A Routing Bug Took Solana 86% of the Way to Losing Finality The information provided does not include any details beyond the headline and an empty description. Without the underlying incident notes—such as when it occurred, what “routing” component was affected, how the 86% figure was calculated, what symptoms were observed on the network, and…
COURT SLAPS CFTC FOR OVERREACH ON CRYPTO TRADER The D.C. Circuit just told the CFTC it can’t punish a crypto trader for something the agency itself never clearly banned. Trevor Kitchen walked away with a clean record, and the agency walked away with a sharp reminder: it must prove the rules before it swings the…
Court Hands CFTC Broad Power to Police Crypto Scams The Ninth Circuit just handed the CFTC sweeping authority to prosecute commodity fraud involving virtual currencies, even when no futures contracts are involved. The ruling sends a clear message to crypto fraudsters: the days of exploiting jurisdictional gray areas are over. James Devlin Crombie ran a…
Court Slams IRS Crypto Seizure as Overreach A federal judge in Washington has ruled that the IRS cannot simply freeze two dozen cryptocurrency accounts without first showing probable cause that the accounts themselves are tied to criminal proceeds. The decision strikes at the heart of how federal agents target digital assets and forces law enforcement…
SEC STRIKES OUT AGAIN IN DC COURTROOM The SEC just lost another round in its crypto crackdown, with Judge Amy Berman Jackson refusing to let the agency expand its case against Binance beyond the charges already filed. The ruling keeps the fight narrow, limits discovery, and signals to markets that courts are growing skeptical of…
Court Backs Founders Over Crypto Startup Control Grab Delaware’s Superior Court just handed a win to the founders of Diamond Fortress Technologies, ruling that a Delaware corporation cannot unilaterally strip control from its own officers and directors without clear corporate authority or contractual backing. The decision slams the brakes on what had become a growing…
Wintermute plans $1 billion AI push beyond crypto: Bloomberg Crypto market maker Wintermute is planning an expansion into artificial intelligence that could involve up to $1 billion in investment, Bloomberg reported. The move would mark a significant step beyond Wintermute’s core business in digital asset market making and trading infrastructure, positioning the firm to pursue…
Grayscale Wins, SEC Loses in Landmark Bitcoin ETF Ruling The D.C. Circuit just handed Grayscale a clean victory and the SEC a stinging defeat. In a unanimous ruling, the court vacated the Commission’s order that rejected the firm’s proposal to convert its Bitcoin trust into an exchange-traded fund, finding the agency’s reasoning “arbitrary and capricious.”…
COURT SLAPS DONELSON: CFTC WINS ON BROAD SWAPS DEFINITION The Seventh Circuit just handed the CFTC a major enforcement win against James Donelson, expanding the agency’s reach over crypto-linked contracts and tightening the definition of swaps. The decision matters because it signals that federal regulators will treat many DeFi and OTC crypto products as swaps,…
Court Slaps Coinbase, Hands SEC Fresh Power The Third Circuit just handed the SEC a 3-0 win in Coinbase’s long-shot bid to force crypto rulemaking, declaring the agency has zero legal duty to answer Coinbase’s petition. That single sentence is now the new reality for every exchange and DeFi protocol wondering whether the SEC can…
Kalshi taps DoubleZero for Wall Street-style high-speed data feed The information provided does not include any details beyond the headline, so there is not enough source material to write a news story without adding unsupported facts. If you share the raw content (even bullet points, a press release excerpt, or a link summary), I can…
CFTC Cites Bitcoin Position in Emergency Order Shielding Kalshi No source details were provided beyond the headline and title, so there isn’t enough verified information to write a complete, accurate news story without inventing facts. If you share the raw content (the text of the emergency order, a summary of what it says, or any…
Kalshi taps DoubleZero for Wall Street-style high-speed data feed Kalshi has partnered with DoubleZero to support a high-speed market data feed, aiming to deliver Wall Street-style performance for users who rely on fast, reliable pricing and order information. The move highlights how crypto-adjacent venues and modern financial platforms are increasingly treating market data distribution as…
Morning Minute: Saylor's Strategy Sells Bitcoin for Second Week in a Row The prompt references a title indicating that Michael Saylor's company, Strategy, sold bitcoin for a second consecutive week. However, no supporting details were provided in the raw content. To write a clean, accurate news story without adding or assuming facts, more information is…
Court Hands Kalshi Huge Win Over CFTC Prediction market operator Kalshi just punched a hole in the CFTC’s wall of resistance, and the agency is bleeding credibility. A D.C. appeals panel refused to block a lower-court order that forces the regulator to let Kalshi offer election contracts, a ruling that could reshape how Washington treats…
COURT BLOCKS TEXAS FIRM’S BID TO FREEZE CRYPTO PROBE Texas appellate judges just slammed the brakes on three crypto-linked companies trying to shut down a state investigation into their digital-asset dealings. The ruling keeps regulators inside the data room, signaling that Texas intends to treat blockchain firms like any other financial target when fraud or…
‘Inner Thoughts’ of Every Major AI Model Exposed in Massive Exploit The information provided does not include any details beyond the headline and an empty description field, leaving no factual basis to describe what happened, which systems were affected, how the exploit worked, who discovered it, or what data was exposed. Without those specifics, it…
Seventh Circuit Hands CFTC Rare Win Over Kraft The Seventh Circuit has ordered the Commodity Futures Trading Commission to be given back its records in a case where it is investigating Kraft Foods for alleged manipulation of wheat futures, a decision that quietly strengthens the agency’s hand in a battle that had turned into a…
SEC Wins Fresh Control Over Bilzerian’s Crypto Empire A federal judge just handed the SEC a rare, sweeping enforcement win—reaffirming its authority to police Paul Bilzerian’s decades-old contempt of court, including any crypto-related ventures he might launch next. The ruling matters because it shows the Commission can reach beyond traditional securities into digital assets when…
SEC LOSES BID TO RECLASSIFY STAKING AS SECURITIES OFFERING The Supreme Court today blocked the SEC from treating proof-of-stake rewards as unregistered securities, handing the agency its sharpest defeat yet on crypto’s definitional battlefield. The 6-3 ruling says staking returns are more like interest on a bank deposit than an investment contract, narrowing the agency’s…
