News
24 May 2026, 00:30
Grayscale Names 4 Crypto Networks Poised to Gain From CLARITY Act

Grayscale identified Ethereum, Solana, BNB Chain, and Canton Network as blockchain networks positioned to benefit from clearer U.S. digital-asset rules, including potential passage of the CLARITY Act. The research cited tokenized assets, DeFi, stablecoins, and institutional infrastructure as key areas of potential demand. Crypto Networks to Benefit From CLARITY Act Passage Grayscale shared a research
23 May 2026, 23:51
Arthur Hayes warns Bitcoin holders not to count on Michael Saylor to save them

BitMEX founder Arthur Hayes said Bitcoin holders should not confuse Michael Saylor’s buying machine with a safety net for their own portfolios. Arthur made the point during a May 13 interview with Scott Melker (aka Wolf of All Streets), where he said Michael’s role is tied to Strategy (MSTR), not to ordinary investors holding Bitcoin and hoping a public company will keep bidding forever. Arthur said Michael is there to protect Strategy, its stockholders, and the products built around its balance sheet. “Saylor is not there to protect your Bitcoin bags.” Arthur says traders can use STRC to guess when Strategy may buy Bitcoin Arthur said, “We’re going to see these little pops in Bitcoin, not huge. But every time you see that STRC is about to trade above par and go above 100, like you can literally front run Saylor transparently buying a couple billion dollars in two or three days. Why wouldn’t you want that trade, you know?” According to Arthur, the tracker indicated that Michael could have made 2,000 BTC purchases once STRC broke above parity. He wants to anticipate the transaction because it is observable. As simple as it sounds, there are traders who would attempt to front-run a buying spree once an order from such a major player becomes apparent. On the other hand, Arthur confessed that he hasn’t researched all aspects of corporate finance in STRC. But what makes Strategy different is the fact that only a few organizations are capable of developing financial instruments based on Bitcoin. Strategy has the resources to leverage its massive Bitcoin balance sheet, Wall Street desks, and capital market structure. “I mean I don’t think Strategy is going out of business anytime soon. Obviously from what I understand he doesn’t have to pay a dividend in STRC. You’re sort of trusting that he’s going to. What happens when you trust in crypto. It doesn’t end up very well. Not that Saylor’s doing anything bad,” said Arthur. Michael keeps funding Bitcoin buys while Strategy manages dividends and debt Strategy has also been working on its debt side, moving to repurchase about $1.50 billion of convertible notes while still adding Bitcoin through stock-linked funding, as Cryptopolitan previously reported. That puts Michael in the middle of more than one job at once: buy Bitcoin, manage leverage, keep capital coming in, and deal with investors who expect returns. Michael has also signaled that Strategy’s old “never sell” posture may not be as simple as people thought. He indicated that limited Bitcoin sales could be used to improve BTC-per-share and help fund dividends. That is a big deal for Bitcoin investors who treated Strategy’s holdings like a vault that never opens. Scott told Arthur: “I talked to him [Saylor] Wednesday morning just by total coincidence like I had the first interview lined up with him right after he said he’d sell some Bitcoin. I was like, ‘Oh, this is going to be fire,’ and you know, like he didn’t say it explicitly but yeah his shareholders and anyone who’s buying STRC and the SEC need to hear that Bitcoin is not an impaired asset when it comes to protecting dividends and STRC.” Scott also said Michael may have to say he could sell some Bitcoin if retail investors get hurt, because a public company executive cannot just talk like a crypto anon on X. He joked that saying the wrong thing could bring legal trouble. Brian Armstrong, CEO of Coinbase Global Inc. (COIN), came up in the same context. “Like, you know, Brian Armstrong also can’t just go out there and say wild stuff about crypto prices. He has to actually protect his shareholders,” said Arthur. If you're reading this, you’re already ahead. Stay there with our newsletter .
23 May 2026, 22:32
Telegram's Durov piles on as Meta, Discord fight Texas lawsuits

