DraftKings Unveils New Standalone Predictions App with CFTC Regulation to Enhance User Experience
DraftKings can offer event contracts in states that still prohibit online sports betting, expanding reach without changing state gaming laws.
SEC Pursues Lengthy Bans for Former Alameda CEO Ellison and Ex-FTX Executives Wang and Singh
The SEC looks to bar Caroline Ellison and former FTX executives Gary Wang and Nishad Singh from being directors for several years.
Metaplanet Launches US Trading Partnership with Deutsche Bank Featuring New MPJPY Currency
Metaplanet will debut US trading via American Depositary Receipts, aiming to broaden access for US investors without raising new capital.
Fidelity Macro Expert Predicts Bitcoin Will Reach $65K Bottom in 2026, Marking the Conclusion of the Bull Cycle
Fidelity’s director of macro is predicting a Bitcoin bottom near $65,000 in 2026, but remains a “secular bull” despite predicting an end to the current four-year cycle.
Fragmentation Costs Tokenized Assets Up to $1.3 Billion Annually, According to New Report
New research models how crosschain price gaps and capital friction are eroding efficiency as tokenized markets scale across blockchains.
Bybit Unveils Enhanced UK Trading Platform in Partnership with Archax, Complying with FCA Promotion Guidelines
Bybit is relaunching in the UK with a stripped‑back spot and P2P platform, reopening a market it exited after the Financial Conduct Authority’s (FCA) 2023 crackdown.
Jump Trading Faces $4 Billion Lawsuit Linked to $50 Billion Terra Collapse, Reports WSJ
Terraform Labs sued Jump Trading and senior executives for $4 billion, alleging the firm manipulated Terra’s ecosystem and unlawfully profited from the crash, the WSJ reported.
Senior Promoter of IcomTech Crypto Ponzi Scheme Sentenced to Six Years in Prison
Magdaleno Mendoza, 56, was sentenced to 71 months in prison for his role in helping orchestrate a crypto Ponzi scheme in the U.S.
Bitcoin Surges Following Japan's Interest Rate Increase as Arthur Hayes Predicts Dollar Will Reach 200 Yen
Bitcoin headed higher despite the Bank of Japan's interest-rate hike while reactions saw bullish risk-asset signals and no further policy tightening.
Coinbase Adopts Kalshi's Strategy and Files Lawsuits Against Three States Over Prediction Market Regulations
Coinbase sued regulators in Connecticut, Illinois and Michigan, arguing CFTC-regulated prediction markets fall under federal commodities law, not state gambling rules.
Terraform Labs Liquidator Seeks $4 Billion in Damages from Jump Trading in High-Stakes Legal Battle
A spokesperson for Jump reportedly called the lawsuit a 'desperate attempt' to shift blame and responsibility away from Terraform and Kwon.
Transforming Libya into a Bitcoin Mining Hub Through Affordable Energy Solutions
Libya’s cheap power fueled a hidden Bitcoin mining boom, straining the grid and forcing authorities into an escalating crackdown.