Kalshi Sports Markets Banned in Michigan as Temporary Blackout Takes Effect
In recent developments, a Michigan judge granted a restraining order preventing the prediction market from offering sports-related wagers for the next 14 days. Looking closer, market participants highlight key drivers…
Goliath Ventures CEO Pleads Guilty to $250M Crypto Ponzi Scheme
In recent developments, christopher Delgado’s “liquidity pool” fraud took in at least $400 million, with the proceeds spent on mansions, Lamborghinis, and Rolexes. Looking closer, market participants highlight key drivers…
23 Years Later, a Boeing 727 That Took off in Angola Is Still Missing
In recent developments, on May 25, 2003, a Boeing 727-223 registered as N844AA took off without authorization from Quatro de Fevereiro International Airport in Luanda, Angola, with its lights out…
Bitcoin Falls Below $58,000 as Quarter-End Selling and Strategy Jitters Deepe…
In recent developments, bitcoin slid under $58,000 on June 30, closing out its worst quarter in years as quarter-end selling, sustained ETF outflows, and fresh anxiety over Strategy Inc.’s pivot…
Former Goliath Ventures CEO pleads guilty in $400M crypto Ponzi case
In recent developments, former Goliath Ventures CEO Christopher Delgado pleaded guilty to fraud and money laundering and agreed to forfeit properties, vehicles, luxury goods and crypto wallets. Looking closer, market…
New York Life Investment Management Debuts First Tokenized Bond Fund
In recent developments, the tokenized NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio is launching in collaboration with Centrifuge. Looking closer, market participants highlight key drivers such as liquidity…
Bank of Thailand Backs 1:1 Baht Stablecoin While Tightening Cross-Border Paym…
In recent developments, the Bank of Thailand plans to open a public consultation on a proposed digital stablecoin that would require full 1:1 backing with Thai baht reserves. Baht-Pegged Stablecoin…
Binance Says $300 Million Annual Compliance Spend Helped Stop $10.53 Billion …
In recent developments, binance says it now spends about $300 million a year on compliance, with roughly one in four employees working in safety and oversight roles. The exchange said…
Anthropic to bring back Fable 5 as US lifts export controls
In recent developments, claude Fable 5 will be redeployed with a new set of classifiers designed to identify and block a broader range of cybersecurity-related tasks. Looking closer, market participants…
Taiwan’s legislature passes crypto, stablecoin regulations
In recent developments, taiwan’s legislative branch has passed the nation’s first crypto and stablecoin rules, which aim to integrate the country with the global crypto market. Looking closer, market participants…
