Crypto for Advisors: Wall Street Is Done Waiting on Congress for Crypto Rules The information provided does not include enough detail to report on the developments behind this headline, including which Wall Street firms are involved, what actions they have taken or how those actions relate to congressional efforts on crypto regulation. Additional source material…
Crypto’s Biggest Mysteries Still Defy Answers A new look at crypto’s most enduring mysteries revisits vanished figures, unexplained deaths, and unanswered questions that still haunt the industry. From the disappearance of the so-called CryptoQueen to the death of a paranoid DeFi builder, these cases show how secrecy and weak accountability remain major risks in digital…
Three Canadian Soldiers Arrested in Armed Crypto Kidnapping Plot Toronto police have arrested seven people—including three members of the Canadian Armed Forces—in an investigation into an alleged kidnapping attempt tied to cryptocurrency theft. Authorities say the group abducted and assaulted a man in July in an effort to force him to provide access to his…
From TOKEN2049 to ecosystem co-building, HTX expands its global industry engagement in Singapore HTX used TOKEN2049 Singapore, held October 6–8, as a platform to broaden its outreach across the crypto industry, combining conference-floor visibility with DAO-led community events and private meetings aimed at ecosystem development and partnership building. The company’s activities spanned three main tracks:…
Court Strikes Down SEC’s “Major Questions” Power Grab The Fifth Circuit just handed the SEC its most significant defeat yet on crypto enforcement, ruling that the agency lacks authority to regulate digital assets as securities without explicit congressional approval. The decision immediately weakens the Commission’s aggressive enforcement campaign and hands exchanges and DeFi protocols a…
Court Strikes Envy Blockchain’s Emergency Filing Texas appeals court just blocked a last-minute mandamus move by Envy Blockchain and its co-founders, refusing to let them sidestep a lower-court freeze on company assets. The ruling keeps state-level fraud claims alive and signals that crypto ventures won’t get special procedural treatment when regulators or investors come after…
“Godfather of AI” and 400 Scientists Urge Cutting Advanced AI Models Off From the Internet Geoffrey Hinton, often described as the “godfather of AI,” has joined more than 400 researchers in calling for advanced AI models to be cut off from direct internet access, according to Decrypt. The request follows incidents over the summer in…
Bitcoin Price Teeters Near $80K as Global Stock Rout Rattles Markets Bitcoin is hovering near the $80,000 level as a sharp decline in global stock markets weighs on broader investor sentiment. The simultaneous pressure on equities and Bitcoin highlights how closely crypto markets can move with traditional risk assets during periods of market stress. Rather…
Court Slaps Coinbase, But Leaves SEC Door Ajar The Third Circuit just told Coinbase it cannot force the SEC to write new crypto rules, but it also refused to hand the agency a total win. In one crisp move, the court slammed the door on Coinbase’s petition while cracking a window that future challenges might…
UK Moves Closer to Keeping $5B Bitcoin Haul After High Court Ruling The United Kingdom has moved closer to retaining a Bitcoin haul valued at approximately $5 billion following a ruling by the High Court. The decision marks an important development in the legal process surrounding the cryptocurrency. While it brings the UK closer to…
SEC WINS FINAL ROUND IN 34-YEAR BILZERIAN FIGHT The D.C. District Court has ended Paul Bilzerian’s decades-long campaign to escape a 1989 SEC judgment by declaring his latest legal maneuver “frivolous” and permanently barring him from filing new suits without permission. The ruling slams shut a procedural loophole Bilzerian tried to exploit after the original…
Hex founder Richard Heart arrested in Istanbul, Turkish media report Turkish police and intelligence officers have detained Richard Heart, the founder of the HEX cryptocurrency and PulseChain, in Istanbul, according to Turkish media reports published Wednesday. Heart, whose legal name is Richard James Schueler, was reportedly taken into custody alongside his wife during an operation…
Strive Buys $280 Million in Bitcoin, Its Largest Purchase in Months Strive has purchased $280 million worth of Bitcoin, marking the company’s largest Bitcoin acquisition in several months. The transaction underscores Strive’s continued focus on building exposure to Bitcoin. The purchase is notable for its size and signals that the company remains active in the…
SEC LOSES GROUND IN CRYPTO FIGHT AS FIFTH CIRCUIT NARROWS ENFORCEMENT POWERS A federal appeals court just handed crypto markets a partial victory by limiting how far the SEC can stretch its regulatory reach. The ruling in the Fifth Circuit case 23-11237 signals that not every digital asset transaction falls under the agency’s traditional securities…
Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table Bitcoin fell after fresh inflation data increased expectations that the Federal Reserve could consider raising interest rates again. Higher-than-expected inflation can influence financial markets by reducing the likelihood of easier monetary policy. It may also lead investors to reassess riskier assets, including…
MEXC and Payward Highlight Collaboration as Crypto and TradFi Converge at TOKEN2049 MEXC and Payward highlighted their collaboration at TOKEN2049, as discussions at the event reflected the growing interaction between the cryptocurrency industry and traditional finance. The focus on collaboration comes as crypto companies and established financial institutions increasingly engage with one another across industry…
Court Hands SEC Narrow Win on Crypto Classification The Supreme Court just gave the Securities and Exchange Commission a limited but important victory in a high-stakes crypto case, ruling that digital tokens sold to U.S. investors can still qualify as securities even when the token itself is marketed as a decentralized utility. The decision tightens…
Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients Standard Chartered has enabled affluent clients in the United Arab Emirates to trade bitcoin and ether directly through the bank, expanding access to digital assets within its existing banking relationship. The move gives eligible UAE customers a way to buy and sell the…
Character.AI files for Chapter 11 bankruptcy, with Disney offering $20 million as opening bid Character.AI, the generative AI chatbot platform operated by Character Technologies Inc., has filed for voluntary Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. The filing starts a court-supervised sale process that will determine whether the platform…
Crypto Markets Dodge CFTC Bullet in Kitchen Ruling A federal appeals court just handed the CFTC a procedural loss that leaves crypto traders breathing easier and the agency searching for its next move. The D.C. Circuit tossed out the regulator’s enforcement order against trader Trevor Kitchen without ever reaching the merits, ruling the CFTC jumped…
