New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'
The suit wants to bar the company from operating what it says is an unlicensed gambling business and seeks financial redress. Source:CoinDesk
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
Bitcoin’s calm is back and so is the setup for a volatility explosion
Bitcoin’s daily price swings have tightened to their narrowest since January, making clean trades harder to find. Here's what could happen next. Source:CoinDesk
Live updates: Bitcoin steady as Japan holds rates at 1%, keeping the yen carry trade alive
The Bank of Japan left its benchmark at 1% and Governor Ueda's hawkish signals landed softly, since markets had already priced an October hike. Bitcoin held…
Bitcoin flat near $64,000 as Kospi's record 17% surge leaves crypto untouched
Samsung and SK Hynix both jumped more than 23%. Bitcoin moved a fraction of a percent in the past 24 hours, and most majors are still lower on the week.…
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
Strategy books $8.2 billion Q2 loss on bitcoin price decline
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its…
Coinbase sinks 5% after missing second quarter revenue estimates
The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior. Source:CoinDesk
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Twentyeight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchainbased settlement. Source:CoinDesk
Ondo Finance weighs acquisition worth up to $500 million
The tokenizedassets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.…
Crypto for Advisors: Is the Clarity Act dead?
Source:CoinDesk
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.…