The Iranian government’s attempt to block the Telegram messaging application in the country has backfired, as users find ways to circumvent national firewalls and online controls, according to Telegram co-founder Pavel Durov. “Iran banned Telegram years ago,” Durov said on Friday; however, tens of millions of users in the country have managed to access the

The Bitcoin (BTC) network needs a “conservative” Bitcoin client node software implementation to preserve its monetary properties and strengthen network decentralization, according to Jimmy Song, co-founder of ProductionReady, a non-profit organization funding open source Bitcoin node software development and education. The organization has a “bias” against significant code changes, unless there is “overwhelming” community support

A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law. Judge Jason Woodbury said at a hearing in Carson City on Friday that he will grant a preliminary injunction requested by the Nevada Gaming Control Board, barring the

Prediction markets are pushing into Asia’s largest economies, even as local gambling laws place strict limits on betting activities. Asia represents a combination of scale, active retail participation and limited local alternatives, making it too large to ignore despite regulatory risks. That’s a similar pattern seen in crypto, where technology moved faster than regulation and

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Bitcoin (BTC) traders holding 100–10,000 BTC realized losses at an average of $337 million per day in Q1 2026, the worst quarter since 2022, according to data from Glassnode. Key takeaways: Bitcoin dropped more than 20% after whales last realized losses at a comparable pace in 2022. Long-term holders are also selling at a loss

Tether is pressuring investors to commit to a fundraising round at a $500 billion valuation within the next two weeks, saying that it may delay the raise if demand falls short. The El Salvador-based firm has been seeking fresh capital since late last year but has faced resistance from investors wary of the valuation, The

Bitcoin’s prolonged consolidation below $70,000 may be paving the way for a more significant rally, according to a crypto analyst. “The longer it lasts, the heavier the breakout will be,” MN Trading Capital founder Michael van de Poppe said in an X post on Friday. “Bitcoin remains stagnant in this area, which means that there’s

Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart. “There are just more use cases of why somebody would put a Bitcoin ETF in a portfolio,” Seyffart said on the Coin Stories podcast

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A Bank of Canada staff paper found that Aave V3 reported zero non-performing loans in 2024, with overcollateralization and automated liquidations helping prevent lender losses in its Ethereum lending market. Using transaction-level data from Jan. 27, 2023, to May 6, 2025, the study found that positions were typically liquidated before collateral values fell below outstanding

Bitcoin (BTC) is “done” with drawdowns of 85% or more from all-time highs, says ARK Invest CEO, Cathie Wood. Key points: Bitcoin will not see another correction of 85% or more versus its latest all-time high, Cathie Wood argues. A new prediction sees $34,000 becoming the next BTC price bottom. Bitcoin bear-market seasonality hints that

Drift Protocol, a Solana-based decentralized exchange (DEX), said Friday it had opened onchain contact with wallets tied to funds stolen in the exploit that outside firms have estimated at roughly $280 million to $286 million. Drift said on X that it had initiated onchain contact with wallets holding the stolen Ether (ETH), seeking to open

South Korean brokerage Korea Investment & Securities (KIS) is reviewing a potential stake in crypto exchange Coinone, according to Korean media reports and company comments, though no deal has been finalized. Citing people familiar with the matter, the Korea Herald reported that KIS started engaging with regulators and politicians as part of a broader process

Network Working Group A. Swartz Request for Comments: 3870 AaronSw.com Category: Informational September 2004 application/rdf+xml Media Type Registration Status of this Memo This memo provides information for the Internet community. It does not specify an Internet standard of any kind. Distribution of this memo is unlimited. Copyright Notice Copyright (C) The Internet Society (2004). Abstract

Aaron Swartz is the founder of Demand Progress, which launched the campaign against the Internet censorship bills (SOPA/PIPA) and now has over a million members. He is also a Contributing Editor to The Baffler and on the Council of Advisors to The Rules. He is a frequent television commentator and the author of numerous articles

Brief History of XML XML, or Extensible Markup Language, came into existence in the mid-1990s as a universal standard for structured document markup. The World Wide Web Consortium (W3C), led by Jon Bosak, developed XML as a simplification of the Standard Generalized Markup Language (SGML). The XML 1.0 Specification was accepted as a recommendation by

Crypto hackers stole over $168.6 million in cryptocurrency from 34 decentralized finance (DeFi) protocols in the first quarter of 2026, falling significantly from the same period last year, according to data from DefiLlama.  The $40 million private key compromise of Step Finance in January was the largest exploit of the quarter, the data shows, followed