Balaji Srinivasan 'Burns' $1 Million in Bitcoin to Prove a Point

Kraken's routine job interview turned into an intelligence-gathering operation after suspicions arose about a North Korean operative. The candidate used fake identities, coaching, and digital deception, highlighting the need for vigilance against state-sponsored infiltration attempts.

The Black Mirror Experience introduces the Black Mirror token, utilizing the KOR Protocol to track user behavior and assign reputation scores through a virtual assistant named Iris. Participants can earn tokens by engaging with decentralized communities and maintaining high social scores.

Canary Capital has filed for the first exchange-traded fund tied to SEI, the Sei layer-1 blockchain token, with a focus on staking for additional yield. The ETF aims to provide exposure to SEI's price and earn more tokens through staking. SEI is ranked 85th by market cap and recently traded at slightly over $0.225.

Eric Trump cited "woke cancel culture" targeting his family as the reason for his interest in cryptocurrency, following banks canceling their accounts due to political reasons. He expressed his belief in the future of crypto and criticized the traditional financial system's shortcomings.

Strategy, formerly MicroStrategy, reported a $16.49 per common share decline in Q1 2025 due to Bitcoin's price drop, resulting in a $5.9 billion loss on its Bitcoin holdings. The company plans a $21 billion common stock equity offering to fund future Bitcoin purchases.

Avraham “Avi” Eisenberg, the Mango Markets exploiter, was sentenced to 52 months in prison for possessing child sexual exploitation material, not for the $110 million crypto theft. The judge emphasized the importance of a prison sentence for deterring the distribution of such material.

Myriad's prediction markets offer users a chance to wager on various events, such as Michael Saylor's Bitcoin purchases or Jerome Powell's potential departure from the Fed chair position. Predictors can cash in on their knowledge by following real-time indicators and odds.

Bitcoin surged above $97,000 following positive earnings from Microsoft and Meta, despite warnings of devastating tariffs. Altcoins like Ethereum and Dogecoin also saw gains, with the crypto market showing resilience amid economic concerns.

Dao5 has raised $222 million for its second fund, bringing its total assets under management to $550 million. The investment firm plans to focus on stablecoin networks, state-sovereign artificial intelligence, and public onchain infrastructure. The company aims to transition into a decentralized autonomous organization, or DAO later this year.

In an interview, the CIA's deputy director discussed using cryptocurrencies as a tool against adversaries like China. He emphasized the importance of the U.S. being well-positioned in technological competition and highlighted the potential for disrupting adversaries' use of crypto for intelligence gathering.