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According to a Reuters investigation published on May 1, Nobitex, Iran's dominant crypto exchange with roughly 11 million users, was founded by brothers Ali and Mohammad Kharrazi, members of an elite political family tied by marriage to all three of Iran's supreme leaders.
The Kharrazi family has d
Dennis Porter, founder of Satoshi Action, explained that the U.S. government and military are shifting their perspective on Bitcoin from a purely financial investment to a critical component of national defense. According to Porter, Bitcoin is increasingly being considered a "national security
According to BlockBeats, on May 4, U.S.-Iran negotiations entered a substantive text exchange phase following diplomatic talks. Iran submitted a 14-point proposal via Pakistan, outlining a three-phase roadmap with a full ceasefire within 30 days, port blockade lifting, and Strait of Hormuz reopening
According to The Block, on May 1, lawyers representing North Korea terrorism creditors served a restraining notice on Arbitrum DAO, preventing the release of 30,766 ETH (~$71.1 million) that the Arbitrum Security Council froze on April 20 following the Kelp DAO exploit. The notice names Arbitrum DAO
According to a Reuters investigation published Friday, May 2, Nobitex, Iran's dominant crypto exchange with roughly 11 million users, was founded by brothers Ali and Mohammad Kharrazi, members of a family related by marriage to all three of Iran's supreme leaders. The brothers registered the company
Bitcoin recovered from a midweek dip to $75,500 to climb back above $78,000 by Saturday morning in Asia, supported by legislative progress on crypto market structure. The Senate's stablecoin yield compromise removed a key roadblock to advancing crypto-related legislation.
## Bitcoin Price Recovery
Brazil's central bank has banned stablecoins and cryptocurrencies from being used for settlement in cross-border payments, according to the announcement.
Scope of the Ban
The restriction applies specifically to fintechs and payment firms, effectively closing the back-end payment rail for cross-bo
According to Digital Asset CEO Yuval Rooz, Canton network's guardrail design can prevent North Korean-linked hacking groups from operating within its ecosystem, as DeFi faces mounting threats from state-sponsored actors. Rooz told Decrypt that financial institutions have inquired about defenses agai
According to a Reuters investigation published Friday, Nobitex, Iran's dominant crypto exchange with roughly 11 million users, was founded by brothers Ali and Mohammad Kharrazi, members of a family with close ties to Iran's supreme leaders. The brothers registered the company in 2018 under an altern
Brazil's central bank has banned stablecoins and cryptocurrency settlement in cross-border payments, according to the announcement. The ban applies to fintechs and payment firms, effectively closing the back-end payment rail for cross-border crypto flows. However, individual crypto investors
Bitcoin reclaimed the $79,000 level on May 3 as traders balanced improving crypto market structure against elevated Brent crude prices and geopolitical uncertainty. BTC pushed above $79,000 but faced rejection near the $80,000 resistance zone. Brent crude held around $108.17 per barrel after a volat
According to a Reuters investigation published Friday, Nobitex, Iran's dominant crypto exchange, was founded by brothers Ali and Mohammad Kharrazi from an elite political family connected by marriage to all three supreme leaders of the Islamic Republic. The exchange claims roughly 11 million users a
According to The Block, Andreessen Horowitz submitted an 18-page comment letter to the Commodity Futures Trading Commission on Friday, supporting federal oversight of prediction markets and opposing state-level crackdowns. A16z argued that cease-and-desist letters and proposed bans by state regulato
According to ChainCatcher, UK Reform Party leader Nigel Farage is facing conflict-of-interest allegations after receiving a 5 million pound personal donation from crypto investor Christopher Harborne in 2024. Following the donation, the party proposed regulatory changes in 2025 that would reduce cry
According to Bloomberg, the Bank of England and UK Treasury are discussing slowing the digital pound (Britcoin) project, with a decision originally planned for this summer now likely to be postponed. Regulators want to first observe progress in private-sector