GMX V1 Crushed by $40M Exploit: Trading Halted, Tokens Frozen Decentralized perpetuals exchange GMX has slammed the brakes on its V1 platform after a brutal $40 million exploit, halting all trading and token minting to stem the bleeding. This marks the latest gut-punch in 2025’s relentless wave of crypto hacks, shaking investor confidence just as…
SEC Crushes IRS in Crypto Seizure Showdown A federal judge in D.C. just slammed the brakes on the IRS’s attempt to permanently seize 24 cryptocurrency accounts, ruling the agency failed to prove the funds were tied to crimes like money laundering or sanctions evasion. This rare court smackdown against feds in a crypto forfeiture case…
Bitcoin Blasts Past $112K All-Time High, Crushing Short Sellers Bitcoin has surged to a staggering new all-time high above $112,000, igniting euphoria across crypto markets. Short sellers faced brutal liquidations as the rally accelerated, wiping out billions in leveraged bets against the king of crypto. This milestone signals unrelenting bullish momentum amid institutional inflows and…
SEC Crushes Diamond Fortress in Delaware Court Blow Delaware Superior Court just slammed the door on Diamond Fortress Technologies and exec Charles Hatcher II, tossing their lawsuit against the SEC over a stalled crypto IPO registration. The ruling upholds the agency’s rejection, signaling regulators won’t bend for unproven blockchain pitches amid crypto’s wild volatility. This…
Binance Defends Global Compliance Program Following Significant Reduction in Sanctions Exposure Binance has defended its global compliance program after reporting a significant reduction in its exposure to sanctions-related risk. According to the information provided, the exchange positioned the decline as evidence that its controls and processes are working as intended, amid ongoing scrutiny of how…
Chinese Creditor Slams FTX’s Bid to Block Payouts in Restricted Nations A Chinese creditor has fired back at FTX’s latest courtroom maneuver to halt repayments to users in China and other restricted countries, escalating the bankrupt exchange’s drawn-out saga. This clash highlights the tension between global recovery efforts and local legal barriers, potentially delaying billions…
Grayscale Crushes SEC: Spot Bitcoin ETF Greenlight Nears The D.C. Circuit Court just torched the SEC’s rejection of Grayscale’s Bitcoin ETF conversion, ruling the agency’s reasoning was arbitrary and inconsistent—handing crypto a massive win that could unlock billions in institutional money. This isn’t some footnote; it’s a direct hit to the SEC’s iron grip on…
CFTC Crushes Crypto Trader in Landmark Securities Dodge The Seventh Circuit just slammed the door on James Donelson’s bid to escape CFTC charges, ruling that his crypto trading scheme promoting XRP as non-security futures falls flat. This upholds a district court win for regulators, signaling CFTC’s iron grip on digital asset derivatives tightens just as…
Coinbase Smacks Down SEC in Landmark Crypto Win Coinbase just gutted the SEC’s overreach in a Third Circuit bombshell, vacating an order that demanded the exchange hand over customer data without proving its case. This precedential ruling shreds the agency’s “regulation by enforcement” playbook, handing crypto a rare courtroom knockout that could chill future SEC…
US Crypto Bill Lets Tesla, Meta Dodge SEC—Warren Sounds Alarm US lawmakers are fast-tracking a crypto market structure bill that could greenlight giants like Tesla and Meta to dive into digital assets without SEC oversight. Senator Elizabeth Warren warns it hands Big Tech a free pass on regulations, potentially reshaping who controls crypto. Investors, brace:…
Chinese Creditor Slams FTX’s Ploy to Block Payouts in Restricted Nations A Chinese creditor has fired back at FTX’s latest court motion to freeze repayments to users in China and other restricted countries, escalating the bankrupt exchange’s drawn-out drama. This clash highlights the tension between global recovery efforts and national barriers, potentially delaying billions in…
Ethereum Treasury Sharplink Reports Growing ETH Holdings, Institutional Investment Sharplink, an Ethereum-focused treasury firm, said its Ether holdings increased over the latest reporting period, pointing to continued institutional investment in ETH as a treasury asset. The company’s update centers on two related developments: a larger ETH position on its balance sheet and signs of institutional…
SEC’s Crypto Mom Peirce Warns: Tokenized Assets Still Face Security Rules SEC Commissioner Hester Peirce, known as “Crypto Mom,” just doubled down on a harsh reality: tokenized securities remain firmly under securities law, no matter the blockchain hype. Echoing ex-chair Gary Gensler’s stance, she urged crypto players to huddle with the SEC before launching anything…
GMX V1 Crushed by $40M Exploit: Trading Halted, Tokens Frozen Decentralized perpetuals exchange GMX has slammed the brakes on its V1 platform after a brutal $40 million exploit, halting all trading and token minting to stem the bleeding. This marks yet another gut punch to DeFi in 2025, where hackers are feasting on vulnerabilities like…
Bitcoin Blasts Past $112K All-Time High, Crushing Short Sellers Bitcoin has smashed through its previous record, surging above $112,000 and triggering massive short liquidations. This explosive move marks a triumphant return to bull territory, fueled by relentless buying pressure and fading macro fears. For investors, it’s a stark reminder that BTC’s upside remains untamed. The…
Zcash slides as Bitcoin dips below $90,000, spotlighting renewed attention on ZEC’s outlook Market attention turned to Zcash (ZEC) after a sharp move lower in the token coincided with a broader pullback in crypto markets. Bitcoin fell below $90,000, and ZEC declined 19% over the same period referenced in the source material. The move came…
US Debt Hits $36.6T as Recession Fears Threaten Bitcoin’s Rally to $95K Bitcoin surged to fresh all-time highs today, riding waves of optimism, but America’s ballooning $36.6 trillion national debt and dismal housing data are flashing red recession warnings. Investors now fear a sharp pullback could drag BTC back toward $95,000. This clash between crypto…
Chinese Creditor Slams FTX’s Plan to Block Payouts in China A Chinese creditor has fired back at FTX’s latest bankruptcy maneuver, challenging the exchange’s motion to halt repayments to users in restricted countries like China. This clash threatens to delay the already long-awaited creditor payouts from the collapsed crypto giant’s $16 billion recovery plan. For…
Trump-Backed Crypto Venture Greenlights Governance Token Trading World Liberty Financial, the DeFi platform tied to the Trump family, just voted overwhelmingly to make its governance token tradable on exchanges. With over 99% approval from 5 billion tokens, this move could unlock massive liquidity and propel the project into the spotlight. For investors, it’s a high-stakes…
After State Lawsuit Losing Streak, Kalshi Nabs Victory in Tennessee—This Could Be Why No source details were provided beyond the headline, and there is no raw content to verify what occurred in Tennessee, what the court or regulator decided, or how it compares to Kalshi’s prior state-level cases. To write a clean, accurate news story…
