New York sues Kalshi over alleged illegal gambling operation
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.…
Aave weighs closing 6 V3 blockchain markets, offboarding 50 low-use reserves
DeFi risk management service LlamaRisk recommended that Aave wind down every reserve on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, but action against…
Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers
The firm’s board raised the sale cap to 4,375 ETH through Oct. 30, nearly 66% of June holdings, although 3,050 of its remaining ETH is pledged. Source:CoinDesk
Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep
A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone. Source:CoinDesk
Coldcard issues Mk3 warning as experts examine $38M Bitcoin wallet drain
Coinkite urged Coldcard Mk3 users to migrate funds after identifying a potential seedgeneration risk, as Bitcoin security experts separately examine an…
US Senators sent revised ethics rules to White House for CLARITY Act: Report
The window to pass a comprehensive crypto market structure bill before the Senate breaks for a monthlong recess is closing, with ethics a dividing issue for…
Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses
The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC monetization…
The cyclospora outbreak is the biggest ever. Why this ‘unusual’ outbreak is so hard to manage.
The complexity of the cyclospora outbreak raises questions about whether it could last longer than previous outbreaks, which usually end in August.…
Hyperscale Data sells 100 BTC to fund Michigan AI data center
The Bitcoin miner is using part of its treasury and a BTCbacked credit facility to fund an AI campus tied to a potential multibilliondollar infrastructure…
Tokenized gold passes DeFi stress test, but less than 2% is used as collateral
A RedStone report found tokenized bullion held up during gold’s sharp selloff, but DeFi lending adoption remains limited despite surging market growth and…
CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts.…
Ethereum enters its second decade after a year of upheaval at the foundation
Few periods in Ethereum's 11year history have brought as much change, from leadership shakeups at the Ethereum Foundation to institutional adoption, as the…