Blockchain.com Seeks Approval for US Prediction Markets and Crypto Derivatives Blockchain.com is seeking approval to offer prediction markets and crypto derivatives in the United States, according to the information provided. The application signals the company’s interest in expanding beyond its existing crypto-related services into products that allow users to gain exposure to event-based contracts and…
How Zcash Plans to Hide Your Keys From AI and Quantum Attacks Zakura, a developer of Zcash full node software, is rolling out a new privacy feature in the Vizor wallet this week and says the network could add support for hash-based signatures as soon as January. The changes are part of a broader effort…
Bitcoin, Ethereum and Solana ETFs All in the Red for October Exchange-traded funds tied to Bitcoin, Ethereum and Solana all recorded negative performance in October, according to the information provided. The broad-based decline means the three major crypto assets represented by these products moved lower over the month. Because ETFs provide regulated market exposure without…
SEC Wins Key Appeal, Crypto Exchanges Lose Ground A federal appeals court just handed the Securities and Exchange Commission its clearest victory yet in the crypto wars, ruling that exchanges operating unregistered trading platforms for digital assets can be held liable under federal securities law. The decision could reshape how U.S. platforms structure operations and…
OSL Brings USDGO Market-Neutral Fund On-Chain for Hong Kong Investors OSL is bringing the USDGO market-neutral fund on-chain for investors in Hong Kong, expanding access to a fund through blockchain-based infrastructure. The move connects a traditional investment product with on-chain distribution, allowing eligible Hong Kong investors to access the fund in a digital-asset environment. The…
CFTC Snaps Back: Appeals Court Hands Trevor Kitchen a Cold Defeat Trevor Kitchen just lost his bid to stop the CFTC from pursuing him for unregistered crypto swaps. The D.C. Circuit’s June 5 ruling slams the door on his constitutional challenge, letting the agency keep its enforcement guns trained on what it calls an illegal…
Crypto’s Biggest Mysteries Still Defy Easy Answers Crypto has created enormous fortunes, spectacular scams, and disappearances that remain unresolved years later. From the missing CryptoQueen to a DeFi builder’s disturbing final days, these cases show how anonymity and weak oversight can turn digital finance into a maze of unanswered questions. The stories span vanished founders,…
Visa survey says nearly half of APAC consumers open to using stablecoins by 2031 Nearly half of consumers across the Asia-Pacific region say they would be open to using stablecoins by 2031, according to a survey by Visa. Stablecoins are digital assets designed to maintain a relatively stable value, typically by being linked to a…
Tether and Fasanara Launch $400 Million Credit Fund Tether and Fasanara Capital are launching a $400 million evergreen private credit fund targeting asset-backed lending through fintech platforms across more than 60 countries. The vehicle aims to use USDT infrastructure to connect stablecoin liquidity with real-world credit demand, while potentially growing toward $3 billion. The move…
Trump’s Iran pledge lifts crypto sentiment as bitcoin bears face liquidation pressure Crypto markets traded higher after President Donald Trump said the U.S. would not bomb Iran before next month’s U.S. midterm elections, a statement that helped ease near-term geopolitical anxiety and shifted positioning across risk assets. Bitcoin (BTC) held near $82,600 after rebounding from…
Everyone wants SCOTUS to take up prediction markets: State of Crypto
TRM Labs Doubles Valuation as Crypto Intelligence Demand Surges Blockchain intelligence firm TRM Labs has reached a $2 billion valuation in a Series C expansion, doubling its previous value. The move reflects rapidly growing demand for AI-powered investigations as regulators, law enforcement agencies, and financial institutions move to track increasingly sophisticated crypto activity. TRM said…
Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls Bitcoin held onto weekend gains and traded above $84,000 even as U.S. spot bitcoin exchange-traded funds (ETFs) extended a historically heavy stretch of redemptions. The price resilience came alongside softer oil prices, a macro backdrop that traders have been watching closely in recent…
COURT RIPS HOLES IN SEC’S ENFORCEMENT ARMOR The Fifth Circuit just handed the SEC a stinging defeat in a long-running case against a crypto exchange, ruling that the agency overstepped when it tried to classify certain digital assets as unregistered securities without proving how they were actually sold. The decision narrows the agency’s ability to…
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…
Texas Appeals Court Hands Crypto Firm Rare Win Over State Regulators A Texas appeals court just granted an extraordinary writ of mandamus to a cryptocurrency mining company, forcing a lower court to halt enforcement actions that threatened its operations. The ruling signals early judicial pushback against aggressive state-level crypto enforcement, and it could become a…
Bitcoin Could Reach $30 Trillion Like Gold, Bitwise CIO Says Bitcoin could eventually grow to a market value of around $30 trillion, according to Bitwise’s chief investment officer, who compared the cryptocurrency’s potential with gold. The comparison places Bitcoin within the broader debate over its role as a store of value and an alternative asset….
Chinese Communist Party Calls for a National Blockchain Network The Chinese Communist Party has called for the creation of a national blockchain network, signaling continued interest in blockchain infrastructure as part of the country’s broader digital development efforts. A nationwide network could provide shared infrastructure for blockchain-based systems across different sectors. However, the available information…
Court Slams Coinbase Petition, SEC Wins Early Round Coinbase’s bid to force the SEC into rule-making on crypto assets has been rejected by the Third Circuit. The three-judge panel ruled that the exchange cannot compel the Commission to issue industry-wide guidance simply because it filed a petition. The decision hands regulators breathing room and keeps…
US Government Moves $1 Billion in Bitcoin Seized From Bitfinex Hacker The US government has moved approximately $1 billion worth of Bitcoin seized in connection with the Bitfinex hack, according to the information provided. The transfer involves cryptocurrency linked to the theft from Bitfinex, a major cryptocurrency exchange. The movement of seized assets is significant…
