UK Sanctions 18 Crypto Firms Tied to Russia’s $90B War Network

The UK has targeted 18 crypto platforms, banks, and financial networks used by the Kremlin-backed “A7” payment network to bypass international economic restrictions. The sanctioned entities are accused of processing more than $90 billion in 2025 to fund Russia’s invasion of Ukraine.  Crypto Platforms Linked to Illicit Russian Flows A TRM Labs report reveals that […]

$23 Billion EU Crypto Tax Forecast Draws Pushback From Circle Policy Lead

Patrick Hansen, Circle’s EU strategy and policy lead, says the bloc’s crypto tax revenue projections may fall short. The European Commission has modeled up to $23 billion across the 2028 to 2034 EU budget cycle. Hansen argued that a transaction-based crypto tax would push users toward DeFi protocols. Self-custody wallets and non-EU venues would erode […]

Bitwise Leader Thinks Hyperliquid is Bigger Than the Crypto Market

Hyperliquid (HYPE) should be valued against the $600 trillion global asset market, not crypto’s $3 trillion universe. That is the case Bitwise Chief Investment Officer Matt Hougan made for the fast-growing perpetual futures platform. Hougan said BHYP, Bitwise’s spot Hyperliquid ETF, has pulled in close to $60 million since its mid-May NYSE debut. He called […]

A16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million

A wallet reportedly tied to venture giant Andreessen Horowitz (A16z) has accumulated 3.9 million HYPE worth about $192.6 million, even as one of Hyperliquid’s earliest backers sold a 1.5 million-token stake to lock in a roughly $95 million profit. Smart Money on Both Sides A wallet that onchain analysts have linked to venture capital firm […]