New York forces Uphold to pay $5M over fraudulent crypto investment scheme

In recent developments, new York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Looking closer,…

CFTC sues New York over bid to apply gambling laws to prediction markets

In recent developments, the CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. Looking closer,…

Google Takes Aim at Nvidia With New Tensor Chips to Power AI Boom

In recent developments, google’s new processors target massive model training and the emerging AI agent economy, offering distinct builds for both needs. Looking closer, market participants highlight key drivers such…

Tencent’s New Hy3 AI Model Is the Most Efficient Chinese LLM No One’s Talking…

In recent developments, tencent just open-sourced Hy3 preview, a new model that punches above its weight on coding agents, reasoning, and search—built in under three months. Looking closer, market participants…

Bitcoin stays ‘stalled’ at $78K as oil threatens new risk-asset squeeze

In recent developments, bitcoin and risk assets faced an uphill struggle after the S&P 500 hit new all-time highs as analysis warned that BTC price support was at risk. Looking…

China’s new online marketing rules tighten ban on crypto promotions

In recent developments, china’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and the UK.…

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.…

Blockchain Capital is raising $700M for 2 new funds: Report

In recent developments, the new funding rounds are expected to be completed in the next six months, but the firm has already begun deploying some of the new capital, according…

New York, Illinois sign EO banning state employees from prediction markets

In recent developments, new York Governor Kathy Hochul criticized the Trump administration for not implementing any “meaningful ethical standards” to curb insider trading in prediction markets. Looking closer, market participants…

Sam Bankman-Fried pulls motion for a new trial, still asks for new judge

In recent developments, the ex-FTX CEO said he consulted with his parents and lawyers regarding a recent filing he sent from prison, but claimed to be the ”ultimate author of…