Kalshi says CFTC, Michigan orders leave it in ‘impossible position’
“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X.
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Cryptocurrencies
US freezes $131M in Iran-linked crypto as Middle East tensions rise
“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of…
Bitmine generated $46M from Ethereum staking last quarter
Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained…
Over 95% of Coinbase’s code is now written with help of AI
Coinbase’s Rob Witoff said the company is leaning more on AI to help with execution, but still needs high-agency…
Three US senators oppose CLARITY Act on ethics grounds with vote expected soon
Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure…
Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses…
US, UK treasuries to align transatlantic rules on tokenization and stablecoins
The two governments issued recommendations on the treatment of digital assets as the US prepares to implement a…
Bitcoin Bulls Drive BTC Near $65,000 Despite Middle East Strikes as Shorts…
Bitcoin staged a sharp intraday turnaround, climbing from under $63,000 to peak at $64,913 before stabilizing…
US Government Shifts $12.36M in ETH, USDC and USDT to Coinbase After Monday’s BTC…
The U.S. government moved $12.36 million in ether, USDC and USDT out of a Bitfinex hack seizure wallet on Tuesday,…
Interactive Brokers Unleashes Stablecoin Rails, Slashes Crypto Trading Costs
Interactive Brokers announced a major expansion of its digital asset footprint on Tuesday, introducing nine new…