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A group of 17 Democratic US senators is pressing leadership in a key committee to address the Commodity Futures Trading Commission (CFTC) using federal funds in lawsuits against state-level authorities cracking down on prediction markets.In…
Cryptocurrency platform Paybis has received two licences from Latvia’s central bank, including one for crypto-asset services under the European Union’s Markets in Crypto-Assets Regulation (MiCA) and another for payment institution operations under Payment Services Directive 2 (PSD2).The licences were issued…
The National Information Technology Development Agency (NITDA) has signed a strategic partnership agreement with the International Data Centre Authority (IDCA) to accelerate Nigeria’s transition into a fully integrated digital economy through a large-scale national digital infrastructure programme. NITDA announced the…
Reform UK leader Nigel Farage is reportedly facing a parliamentary standards inquiry over whether he failed to declare a 5 million pound ($6.7 million) gift from crypto billionaire Christopher Harborne.The UK Parliamentary Standards Commissioner has opened an inquiry into whether…
Tokyo-listed Metaplanet reported first-quarter operating income Wednesday of 2.27 billion Japanese yen (roughly $14.38 million) on net sales of about $19.5 million, implying an operating margin of 73.6% as surging Bitcoin option income more than tripled revenue from a year…
Coinbase-backed x402 has added batch settlement, a feature designed to reduce the cost of high-frequency AI agent payments by allowing many small transactions to settle later in bulk.Base creator Jesse Pollak said Wednesday that x402 now supports batched settlement, enabling…
Bitcoin may have a roughly 77% chance of reaching new all-time highs within a year if historical BTC price patterns repeat.Key points:Bitcoin reduces its drawdown from all-time highs from 50% to 35% with its rebound to $80,000.History shows that new…
Crypto asset manager 21Shares’ first Hyperliquid exchange-traded fund in the US drew $1.2 million in net inflows and saw $1.8 million in trading volume on its Nasdaq debut.“Very very solid day and better than your average ETF launch for sure…
EToro reported first-quarter net income of $82 million, up 37% from a year earlier, as a surge in commodities trading offset weaker crypto activity.Net income rose 37% year-over-year to $82 million, compared to $60 million in Q1 2025, the company…
Shares in Solana treasury company Upexi fell 8.16% on Tuesday after reporting a widened net loss of $109 million in its fiscal third quarter, driven by a fall in the value of its crypto holdings. The company reported $92.3 million in…
Decentralized finance mobile “superapp” Legend has announced it is winding down after about two years of operation, adding to a string of crypto apps deciding to shut down this year. Legend was a DeFi aggregator that aimed to bring DeFi to…
The Ethereum community has introduced Clear Signing, a security feature that ensures users can clearly understand transaction details before signing, replacing unreadable hex data and reducing risks from blind signing attacks.“Approving a transaction is meant to be the last line…
The US Commodity Futures Trading Commission has backed Kalshi in the company’s legal fight against the state of Ohio, asking an appeals court to affirm that the regulator has jurisdiction over prediction markets.The CFTC filed an amicus brief in the…
The ongoing war in Iran and the race to dominate the AI sector will result in money printing that could benefit the crypto ecosystem and push Bitcoin back to its all-time high this year, according to Arthur Hayes, the chief…
JPMorgan has filed to launch a tokenized money market fund on Ethereum, allowing stablecoin issuers to hold reserves backing their stablecoins in a regulated, cash-like vehicle while earning interest.The “OnChain Liquidity-Token Money Market Fund,” ticker JLTXX, will invest in US…
A Bitcoin (BTC) whale is now down about $13 million as BTC price has rebounded by around 40% from its February lows. However, the trader continues to stand by the short position.Key takeaways:A trader known as “pension-usdt.eth” is short 1,000…
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