Quick Breakdown Kalshi has filed a federal lawsuit against New York regulators over claims its sports contracts are unlicensed gambling. The firm argues that the CFTC holds exclusive authority under the Commodity Exchange Act, making state enforcement unconstitutional....
Quick Breakdown Metaplanet approved a ¥75.4B ($500M) share buyback covering up to 13.1% of its stock. The program aims to raise BTC Yield and defend valuation amid a dip in market value. Funded through a Bitcoin-backed credit facility,...
Quick Breakdown dYdX governance will vote on a $462K compensation plan for traders affected by its October chain halt. The outage was caused by code misordering and oracle delays, leading to liquidation losses. Binance unveiled a $728M trader...
Quick Breakdown Tillis warns Congress must pass crypto laws by early 2025 before election politics slow progress. Government shutdown and House delays have stalled bills like the CLARITY Act. CFTC leadership change looms as Michael Selig awaits Senate...
Quick Breakdown ClearBank partners with Circle to advance stablecoin adoption and blockchain-based payments in Europe. The UK bank will join Circle Payments Network, enabling faster and cheaper cross-border transactions. The partnership builds on Circle’s growing European footprint, following...
Quick Breakdown Strategy acquired 390 BTC worth $43 million, expanding its total holdings to 640,808 BTC valued at $47.44 billion. The purchase was financed through the sale of STRF, STRK, and STRD shares, not MSTR stock. Bitcoin trades...
Quick Breakdown Bitplanet purchased 93 BTC as part of a long-term plan to amass 10,000 BTC. The company’s Bitcoin acquisition is the first fully regulated purchase by a public firm in South Korea. The move follows a strategic...
Quick Breakdown Repayment deadline extended from October 31, 2025, to October 31, 2026, marking the third delay. 19,500 creditors have received repayments, but many remain pending due to procedural issues. Mt. Gox still holds 34,680 BTC (≈$4B), keeping...
Quick Breakdown JPYC becomes Japan’s first fully yen-backed stablecoin, supported by bank deposits and government bonds. JPYC EX platform enables secure, regulated issuance and redemption under Japan’s AML laws. The move positions Japan for increased stablecoin competition and...
Quick Breakdown Mark Karpelès used Claude AI to analyze Mt. Gox’s 2011 code, uncovering major security flaws. The AI blamed weak passwords, retained admin access, and a lack of segmentation for the hack. Mt. Gox still holds over...
