Alabama becomes second US state to grant DAOs legal status under DUNA
The legislation “embraces innovation, protects participants, and empowers internet-native communities to compete with big tech incumbents,” said a16z’s Miles Jennings.
Former FTX head of engineering fined $3.7M to resolve CFTC lawsuit
Singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities.
Crypto VC Paradigm is developing a prediction market terminal: Fortune
As part of the offering, Paradigm is also exploring an internal market-making desk for prediction market trading and a prediction market index.
Genius Group liquidates Bitcoin treasury to pay $8.5M of debt
The AI and crypto company has added to a pattern of Bitcoin treasuries offloading this year, with Michael Saylor’s Strategy bucking that trend.
Bitcoin dips, oil rises as Trump addresses nation on war in Iran
US President Donald Trump said the military is “very close” to finishing its war in Iran in a speech that saw oil and Bitcoin prices move.
Taiwan should reconsider a Bitcoin reserve in case of war, says think tank
Taiwanese lawmaker Ko Ju-Chun said last year that the country’s Ministry of Justice holds 210 Bitcoins, worth $14 million, confiscated during criminal investigations.
Huione crypto scam chairman extradited to China to face charges
Huione Group allegedly served crypto scam centers in Cambodia that carried out “pig butchering” scams and other schemes to steal crypto from victims.
Elon Musk’s SpaceX quietly files for IPO, seeking mammoth debut
An IPO and valuation above $1.75 trillion would make SpaceX a top-10 public company by market capitalization, above the likes of Meta and Tesla.
Crypto exchange Bithumb to delay IPO until after 2028: Report
According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025.
EDX seeks OCC trust bank charter for institutional crypto custody
The crypto exchange seeks a charter from the Office of the Comptroller of the Currency to separate custody from trading and expand services under a regulated banking framework.