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Donald Trump’s administration has completely changed the tenor of cryptocurrency regulation and enforcement, with the Securities and Exchange Commission (SEC) specifically pausing, dismissing, and amending various actions that had been brought. These changes have come as the SEC has designated Commissioner Hester Peirce to lead a Crypto Task Force with the goal “to provide clarity on the application of the federal securities laws to the crypto asset market.” Protos has identified the crypto-related lawsuits and investigations that the SEC has modified since Trump’s inauguration. You can see them here . Justin Sun Justin Sun, an advisor to Trump-affiliated World Liberty Financial and major investor in the $TRUMP memecoin, was being sued alongside the TRON Foundation. SEC sues Justin Sun over TRX, BTT, market manipulation Read more: Justin Sun directed wash-trading scheme from his US apartment, SEC claim The allegations in this lawsui...

Backed by GSR and Polygon Labs, Katana Launches Its Private Deployment Alongside Strategic Partners Like Conduit, Chainlink, and Blockworks May 28, 2025 — The Katana Foundation, a nonprofit organization committed to providing accessible and efficient decentralized financial experiences, has officially announced the private launch of its new blockchain: Katana . This network is specifically optimized for the DeFi ecosystem, and aims to revolutionize the use and performance of digital assets. It offers an environment where liquidity is concentrated, yields are maximized, and institutional participation finds fertile ground for development. Designed from the ground up to improve capital efficiency and tackle DeFi’s fundamental challenges, such as liquidity fragmentation and value leakage, Katana emerges as a self-sustaining chain that reinvests in its users. Through an advanced performance architecture, it integrates top lending, trading, and stablecoin platforms to create...

A leading crypto analyst believes Bitcoin (BTC) could be headed for $147,000 this year, if one key condition is met. Pseudonymous chartist TradingShot , known for deep technical Analysis of Bitcoin’s macro cycles, published a compelling case on May 29 via X (formerly Twitter), suggesting that the top cryptocurrency is poised for another major breakout.  According to their Analysis , Bitcoin has once again pierced a critical long-term resistance zone within its upward trending “Channel Up” structure, but has yet to confirm it with a weekly close above that level. Historically, such a close has been the ignition point for explosive price movements. “The last two times Bitcoin closed a weekly candle above the channel’s resistance, it rallied 96.75% or more,” TradingShot noted. The current setup resembles those previous rallies closely, both in structure and magnitude. $147,000 Bitcoin price analysis. Source: TradingShot So far in May, Bitcoin has broken a...

In what is a landmark development for the country, the US Labor Department has officially rescinded guidance warning against the inclusion of Bitcoin and other cryptocurrencies in 401(k) plans. Indeed, the agency officially released the amendment that would retract the 2022 compliance release. According to a news release from the department, they have sought to scale back the “overreach” of the previous administration. Specifically, this means that the investment decision would be entirely at the discretion of the fiduciaries. Moreover, the department will no longer require “extreme care” to orchestrate crypto investment options in a retirement plan. JUST IN: US Labor Department rescinds 2022 guidance that warned fiduciaries against including crypto in 401(k) plans. — Watcher.Guru (@WatcherGuru) May 28, 2025 Also Read: GameStop Just Bought 4,710 Bitcoin Worth $512 Million US Labor Department Rescinds 2022 Guidance Against Crypto Investments in a 401(k) The retur...

Dogecoin is a leading memecoin, perhaps one of the most revered meme tokens to exist in the cryptocurrency space today. The token is currently sitting at a price mark of $0.22, stuck at the base, unable to break away from the aforementioned price range. That being said, Elon Musk has recently confirmed that the X money beta is in the queue to launch soon, revolutionizing the world of payments via X. The hype surrounding Dogecoin being a crucial part of X, if confirmed, can help the token surge to new highs. But is that the case? Where is Dogecoin truly headed? Let’s find out. Also Read: $1000 in Dogecoin to $1 Million: Here’s A Detailed Timeline Dogecoin Price Analysis: Where Is The Token Headed? Source: Watcher Guru Dogecoin is currently sitting at the $0.22 price mark, hovering around the same price spot for a while now. The token is attracting significant activity irrespective of its recent price performance, showcasing how keen investors are when it comes to trading DOGE as a ...

