Kalshi faces 14-day shutdown in Nevada over gambling laws
Kalshi, a prediction market company, has faced a temporary setback in Nevada. A state judge issued a temporary restraining order, blocking the company from operating for 14 days. The decision follows concerns that Kalshi’s event contracts might violate Nevada’s gambling…
Amazon develops Transformer phone, its first since 2014 Fire Phone
Amazon is working on a new phone, internally called “Transformer,” to accelerate user engagement with its AI assistant Amazon Alexa, Reuters reported Friday. The device is conceived not as a conventional competitor to Apple or Samsung handsets but as a…
CLARITY Act May Move as Stablecoin Yield Deal Emerges
A tentative agreement on stablecoin yield may help restart progress on the CLARITY Act in Washington. Reports said White House officials and US lawmakers are working on terms that could address one of the main disputes that slowed the crypto…
Resolv’s USR stablecoin depegs after $80M exploit hits supply
Resolv’s USR stablecoin depegged following an apparent smart contract exploit on Sunday that allowed an attacker to mint 80 million USR tokens and dump them across decentralized exchanges, as noted by onchain analysts Ai Yi (@ai_9684xtpa) and PeckShield. .@ResolvLabs It…
Bitcoin Price Tanked to $68K as Trump Threatened to ‘Obliterate’ Iran’s Power Plants
The total value of liquidated leveraged positions skyrocketed to $240 million in just 1 hour. After a relatively stable Saturday, in which BTC remained above $70,000, the asset’s price moves took a turn for the worse during the night,…
XRP price analysis: Can XRP break out as whales decline?
XRP price fell back to $1.44 after failing at $1.60, as wallet growth rose but momentum stayed weak. Source link
Elon Musk unveils Terafab in bid to unlock massive AI compute in space
Elon Musk has revealed Terafab, a hyper-scale chip production factory aimed at unlocking massive AI compute and ultimately supporting space-based infrastructure and human expansion beyond Earth. Tesla, SpaceX, and xAI, now part of Musk’s aerospace company, are jointly developing the…
Will ETH Lose $2K Support After Rejection at $2.4K?
Ethereum’s rebound has cooled off following yet another failed attempt to push through the overhead resistance level. The market is still holding above its February base, which keeps the broader recovery idea alive, but the latest rejection shows that bulls…
BTC Price Holds $70K as Analysts Spot Cycle Reset Signs
Bitcoin (BTC) stayed near the $70,000 level after a volatile week shaped by geopolitical tensions and the latest Federal Reserve meeting. BTC price traded at $70,672.50 at the time of writing, down slightly over 24 hours and up 0.11% over…
Bitcoin whale awakens after 14 years, sitting on $148 million windfall
An early Bitcoin holder controlling 2,100 BTC worth $148 million has resurfaced after 14 years of inactivity and moved a small fraction of the stash, according to data tracked by Lookonchain. A whale wallet 1NB3ZX, holding 2,100 $BTC($148M), woke up…
