FTX legal adviser Fenwick settles customer lawsuit for $54m
Fenwick & West has agreed to pay $54 million to settle a class action lawsuit filed by former FTX customers who accused the law firm of helping facilitate fraud at the collapsed cryptocurrency exchange. Summary Fenwick & West has agreed…
US Sanctions Sinaloa Cartel Crypto Laundering, Venezuela Shuts Down Mining Farm
Key Takeaways OFAC sanctioned 6 people laundering Sinaloa Cartel crypto, next aiming to disrupt US illicit fentanyl flows. Venezuela dismantled 1 massive 4,000 ASIC crypto farm, saving 10,000 MW to stabilize its power grid. Entering the crypto market, Bradesco will…
Bitcoin ETFs Bleed $1.25B as Memory Chip ETF Becomes Wall Street’s New Obsession
Bitcoin and Ethereum ETFs saw heavy outflows last week, while the Memory ETF, DRAM, broke records and became one of the hottest trades on Wall Street. Last week saw heavy outflows in crypto-related exchange-traded funds, while a memory chip…
Kalshi backs prediction markets lobby group with former Trump official
Kalshi has backed a new advocacy group, Americans for Fair Markets, as the prediction market industry faces rising pressure from casinos, sportsbooks, state regulators, and Congress. Summary Kalshi-backed Americans for Fair Markets will lobby for federal prediction market rules and…
Crypto-Backed Super PACs in Focus as Lawmakers Push $5,000 Donation Cap
Key Takeaways House and Senate lawmakers proposed a $5,000 limit on super PAC donations. Crypto-linked super PACs gained influence during stablecoin and market structure policy debates. Supporters argue tighter contribution limits could reduce concentrated election spending power. Super PAC Cap…
What’s the Most Likely Scenario for BTC Next Week?
Bitcoin remains under bearish pressure after failing to sustain momentum above the critical $80K-$82K resistance region. However, recent price action suggests buyers are attempting to defend the important $75K support zone, increasing the probability of a short-term corrective rebound before…
Polymarket Access Blocked on a Local Telco in the Philippines
Decentralized prediction market Polymarket has become inaccessible to users in the Philippines utilizing the Globe Telecom network. Visitors attempting to access the platform via Globe are currently redirected to a standard “Access Restricted” landing page hosted by the Cybercrime Investigation…
Binance Australia adds new crypto transfer rule from July 1
Binance Australia will require users to provide extra information when sending or receiving crypto from July 1, 2026. Summary Binance Australia users must provide sender details for crypto deposits from July 1, 2026 onward. Outgoing withdrawals will require beneficiary information,…
Coinbase CEO Lists 8 Areas Where Global Finance Still Needs an Update
Key Takeaways Coinbase CEO Brian Armstrong highlighted 8 financial gaps spanning assets, markets, payments, AI, regulation, access, fundraising, and sound money. Stablecoins and tokenized assets remain central as blockchain-based finance expands into institutional markets. Policy changes and technical progress could…
Ripple Price Analysis: The Next Few Trading Days Will Be Essential for XRP
XRP’s recent price action reflects growing indecision, with volatility contracting on higher timeframes while shorter-term charts show repeated reactions from established support and resistance zones. Such compression periods often precede significant directional moves, making the upcoming sessions particularly important for…
