A CryptoPunks owner sold their NFT for $6 million worth of Ethereum, resulting in a $10 million loss. The NFT, CryptoPunk #3100, was initially purchased for 4,500 ETH in March 2024, now sold for 4,000 ETH due to Ethereum's value decline.

Ross Ulbricht, founder of Silk Road, will speak at the Bitcoin Conference in Las Vegas, marking his first public appearance since his release from prison earlier this year. Ulbricht, who operated the Silk Road marketplace under the alias "Dread Pirate Roberts," was granted a presidential pardon by Donald Trump in January.

The first crypto-related bill signed by any U.S. president eliminates the IRS DeFi broker rule proposed by the Biden administration in 2023. Industry leaders and lawmakers objected to the rule, citing its potential to hinder innovation and overwhelm the IRS with new filings.

The SEC dismissed the lawsuit against Nova Labs, stating that their tokens and devices are not securities. This decision sets a precedent and clarifies the regulatory approach under new leadership. Nova Labs agreed to a $200,000 settlement related to equity financing.

Wunder.Social raised the funds in a round led by Rollman Management, according to an announcement shared with CoinDesk on Wednesday.

The project uses blockchain technology to verify users, thereby eliminating bots, and shares advertising revenue with users, allowing them to fund causes they care about, Wunder.Social said in the announcement.

A token offer is planned for later this month, with interested potential users signing up on the company's website.

Paul Atkins, confirmed as SEC chair, aims to reform digital assets policy. The agency, under Biden, faced backlash for suing major crypto companies. Atkins plans a different crypto approach.

Binance will introduce LDUSDT, a new yield-bearing product for futures trading, allowing users to earn rewards and use them as collateral. This initiative follows the success of BFUSD, another reward-bearing margin asset introduced last November to meet the rising demand for crypto products.

Larry Fink warned of a potential 20% stock market drop due to aggressive U.S. tariffs, sparking fears of a global trade war. Many CEOs believe the U.S. is in a recession amid market meltdown triggered by Trump's economic policies.

Global stock indices suffered trillions in losses due to President Trump's recent tariff policy, impacting crypto markets. Bitcoin's price slightly recovered to around $80,000 after dropping below $75,000. Investors face more volatility as they navigate the new economic landscape.

A crypto attorney filed a Freedom of Information Act lawsuit against the U.S. Department of Homeland Security, seeking information on the identity of Bitcoin's creator, Satoshi Nakamoto. The lawsuit aims to uncover documents related to a high-ranking Special Agent's claim that DHS had found and interviewed Nakamoto.