Quick Breakdown Florida appeals court reinstates a lawsuit accusing Binance of negligence in handling a 2022 theft involving roughly 1,000 BTC. Judges ruled Binance had enough ties to Florida to face claims despite being based offshore. The decision...
Quick Breakdown Taurus will integrate Everstake’s non-custodial staking services into its regulated custody platform. Institutions can stake assets such as SOL, NEAR, ADA, and XTZ while retaining complete control over their private keys. The move adds to growing...
Quick Breakdown Rep. Lynch challenged Michelle Bowman on her interpretation of digital assets and stablecoins. Bowman said the GENIUS Act mandates the Fed’s work on digital assets. The FDIC plans to release a proposed stablecoin oversight framework before...
Quick Breakdown Kraken is acquiring Backed Finance AG, the issuer of xStocks, to deepen its push into tokenized equities. The deal will integrate xStocks’ issuance, trading and settlement into Kraken’s global money app and broader ecosystem. Tokenized stocks...
Quick Breakdown CNN signs exclusive deal to integrate Kalshi’s real-time prediction odds into its broadcasts and digital coverage. Kalshi raises $1B Series E, doubling its valuation to $11B as it expands blockchain integrations and event-market tools. Regulatory wins...
Quick Breakdown Ten EU banks, led by BNP Paribas, will launch a MiCA-compliant euro stablecoin in late 2026 through their new entity, Qivalis. Regulators welcome innovation but warn of potential monetary policy risks as stablecoin use grows. Tether...
Quick Breakdown The Australian Bitcoin Industry Body (ABIB) lodges a formal complaint against ABC, accusing it of misrepresenting Bitcoin and breaching its editorial policies. ABIB challenges claims linking Bitcoin heavily to criminal activity, citing data showing illicit crypto...
Quick Breakdown Fed Governor Michelle Bowman plans to push for new regulations covering banks and stablecoin issuers to ensure fair competition. She aims to implement the Genius Act’s strict requirements for stablecoin reserves and oversight. Bowman will also...
Quick Breakdown Yearn Finance has recovered $2.4 million from the $9 million yETH exploit reported on November 30. The recovery came after tracing 857.49 pxETH tied to the attacker and coordinating with Plume and Dinero. Affected users will...
Quick Breakdown Kalshi begins offering tokenized versions of its event contracts on the Solana blockchain. The move targets crypto-native users and could intensify competition with Polymarket. A fresh $1B funding round boosts Kalshi’s valuation to about $11B. Kalshi...
