Morning Minute: The CFTC Bails Out Kalshi in NY
The CFTC Steps In The Commodity Futures Trading Commission has once again moved to defend Kalshi, the prediction market platform, this time in a legal skirmish playing out in New…
Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers
Bitwise Asset Management has laid off roughly 14% of its workforce, becoming the latest crypto firm to trim staff as a prolonged market downturn ripples through even the sector's…
FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off
FlightAware has voluntarily dropped its lawsuit against prediction market platform Kalshi, ending a legal dispute over flightrelated event contracts that trading data suggests…
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Russia is preparing to sharply narrow the range of digital assets available to everyday investors, with new rules that would limit retail crypto trading to just bitcoin, ether and…
Harmony's ONE Sinks 37% After Attacker Mints 4 Billion Tokens
Harmony's ONE token plummeted roughly 37% after an attacker exploited the network to mint approximately 4 billion new tokens, flooding the market and triggering a sharp selloff…
Bitcoin miners earn under 0.7% of revenue from fees in new 10-year low
Bitcoin miners are earning a historically small share of their revenue from transaction fees, with the metric recently sinking to roughly 0.52% — the lowest reading in a decade —…
CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto
CoreWeave shares jumped 16% after the company reported quarterly revenue of $2.58 billion, underscoring how surging demand for artificial intelligence infrastructure is drawing…
Fidelity moves to add staking, quarterly payouts to near $900 million ether ETF
Fidelity Investments has filed to add staking capabilities and quarterly cash distributions to its ether exchangetraded fund, a move that could reshape how the roughly $900…
CFTC Invokes Emergency Powers to Keep Kalshi Trading Despite New York Suit
The Commodity Futures Trading Commission has invoked its emergency authority to ensure prediction market platform Kalshi can keep operating, moving to counter a legal challenge…
Crypto companies urge AI firms to give Bitcoin developers early access
A coalition of cryptocurrency firms and advocacy groups is calling on artificial intelligence companies to grant Bitcoin and opensource developers early access to their most…
One overlooked group has added $1.78 billion of selling pressure to bitcoin market
Bitcoin mining companies that trade on public markets have quietly emerged as a significant source of selling pressure, offloading roughly $1.78 billion worth of the…
Inside the fake crypto startup that fooled North Korean IT workers
Cybersecurity researchers built an elaborate fake cryptocurrency startup designed to attract North Korean IT operatives, gathering detailed intelligence on how these workers…
Live updates: AI stocks surge on Q2 beats, bitcoin falls below $64,000 as inflation hits estimates
Bitcoin slipped below $64,000 on Wednesday as fresh inflation data landed in line with market expectations, while a wave of secondquarter earnings beats from major artificial…
Live updates: Bitcoin holds $64,000 as July inflation meets forecasts
Bitcoin steadied around $64,000 on Tuesday after July inflation figures landed in line with market expectations, easing fears of a fresh selloff, while a large onchain transfer by…
Live updates: Bitcoin at $63,600 as Japan's Metaplanet moves 3,881 BTC between wallets
Bitcoin traded around $63,600 as Japanese treasury firm Metaplanet shifted 3,881 BTC between wallets it controls, a move that blockchain analysts say does not signal a sale…
Harmony considers rollback after suspected exploit inflates ONE supply
The Harmony blockchain project is weighing a network rollback and coordinating with cryptocurrency exchanges to freeze funds following a suspected exploit that allegedly flooded…
Crypto.com rolls out tokenized stock derivatives as crypto exchanges push into equities
Crypto.com has launched tokenized stock derivatives, becoming the latest digital asset exchange to expand into the equities market as trading platforms increasingly blur the line…
Here's what bitcoin and ether traders are doing ahead of the binary U.S. CPI print
Bitcoin and ether are trading in tight ranges as markets brace for the latest U.S. consumer price index reading, a data point that could swing sentiment sharply in either…
Harmony’s ONE dives 40% after an attack appears to mint tokens equal to quarter of supply
Harmony's native token ONE plunged roughly 40% following an apparent exploit that saw an attacker mint billions of new tokens, an amount equivalent to about a quarter of the…
Harmony’s ONE dives 26% after attack appears to create tokens equal to quarter of supply
Harmony's ONE token plunged 26% after an apparent exploit flooded the market with roughly 4 billion newly minted tokens — a figure equal to about a quarter of the network's…



