Author: CoinBulletinDaily.com

TLDR: TAO fell from $337 to $270 within 24 hours after Covenant AI announced its exit over governance concerns. Covenant AI claimed revenue was halted abruptly, and decision-making power shifted away from the broader community. Infrastructure updates were reportedly introduced without consensus, raising concerns among contributors about control. The project, once backed by major AI figures, now faces scrutiny over whether it still operates as decentralized. Bittensor’s native token, TAO, recorded a sharp decline within 24 hours after a public dispute raised concerns about governance and network control. The development followed the exit of Covenant AI, a key contributor, which…

The US government has decided to transfer Bitcoin funds to a Coinbase Prime address following the seizure of funds from Glenn Olivio. This move has consequently increased the government’s total holding to around 328,000 BTC, which is worth more than $22 billion, according to data from Arkham Intelligence. Regarding this report, sources familiar with the situation disclosed that the US government moved approximately 2.438 BTC, valued at $177,000, confiscated from Olivio, in two separate transfers sent to a similar Coinbase account starting with 3EMqu.  Similar movements have been recorded in past cases, including funds associated with Ross Ulbricht, the creator…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Standard Chartered CEO Bill Winters expects every transaction to one day run on blockchain, calling it a “complete rewiring” of global finance. Standard Chartered CEO Believes Blockchain Will Host All Money Eventually As reported by CNBC, Bill Winters talked about the future of finance and Hong Kong’s role in the global digital assets space at a Hong Kong FinTech Week panel on Monday. “Our belief, which I think is shared by the leadership of Hong Kong, is that pretty much all transactions will settle on blockchains eventually,…

Tornado Cash developer Roman Storm and the Department of Justice faced off in court on Thursday to argue over whether a previous money transmitting conviction should be thrown out. On Thursday, in a U.S. District Court for the Southern District of New York courtroom in Manhattan, Judge Katherine Polk Failla heard from both sides, particularly in areas around whether Storm should have blocked transactions or shut down Tornado Cash when he knew that bad actors were using it to launder money and evade sanctions. Failla told the parties not to read too much into her questions, adding that if she…

Imagine playing your favorite video game and actually earning money while doing it. Sounds like a dream, right? Well, that’s exactly what GameFi is making possible.GameFi, short for “Game Finance,” is a mix of gaming and decentralized finance (DeFi). It allows players to earn cryptocurrency and real-world value while playing blockchain-based games. These games reward players with tokens, NFTs (non-fungible tokens), and other assets that can be traded, sold, or used in-game.GameFi is changing the gaming world by giving players full control over their in-game assets. Unlike traditional games where everything is owned by the company, in GameFi, YOU own…

TLDR Morgan Stanley’s Bitcoin ETF, MSBT, is set to begin trading tomorrow on NYSE Arca. The trust will track the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate. MSBT will hold Bitcoin directly and will not use leverage or active trading. The ETF has an annual sponsor fee of 0.14%, which is lower than most competitors. Coinbase and BNY will serve as the trusted custodians for the Bitcoin holdings. Morgan Stanley’s Bitcoin ETF is set to begin trading tomorrow on the NYSE Arca under the ticker MSBT. The U.S. Securities and Exchange Commission (SEC) declared the Morgan Stanley Bitcoin Trust…

The AI jobs picture at Meta is contradictory on paper: the company is eliminating 198 California positions via state WARN Act filings effective May 2026, even as it projects $115 billion to $135 billion in 2026 capital expenditure with a large share directed at AI infrastructure. Summary California WARN Act filings show Meta is cutting 124 jobs at its Burlingame office on Airport Boulevard, effective May 22, and 74 jobs at its Sunnyvale office on Discovery Way, effective May 29 — all permanent per the filings, first reported by the San Francisco Chronicle The May round brings Meta’s confirmed 2026…

Imagine this: You wake up, check your phone, and see that Bitcoin has dropped 20% overnight. Panic sets in. Should you sell? Hold? Buy more? You scroll through Twitter—some people are screaming “bear market,” others say it’s just a dip. Your heart races. You wonder if you’ve made a mistake.Welcome to the world of crypto trading. It’s fast, exciting, and sometimes terrifying. The market moves at lightning speed, and emotions can take over before you even realize it. But here’s the truth: managing risk and controlling fear are the keys to survival and success. If you can master these, you’ll…

The crypto market update oil prices Iran war bitcoin impact news today is being written by an energy market in freefall: US crude surged above $115 per barrel and Brent crossed $111 after Tuesday’s Kharg Island strikes, the IEA’s head declared the Hormuz oil shock worse than the crises of 1973, 1979, and 2022 combined, and the chain connecting oil prices to Bitcoin has never been tighter or more punishing. Summary US crude oil surged above $115 per barrel following Tuesday’s Kharg Island strikes, with Brent crude above $111; gas prices in Los Angeles crossed $6 per gallon, and the…

TLDR: Ethereum stablecoin supply reached $180B, up 150% in three years, holding 60% of the total market share. Token Terminal projects up to $850B in Ethereum inflows by 2030, even if its market share drops to 50%. Public crypto sales fell 93% in eight months, dropping from $698M in June 2025 to $46.8M in February 2026. Private fundraising remains strong, with December 2025 recording $14.5B raised across all crypto funding rounds. Ethereum stablecoin supply has crossed $180 billion, marking a new all-time high according to Token Terminal data. This figure represents a 150% increase over the past three years. Ethereum…