Several blockchain analysts said they were unable to verify whether the Latin American nation held $60 billion in the cryptocurrency.
Turner Wright
Turner Wright is a Cointelegraph staff writer and senior policy reporter focusing on U.S. laws and regulations related to digital assets. He reports on policy and regulatory developments through news and feature articles for Cointelegraph and Cointelegraph Magazine, and occasionally contributes to the publication’s podcast series. Wright holds a bachelor’s degree in aerospace engineering from the University of Texas at Austin and joined Cointelegraph in 2020 after working as a freelance journalist covering international issues. He has no cryptocurrency holdings above Cointelegraph’s disclosure threshold of $1,000.
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SEC Chair: ‘Remains to be seen‘ whether US will seize Venezuela‘s reported Bitcoin - News
Bakkt stock surges 20% after move on stablecoin payments strategy With Bakkt's share price surging following the announcement, the stock deal could be worth about $178 million.
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US lawmakers demand ethics safeguards for market structure bill: Report Democratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry.
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US lawmaker’s bill targets political prediction bets after Maduro wager The bill came after a Polymarket user netted more than $400,000 on a contract related to the removal of then Venezuelan President Nicolás Maduro, fueling concerns about insider trading.
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Ethereum co-founder reiterates support for Roman Storm, citing privacy The Tornado Cash developer was convicted on one count in August, with two felony charges unresolved as prosecutors weigh a possible retrial.
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Trump rules out Sam Bankman-Fried pardon in NYT interview The US president reportedly said he had no intention of pardoning the former FTX CEO, and defended his family’s connections to the crypto industry.
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Truebit token price falls 99% after reports of $26M exploit The TRU price fell to $0.0000000029 from $0.16 after the protocol reported a security incident and crypto sleuths tracked stolen Ether.
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Stand With Crypto puts market structure at top of 2026 agenda Coinbase-backed advocacy group says passing US crypto market-structure legislation outweighs election campaigning ahead of the 2026 midterms.
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Crypto reps fly to US Capitol this week to address market structure bill The Digital Chamber will facilitate engagement with representatives from several digital asset companies in Washington, D.C., on Thursday, ahead of a markup on a major crypto bill.
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Polymarket, Dow Jones deal puts prediction markets data in Wall Street Journal The companies are partnering to make prediction markets available with “dedicated data modules” on Dow Jones-owned websites and some of its print media.
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‘We still plan to remain private,’ says Ripple president on IPO The reiteration of the payment company's plans not to pursue a public offering followed a $500 million fundraise in November, leading to a $40 billion valuation for Ripple.
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Bitcoin miner using compute heat to supplement Canadian greenhouses Canaan‘s pilot program will use the miner‘s liquid cooling systems to supplement the power needed to heat intake water for greenhouses, helping grow tomatoes.
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Brian Quintenz joins SUI Group board after CFTC nomination pulled The former CFTC commissioner and President Donald Trump’s first pick to chair the agency will join investment company SUI Group's board and support the company’s treasury strategy.
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US crypto market structure bill may be delayed until 2027: Report The midterm elections in November may cause some Senate Democrats to withhold support for the Responsible Financial Innovation Act due to conflict of interest concerns.
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NFT Paris cancels conferences: ‘The market collapse hit us hard‘ Total NFT market capitalization dropped significantly in 2025, from about $9 billion in January 2025 to just over $2.7 billion in 2026.
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Crypto companies contribute $21M to Trump PAC ahead of US midterms The Gemini Trust Company and parent company of Crypto.com sent millions of dollars to the Trump-supporting PAC in September and October.
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China’s financial associations reclassify RWAs as ‘risky,‘ report says Wu Blockchain reported the policy change listing Real-World Asset tokenization alongside stablecoins, ”air coins” and crypto mining as illegal in China.
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Binance delists FLOW/BTC pair, flags token after exploit The largest crypto exchange by trading volume announced two moves related to the FLOW token following the project's foundation updating users on a $3.9 million exploit.
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SEC’s Crenshaw set to depart, leaving US financial watchdog all Republican Crenshaw’s exit will leave the SEC without Democratic commissioners as US financial regulators face leadership gaps and shifting crypto oversight.
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Bitfarms exits Latin America with $30M facility sale Bitfarms will exit Latin America after selling a $30M Paraguay facility, shifting operations to North America as it pivots toward AI and HPC.
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Flow advances recovery plan, raises exchange concerns after $3.9M exploit The plan to address a multimillion-dollar exploit continued with "phase two progress" on EVM after it scrapped a plan to roll back the blockchain.
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Ethereum co-founder pitches DApps as solution to 2025 Cloudflare outage Outages with Cloudflare and Amazon Web Services caused brief massive outages in 2025, affecting several cryptocurrency platforms.
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Happy New Year, Mark Cuban: Judge dismisses lawsuit over Voyager Digital The class-action suit, filed against Cuban and others in August 2022 shortly after Voyager filed for bankruptcy, alleged “false representations and other deceptive conduct.“
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US lawmakers expected to address market structure markup in January With Congress in recess until the new year, sources familiar with the progress of a digital asset market structure bill are expecting consideration in early 2026.
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US bank upgrades TeraWulf price target, offers bullish mining prediction A major investment bank said it was upgrading shares of TeraWulf to “outperform,” based in part on its "build-out" strategy.
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If history repeats itself, will the US Congress become more pro-crypto in 2026? The 2024 US election saw more money and support from the crypto and blockchain industry than ever before, with some experts predicting a repeat in the midterms.
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Crypto billionaires were among biggest losers of 2025: Report While Circle CEO Jeremy Allaire increased his net worth by a reported 149%, others like Changpeng Zhao and the Winklevosses saw declines.
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US prosecutors oppose Defi Education Fund brief ahead of potential MEV case retrial Federal prosecutors argue an industry amicus brief is irrelevant as a New York court weighs next steps in the MEV bot case against two brothers.
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South Korea delays crypto bill over stablecoin oversight concerns: Report A stablecoin bill backed by South Korean President Lee Jae-myung is reportedly delayed until 2026 amid concerns over issuer oversight.
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Grayscale moves toward exchange listing for TAO trust in US Grayscale has filed with the SEC to list and trade shares of its Bittensor-linked TAO trust on NYSE Arca, pending regulatory approval.