The proposed class action alleges BitMEX used privileged trading access and server freezes to profit from forced liquidations. BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral.  On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District...Continue Reading

On Wednesday, Senate Republicans released the proposed text for the CLARITY Act, which has been met with pushback from Democrats regarding ethics provisions. Democratic Senator Ruben Gallego says he will be working with Republicans to come up with a counterproposal to White House-approved ethics provisions in the CLARITY Act, saying the draft released this week...Continue Reading

BitMEX will have removed 65 derivative contracts and trading pairs in July, compared with just 19 across the first six months of the year. Crypto exchange BitMEX accelerated its delisting of derivative contracts and trading pairs in July due to “insufficient trading interest,” offering a glimpse at declining activity on the platform surrounding its decision...Continue Reading

Nasdaq, Cboe and the London Stock Exchange are among major exchanges moving toward longer trading hours. The US Securities and Exchange Commission is set to host a public roundtable in September to discuss moving toward 24-hour trading in US equity markets. “We are moving towards a new day – and night – in the US...Continue Reading

The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini. With a court set to consider a reversal of a $5 million settlement from the US Commodity Futures Trading Commission’s (CFTC’s) case with cryptocurrency exchange Gemini, the...Continue Reading

The exchange also introduced AI trading tools and a developer kit as part of a broader push to build financial infrastructure for autonomous AI agents. Coinbase is expanding its push into AI-powered finance, enabling businesses to accept USDC payments from autonomous AI agents as part of a broader expansion of its payment, trading and developer...Continue Reading

Bitcoin price forecasts diverge as US-Iran war tensions fueled an ongoing oil and bond-market surge, while July Fed rate-hike odds neared 40%. Bitcoin (BTC) fell below $65,000 on Thursday as US stocks slid amid another round of escalation in Iran. Key points: Data from TradingView showed BTC/USD hitting three-day lows of $64,799 on Bitstamp. Read...Continue Reading

The research released by the organization said that crypto companies will directly or indirectly lead to 232,000 jobs across the entire US economy in 2026. Research from the National Cryptocurrency Association (NCA), an organization backed by Ripple Labs, broke down the economic impact of the entire crypto industry on the United States, estimating that salaries,...Continue Reading

BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts point to rising regulatory costs, market concentration and the shift toward licensed trading venues. The closure of crypto derivatives exchange BitMEX is prompting fresh questions about whether the industry is entering a new phase of consolidation, as analysts point to market-share...Continue Reading

A hacker reportedly took over Robinhood CEO Vlad Tenev’s X account to promote a fake “VLAD” memecoin, posting what appeared to be a malicious token contract address. One or more hackers took over Robinhood CEO Vlad Tenev’s X account on Thursday after a post appeared promoting a fake memecoin based on the company called “VLAD”...Continue Reading