Samourai Wallet developer gets 5 years in prison
Keonne Rodriguez — a co-developer of the Bitcoin privacy platform Samourai Wallet — has been sentenced by a New York judge to five years in prison and ordered to pay a $250,000 fine after pleading guilty to conspiracy to operate an unlicensed money-transmitting business. Read more →
Sharplink Shows Off Staking Yields, Despite Market Strain
Sharplink (SBET) says it earned 459 ETH in staking rewards last week, bringing cumulative rewards to 6,575 ETH since launching the strategy in June. The company says its ETH remains 100% staked in an institutional-grade setup and is “compounding value for shareholders” – a good reminder that ETH DATs, unlike BTC DATs, passively generate on-chain yield. While bulls on X are annualizing last week’s haul into big numbers, it’s important to note that companies like SBET and BitMine (BMNR) – the largest publicly-traded holder of ETH, fresh off a big investment from Cathie Wood’s ARK – have seen their mNAVs slide aggressively on capital-structure concerns and weaker prices. Read more →
Kazakhstan to launch $1 billion crypto reserve fund
The fund, which is expected to launch by early 2026, will be seeded with assets seized or repatriated from abroad, as well as proceeds from state-backed mining operations. The ultimate goal is to give the country a way to diversify away from oil exports as the main economic driver. The announcement came on the same day as it was reported that Kazakhstan will be joining the Abraham Accords. Read more →
Elon Musk's $1 trillion Tesla pay plan wins shareholder approval Link»
Jack Dorsey’s Block (XYZ) sees nearly $2 billion in bitcoin revenue in Q3, nearly 1/3 of its total revenues Link»
Trump Media (DJT) stock slump deepens as losses mount Link»
Strive raises $160 million to buy more BTC Link»
We Legalized Sports Betting. Was It Worth It? Link»
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