Crypto lender BlockFills has entered Chapter 11 proceedings in Delaware after a period of financial stress, listing up to $100 million in assets against as much as $500 million in liabilities. A separate investigation surfaced a document suggesting a $5 million structure for Argentine President Javier Milei to promote the Libra memecoin, while Strategy added over 22,000 BTC and Abra agreed to a SPAC merger at a $750 million valuation.

The U.S. Department of Justice is reportedly examining whether more than $1 billion in crypto flows tied to Iran moved through Binance, while the exchange has filed a defamation suit against The Wall Street Journal over a prior article on Iran-linked activity. Bitwise CIO Matt Hougan argues bitcoin could eventually reach $1 million as it gains share in a multi-trillion dollar store-of-value market, and Ripple, Aave and Wells Fargo each unveiled moves shaping regulation, risk, and tokenization.

Revolut has obtained full UK banking approval from the Prudential Regulation Authority, clearing Revolut Bank UK Ltd to operate with FSCS-protected deposits of up to £85,000 per eligible customer. The firm will introduce new current accounts in stages over the coming weeks, while existing users remain on the current setup during a migration expected to last several months.

Sen. Elizabeth Warren has condemned the SEC's decision to drop claims against Tron founder Justin Sun, tying the move to broader concerns about Donald Trump's connections to crypto interests and urging safeguards in pending legislation. At the same time, Binance is pushing back against a U.S. Senate inquiry into alleged Iran sanctions violations, while regulators in Dubai and officials in Vancouver take restrictive positions on KuCoin's activities and municipal bitcoin reserves.

Patrick Witt, who leads the President's Council of Advisors for Digital Assets, disputed Jamie Dimon's argument that paying yield on stablecoins should automatically trigger full bank-style regulation, while Donald Trump publicly backed the pro-yield GENIUS Act and urged swift passage of the Clarity Act. Kraken's banking unit obtained a Federal Reserve master account, K33 described bitcoin as deeply oversold despite recent losses, and a Bitcoin Policy Institute study found AI models favor bitcoin for long-term value and stablecoins for payments.

Research and brokerage firm K33 said bitcoin has become deeply oversold after six consecutive weekly declines and five straight down months, with its weekly relative strength index dropping to one of the lowest readings on record. Head of Research Vetle Lunde argued that extreme bearish positioning in derivatives and heavy de-risking by long-term and institutional holders have created a risk-reward profile that favors accumulation, adding the firm sees no compelling reason to sell BTC at current prices.

American Bitcoin reported a $153.2 million net loss for full-year 2025, driven by a $227.1 million non-cash mark-to-market under fair value rules. The miner posted $185.2 million in revenue, ended 2025 with 5,401 BTC, and says its reserve has since surpassed 6,000 BTC as it scaled production and accumulation.

Aave's governance rift deepened on Wednesday when Aave Chan Initiative founder Marc Zeller released an "audit" disputing Aave Labs' financial transparency ahead of a proposed $51 million DAO funding round. Over the same period, Hong Kong announced plans to issue its first fiat-referenced stablecoin issuer licenses in March and outlined broader crypto regulatory measures.

The Ethereum Foundation said Tuesday it began staking part of its ether reserves with an initial 2,016 ETH deposit and expects to stake about 70,000 ETH in total, with rewards flowing back to its treasury. The initiative aligns with its June 2025 treasury policy to actively deploy assets via staking and other strategies while maintaining operational reserves.