TRON Expands MetaMask Connectivity Across B.AI, SUN.io, JustLend DAO and BitTorrent TRON is expanding MetaMask connectivity across four projects in its ecosystem: B.AI, SUN.io, JustLend DAO and BitTorrent. The development connects MetaMask, a widely used crypto wallet, with a broader range of TRON-based platforms. Users of the participating services will be able to access them…
Crypto for Advisors: Hyperliquid and the Future of Finance Hyperliquid and its potential role in the future of finance are the focus of this discussion. However, no further details or specific developments were provided.
Why a new SEC plan could ease a legal headache for tokenized securities A new plan from the U.S. Securities and Exchange Commission could help address legal challenges surrounding tokenized securities, according to the information provided. However, details about the proposal, its scope and how it would affect issuers or investors were not included.
India starts tokenizing $620 billion corporate bond market with digital rupee settlement India is preparing to launch its first tokenized corporate bond issuance in September, using blockchain-based infrastructure and the Reserve Bank of India’s (RBI) wholesale digital rupee for settlement, according to a Reuters report citing sources with direct knowledge of the plan. The pilot…
Live updates: Bitcoin slumps as oil and bond yields surge to new highs Bitcoin fell back as global macro pressure intensified, with oil prices and U.S. Treasury yields pushing to fresh highs and tightening overall liquidity conditions. Data cited from CryptoSlate showed Bitcoin trading at $79,083 at press time, down more than 3% after another…
Kalshi Wins, CFTC Loses in D.C. Circuit Showdown A federal appeals court just handed Kalshi a decisive victory over the Commodity Futures Trading Commission, refusing to freeze the company’s election contracts while the agency appeals a lower-court ruling. The decision matters because it signals that judges are increasingly skeptical of the CFTC’s effort to wall…
COURT SLAPS ENVY BLOCKCHAIN WITH MANDAMUS LOSS A Texas appeals court has denied blockchain firm Envy Blockchain and its co-defendants emergency relief in a contract dispute, refusing to force a lower court to dismiss claims against them. The ruling signals that state judges will not let crypto companies duck litigation by claiming they operate outside…
Court Slams CFTC Overreach in Kraft Subpoena Fight The Seventh Circuit just handed the Commodity Futures Trading Commission a rare public rebuke, refusing to force Kraft and Mondelez to hand over documents in an ongoing enforcement probe. The decision signals that even powerful regulators can hit hard limits when they try to stretch their authority…
COURT SLAMS BILZERIAN’S NEW CRYPTO GRAB A federal judge just blocked a serial securities-law violator from using crypto as a workaround to escape a 2001 injunction that froze his assets and barred him from selling unregistered securities. The ruling signals that courts will treat crypto as a fresh battleground for old enforcement fights, not a…
SEC Loses Major Crypto Classification Fight in High Court The Supreme Court just handed the SEC a stinging defeat on crypto classification, ruling that the agency must prove tokens are investment contracts before labeling them securities. The 6-3 decision sharply limits the SEC’s ability to pursue broad enforcement actions without specific evidence of investment intent….
UK Crime Agency Warns of ‘Innovative Use’ of Crypto by Launderers Britain’s National Economic Crime Centre (NECC), a unit of the National Crime Agency (NCA) that coordinates the UK’s response to economic crime, said criminals are making “innovative use of crypto asset products to evade detection and move illicit value at scale,” according to its…
CFTC Loses Bid to Expand Its Reach Over Crypto The Seventh Circuit has just told the CFTC it cannot stretch its oversight of futures and swaps into every corner of the cryptocurrency world. In a terse opinion released today, the court vacated the agency’s enforcement order against the Conway Family Trust, ruling that the trust’s…
Circle Targets $25B Payments Flow for USDC With $400M Tazapay Deal Circle is targeting $25 billion in payments flow for USDC through a $400 million deal with Tazapay, according to the information provided. The agreement positions Tazapay as part of Circle’s effort to expand USDC’s use in payments. USDC is a dollar-backed stablecoin designed to…
Judge Halts SEC’s Overreach in Crypto Case A federal appeals court just clipped the SEC’s wings in a crypto case that could reshape how digital assets are policed. The Fifth Circuit’s ruling slams the agency for overstepping its authority, signaling that not every token is a security and that enforcement-by-intimidation has limits. The dispute began…
Regal Commodities v Tauber (2024 NY Slip Op 01736) Court Slaps Crypto Trader with $2.8 Million Judgment Over Futures Dispute New York’s Appellate Division has upheld a $2.8 million damages award against trader Michael Tauber, ruling that his failed crypto-futures scheme triggered binding personal liability under state commodity law. The decision sends an unambiguous signal:…
Cut off From Global Finance, Iran Turns to Bitcoin and Tether Iran is turning to Bitcoin and Tether as access to global financial networks becomes more limited, according to the information provided. The shift places two major crypto assets at the center of efforts to move and preserve value outside traditional banking channels. The development…
COURT SLAPS CFTC IN KRAFT MANIPULATION FIGHT The Seventh Circuit just ordered the Commodity Futures Trading Commission to turn over internal documents it tried to hide from Kraft Foods, handing the food giant a tactical win in a decade-old market-manipulation case. The ruling is a reminder that regulators, too, must play by the rules when…
Court Orders Crypto Suits Into One Courtroom Three separate lawsuits against crypto platforms are now headed to a single Illinois courtroom, after a federal panel consolidated them under one judge. The decision matters because it sets the stage for a unified ruling on whether tokens are securities — a question that could ripple across every…
Judge Rebuffs SEC Bid to Freeze Crypto Firm Assets A federal appeals court just dealt the SEC a stinging setback in its crypto crackdown. The Fifth Circuit ruled that the agency cannot freeze a crypto company’s assets without proving a clear violation of securities law, a decision that immediately limits the SEC’s most aggressive enforcement…
Your LG TV Might Still Be Listening to You—Even When It Looks Like It’s Off Questions about whether an LG television can continue listening when it appears to be switched off have raised concerns about privacy and connected-device behavior. The available information does not identify which models, settings, or features may be involved. It also…
