TL;DR

• The Trump family’s WLFI project is set to launch a governance platform that will run on both Ethereum and Scroll.

• U.S. senators have introduced a draft bill aimed at regulating stablecoins.

• A wallet connected to Shenyu transferred all 618.88 WBTC it held into Binance within the last 12 hours.

• The U.S. SEC has settled with Rimar Capital over a $4 million scheme involving “AI laundering.”

• Bitnomial has filed a lawsuit against the U.S. SEC regarding XRP futures, challenging the agency's stance that XRP is still classified as a security.

• The Stacks Foundation announced that its Primary Testnet successfully completed a hard fork.

• Elon Musk switched the X account avatar to feature an image related to Robotaxi.

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

WLFI’s Dual-Chain Governance Adventure

The Trump family’s crypto baby, WLFI, is gearing up for a big splash with its upcoming governance platform. And because one blockchain isn't enough, they’re running it on both Ethereum and Scroll. Why settle for just one, right? It’s the governance version of multitasking—kind of like trying to run for president while starring in reality TV. Whether you're into Ethereum's stability or Scroll’s up-and-coming vibe, WLFI is making sure you’ve got options. We’re guessing there’ll be a lot of "you’re fired" moments in governance votes.

Stablecoins Get a Senate Makeover

U.S. senators just dropped a draft bill aimed at regulating stablecoins, and honestly, about time. Stablecoins are the financial equivalent of that kid in class who’s always around but no one knows quite what they do. The senators are like, "Let’s put some rules on these guys before they start running wild." If this bill passes, expect stablecoins to start acting like grown-ups in the financial world—well, at least trying to. Goodbye Wild West, hello red tape.

Newsletter Bitcoin

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

Shenyu’s Wallet Makes a 618.88 WBTC Splash

A wallet tied to Shenyu decided to make some noise, moving all 618.88 WBTC to Binance within the last 12 hours. That’s like making a subtle entrance with a foghorn. Everyone’s watching the move and speculating—did Shenyu just throw down a big play, or are they simply reorganizing their piggy bank? Either way, crypto detectives are on the case, and Binance is probably refreshing its balances with a grin.

AI Meets Money Laundering: The $4M Saga

The U.S. SEC just settled with Rimar Capital over a $4 million “AI laundering” scheme. Yes, you read that right—AI laundering. It’s like they watched too much Westworld and thought, “Why not use AI to launder money?” Rimar’s futuristic scheme might have been cutting-edge, but it’s not smart enough to dodge the SEC’s crackdown. Lesson learned: if you’re going to launder, leave the robots out of it.

Bitnomial Takes on the SEC Over XRP Futures

Bitnomial is coming out swinging, filing a lawsuit against the SEC over XRP futures. Apparently, Bitnomial is over the SEC’s stance that XRP is a security. It’s like crypto’s never-ending courtroom drama—cue the Law & Order sound effect. Bitnomial wants XRP futures, and they’re not taking “security” for an answer. Buckle up, this one’s bound to get heated in court.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

Stacks Foundation Nails That Hard Fork

The Stacks Foundation just high-fived themselves after their Primary Testnet underwent a successful hard fork. For those who don’t speak tech geek, this means the testnet just had a major update without crashing and burning. In crypto, that’s like performing a backflip and sticking the landing. So, shoutout to Stacks for pulling off a tech move that has us nodding in appreciation (while pretending we understand all the details).

Musk Goes Full Robotaxi With X Avatar

In classic Musk fashion, he decided to swap his X account avatar to something that screams "Robotaxi.” Because why just be a billionaire when you can tease your futuristic transport empire? We get it, Elon—your vision for Robotaxis is the real deal. The avatar might be a tiny change, but in Musk’s world, it’s a signal: Robotaxis are coming, whether we’re ready for them or not. Keep those seatbelts fastened.

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform