These companies look set to face high-profile hearings and other scrutiny if Democrats win the House
Law and lobbying firms in Washington, D.C., are telling companies to prepare for a new level of scrutiny, since most modern midterm elections result in some…
Community banks sue OCC over trust bank charters of crypto firms
Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress. Source：Cointelegraph
Illinois will postpone implementation of crypto tax following lawsuit
State officials agreed to delay the 0.2% crypto tax for six months after lawsuits and industry pushback claimed the bill was rushed through the legislature.…
SEC Proposal Would Address How Investment Advisers and Funds Can Custody Crypto Assets Under the Federal Securities Laws
The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered…
Chainalysis beats most Celsius claims, but ‘audit’ lawsuit survives
Chainalysis still faces an aidingandabetting claim over Celsius’ disputed $3.3 billion audit after a judge dismissed 15 other claims. Source：Cointelegraph
Could THORChain face prosecution over stolen Bitget funds?
THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated,…
US SEC follows CFTC in staff guidance for crypto
With the failed cloture vote on the CLARITY Act, the SEC announced updates on how federal securities laws could apply to token issuers, following similar…
Newsom signs California ban on public officials issuing memecoins
The law also restricts crypto companies from offering certain memecoins tied to public officials to California residents and takes effect for tokens issued…
Kalshi loses appeal, setting up potential Supreme Court case
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sportsevent contracts under state…
SlowMist has yet to confirm crypto theft from iPhone Safari attack
The analyzed Safari sample targets iOS 18.4–18.6.2 using previously patched flaws, while its effectiveness on iOS 26.5 remains unverified. Source：Cointelegraph
KelpDAO sues LayerZero, CEO over $292M rsETH bridge exploit
KelpDAO says LayerZero endorsed its bridge setup before the attack, while CEO Bryan Pellegrino has dismissed the lawsuit as meritless. Source：Cointelegraph
The government canceled her student loans due to a scam — but $72,000 is still on her credit report
The government continues to report to credit bureaus $4.6 billion in student debt owed by some 300,000 borrowers that should have been canceled, a lawsuit…