Utah set to block prediction markets as state-federal tensions rise
CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.
JPMorgan sued over alleged role in $328M crypto Ponzi scheme
Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder.
US prosecutors urge judge to deny Sam Bankman-Fried retrial bid: Report
Prosecutors say testimony from two former FTX executives cited by the defense does not qualify as newly discovered evidence, Bloomberg reported.
Bonk.fun warns hackers hijacked domain in wallet-drainer attack
Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt.
New Zealand regulator says NZDD stablecoin not a financial product
Law firm MinterEllisonRuddWatts, which acted on behalf of the stablecoin’s issuer, says the designation of the token is an important step for regulatory clarity.
Stablecoin yields will bring fresh money to US banks: White House’s Witt
Global demand for the US dollar is “massive,” and stablecoin yields will only bring more interest to the currency, argued the White House crypto chief.
Kalshi preemptively sues Iowa, claiming risk of enforcement action
Kalshi claims in a preemptive lawsuit that there is “a substantial risk” that Iowa will take action against it after a meeting it had with state regulators.
AI agent payment volumes lower than reported, but adoption is growing: a16z
Andreessen Horowitz partner Noah Levine says AI agents made $1.6 million in payments in the past month, which “is not a big number, but the infrastructure being built around it is.”
BoE open to scrapping stablecoin limit idea after backlash
Industry groups have criticized the UK’s proposed stablecoin holding limits, arguing they would signal that the UK is hostile to crypto and stifle innovation.
Crypto ATM losses surge 33% in 2025 as AI superpowers scams: CertiK
Crypto ATMs or kiosks are the “lowest-friction extraction channel available to scammers,” said cybersecurity firm CertiK.