Author: Isabella Taylor

A key figure allegedly behind the Huione network has been extradited to China, where he will face fraud and money laundering charges. Summary Li Xiong, linked to the Huione network, has been extradited from Cambodia to China to face fraud and money laundering charges. Authorities have tied Huione Group to a vast illicit marketplace that processed over $89 billion in crypto tied to scam operations across Asia. Despite U.S. enforcement actions, including FinCEN restrictions, the network has continued operating through new domains and active Telegram channels. A report from Hong Kong-based news outlet Ta Kung Wen Wei noted that Li…

Bitcoin price drifted closer to a key support zone near $65,000 after Donald Trump signaled that military action in the Middle East is set to continue over the coming weeks. Summary Bitcoin slipped toward the $65,000 support zone after Trump signaled continued military action in the Middle East. Oil prices climbed back above $100, adding pressure on risk assets as traders reacted to renewed geopolitical tensions. Addressing the nation from the White House on Wednesday, Trump said U.S. forces are nearing the final stages of “Operation Epic Fury,” describing it as a campaign that has already crippled large parts of…

Art on Tezos is no longer a niche experiment; at TezDev 2026 in Cannes, it felt like a working model of where digital culture is going next. Summary At TezDev 2026 in Cannes, “Art on Tezos” staged an immersive, projection-mapped environment that framed on-chain work as a living model for digital culture. Speakers highlighted how Tezos lowers costs and barriers so artists from Kurdistan, Africa and South America can build sustainable practices and even escape repression. Trilitech’s planned Tezos-powered exhibition at HEK Basel signals that on-chain art is moving deeper into museum ecosystems, compressing photography’s century-long legitimation curve. TezDev 2026…

Hedera price has been in a downtrend over the past month as the token continues to be bruised by the geopolitical concerns that have pushed investors away from risk assets. Summary Hedera price dropped to a six-week low of $0.083, down over 12% in a month amid weak market sentiment and geopolitical tensions. On-chain activity declined, with DeFi app revenue falling nearly 70% and stablecoin supply dropping 6%, signaling reduced network usage and liquidity. Technical indicators remain bearish, with price trading in a descending channel and key support seen at $0.087. According to data from crypto.news, Hedera (HBAR) price fell…

Coinbase is folding regulated prediction markets into its “everything exchange” vision, using The Clearing Company to clear on‑chain event contracts beside crypto and stocks. Summary Coinbase is moving prediction markets from a Kalshi integration toward an on‑chain, in‑house stack after acquiring The Clearing Company, aiming to keep them inside a regulated perimeter. In Europe, financial‑underlying prediction markets fall under MiFID while politics and sports are pushed into fragmented national gambling regimes, leaving most current on‑chain volume in regulatory limbo. Coinbase is already experimenting with cross‑margining via perpetual futures and sees long‑term scope to extend collateral efficiency across prediction markets, crypto,…

Pearl is Olas’s consumer gateway to a future where narrow AI agents quietly trade, curate and create prediction markets at a scale humans will never touch, says co‑founder David Minarsch. Summary Olas co‑founder David Minarsch traces Pearl back to early agent work at Fetch.ai and Valory, then pivots from B2B DAO tools to a consumer app for owning AI agents. Pearl backs tightly scoped, long‑running agents like Polystrat, which filters Polymarket markets, applies prediction tools and has at times outperformed human traders by 2–3x. Minarsch sees prediction markets as economic training grounds for AI, with agents already a large share…

Summary Gnosis, Zisk and the Ethereum Foundation unveiled the Ethereum Economic Zone (EEZ) at EthCC in Cannes to unify fragmented Ethereum layer-2 networks. The framework targets over 20 L2s securing roughly $40 billion in value, enabling synchronous composability without relying on bridges and standardizing ETH as gas. Early backers include Aave and Centrifuge, with developers calling EEZ a “new era” for on-chain applications as Ethereum grapples with slowing fee revenue and a weaker deflationary narrative. The Ethereum (ETH) ecosystem took aim at one of its biggest structural weaknesses at EthCC 2026, as Gnosis, Zisk and the Ethereum Foundation publicly launched…

Summary EthCC 2026 attendees reported noticeably fewer women at this year’s conference in Cannes, with industry participants linking the decline to market‑driven job cuts in marketing, PR and events roles Crypto recruiter PlexusRS says women still account for under 8% of crypto hires despite a 137% jump in female placements last year, underscoring how fragile recent diversity gains remain when markets turn. Broader corporate layoffs tied to artificial intelligence and cost‑cutting have hit non‑technical roles hardest across finance and technology, a pattern echoed in recent coverage by the Financial Times and Fortune. Women’s visibility at Europe’s flagship Ethereum (ETH) conference…

SpaceX has reportedly filed confidential IPO papers with the SEC, eyeing a June 2026 listing at over $1.75T and up to $75B raised after its $1.25T xAI merger valuation. Summary Elon Musk’s SpaceX has reportedly submitted a confidential IPO registration to the SEC, targeting a valuation above $1.75 trillion and a June 2026 listing. The listing could raise as much as $75 billion, eclipsing Saudi Aramco’s $29.4 billion offering, the current record for funds raised in an IPO. SpaceX’s recent $1.25 trillion valuation following its acquisition of Musk’s AI venture xAI positions it as the world’s most valuable private company…

eToro has secured a New York BitLicense and money transmission license, reopening crypto trading to New Yorkers and extending its US coverage to 48 states after a 2024 SEC settlement. Summary eToro has secured both a New York BitLicense and a money transmission license, opening its crypto platform to residents of New York. The approvals mean eToro now offers cryptocurrency trading in 48 US states, following a $1.5 million settlement with the SEC in 2024. The company calls New York “the heart of the financial markets” and frames the move as a strategic milestone in its US expansion. Online brokerage…