Five nations control over half of the world’s official gold reserves in 2025, and this concentration is reshaping global finance right now. The United States leads with 8,133.5 metric tons, followed by Germany with 3,351.5 tons, Italy with 2,451.8 tons, France with 2,437.0 tons, and Russia with 2,335.9 tons. In total, these nations together own roughly 18,706.2 metric tons out of the current estimated total reserves of 35,938.6. Central banks purchased more than 1,000 metric tons in 2024, and this excessive buying is spurring the trend away from the dollar. Source: IMF and World Gold Council via Brand Vision Insights Also Read: De-Dollarization Surge: 70+ Countries Abandoning the US Dollar How These Gold Reserves Reshape Global Trade in 2025 & Challenge US Dominance Source: ShutterStock The landscape today looks different because of the massive amount of assets that central banks worldwide have purchased. Poland purchased a record amount of 3.24% of the world’s gold in 2024 and t...

The worst-performing digital asset in the top 100 today is US President Donald Trump’s memecoin, TRUMP. Down 15% since last night’s highly anticipated dinner gala that drew protests from US constituents, the contentious asset has lost a significant amount of utility since yesterday. Many of the attendees dumped their TRUMP holdings after receiving a dinner invite, which partially explained the slump.  About 40% of the top 220 wallets that once held enough tokens to qualify for the dinner held no TRUMP during the actual dinner. Owners of the memecoin don’t receive any equity, dividends, or other financial interests in any company. The top 220 holders as of a snapshot date that has already passed could qualify for dinner access. Going forward, the coin simply is “an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol $TRUMP and the associated artwork,” according to Trump’s official website. Today the $TRUMP dinner ...

Binance Pay, a cryptocurrency payment app, and Travala, a crypto-native travel booking service, have shared data that suggests crypto is becoming a mainstream payment method when it comes to travel bookings, as per the reports shared with Finbold on Friday, May 23. Welcome to a new era of travel. In 2024, over $100M was transacted on Travala—80% in crypto. Crypto travelers: Have a 3x greater avg lifetime value ️ Stay 3.5x longer Spend 2.5x more per trip ️ Book 52% closer to departure Are 57% more likely to book a hotel again pic.twitter.com/tAH55LLnMH — Travala.com ️ (@travalacom) May 23, 2025 The rise of crypto in the travel industry Crypto payments have been a thing in tourism since 2018, but initially, they did not gain much traction. Five years later, however, in 2023, Travala is seeing $45 million in travel bookings paid with crypto. In 2024, the number is $80 million, an impressive 78% year-on-year increase from 2023.  As of May 2025...

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Decentralized Finance (DeFi) has grown from a disruptive niche into a global financial force. Yet, as the space expands, so do the attack surfaces. In 2024 alone, over $1.8 billion was lost to exploits, rug pulls, and protocol vulnerabilities. The question on everyone’s mind for 2025 is clear: Can we keep DeFi safe without sacrificing its core principle—decentralization? The answer may lie in a rapidly advancing ally: Artificial Intelligence . More specifically, AI-driven fraud detection systems are emerging as powerful tools to enhance security across DeFi ecosystems, offering real-time risk monitoring without the need for centralized oversight. The State of DeFi Security: A Constant Tug-of-War While DeFi platforms offer open, permissionless access to financial services, they are also inherently exposed to smart contract bugs, flash loan attacks, and governance manipulation. Traditional security audits, while essential, can’t keep pace with the dynamic and constantly evolving th...

Jeffrey Wilcke, one of Ethereum’s (ETH) original co-founders, has executed a major transaction, transferring over $260 million, a move that could trigger volatility in the asset. Wilcke moved 105,737 ETH, worth approximately $262 million, to the Kraken cryptocurrency exchange, representing nearly all of his Ethereum holdings, according to on-chain data retrieved by Finbold from Arkham Intel on May 20. Jeffrey Wilcke ETH transactions. Source: Arkham Intel Historically, large transfers, mainly from insiders to centralized exchanges, have preceded increased market volatility.  Wilcke has made similar moves before, notably on November 28, 2024, when he deposited ETH to Kraken while the token traded at $3,625. Possible ETH price volatility  The timing of this deposit comes as Ethereum remains one of the best-performing digital assets in recent weeks, supported by broader market sentiment and renewed investor confidence following network upgrades....