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CFTC Sues Minnesota, Governor Walz over Prediction Markets Ban
The US Commodity Futures Trading Commission (CFTC), under Chair Michael Selig, has filed a lawsuit against the state of Minnesota and its officials after lawmakers passed a bill “prohibiting prediction markets-related activities.”In a…
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Verus Ethereum Bridge Reportedly Exploited for $11.58 Million
Verus Protocol’s Ethereum bridge was reportedly exploited on Monday through a fake cross-chain transfer message that allowed a hacker to fraudulently transfer out at least $11.58 million in cryptocurrency.Onchain security platform Blockaid…
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Senate Crypto Bill Might Pass as Late as August: NYDIG
The US Senate’s crypto market structure bill could take until August to pass and risks not advancing at all if lawmakers cannot pass it before the midterms, said Greg Cipolaro, head of research at financial services firm NYDIG.Patrick Witt,…
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US CLARITY Act Will Be a ‘Boon For Domestic Innovation’: A16z
The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto.“If the US provides builders…
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House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act
The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully staff the leadership at a key financial regulator, citing the potential impact of…
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Nigel Farage Reportedly Bought Property Shortly After Sizable Crypto Gift
United Kingdom politician Nigel Farage, the leader of the Reform Party, purchased a property valued at 1.4 British pounds ($1.8 million) after receiving a $6.7 million “personal gift” from crypto billionaire Christopher Harborne. The real…
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Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit
Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied to bad debt from the April rsETH exploit.The proposal, MIP-34, passed in a…
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CFTC Backs Kalshi in Ohio Appeals Court Fight
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…
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Whitehat Returns $190K to Renegade After Hacking Them
The team behind the Renegade.fi protocol said a whitehat hacker returned about $190,000 after exploiting one of its Arbitrum-based decentralized dark pools and later complying with instructions in an onchain message to return 90% of the…
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CLARITY Can Bring Crypto Industry Back to US: Attorney
Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global regulatory matters at Consensys,…
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