Daily crypto news on regulation, hacks, exchange moves, and major industry shifts. Filtered for signal, not noise.
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In a major development, a court in Hong Kong has handed a four-year prison term to a former China Construction Bank (Asia)…
A fault in leading layer-1 blockchain Sui’s gas charging system brought the blockchain to a standstill for the third time this year on Friday, with block production halting for over three hours and thirty minutes before validators pushed through an…
In a significant development, the United States has opened the door to regulated bitcoin perpetual futures trading on domestic soil for the first time, with the Commodity Futures Trading Commission (CFTC) approving KalshiEX to list the product on Friday. Commenting…
Leading crypto advocacy group, The Digital Chamber, has told the Office of the Comptroller of the Currency(OCC) to hold its ground on the national trust bank charters it has granted to crypto firms, rejecting Senator Elizabeth Warren’s characterisation of the…
US President Donald Trump has publicly entered the escalating fight over prediction markets, declaring that the Commodity Futures Trading Commission(CFTC) holds exclusive authority over the space and calling out state officials by name for attempting to regulate platforms that his…
In a significant development, crypto exchange OKX has introduced Exchange OS, a new platform built on its Ethereum-compatible Layer 2 blockchain X Layer, that allows developers, institutions, and ecosystem participants to create and deploy their own spot, perpetual, and outcome…
Kevin Warsh officially became the chairman of the United States Federal Reserve on Friday, taking the oath of office administered by Supreme Court Justice Clarence Thomas. The Federal Open Market Committee voted unanimously to select Warsh for the role. Trump…
A Manhattan federal judge in the US has declined to immediately rule on open source protocol Aave’s emergency bid to release $71 million in frozen Ether, scheduling a follow-up hearing for June 5 and ordering both sides to submit supplemental…
In a significant development, Roni Cohen-Pavon-former exceutive of now defunct crypto lending platform Celsius-is set to appear in the US District Court for the Southern District of New York on Thursday, days after agreeing to hand over $1.07 million linked…
In a major development, federal prosecutors have told a New York judge they are not seeking significant jail time for Roni Cohen-Pavon, the former chief revenue officer of bankrupt crypto lender Celsius. They sought the relief stating Pavon’s willingness to…
In a major development, leading venture capital firm, Andreessen Horowitz (A16z), has entered the growing standoff between federal and state regulators over prediction markets, filing a comment letter on Thursday that supports the Commodity Futures Trading Commission (CFTC) and pushes…
