According to the league, Kalshi and other prediction markets “threaten game integrity” because many event contracts are “highly susceptible to manipulation.” The National Football League (NFL) largely sided with New Jersey officials in their petition for the Supreme Court to consider a case on sports bets through prediction markets platforms  In an amicus brief filed...Continue Reading

Sam Bankman-Fried remains in federal prison following his 2023 conviction, while Caroline Ellison was released in January. Video streaming platform Netflix released a trailer for its eight-episode series about the lead-up to the collapse of cryptocurrency exchange FTX, centered on former CEO Sam “SBF” Bankman-Fried and his colleague and girlfriend, Caroline Ellison, who headed the...Continue Reading

The global financial institution found tokenized equity markets less liquid and more volatile than traditional markets, despite growing demand for 24/7 trading. Tokenization could reshape financial markets by making trading and settlement more efficient, but legal uncertainty and risks to financial stability could hinder wider adoption, according to the International Monetary Fund (IMF). In a Thursday analysis,...Continue Reading

Bitcoin dipped below $81,000 and oil prices gained after reports that military confrontation between the US and Iran could return. Bitcoin (BTC) risked losing key support at $82,500 after Thursday’s Wall Street open as oil prices gained over concerns of US-Iran military action. Read moreContinue Reading

Blockchain analysts identified the US government wallet tied to the recovery of funds from the Bitfinex hack. The US government completed another major transaction involving seized cryptocurrency hours after moving a significant amount of Bitcoin to a Coinbase Prime wallet. Blockchain data from Wednesday showed that a wallet associated with crypto seized by the US...Continue Reading

Crypto lending has risen by 55% since July, but now has to deal with the dangers of AI assisted hacks, and risks cascading through interlinked protocols. Here’s how to stay safe. As the charts flip from red to green, crypto lending has seen a resurgence of interest after a particularly dismal second quarter. Figures from...Continue Reading

Tokenization offers structural advantages to financial institutions and helps asset managers reach new markets, according to Fidelity’s head of digital asset strategists. Financial institutions are increasingly moving toward an onchain future with tokenization initiatives which provide access to new markets and offer structural advantages compared to traditional investment products, according to Matthew Horne, head of...Continue Reading

MEPs also called for stronger asset recovery, while the Commission plans to adopt its first anti-corruption strategy by the end of this year. Lawmakers are urging the European Commission to address corruption risks linked to crypto assets, opaque ownership structures and digital tools in its upcoming anti-corruption strategy. Members of the European Parliament (MEPs) on...Continue Reading

Hashi has more than $500M in commitments ahead of mainnet launch, while Anchorage offers institutions settlement and self-custody. Mysten Labs’ Hashi Bitcoin finance network will begin a phased rollout in October with more than $500 million in capital commitments from its launch partners. Hashi uses Bitcoin (BTC) as collateral in Sui applications by minting hBTC...Continue Reading

The US government moved 9,261 Bitcoin to Coinbase Prime, including 2,456 BTC in newly discovered funds pointing to federal law enforcement seizures. The US government moved 9,261 Bitcoin worth $770 million to Coinbase Prime, stemming from asset seizures tied to previous cryptocurrency exploits. Of the 9,261 Bitcoin (BTC) transferred over the past two days, half...Continue Reading