New York Sues Coinbase and Gemini Over ‘Prediction Markets’
In recent developments, law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce.…
Crypto protocols pledge 43K ETH to restore rsETH backing
In recent developments, mantle, EtherFi Foundation, Golem Foundation, Lido DAO, Ethena, LayerZero, Ink Foundation and Tyrdo have all made pledges to the “DeFi United” recovery effort. Looking closer, market participants…
Jane Street asks US court to toss Terraform’s insider trading suit
In recent developments, jane Street has filed to dismiss Terraform’s insider trading suit, arguing the reasons for Terra’s collapse have already been litigated. Looking closer, market participants highlight key drivers…
US vows to fight ‘industrial scale’ AI theft by Chinese firms
In recent developments, the White House’s office of technology policy said that foreign entities are using proxy accounts and jailbreaking techniques to distill capabilities from American AI models. Looking closer,…
Morgan Stanley launches stablecoin offering through money market fund
In recent developments, stablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering. Looking closer, market participants highlight…
Anthropic Beats OpenAI on Secondary Markets With $1 Trillion Implied Valuation
In recent developments, on Forge Global, Anthropic shares are hovering around $1 trillion while OpenAI trades at $880 billion — a reversal nobody saw coming three months ago. Looking closer,…
US Soldier Charged for Alleged $400K Polymarket Insider Trading on Maduro Rem…
In recent developments, federal prosecutors say an Army soldier made over $400K betting on Venezuela-related outcomes on Polymarket using classified intelligence. Looking closer, market participants highlight key drivers such as…
BIS Report: Crypto Earn Products Resemble Deposits With No FDIC Protection
In recent developments, the Bank for International Settlements (BIS) published a Financial Stability Institute report in April 2026, warning that the largest crypto platforms now operate as financial intermediaries without…
Largest Bank in Brazil Moves to Invest in Bitcoin Mining
In recent developments, itau Unibanco, through its VC arm Itau Ventures, has made an undisclosed investment in Minter, a company that installs mobile data centers and bitcoin mining operations across…
US soldier charged over $400K Polymarket bet on Maduro’s capture
In recent developments, uS prosecutors alleged that Gannon Ken Van Dyke asked Polymarket to delete his account after profiting from trades tied to the military operation in Venezuela. Looking closer,…