WhatsApp and its parent company Meta (NASDAQ: META) have received lawsuits from the state of Texas regarding their privacy encryption. The company has been accused of violating the state’s Deceptive Trade Practices Act. Telegram’s founder, Pavel Durov did not miss the opportunity to pile on, writing the latest chapter in the long history of the rivalry with Meta’s CEO Mark Zuckerberg. WhatsApp encryption is a giant fraud. The state of Texas just sued WhatsApp for lying to users about privacy — because WhatsApp employees have access to “virtually all” private messages. Now we know what WhatsApp’s founder meant when he said he “sold his users’ privacy.” — Pavel Durov (@durov) May 23, 2026 As Cryptopolitan reported in January, Durov joined Musk in punching holes in Meta’s case when an international group of plaintiffs claimed in a lawsuit filed in San Francisco that the Zuckerberg-led firm’s claims about WhatsApp’s chat encryption were false. What did Pavel Durov say about Meta’s lawsuit? The rivalry between Telegram founder Pavel Durov and Meta CEO Mark Zuckerberg was reignited this week after Texas Attorney General Ken Paxton sued Meta and WhatsApp for allegedly lying about message encryption. The lawsuit , filed in Harrison County court, accuses Meta Platforms Inc. and its subsidiary WhatsApp LLC of violating the Texas Deceptive Trade Practices Act (DTPA) by falsely promising users that their messages are protected by end-to-end encryption. Pavel Durov, the founder of Telegram, responded to the lawsuit calling WhatsApp’s encryption a “giant fraud” in a post on X (formerly Twitter). He wrote that WhatsApp employees have access to “virtually all” personal messages sent. “We now understand what WhatsApp’s creator meant when he said ‘I sell my users’ privacy,” Durov said in a Telegram channel post. He also used the moment to encourage users to switch to Telegram instead. Durov has repeatedly accused Meta of mishandling user data since it bought WhatsApp for $19 billion in 2014. Just weeks before the Texas lawsuit, Durov had already warned that WhatsApp’s encryption could be “the biggest scam in history,” claiming that WhatsApp reads user messages and shares data with third parties. Why did Texas also sue Discord? Attorney General Paxton, who is also running a U.S. Senate campaign, had time to aim at one more tech company operating in Texas. On the same day Meta’s lawsuit was filed, Paxton filed a separate suit against Discord , accusing the platform of failing to protect children from predators. Paxton’s lawsuit states that Discord lied to the public by claiming that safety was at the core of their operation and “fully integrated” into the company’s design process. The Attorney General’s office claims that Discord rigged its settings to make every account set toward “maximum exposure” by default. They also claim that the company used unpaid volunteers for important safety functions and built a platform that federal prosecutors have described as “a hunting ground” for predators to find and manipulate children. The lawsuit mentions specific incidents that happened in Texas to strengthen the case. Like one incident in which a 13-year-old girl was sexually assaulted in her home by a predator who groomed her on Discord over several years, and another in which a 15-year-old committed suicide after being forced to produce explicit material through Discord’s messaging system. Paxton started investigating Discord in October 2025 after it was revealed that the platform was used by the assassin who murdered conservative commentator Charlie Kirk. There were also reports that the platform exposed minors to sexual exploitation. Nevada, Indiana, and New Jersey have also recently sued Discord, while Florida recently announced its own investigation in March 2026. Paxton wants the court to force Discord to change its default safety settings to be set to maximum protection for new accounts. He also wants age verification under the Texas SCOPE Act and civil penalties of up to $10,000 per violation of the DTPA. Meta has so far denied all allegations in the WhatsApp lawsuit and pledged to fight it, with a spokesperson reiterating that the company cannot access people’s encrypted communications and any suggestion to the contrary is false. A Discord spokesperson said the platform has robust safety features and does not reflect the characterizations in the lawsuit. If you're reading this, you’re already ahead. Stay there with our newsletter .
23 May 2026, 21:46
Bitcoin Tops $77K as Trump Weighs Iran Move, Polymarket Peace Bet Hits $154M

Prediction market traders on Polymarket have placed more than $154 million in bets on whether the United States and Iran will reach a permanent peace deal in 2026, as President Donald Trump described his decision as a “solid 50/50” between accepting a diplomatic agreement and resuming military strikes. Bitcoin rose 1.5% on the news, reclaiming
23 May 2026, 21:29
Bitcoin Rebounds to $77K on Trump's Iran Deal as Analysts Warn of $60K Downside

Bitcoin News Bitcoin clawed back nearly all of its weekend losses on Saturday after President Donald Trump announced that a peace agreement with Iran and other Middle Eastern nations had been large...
23 May 2026, 20:52
Bitcoin heads higher as President Trump announces Iran peace agreement

"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.












































