Senators Press Lutnick, Tether Over Loan Tied to Cantor Stake Transfer to Trust

Senators escalated scrutiny of a reported Tether loan tied to Commerce Secretary Howard Lutnick’s family trust, raising conflict-of-interest and national security concerns. Warren and Wyden cited a New York credit filing involving “Dynasty Trust A.” Key Takeaways: Senators questioned a reported Tether loan tied to Howard Lutnick’s family trust. Concerns include conflicts, national security ...
3 May 2026

OKX: 90% of US Crypto Traders Surveyed Fear Dollar Purchasing Power Drop

Deepening inflation fears are pushing U.S. crypto traders into digital assets, as 90% worry the dollar will lose purchasing power. An OKX survey found 49% increased crypto holdings since January, reflecting intensifying pressure on portfolio strategies. Key Takeaways: 90% of surveyed traders fear the dollar will lose purchasing power. 49% increased crypto holdings since ...
3 May 2026

Trump’s WLFI Sells 5.9 Billion Tokens to Private Buyers, Leaving Early Investors Locked Out

World Liberty Financial has sold an additional 5.9 billion WLFI tokens to undisclosed private investors, without informing existing backers, sending the token to an all-time low and deepening scrutiny over the Trump family-backed decentralized finance ( DeFi) project. Key Takeaways: WLFI sold 5.9 billion tokens privately without disclosing buyers, sending the token to an ...
3 May 2026

Seoul Court Rescues Bithumb from Record 6-Month Suspension

A Seoul court has temporarily halted a six-month partial business suspension imposed on South Korean crypto exchange Bithumb, dealing a significant legal setback to the country’s financial regulator just weeks after a similar ruling went against it in the Upbit case. Key Takeaways: Seoul’s court halted Bithumb’s 6-month FIU suspension on April 30, allowing ...
3 May 2026

Taiwan Lawmaker Calls for Bitcoin Reserve Funded by $602B FX Chest

A Taiwanese legislator has formally presented a proposal to the country’s premier and central bank governor to allocate part of Taiwan’s $602 billion in foreign exchange (FX) reserves into bitcoin. Key Takeaways: Legislator Ko Ju-Chun presented a BPI bitcoin reserve report to Taiwan’s premier and central bank. Taiwan’s $602B FX reserves are over 80% ...
3 May 2026
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