Prediction markets get first US rule proposal as CFTC conducts contract reviews
The U.S. Commodity Futures Trading Commission proposed its first prediction markets regulation on Wednesday, offering an approach to how it could comprehensively evaluate whether contracts trip the federal standard for…
Trade.fi, W3 target $650M in onchain private debt using AI valuation
Trade.fi, which lends money to companies buying heavy equipment, said it is working with W3, a developer of AI agents for enterprises, to deploy $650 million in private credit onchain…
Sam Bankman-Fried officially apologizes for Donald Trump’s presidency
Sam Bankman-Fried, the founder and former CEO of collapsed crypto exchange FTX, formally asked for a presidential pardon from President Donald Trump while serving a 25-year prison sentence for fraud…
ETF flows tell a different story
Bitcoin btc$62,091.12 Trading is back to levels seen in early February: near $60,000. But this time the reaction of the institutions is completely different. ETF flows show that today, they…
Meta is paying creators in Stablecoins. spending them is someone else’s problem
In March, when Meta announced plans to begin paying creators in USDC across Colombia and the Philippines, with hopes of expanding to more than 160 countries by the end of…
Security experts warn that advanced AI is going to cause hacking crisis for both crypto and banks
A major bug found in Zcash, a top privacy network using artificial intelligence, could be a warning sign that similar unseen flaws exist in crypto and banking software. Of concern…
Crypto Clarity Act makes headlines for bad-actor provisions as Senate process moves forward
While there are no new signs of progress on the U.S. Senate’s Digital Asset Market Clarity Act, the crypto industry’s Blockchain Association held an online event Thursday to join lawmakers…
Tom Lee’s Bitmain (BMNR) suffers $8.9 billion paper loss as ETH falls below $1,800
Bitcoin Immersion Technologies (BMNR), the largest corporate holder of Ether (ETH), is facing losses of nearly $9 billion as the token’s slide below $1,800 erodes the value of its vast…
US bans Nobitex, other Iranian crypto exchanges amid ongoing war
The US Treasury Department on Tuesday blacklisted several Iranian crypto exchanges, including its largest platform Nobitex, as part of its ongoing campaign against the Iranian government. The Treasury’s Office of…
Digital asset firm KeyRock plans to acquire Blockfills from bankruptcy
Brussels-based digital asset services firm KeyRock is in the process of acquiring bankrupt crypto trading and lending firm Blockfills, according to two people with knowledge of the matter. A KeyRock…