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Arizona crypto ATM law helps 35 scam victims recover $171K
Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 days.
Hawaii crypto ATM ban to take effect on Oct. 1
Hawaii will join Minnesota, Tennessee and Indiana in becoming the fourth US state to completely ban the use of cryptocurrency ATMs and kiosks in response
Goldman Sachs to acquire ETF manager NEOS in $2.25B deal
The deal would add NEOS’ $30 billion ETF business, including Bitcoin- and Ether-linked income funds, to Goldman Sachs Asset Management.
NYC council announces probe into ‘predatory marketing practices’ on prediction markets
Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation into their marketing practices.
Kraken adds S&P 500 to funded trading program, commodities to follow
Kraken’s funded trading program adds round-the-clock exposure to the US equity benchmark as it builds out its multi-asset offering.
Bitwise cuts 14% of staff while still expecting growth
Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI
FlightAware drops Kalshi lawsuit one day after filing
Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight cancellation
Bank of England tests stablecoin, digital pound interoperability in cross-border payments
The Digital Pound Lab is testing a cross-border trade finance flow combining stablecoin payments with simulated digital pound settlement.
HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin
HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s regulated stablecoin market takes shape.
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.
Kalshi launches sports and crypto perps data feed on DoubleZero
Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster institutional data access.
Slovenia joins EU’s MiCA stablecoin register with first issuer
Slovenia entered the EU’s MiCA stablecoin register through electronic money institution Dinaro, as the update also added two new CASPs.
El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’
Five years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for
Wintermute to pour $1B into AI, high-frequency trading amid TradFi expansion: Report
Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance.
Fidelity files with SEC to add staking to Ethereum ETF
Fidelity plans to add staking to its Ether fund, with 85% of rewards retained by FETH and quarterly cash distributions planned for investors.