Drift Protocol, a decentralized cryptocurrency exchange (DEX), says the recent exploit against the platform was a six-month-long, highly coordinated attack. “The preliminary investigation shows that Drift experienced a structured intelligence operation requiring organizational backing, significant […]
A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law. Judge Jason Woodbury said at a hearing in […]
CFTC-DOJ Lawsuits Target State Control Over Prediction Markets Authority The Commodity Futures Trading Commission (CFTC), the U.S. derivatives regulator, and the Department of Justice (DOJ) filed lawsuits on April 2 against three states targeting prediction […]
BNP Paribas Adds Crypto-Linked ETNs for Retail Investors Growing access to regulated crypto-linked instruments is reshaping how traditional investors engage with digital assets, as BNP Paribas Commercial Banking in France extended its exchange platform on […]
Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund. Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff […]
The city council of Haverhill, Massachusetts is set to consider a ban on cryptocurrency ATMs following a proposal for an ordinance introduced on March 17. According to Haverhill City Council’s agenda, the government body is […]
Brussels-based digital asset market maker Keyrock has reached a $1.1 billion valuation after securing series C funding led by SC Ventures, Standard Chartered Bank’s venture arm, alongside Ripple, according to a Tuesday statement. The investment […]
US Bitcoin Mining Policy and National Reserve Strategy U.S. lawmakers are advancing efforts to strengthen domestic digital infrastructure as Senators Bill Cassidy and Cynthia Lummis introduced legislation on March 30 to expand U.S.-based digital asset […]
US Debanking Fight Ignites as FTC Targets Visa, Mastercard, Paypal, and Stripe Practices Access to financial services has become a focal policy concern as federal regulators scrutinize industry practices. Federal Trade Commission (FTC) Chairman Andrew […]
Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products. The Washington Attorney General’s complaint cites the Pacific […]
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