Genius Group has resumed its Bitcoin acquisition strategy with the purchase of 10 BTC, marking the company’s return to buying the cryptocurrency.
The transaction signals a renewed focus on Bitcoin within the company’s broader financial strategy. No further details about the purchase were provided.
Judges Hand CFTC Fresh Defeat in Crypto Appeal The D.C. Circuit just handed crypto trader Trevor Kitchen a rare win against the CFTC, ruling that the agency overstepped when it punished him for trading activity on a now-defunct exchange. The decision signals that courts are narrowing the CFTC’s reach over decentralized platforms and individual traders,…
Anthropic Launches Haiku 5.5 as Its Cheapest and Fastest Claude Model Yet Anthropic has released Claude Haiku 5.5, the third model in its Claude 5.5 lineup, expanding its product range as it builds out a broader artificial intelligence portfolio ahead of a planned initial public offering (IPO). The launch follows recent releases of Claude Opus…
US Aims to Turn Stablecoins Into a Weapon for Dollar Dominance Washington is weighing whether to support private stablecoin ventures abroad as part of a broader effort to protect the US dollar’s role as the world’s primary reserve currency and to sustain demand for US Treasuries. The idea, as described, would involve funding or backing…
Court Slams Delaware Crypto Startup Over Failed Token Deal Delaware’s top business court just told two crypto entrepreneurs they cannot sue their way out of a bad deal with an investor who walked away from a $2.5 million token purchase. The ruling tightens the screws on how Delaware companies must honor their private-placement promises and…
Kalshi Wins, CFTC Authority Takes a Hit A federal appeals court just refused to pause a lower-court order letting Kalshi run elections-based event contracts—marking the first time a major venue can legally offer direct bets on U.S. political outcomes. The ruling keeps Kalshi’s platform live while the CFTC appeals, and it signals that regulators may…
SEC Drops Appeal in Major Crypto Suit: Court Leaves Classification Question Unresolved The Fifth Circuit quietly ended the SEC’s appeal in a high-stakes crypto case on April 17, leaving the core legal question—whether certain tokens are securities—untouched. The agency simply withdrew, signaling it may prefer to fight elsewhere rather than risk an adverse precedent in…
