Author: CoinNewsJunction.com

TLDR New York Attorney General Letitia James has sued Coinbase and Gemini over alleged illegal gambling on their prediction market platforms. The state seeks at least $2.2 billion from Coinbase and $1.2 billion from Gemini in penalties and forfeited profits. James claims the platforms allowed users aged 18 to 21 to place sports-related bets, which violates New York law. Coinbase argues that prediction markets fall under federal oversight by the Commodity Futures Trading Commission. The legal dispute adds to ongoing court battles between the CFTC and several U.S. states over event-based trading platforms. New York Attorney General Letitia James has…

U.S. spot Bitcoin ETFs recorded an eighth straight day of net inflows after drawing $223.2 million on Thursday. The latest inflow pushed total net additions above $2 billion during the current run. Summary Spot Bitcoin ETFs logged $223.2 million in net inflows, extending their streak to eight days. BlackRock’s IBIT led Thursday’s flows with $167.5 million as total inflows topped $2 billion. Bitcoin held near $78,000, while analysts linked ETF demand to stronger institutional accumulation. BlackRock’s IBIT led the day with $167.5 million in net inflows, according to SoSoValue data. Funds from Ark Invest and 21Shares, Morgan Stanley, and Grayscale…

TLDR: Bitcoin long-term holder supply in profit has declined to 66.5%, nearing lower historical ranges Newly matured BTC holdings are entering long-term status at a loss due to past higher prices Six-month holding period creates a lag effect in Bitcoin long-term holder supply metrics Current data shows pressure on long-term holders, though conditions are not worsening further Bitcoin long-term holder supply is showing signs of stress despite the recent price recovery. Data indicates a shift in profitability dynamics, as coins aging into long-term status are entering at a loss, shaping current on-chain metrics. Long-term holder supply faces pressure Recent market…

TLDR Sberbank confirmed it will launch crypto trading services after Russia enacts digital asset regulation and exchange trading begins. Ruslan Vesterovsky said the bank stands ready to provide access once the legal framework takes effect. The Bank of Russia continues to classify cryptocurrencies as high-risk instruments under its policy framework. The central bank’s December 2025 concept allows qualified and non-qualified investors to buy crypto assets under set conditions. Non-qualified investors may invest up to 300,000 rubles per year after passing a mandatory test. Russia’s largest lender signaled readiness to enter cryptocurrency trading once national rules take effect. Senior Vice President…

Key Takeaways: ZachXBT and Binance Security froze $800,000 of a $2 million crypto ransom paid after a 2023 kidnapping in France. The father of French streamer TeufeurS was abducted in Sarthe by attackers posing as Amazon delivery workers and filmed at gunpoint. Six suspects tied to the case have since been arrested, with details first disclosed publicly in April 2026. How the Attack Unfolded The kidnapping took place in August 2023 in Sarthe, a department in northwestern France where the attackers posed as Amazon delivery workers to approach the victim before forcing him into a vehicle. Once in captivity, TeufeurS’s…

Fundstrat Global Advisors co-founder Tom Lee has backed a $250,000 Ethereum price target presented in a recent Etherealize report.  Summary Tom Lee backed an Etherealize report that values Ethereum at $250,000 using long-term market assumptions today. The report says Ethereum staking offers yield, giving ETH a different value case than Bitcoin. Researchers argued Ethereum’s Proof-of-Stake model may support stronger long-term network security than Bitcoin mining. The call adds another high-profile voice to the debate around Ethereum’s long-term value as ETH remains one of the market’s most watched digital assets. Lee described the report as “a fresh and comprehensive take” on…

TLDR Thailand SEC has proposed new rules to allow digital asset firms to apply for derivatives licenses within existing entities. The proposal removes the requirement for crypto firms to establish separate companies for derivatives operations. The regulator aims to expand access to crypto futures while strengthening oversight and compliance standards. The consultation period will remain open until May 20 for industry feedback. Blockchain.com launched perpetual futures trading with up to 40% leverage using Bitcoin as collateral. Thailand’s securities regulator has opened consultation on new licensing rules for digital asset firms. The proposal allows firms to seek derivatives licenses within existing…

As Dogecoin (DOGE) consolidates below a key area, some analysts suggest that the market’s recent bullish momentum and whale accumulation could push the memecoin’s price above a crucial resistan level soon. Related Reading Dogecoin Big Price Move Faces Strong Resistance On Tuesday, Dogecoin continued to move sideways between the $0.093-$0.096 price range after failing to break above a crucial resistance level. Amid last week’s market pump, the leading memecoin broke out of the $0.096 barrier for the first time in two weeks, briefly touching the $0.10-$0.102 resistance on Friday. Market analyst Ali Martinez suggested that DOGE is preparing for a…

TLDR: April 2026 recorded $606M in losses across 12 exploits, surpassing total Q1 losses by 3.7x. Social engineering led the largest breach, with Drift Protocol losing $285M in a 12-minute attack. Kelp DAO hack drained $293M via a bridge flaw, marking 2026’s largest DeFi exploit so far. Cross-chain risks surged as Aave absorbed $177M in bad debt tied to compromised rsETH collateral. Crypto exploits totaling $606 million hit the market across 12 incidents in just 20 days during April 2026. This makes it the worst month since the $1.4 billion Bybit breach in February 2025. The attacks spanned social engineering,…

The major benefit of no-annual-fee travel credit cards is that there are no annual costs associated with card ownership. However, there are major differences between no-annual-fee credit cards offered by various financial institutions, ranging from bonuses, APRs, transaction fees, and more. In this article, we are going to examine the best travel credit cards with no annual fees to help you decide which one is right for you. The 6 best no-annual-fee travel credit cards: Examining top options for 2026 In the following section, we are going to examine and compare some of the best credit cards with no annual fees…