lifting total holdings to 818,869 BTC and pairing the buy with his framing that the firm would acquire 10 to 20 coins for every one it sells.

Michael SaylorMichael Saylor56.2 Φ