adminCalifornia Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries
In recent developments, a federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than…
Kalshi Hits $22 Billion Valuation After Massive $1 Billion Series F Funding R…
In recent developments, the leading prediction market closed its Series F funding round, led by Coatue, to reach institutions, which are Kalshi’s next target audience. The move comes as the…
Crypto PACs spend $7.2M to support candidates in 5 US states ahead of elections
In recent developments, two affiliates of the crypto-backed PAC Fairshake reported media buys for political candidates in Georgia, Alabama, Nebraska, Kentucky and Texas this week. Looking closer, market participants highlight…
CLARITY Act markup could happen as early as next week: Coinbase exec
In recent developments, the provisions in the crypto market structure bill are still under review by the banking and crypto lobbies as a new poll shows bipartisan voter support for…
US Treasury ‘privately demanded’ Binance comply with monitoring deal: Report
In recent developments, uS Treasury officials reportedly sent a letter to Binance pressing the crypto exchange on compliance with a 2023 deal, after reports circulated that the company had facilitated…
South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January
In recent developments, the Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top…
CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report
In recent developments, senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed…
Coinbase and AWS launch USDC payment rails for AI agents
In recent developments, the integration allows AI agents built on Amazon Bedrock AgentCore to make USDC micropayments and access services autonomously using Coinbase’s x402 protocol. Looking closer, market participants highlight…
Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may cu…
In recent developments, bitcoin hit resistance at $82,800, triggering a drop below $80,000, but a $1.105 billion weekly inflow into spot BTC ETFs could slow sellers. Looking closer, market participants…
Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares
In recent developments, institutional investors are gradually increasing crypto exposure as Bitcoin leads allocation preferences amid rising fund inflows and improving market sentiment. Looking closer, market participants highlight key drivers…