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New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other outcomes. The lawsuit seeks to stop Kalshi’s alleged illegal gambling operation in the state, require the company to forfeit illegal gains, pay restitution to users and pay civil penalties equal

Telegram, the messaging platform used by more than 1 billion people worldwide, is facing a major legal challenge in Australia over claims that it failed to stop the spread of terrorism-linked material. Australia’s online safety regulator, the eSafety Commissioner, launched civil penalty proceedings against Telegram in the Federal Court on Thursday, according to an official

Hungary is rolling back strict crypto rules as CoinCash prepares to resume services after receiving authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation. The Hungarian parliament voted to repeal the country’s crypto validator requirement, removing mandatory third-party approval for certain crypto transactions, the Hungarian tax and legal publication Ado.hu reported on Tuesday. Finance

Lido upgrade aims to slash Ethereum’s validator count by one-third Latest News Published Jul 28, 2026 Lido launched Curated Module v2, an upgrade that could reduce Ethereum’s validator count by one-third by consolidating validators and introducing new operator rules. Lido, a liquid staking protocol that lets users earn Ethereum staking rewards through its stETH token

Brazilian police bust cocaine traffickers in crypto-linked transnational probe Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through crypto-enabled illicit money brokers. The Brazilian Federal Police last week busted an alleged international drug cartel thought to have trafficked around 6.5 metric tons of cocaine

BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. “After a careful evaluation of the Company’s operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations,” it said

US-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak. Ethereum funds saw $211.25 million in net inflows over the previous five sessions from July 17 to Thursday, according to SoSoValue data. They still posted $103.9 million in net inflows for the week ended Friday. Despite

Bitcoin ETFs snap seven-day inflow streak with $225M in outflows After attracting nearly $1 billion over seven trading sessions, US-listed spot Bitcoin ETFs recorded their first daily net outflow since July 13. US-listed spot Bitcoin exchange-traded funds (ETFs) ended a seven-session inflow streak on Thursday, marking their first day of net outflows since July 13.

Bitcoin ETFs approach $1B in 7-session inflow run US spot Bitcoin ETFs recorded $69 million in inflows on Wednesday, extending their inflow streak to seven sessions and bringing total inflows during the period to nearly $1 billion US-listed spot Bitcoin exchange-traded funds (ETFs) have attracted about $1 billion in net inflows over seven straight trading

Update July 22 at 4:37 am UTC: The article has been updated to include additional information from Slowmist about the exploit method. Balance Coin, an algorithmic stablecoin designed to maintain a peg to the US dollar, has fallen more than 99% following a reported exploit. Balance Coin, the native stablecoin of Balance Protocol, is trading