The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time. Two Thai businessmen sued stablecoin issuer Tether in a New York district court, claiming it illegally froze $42.4 million in Tether USDt (USDT) in October, as part...Continue Reading

Thailand adopted a crypto Travel Rule requiring digital asset operators to verify control of self-custodial wallets and retain transaction data for five years. Thailand is tightening oversight of crypto transfers, including transactions involving self-custodial wallets, as it moves to align with global Anti-Money Laundering (AML) standards. Thailand’s Securities and Exchange Commission (SEC) issued new Travel...Continue Reading

Grayscale, a16z, and the CCI asked the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category, while proposing different routes to clearer and faster reviews. Crypto industry participants urged the US Securities and Exchange Commission (SEC) to avoid a blanket restriction on “novel” exchange-traded funds (ETFs) and instead...Continue Reading

US spot Bitcoin ETFs reduced their year-to-date net outflows by 66% as Bitcoin gained about 25% in August, while Ether ETFs turned positive year-to-date at $732 million and XRP ETFs reached $502 million. US-listed spot Bitcoin exchange-traded funds (ETFs) capped their best month of 2026 alongside Bitcoin’s biggest monthly gain since November 2024. Bitcoin ETFs...Continue Reading

The Nasdaq-listed company previously raised $647 million through the facility and accumulated about 29.3 million HYPE tokens. HYPE treasury company Hyperliquid Strategies increased its equity facility with Chardan Capital Markets from $1 billion to $2.5 billion, giving the company additional capacity to raise capital through share sales. In a Tuesday filing with the US Securities...Continue Reading

Core says the incident is contained and its planned forward upgrade will not roll back the network or reverse previously confirmed transactions. Core DAO is coordinating an emergency hard fork after validators claimed more CORE rewards than the blockchain intended to issue.  In an update, Core said the incident had been contained and that “malicious...Continue Reading

The $189,000 in media spending to support Representative Jake Auchincloss marked Fairshake’s latest attempt to influence the 2026 elections with funds from the crypto industry. An affiliate of the political action committee (PAC) Fairshake, which was responsible for pouring more than $130 million in ads and media in the 2024 election cycle, is supporting at...Continue Reading