Jane Street, a prominent quantitative trading firm, has formally requested the dismissal of a lawsuit filed against it by the bankruptcy estate of Terraform Labs. The suit accuses Jane Street of precipitating the collapse of the UST/LUNA algorithmic stablecoin through…
Wisconsin’s Legal Offensive Against Prediction Markets The Badger State is making waves with a significant legal challenge, as the Wisconsin Department of Justice has filed lawsuits against five prominent prediction market operators. The core of the complaint centers on “event…
The U.S. Department of Justice has concluded its criminal investigation into Federal Reserve Chair Jerome Powell. This decision removes a significant hurdle for the Senate’s confirmation process of Kevin Warsh, who is being considered for a leadership role at the…
Prefer us on Google Download App Download App U.S. spot bitcoin ETFs experienced net inflows totaling $996.4 million in the past week, representing the most substantial weekly intake since the middle of January. This development continues a three-week pattern of…
Blockstream CEO Proposes Optional Quantum Resistance for Bitcoin, Sparking Developer Debate Blockstream CEO Adam Back has put forth a proposal for optional, quantum-resistant upgrades to Bitcoin’s cryptographic infrastructure, diverging from a more assertive approach championed by some developers. Back’s strategy…
3F, a protocol designed to facilitate leveraged access to tokenized real-world assets (RWAs), has successfully secured $4 million in funding. This capital raise comprises a $750,000 pre-seed round and a $3.3 million seed round, according to Sonya Kim, co-founder of…
Quantum Leap in Cryptography, But Bitcoin Remains Secure A significant milestone in the quantum computing arms race has been achieved, not by a government or a major tech giant, but by an independent researcher, Giancarlo Lelli. Lelli has successfully cracked…
Numerous leaders within the cryptocurrency industry, including the DeFi Education Fund, are formally requesting the U.S. Securities and Exchange Commission (SEC) to transform its recent guidance on decentralized finance (DeFi) interfaces into established rulemaking. This move follows the SEC’s earlier…
Tether has officially launched Tether.Wallet, a new self-custodial digital asset management solution designed to streamline cryptocurrency transactions for its vast user base. The wallet aims to bridge the gap between existing stablecoin users and the broader digital asset ecosystem, supporting…
Bitmine, a prominent entity in the Ethereum ecosystem, has significantly increased its staked ether, now managing yield on over 70% of its total holdings. Recent transactions over the past 24 hours have seen approximately $320 million worth of ether allocated…