Prediction market activity has climbed sharply as traders flock to contracts tied to the escalating US-Iran conflict, while Washington moves toward clearer federal rules for event contracts and a legislative push to…
Former Binance CEO Changpeng “CZ” Zhao said centralized crypto exchanges have “zero motive” to assist terrorists after a US court dismissed a lawsuit accusing the exchange of facilitating terrorist financing. In a post…
The plaintiffs characterized the death carveout in a prediction market for the former Iranian Supreme Leader's ouster as "deceptive." A class action lawsuit has been filed against prediction market Kalshi, alleging that…
A wallet linked to Ethereum co-founder Jeffrey Wilcke transferred 79,358 ETH valued at around $157 million to the Kraken exchange on Saturday, as first reported by on-chain analyst @ai_9684xtpa. The move came eight…
Crypto industry executives are combing through US President Donald Trump’s National Cyber Strategy after it was released on Friday, searching for hints about what it could signal for government support of the crypto…
A US Judge has temporarily frozen 70.6 Bitcoin tied to cryptocurrency lending and trading company BlockFills and ordered a full segregated account of customer funds after Dominion Capital accused the company of…
PEI Licensing, the firm behind the clothing brand Original Penguin, has filed a lawsuit against the nonfungible token project Pudgy Penguins, alleging trademark infringement, dilution and unfair competition. The…
Senator Chris Murphy says it’s likely people close to Donald Trump with “inside information” made bets on prediction markets on when the US would strike Iran. US Democratic lawmakers are working on a bill to police…
The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that…
The US Internal Revenue Service (IRS) is seeking to require electronic delivery of tax forms to crypto exchange users. Under the current rules, exchanges are required to provide paper copies of tax form 1099-DA, the IRS…
An estimated 38% of altcoins are now hovering near all-time lows, which is worse than the post-FTX market crash, according to CryptoQuant analyst Darkfost. The current market is “unfavorable” for risk-on assets, and the…
The Securities and Exchange Commission has proposed an interpretive framework for applying federal securities laws to digital assets that would carry more weight than staff-level guidance. The US Securities and Exchange…