COURT FREEZES 24 CRYPTO WALLETS IN TAX PROBE U.S. District Judge Dabney L. Friedrich just ordered the seizure of twenty-four cryptocurrency accounts tied to an IRS criminal investigation. The ruling gives the government broad power to reach digital assets even when their owners are unknown. For traders, it’s another reminder that wallets are not private…
SEC Loses Bid to Force Binance Back to Courtroom The SEC just lost its first major round against Binance in D.C. federal court, with Judge Amy Berman Jackson dismissing most of the agency’s claims and signaling that crypto tokens may not automatically qualify as securities. The ruling delivers an early blow to the Commission’s aggressive…
Bitwise to Close Dogecoin ETF Before Its First Anniversary Bitwise plans to close its Dogecoin ETF before the fund reaches its first anniversary, ending the product’s brief presence in the market. The decision highlights the challenges of launching exchange-traded products tied to individual crypto assets, particularly when investor demand does not support keeping a fund…
Delaware Court Hands Crypto Firm A Partial Win On Trade-Secret Claims Diamond Fortress Technologies and its CEO Charles Hatcher just won the first round of their fight against former partners, and the ruling quietly rewrites how Delaware courts will treat crypto-related intellectual property. The Superior Court refused to throw out trade-secret allegations tied to a…
Bitcoin climbs to $96,750 as crypto markets turn broadly higher, lifting Coinbase into focus Crypto prices moved higher in the latest session, with Bitcoin rising about 2% to $96,750, marking another two-month high and putting major U.S.-listed crypto exposure—particularly Coinbase—back in focus. Other large-cap tokens also traded mostly in the green. Ethereum gained roughly 2%…
Grayscale Wins—Court Slams SEC for Bitcoin ETF Rejection A federal appeals court has ordered the SEC to reconsider its denial of Grayscale’s spot Bitcoin ETF, ruling the agency’s decision was arbitrary and inconsistent with how it treats similar products. The decision marks the first major legal defeat for the SEC’s crypto stance and could force…
CFTC WINS—COURT WIDENS DEFINITION OF FUTURES TRADING The Seventh Circuit just ruled that an Illinois man’s unregistered crypto trading operation was futures trading, not a simple brokerage, handing the CFTC a win that could reshape how digital-asset desks are policed. The decision tightens the legal line between “exchanges” and “brokers,” raising the stakes for anyone…
Securitize Expands BlackRock BUIDL Collateral Use Across Prime Brokers Securitize is expanding the use of BlackRock’s BUIDL fund as collateral across prime brokers, broadening the ways the tokenized financial product can support transactions in digital-asset markets. The move connects BUIDL with a wider range of prime-brokerage infrastructure. In practice, this could allow eligible market participants…
Court Slams Coinbase Door, Hands SEC Fresh Firepower The Third Circuit just refused to let Coinbase drag the SEC into court over a long-simmering enforcement dispute, leaving the exchange with no new leverage and the regulator with a clearer runway. In a crisp, precedential opinion, the panel held that Coinbase had not yet suffered the…
B.AI, SUN.io, JustLend DAO, and BitTorrent Expand MetaMask Connectivity, Driving Global DeFi Access B.AI, SUN.io, JustLend DAO, and BitTorrent are expanding their connectivity with MetaMask, broadening access to decentralized finance (DeFi) services across their ecosystems. MetaMask is a widely used crypto wallet that allows users to connect with blockchain applications, manage digital assets, and authorize…
Live updates: Bitcoin gives up early gains as markets price in multiple rate hikes Bitcoin gave up its early gains as broader markets adjusted to expectations of multiple interest-rate increases. The shift in rate expectations is putting pressure on risk-sensitive assets, including cryptocurrencies. Higher rates can reduce the appeal of assets viewed as carrying greater…
Tether Alloy gold-backed reserves pass $210 million, transparency page shows Tether’s reserves tied to Alloy, its gold-backed synthetic dollar product, have crossed $210 million, according to figures published in the company’s transparency materials. The number applies specifically to Alloy and its synthetic dollar token aUSDT, not to the reserves backing Tether’s flagship stablecoin, USDT. That…
OpenAI IPO Won’t Happen This Year, Says Sam Altman OpenAI chief executive Sam Altman said the company will not pursue an initial public offering this year. The statement rules out a public-market listing for the remainder of the year, although it does not indicate whether OpenAI intends to pursue an IPO at a later date….
An IVF Company Bought 146,432 XRP Last Year, Then Sold It All NewGenIvf Group Limited, a fertility services provider preparing for a Nasdaq listing, disclosed in a recent registration statement that it bought and later sold a small holding of XRP during 2025. According to the filing, NewGenIvf purchased 146,432 XRP in 2025, disposed of…
KALSHI WINS BETS ON ELECTIONS—COURT BLOCKS CFTC CRACKDOWN The D.C. Circuit just denied the CFTC’s emergency request to halt a lower court’s order that lets Kalshi keep offering event contracts on U.S. elections. In one stroke, a three-judge panel kept the platform’s election markets alive while the full appeal plays out, handing crypto-linked prediction markets…
Court Orders Envy Blockchain to Face Texas Fraud Suit Texas appellate court just ordered Envy Blockchain, its land-holding unit, and CEO Stephen Decani to stop dodging a fraud lawsuit in El Paso district court. The three-page ruling slams the door on their emergency petition for mandamus relief, forcing the crypto mining outfit to defend allegations…
Ripple puts AI agents inside its $1 billion corporate treasury bet Ripple is expanding its corporate treasury software with new AI “agents” designed to help finance teams monitor liquidity, forecasts and financial risk, and then recommend what to do next. The company says humans will still have to approve every action before any transaction is…
CFTC LOSES BID TO HIDE KRAFT DOCUMENTS The Seventh Circuit just told the Commodity Futures Trading Commission it cannot keep secret the evidence it collected in its decade-long fight with Kraft Foods over alleged wheat-futures manipulation. The ruling opens a window for traders and exchanges to see how the agency builds manipulation cases—something that has…
SEC WINS 23-YEAR BILZERIAN ASSET FIGHT Court hands regulators rare, lasting victory over repeat offender In a terse but sweeping order issued this week, U.S. District Judge Royce Lamberth granted the Securities and Exchange Commission’s motion to enforce a 2001 permanent injunction against Paul Bilzerian, a serial securities violator who has spent more than two…
Court Slaps SEC, Clears Path for Crypto Growth A federal appeals court just handed crypto a major win, ruling the SEC cannot treat most digital assets as securities. The decision weakens the agency’s enforcement hammer and shifts the regulatory battlefield toward Congress and the CFTC. The case began when the SEC sued a major exchange…
