Crypto-Backed PAC Scales Back Ad Spending in Massachusetts Primary

An affiliate of the political action committee (PAC) Fairshake, which was responsible for pouring more than $130 million in ads and media in the 2024 election cycle, is supporting at least one candidate in Tuesday’s primary in Massachusetts. According to Federal Election Commission (FEC) records as of Tuesday, the Protect Progress PAC, a Fairshake affiliate, … Read more

Bitcoin Defies Seasonal Slump With Third-Best August Ever

Bitcoin is known for its summer slumps. But August was different.  In fact, the leading cryptocurrency had its third best August ever.  As highlighted on Tuesday by Bitwise’s European Head of Research, André Dragosch, bitcoin delivered returns of 25% last month.  “No ‘summer lull’ so far,” Dragosch wrote on X, highlighting that the only better … Read more

Bitcoin Slides As Iran-US Tensions Escalate

Bitcoin slid on Tuesday after investors went into “risk-off” mode following escalating attacks between the U.S. and Iran.  The largest cryptocurrency had initially shrugged off President Donald Trump’s threats to the Middle Eastern nation, as well as the first strikes.  But things heated up on Tuesday, and bitcoin’s price slid. It was recently down more … Read more

BlackRock’s IShares Bitcoin Trust Is Beating Top S&P 500 ETF

BlackRock’s iShares Bitcoin Trust exchange-traded fund has delivered better returns since its 2024 launch than Vanguard’s popular S&P 500 fund.  That’s according to Bloomberg data highlighted by the firm’s senior ETF analyst, Eric Balchunas, who said that the BlackRock product’s cumulative percentage return was only slightly ahead of Vanguard’s in the time period.  BlackRock’s bitcoin … Read more

Fake Claude App Spreads RevStealer Crypto Malware

A fake Claude desktop application is reportedly being used to distribute RevStealer, a Windows malware strain built to steal crypto, password and browser data. According to a Monday report by cybersecurity company Morphisec, RevStealer was previously distributed through GitHub repositories and game-cheat-themed sites but the most notable is a fake “Claude Opus 5 Free Desktop” … Read more

Bitcoin Unfazed By Trump’s Iran Threats

Bitcoin on Monday shrugged off tensions in the Middle East, barely moving despite U.S. President Donald Trump vowing to hit Iran hard.  The price of the biggest cryptocurrency recently stood at $79,076, unmoved over a 24-hour period. The coin also hasn’t budged from where it stood seven days ago.  Geopolitical strife has this year hurt … Read more

Strategy Opposes MSCI Proposal, Claims Unfair Persecution

Bitcoin treasury Strategy has blasted Morgan Stanley Capital International’s proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.”  Writing in a letter to MSCI Monday, the Nasdaq-listed Bitcoin behemoth’s founder, Michael Saylor, and CEO, Phong Le, said that the company was discriminating against digital asset businesses.  MSCI said earlier … Read more