Iran has put forward a $10 billion Bitcoin-based insurance scheme to protect shipping through the Strait of Hormuz, according to reports. The proposal represents an unconventional approach to securing one of the world's most critical maritime chokepoints amid ongoing geopolitical tensions.
Crypto
4h ago · 2 min read
Markets
5h ago · 2 min read
Crypto
6h ago · 2 min read
Crypto
7h ago · 2 min read
Iran's economy ministry is reportedly developing a bitcoin-settled maritime insurance platform called Hormuz Safe to manage shipping through the Strait of Hormuz. The proposal would allow cargo owners to purchase cryptographically verified insurance certificates instead of explicit tolls, potentially generating billions in revenue for Iran.
2 min read
US crypto ATM operator Bitcoin Depot has filed for Chapter 11 bankruptcy to wind down operations, citing changing regulatory environments that made its business model unsustainable.
2 min read
The Verus-Ethereum bridge fell victim to an $11 million hack on May 18, 2026, with attackers stealing 103.6 tBTC, 1,625 ETH, and 147,000 USDC. The exploit marks another incident in a growing pattern of cross-chain infrastructure vulnerabilities.
2 min read
Verus Protocol's Ethereum bridge was exploited on May 18, 2026 through a fraudulent cross-chain transfer message. Hackers stole $11.58 million in cryptocurrency including 1,625 ETH, 147,659 USDC, and 103.57 tBTC v2, subsequently converted to 5,402 Ether.
2 min read
Bitcoin tumbled below $77,000 Sunday amid escalating geopolitical tensions and renewed inflation concerns. Analysts warn rising oil prices could trigger Federal Reserve rate hikes, pressuring crypto assets.
2 min read
Bitcoin Depot, North America's largest bitcoin ATM operator and Nasdaq-listed company, filed for Chapter 11 bankruptcy on May 18, 2026. The Atlanta-based firm cited stringent state regulations as unsustainable for its business model and is winding down operations.
2 min read
Bitcoin Depot, the largest US Bitcoin ATM operator, filed for Chapter 11 bankruptcy protection on Monday and took its entire kiosk network offline. The filing impacts thousands of machines across North America.
2 min read
Bitcoin fell below $77,000 on Monday as rising oil prices and Treasury yields pressured risk assets. Prediction markets show 98% odds of no Fed rate move in June, reducing appeal of non-yielding assets.
2 min read
The Verus-Ethereum Bridge suffered a security breach on May 18, with attackers draining approximately $11.58 million in digital assets. Multiple blockchain security firms confirmed the exploit, adding to May's growing tally of DeFi exploits.
2 min read
Security firm Blockaid reports an ongoing exploit draining the Verus-Ethereum bridge of 103.6 tBTC, 1,625 ETH, and 147,000 USDC. Peckshield initially flagged the vulnerability as attackers continue extracting funds.
2 min read
Bitcoin's Long-Term Holder supply has climbed back to August 2025 levels as 316,000 BTC moved into strong hands. The accumulation signals renewed conviction among long-term investors in the cryptocurrency market.
2 min read
Harvard's endowment has reduced its Bitcoin ETF stake by 43% and completely exited its Ethereum position, marking a significant shift in institutional crypto exposure. Meanwhile, Abu Dhabi's Mubadala sovereign wealth fund increased its holdings in spot Bitcoin ETFs.
2 min read
Long-term Bitcoin holders accumulated 316,000 BTC over 30 days as markets brace for Federal Reserve FOMC minutes. The lockup of 15 million BTC signals strong institutional confidence ahead of Powell's final policy meeting.
2 min read
Intesa Sanpaolo expanded its cryptocurrency portfolio from $100M to $235M in Q1 2026, marking the Italian bank's deepest institutional push into digital assets through new positions in Ethereum and XRP.
2 min read
The Senate Banking Committee voted 15-9 on Thursday to advance the Clarity Act crypto market structure bill to the Senate floor. Two Democrats joined all Republicans in supporting the measure, signaling potential bipartisan backing.
2 min read
The CLARITY Act markup represents a pivotal regulatory moment for cryptocurrency adoption. Though not yet law, the legislative progress demonstrates growing institutional support for consumer protections in digital assets, potentially unlocking mainstream retail participation.
2 min read
Michael Saylor hints at a larger Bitcoin purchase for MicroStrategy ahead of Monday's 8-K filing, which is expected to confirm the company's acquisition of 15,466 BTC this week.
2 min read
US prosecutors indicted alleged Dream Market administrator Owe Andresen for converting approximately $2 million in cryptocurrency into gold bars, with shipments directed to Germany. The case highlights ongoing law enforcement efforts against darknet marketplace operators.
2 min read
A major cryptocurrency firm is strategizing to retire $1.5 billion in convertible debt, signaling potential bitcoin sales as a funding mechanism. The move reflects corporate debt management in volatile crypto markets.
2 min read
Iran has put forward a $10 billion Bitcoin-based insurance scheme to protect shipping through the Strait of Hormuz, according to reports. The proposal represents an unconventional approach to securing one of the world's most critical maritime chokepoints amid ongoing geopolitical tensions.
2 min read
Japan's nearly $30 billion Treasury debt sale intensifies yield pressure on Bitcoin. Rising US yields typically strengthen the dollar and create headwinds for assets like cryptocurrency that lack yield generation.
2 min read
Iran has launched 'Hormuz Safe,' a bitcoin-settled maritime insurance platform for cargo owners and shipping firms operating through the Strait of Hormuz and Persian Gulf, targeting $10 billion in annual revenue.
2 min read
Bitcoin tumbled below $77,000 Sunday amid escalating geopolitical tensions and renewed inflation concerns. Analysts warn rising oil prices could trigger Federal Reserve rate hikes, pressuring crypto assets.
2 min read
Long-term Bitcoin holders accumulated 316,000 BTC over 30 days as markets brace for Federal Reserve FOMC minutes. The lockup of 15 million BTC signals strong institutional confidence ahead of Powell's final policy meeting.
2 min read
