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Kentucky Sues Prediction Markets Over Sports Event Contracts

Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets over sports event contracts.State Attorney General Russell Coleman said in a…
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Hyperliquid’s $10B Open Interest Shows Cross-Asset Growth in Equities, Commodities: Talos

Hyperliquid's perpetual futures open interest recently exceeded $10 billion as the platform expanded into equity-linked products, commodities and synthetic pre-IPO trading.Hyperliquid is now the third-largest perpetual futures exchange,…
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Ghana and the UK Use Blockchain to Recover $15.1M From Cross-Border Scam

Key TakeawaysGhana’s EOCO and the UK’s NCA teamed up to seize $15.1 million in crypto from a major transnational fraud ring.The 2026 case proves Chainalysis data can help agencies track tokens across nearly 20 diverse…
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Congress Reaches Deal on Housing Bill With CBDC Ban

The US House and Senate have reached a deal to move forward with a housing bill that includes a ban on the Federal Reserve creating a central bank digital currency (CBDC) until 2030.A bipartisan group of House and Senate leaders released an…
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Can locked liquidity still put DeFi users at risk?

What the DxSale exploit shows about smart contract risk when liquidity is lockedFor years, “locked liquidity” has been one of the most reassuring signals in decentralized finance (DeFi). Token projects often promote locked liquidity as…
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Pudgy Penguins Winds Down Pudgy Party After 1M Downloads

Non-fungible token (NFT) project Pudgy Penguins is winding down its mobile game Pudgy Party and halting further development.In an X post, the team said on Saturday that it would shift its gaming resources toward Pudgy World, a browser-based…
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US Government Watchdog Urges FDIC Address Crypto Oversight

The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology.GAO made a June 8 letter to FDIC Chairman…
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DeFi Could Reach $2.7T as Tokenization Expands: StanChart

Standard Chartered expects assets locked in decentralized finance (DeFi) to grow 37-fold to $2.7 trillion by the end of 2030.The expansion would be driven by both tokenized real-world assets (RWAs) and crypto-native assets moving through…
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Charles Hoskinson Reveals What Happened to 1,096 BTC From Cardano’s Early Days

Critics are now calling for invoices and approval records to be published alongside Hoskinson's explanation. Charles Hoskinson said that a disputed stash of 1,096 BTC…
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Morpho’s $175M DeFi Round Tests Onchain Credit’s Future

Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs' latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam…
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