JPMorgan is facing a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme run by now-defunct Goliath Ventures. Investors on Tuesday filed a proposed class action in the US District Court for the Northern […]
Market analysts say Bitcoin (BTC) is in a relief rally after its 17% recovery from multi-year lows below $60,000, but the $78,000 level is key to reversing the broader downtrend. Key takeaways: Bitcoin price is […]
Bank of England Deputy Governor Sarah Breeden told UK lawmakers that the central bank is open to alternative ways to manage stablecoin risks other than imposing holding limits. Speaking before the House of Lords Financial […]
The US state of Utah is set to block prediction market platforms such as Kalshi and Polymarket, escalating a growing dispute between state regulators and federal authorities over how the industry should be regulated. On […]
Stablecoin yield providers will inject more capital into the US banking system, argues White House Council of Advisors for Digital Assets executive director Patrick Witt, amid debate over whether stablecoin yields will draw deposits away. […]
Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt. The domain of Solana-based platform memecoin launchpad Bonk.fun has been hijacked after attackers gained access to […]
Bloomberg reported Thursday that US prosecutors urged a federal judge to reject Sam Bankman-Fried’s request for a new criminal trial, arguing that the former FTX chief failed to meet the legal standard for a retrial. […]
Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a risk of an impending enforcement action over its sports event contracts. Kalshi sued Iowa Attorney […]
New Zealand’s financial regulator has ruled that a local currency-tied stablecoin, NZDD, isn’t a financial product, a move a local law firm says is an important step toward regulatory clarity. The Financial Markets Authority (FMA) […]
Payment transaction volumes among artificial intelligence agents are more than 90% lower than reports suggest, but crypto giants are pouring billions into building the infrastructure around it. AI agents are starting to buy things, but […]
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