DOJ and CFTC seek halt to Arizona action against Kalshi
The US Justice Department and commodities regulator asked a federal court to block Arizona’s action against Kalshi, arguing federally regulated event contracts fall under CFTC jurisdiction.
Trader loses $3M as leveraged Fartcoin position unwinds on Hyperliquid
Hyperliquid data showed a 145 million Fartcoin position unwound across wallets, with the platform redistributing about $849,000 in gains to opposing traders.
Crypto exchanges chase TradFi commodities market as pricing gaps persist
Crypto exchanges are racing to capture the market share of TradFi trading venues, but tokenized commodities adoption remains limited by pricing and liquidity concerns.
Bitcoin Depot discloses $3.7M BTC theft in cybersecurity breach
Bitcoin Depot said a hacker stole 50.9 BTC, worth about $3.7 million, after gaining access to internal systems linked to corporate wallets.
Bitcoin analysts say this must happen for BTC price to ‘continue rising’
Bitcoin needs to regain momentum with higher trading volumes for BTC to reclaim $80,000 as support and sustain the recovery.
Gold, silver and oil drive 65,000% jump in commodity perpetuals
BitMEX said commodity perpetual swaps volume jumped from $38.1 million to $25 billion in Q1 as traders flocked to 24/7 gold, silver and oil exposure.
Bessent ramps up pressure on Congress to pass CLARITY Act
US Treasury Secretary Scott Bessent says the CLARITY Act is vital to set clear rules for crypto, tokenized assets and decentralized exchanges, and that US leadership is at stake.
South Korea court cancels Upbit suspension, citing regulatory gaps: Report
The decision closes a legal battle spanning more than a year, after Dunamu moved to overturn the sanction and halt its enforcement.
Bhutan moves a further $23M in Bitcoin as holdings drop by 70%
Bhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%.
Dubai clarifies token issuance rules for RWAs and stablecoins
Dubai’s regulator issued new guidance placing token launches into three buckets, tightening disclosure and governance standards for stablecoins, RWAs and other digital assets.