Kentucky sues Kalshi, Polymarket, joining prediction market legal battle
Kentucky has sued Polymarket, Kalshi and Kalshi’s partners Coinbase, Robinhood and Webull, over offering sports…
Month: June 2026
Tether winds down gold-backed derivative stablecoin aUSDT
Tether is focusing on stronger user demand, deeper liquidity, and broader long-term market opportunity for…
Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms
The Financial Intelligence Unit (FIU) of the Zimbabwean central bank has mandated that all virtual…
HyperFund Promoter ‘Bitcoin Rodney’ Pleads Guilty in $1.8 Billion Crypto Scam
HyperFund drew $1.8 billion from investors worldwide through a crypto platform prosecutors described as a…
Crypto Investors Could Lose Key Tax Advantage Under New House Proposal
Proposed crypto tax changes could limit loss-harvesting strategies by extending wash sale and constructive sale…
Ripple’s Schwartz Highlights XRP Use Cases Ahead of Largest-Ever Swell Event
Ripple CTO Emeritus David Schwartz highlighted XRP use cases spanning payments, tokenization, decentralized finance, interoperability,…
Crypto market treads thin ice following Warsh FOMC, Trump Iran comments
Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed…
Hyperliquid open interest surges 32% in week: Is $80 HYPE next?
Despite mixed HYPE derivatives market signals, Hyperliquid’s explosive TradFi perpetual growth makes a push toward…
Senators urge Treasury to ensure state authority in GENIUS application
A bipartisan group of US senators told the Treasury that its application of stablecoin laws…
Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act
Gambling industry groups want the US Senate to step in to clarify that the Commodity…
Crypto-backed GOP candidate wins Alabama Senate runoff with June primaries looming
Several more US states are scheduled to hold primaries next week after one Republican candidate…
Bitcoin capitulation ‘twice as weak’ after spot liquidity turns supportive: Glassnode
Bitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure….
CoinMENA, Standard Chartered partner on UAE payment rails
CoinMENA will use Standard Chartered to strengthen fiat payment rails in the UAE, while Revolut…
Trace Finance Takes $32M Series A to Scale the Bank Layer Stablecoins Are Missing
Trace Finance, a regulated cross-border payments company, closed a $32 million Series A to extend…
Trader Garrett Jin Dumps $13.5M in HYPE, Holds $83M BTC and $25M ZEC Longs
A wallet tied to former Bitforex chief Garrett Jin has sold its entire 184,102 HYPE…