SEC WINS DECADES-LONG BILZERIAN SHOWDOWN The SEC just slammed the door on Paul Bilzerian’s latest attempt to wriggle out of a 2001 injunction that bars him from launching lawsuits without court approval. The D.C. District Court ruled that Bilzerian’s new litigation against his former associates—filed through a Bahamian trust he secretly controls—violates that injunction, leaving…
Circle Welcomes DJ Khaled to ‘Team USDC’ as Crypto Twitter Reacts Circle has welcomed music producer and entertainer DJ Khaled to its “Team USDC,” prompting a sharply negative reaction across Crypto Twitter. The move places a mainstream celebrity alongside Circle’s USDC brand, the company’s dollar-linked stablecoin. While the announcement appears intended to broaden USDC’s visibility…
Court Slams Brakes on SEC’s Coinbase Campaign The Fifth Circuit just handed the SEC a stinging rebuke in its long-running fight with Coinbase, ruling that the agency overstepped its authority by treating unregistered digital assets as securities without first proving they meet the legal test. The decision sends shockwaves through crypto markets, curbing the SEC’s…
Europol Warns Crypto Wallets Are ‘Primary Risk’ for Quantum Attacks Europol has identified cryptocurrency wallets as a primary risk in the event of attacks powered by quantum computing, highlighting a potential security challenge for the digital-asset industry. The warning places wallet security at the center of discussions about quantum threats. Crypto wallets rely on cryptographic…
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity Wells Fargo is in discussions with Payward, the parent company of crypto exchange Kraken, about securing liquidity for digital asset trading services, according to people familiar with the matter. The talks are ongoing and may not result in a deal. Both Wells Fargo…
Metaplanet Sold 10,000 Bitcoin, Then Bought 11,000 Back. Here’s Why Metaplanet sold 10,000 Bitcoin before buying 11,000 Bitcoin back, according to the information provided. The transactions represent a net increase of 1,000 Bitcoin compared with the amount sold. That makes the sequence notable because the company ultimately repurchased more Bitcoin than it had disposed of….
Supreme Court Limits SEC Reach Over DeFi Protocols The Court just drew a bright line between software and securities. In a 6–3 ruling, justices held that decentralized protocols distributing governance tokens through automated code do not trigger the registration requirements that apply to traditional offerings. The decision reins in the Commission’s attempt to treat every…
HTX Ventures Publishes Report on the Convergence of CeFi, DeFi, and TradFi HTX Ventures has published a new report examining the convergence of centralized finance (CeFi), decentralized finance (DeFi), and traditional finance (TradFi). The report focuses on the growing overlap between these three areas of the financial system. CeFi generally refers to services operated by…
COURT DELIVERS CFTC WIN IN KITCHEN APPEAL The D.C. Circuit just handed the Commodity Futures Trading Commission a clean victory in its long-running enforcement case against crypto trader Trevor Kitchen, affirming the agency’s authority to police futures-style trading in digital assets. The three-judge panel found that Kitchen’s unregistered crypto-derivative platform operated squarely inside the CFTC’s…
Crypto Groups Move to Block Illinois Tax Before January Crypto Council for Innovation and the Blockchain Association are seeking to stop Illinois’ planned 0.2% crypto tax before it takes effect in January. They argue the measure is unconstitutional and could saddle the industry with expensive, complex compliance requirements. The latest legal push follows an earlier…
Quantum computers threaten exposed private keys rather than blockchains, Europol warns Quantum computers pose a greater risk to exposed cryptocurrency private keys than to the underlying blockchains themselves, according to a warning from Europol. The distinction is important because private keys are used to authorize transactions. If a key becomes exposed and future quantum systems…
Ethereum Price Cracks as Prediction Markets Split on What Comes Next Traders on crypto-focused prediction markets are placing large bets on where major tokens could trade before the end of 2026, with Ethereum at the center of a widening disagreement over upside versus downside. Across events tied to Ethereum, Solana, and Zcash, more than $31…
Consensys Splits MetaMask From Its Institutional Blockchain Business Consensys is restructuring its operations into two separate businesses: MetaMask, its consumer-focused crypto wallet, and a company centered on Ethereum protocols and institutional blockchain infrastructure. The split signals a sharper attempt to serve retail users and large organizations with different strategies, products, and risk profiles. The move…
Crypto news site Cointelegraph seeks buyer after web traffic plunges Cointelegraph is seeking a buyer after a significant decline in web traffic, according to the information provided. The development highlights the challenges facing digital cryptocurrency media as audience behavior and online distribution continue to change. For publishers that rely heavily on website visits, a sustained…
DoubleZero Brings Kalshi Election Data to Institutional Traders DoubleZero is expanding access to Kalshi’s political market data ahead of the U.S. midterm elections. The move matters because election betting is becoming a larger, faster-moving market for institutions, automated traders, and investors tracking real-time political sentiment. The development links DoubleZero’s data infrastructure with Kalshi’s prediction markets,…
Circle, Ripple and Standard Chartered Back OKX at Flat $25B Valuation Crypto exchange OKX has secured fresh investment at a $25 billion pre-money valuation, adding Circle, Ripple, Standard Chartered’s venture arm SC Ventures, and London-based quantitative hedge fund Qube Research & Technologies (QRT) to an extended funding round. OKX did not disclose how much capital…
Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance Further details about the Startale Bond, including the yen stablecoin involved and how it is being used in corporate finance, were not provided.
Court Greenlights Election Contracts, Rattles Regulators Kalshi just won a federal appeals court stay that keeps its election contracts trading while the CFTC fights to shut them down. The two-sentence headline is this: a D.C. Circuit panel decided that the public interest favors letting the contracts stay live, and the agency failed to prove irreparable…
Court Slams Brakes on Texas Blockchain Seizure A Texas appeals court just forced state regulators to pause their attempt to freeze Envy Blockchain’s assets, ruling that a lower court jumped the gun by handing over control without giving the company its day in court. The decision signals that crypto firms in Texas may now have…
Live updates: Bitcoin edges up from worst levels as yields pull back Bitcoin stabilized and rebounded Tuesday after sliding a day earlier alongside a global move higher in bond yields, offering some relief across risk assets. The pullback followed Monday’s jump in Treasury yields, which came after the Bank of Japan hinted it may raise…
