Daily crypto news on regulation, hacks, exchange moves, and major industry shifts. Filtered for signal, not noise.
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The United States government moved approximately 9,261 Bitcoin, valued at about $770 million, to Coinbase Prime on October 6 and 7, according…
Crypto exchange Kalshi’s legal battle over sports-event contracts hit another roadblock on Friday. The 6th US Circuit Court of Appeals ruled that the states of Ohio and Tennessee are free to regulate the prediction market’s sports contracts under their own…
In a major development, a court in Hong Kong has handed a four-year prison term to a former China Construction Bank (Asia) employee who took cryptocurrency payments to confirm the legitimacy of documents the bank never produced. Judge Ernest Lin…
Bastion has moved a step closer to becoming a federally chartered institution. The Office of the Comptroller of the Currency (OCC) has given the firm preliminary conditional approval to operate as a national trust bank, a decision Bastion announced in…
Two prominent US derivatives platforms are trying to launch a crypto-born trading product that will help stock investors. On Friday, Kalshi and Coinbase each asked regulators for permission to list perpetual futures tied to individual American equities. Interestingly, both requests…
The bankruptcy estate of crypto lender Celsius has filed a lawsuit against five companies tied to derivatives exchange BitMEX, alleging the platform engaged in fraud, manipulated markets and improperly liquidated customer positions during the chaotic crypto crash of March 2020.…
Binance is deepening its push into traditional finance with the launch of a new wealth management product built around US-listed exchange-traded funds (ETF). The offering, unveiled through an announcement on September 15, gives eligible users on the exchange access to…
In a major regulatory development, a key cryptocurrency bill collapsed in the US Senate on Tuesday, marking a significant blow to hopes of establishing the country’s first federal regulatory framework for digital assets. The Digital Asset Market Clarity Act failed…
Nigel Farage’s right wing Reform UK party has pulled in a combined £72 million ($97 million) from two wealthy figures in the crypto world, after Christopher Harborne matched an earlier record breaking gift from Ben Delo. Harborne confirmed his £36…
In a significant development, North Korea has broadened its long-running remote work infiltration scheme by enlisting freelancers from countries such as Iran and Lebanon to help its operatives sneak into US companies, according to a Friday report from NBC. The…
A New York federal court is now the venue for a legal battle testing just how far stablecoin issuers can go when freezing customer funds. Two Thai businessmen have taken Tether to court, alleging the company locked away $42.4 million…
