MEXC Unveils AI-Powered Trading’s Future at TOKEN2049 Singapore

Uranium Finance hacker convicted after laundering $50M-plus in crypto and buying rare trading cards A Manhattan jury has convicted Jonathan Spalletta, a 36-year-old cybersecurity consultant from Rockville, Maryland, for computer fraud and money laundering tied to two 2021 hacks of decentralized exchange Uranium Finance, according to the U.S. Attorney’s Office for the Southern District of…

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…

U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins The U.S. Federal Reserve has moved forward with proposals aimed at implementing the GENIUS Act, a law focused on the regulation of stablecoins. The proposals mark a step toward putting the legislation into practice. Their development will help establish how the Federal Reserve’s…

Satoshi-Era Bitcoin Wallet Moves 600 BTC After 16 Years A Bitcoin wallet associated with the network’s early years has moved 600 BTC after remaining inactive for 16 years. The transaction marks the reactivation of a wallet that had not recorded movement for more than a decade and a half. No information was provided about the…

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…

Kalshi Wins, CFTC Loses in D.C. Circuit Showdown A federal appeals court just handed Kalshi a decisive victory over the Commodity Futures Trading Commission, refusing to freeze the company’s election contracts while the agency appeals a lower-court ruling. The decision matters because it signals that judges are increasingly skeptical of the CFTC’s effort to wall…