Monday, October 12

Business

Bitcoin ETFs Post Record .5B Outflows in June

US-listed spot Bitcoin exchange-traded funds (ETFs) posted a record $4.5 billion in net outflows in June, more than three times the $1.25 billion Strategy is authorized to raise through its new Bitcoin monetization program.The record monthly withdrawals pushed US spot…

Former Goliath CEO Pleads Guilty to Crypto Fraud, Money Laundering

Former Goliath Ventures CEO Christopher Alexander Delgado pleaded guilty to his role in a crypto investment scheme that prosecutors said raised at least $400 million from investors.On Tuesday, the US Department of Justice (DOJ) said Goliath promised investors monthly returns…

Anthropic Restores Claude Fable 5 and Mythos 5 Access

Artificial intelligence company Anthropic is set to restore public access to its most powerful AI models, Claude Fable 5 and Mythos 5, weeks after they were pulled offline under a directive from the US government. Anthropic’s two latest models have been…

Taiwan Lawmakers Pass First Crypto, Stablecoin Laws

Taiwanese lawmakers on Tuesday passed a law to establish a regulatory framework for crypto, which includes licensing and rules for stablecoins.The country’s financial watchdog, the Financial Supervisory Commission (FSC), said that the Legislative Yuan passed the law requiring all virtual…

Director Gets 30 Months For Using Netflix Funds on Crypto

Hollywood director Carl Rinsch has been sentenced to two and a half years in prison for defrauding Netflix out of $11 million, which he spent on crypto, stocks and luxury goods.A Manhattan federal court on Monday sentenced Rinsch, known for…

Trump’s Crypto Income Beats Real Estate in 2025

US President Donald Trump’s cryptocurrency ventures generated more income for him in 2025 than his real estate and resort businesses, according to his latest financial disclosures. Donald Trump’s annual financial disclosure report was released by the US Office of Government Ethics…

1,700 UK Investors Sue Binance Over Derivatives Offerings

Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million), alleging the crypto exchange offered and sold crypto derivatives without regulatory approval.The law firm representing the investors, KP Law, said…

Bitmine ETH Buys Overshadowed By 5M ETF Outflow

Key takeaways:The Spot Ether ETF outflows overwhelmed BitMine’s ETH accumulation, raising the chance of a drop below the $1,500 support.Falling DApps revenue and weak staking yields highlight limited ecosystem incentives despite tokenization potential.Ether (ETH) has failed to sustain prices above…

SEC Requests Feedback on Regulating Novel ETF Structures

The US Securities and Exchange Commission (SEC) has requested public comment on exchange-traded funds (ETFs) investing in novel asset classes or using new investment strategies, as the agency reviews how such products should be regulated.The consultation seeks feedback on whether…

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