A Massachusetts judge grants a preliminary injunction blocking Kalshi from letting state residents bet on sports through its online platform
A Massachusetts judge grants a preliminary injunction blocking Kalshi from letting state residents bet on sports through its online platform
A Massachusetts judge on Tuesday ruled prediction-markets operator Kalshi cannot let state residents bet on sports through its online platform …
Coinbase says hackers accessed data of a “small subset” of users, but not credentials, expects to incur $180M-$400M in costs, and refuses to pay a $20M ransom
and the investigators who saw it coming Sead Fadilpašić / TechRadar : Personal information leaked in Coinbase cyberattack, cost could be $400 million Bloomberg : Coinbase Hack Coul...
Source: Coinbase's hackers had bribed enough customer service representatives to achieve effectively on-demand access to customer info in the past five months
On the long list of crypto companies that have been hacked, there are plenty of examples of financial losses that are much more painful …
Robinhood plans to acquire crypto exchange Bitstamp for $200M, in a deal expected to close in H1 2025, and says Bitstamp would still operate under its own brand
Caitlin Ostroff / Wall Street Journal :
Binance Chief Strategy Officer Patrick Hillmann says the company expects to pay monetary penalties to settle US regulatory and law enforcement investigations
DOJ, CFTC have been probing world's largest cryptocurrency exchange — Binance, the world's largest cryptocurrency exchange …
Over 100 BTC claimed to be inaccessible was moved out of cold wallets tied to QuadrigaCX, the exchange that went bankrupt in 2019 after its CEO allegedly died
More than 100 BTC tied to QuadrigaCX moved out of cold storage wallets over the weekend. Quadriga's bankruptcy trustee …
Investor letter: Grayscale CEO Michael Sonnenshein details options if the Grayscale Bitcoin Trust's ETF plans fail, including a tender for outstanding shares
Michael Sonnenshein attempts to assuage fears of Grayscale Bitcoin Trust investors after collapse of FTX
A look at a draft copy of Sam Bankman-Fried's planned House testimony, including accusations against John Ray and screenshots from a chat with Changpeng Zhao
Sam Bankman-Fried, founder of collapsed crypto exchange FTX, was scheduled to testify Tuesday before the U.S. House of Representatives Committee on Financial Services.
FTX CEO John Ray's testimony to the US House: FTX and Alameda commingled customer assets, insiders were paid $1B+, FTX US was not run independently, and more
Before He Was Arrested Luc Olinga / TheStreet : FTX's Bankman-Fried Used Client Money for Political Donations: SEC Financial Times : FTX live news: Alameda had no list of bank acco...
Sources: Genesis struggles to raise $1B+ funding for its lending unit and warns potential investors that it may need to file for bankruptcy if its efforts fail
Digital-asset brokerage Genesis is struggling to raise fresh cash for its lending unit, and it's warning potential investors …
Binance plans to stop supporting the world's second biggest stablecoin USDC and convert users' USDC, USDP, and TUSD into its own stablecoin BUSD on September 29
Jamie Crawley / CoinDesk :
Binance plans to stop supporting the world's second biggest stablecoin USDC and convert users' USDC, USDP, and TUSD into its own stablecoin BUSD on September 29
Jamie Crawley / CoinDesk :
At a CFTC meeting, agricultural groups criticized FTX CEO Sam Bankman-Fried's plan for automated risk management and 24/7 trading in leveraged futures markets
Agricultural groups criticise FTX plan for round-the-clock risk management in leveraged futures market
BAYC, whose average sales price dropped 29% over the past week, and other bluechip NFT collections, have been hit harder than bitcoin amid the crypto rout
Blue-chip NFT collections like Bored Ape Yacht Club, which for a while outperformed the rest of the crypto market …
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in September 2017 to investigate fraud, taking it to 50 staff
ancient crypto curse https://www.wsj.com/... @cmsholdings : A more dovish take here is that crypto has more than doubled in size especially headcount / projects / notional traded p...
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in 2017 to monitor crypto fraud, taking it to 50 personnel
Agency to add 20 staffers to help tighten scrutiny of unregulated $1.7 trillion cryptocurrency market Source: U.S. Securities … .
Coinbase co-founder Fred Ehrsam and ex-Sequoia partner Matt Huang announce Paradigm One, a $2.5B fund focused on crypto and Web3
Miles Kruppa / Financial Times : Source: Paradigm .
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more
A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins.
Crypto analytics startup Chainalysis raises $100M Series C led by Addition at a $1B valuation, says its revenue grew by around 96% over the past year
A new bitcoin unicorn is about to be born. After days of rumors flying around the cryptocurrency industry, investigation firm Chainalysis …