A New York federal court has returned prediction-market entry to state palms simply weeks earlier than the CFTC closes feedback on nationwide event-contract guidelines. In a July 7 opinion and order, Judge Analisa Torres of the Southern District of New York denied KalshiEX LLC’s request for a preliminary injunction to dam New York gaming officers from…
Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 constructed on Arbitrum for tokenized shares, real-world property, DeFi lending, and AI-native finance. One week in, the chain’s loudest retail exercise is pushed by CASHCAT, a memecoin constructed on Robinhood’s personal discarded “CashCat” identify. The token reached practically…
EMURGO stated it’s stepping down from its position in Pentad, the five-member group coordinating Cardano’s infrastructure funding, to focus sources on recovering funds misplaced in the SecondFi exploit. The assault exploited a flaw in SecondFi’s wallet address-generation system, draining roughly $2.4 million in ADA from 374 wallets. A wallet-layer product failed, and EMURGO, certainly one…
Cryptocurrency alternate Bitget launched two updates to its CFD buying and selling platform, including an built-in copy buying and selling characteristic and a brand new tiered margin construction. The upgrades intention to streamline the method of discovering skilled merchants, managing copied positions, and allocating capital throughout leveraged CFD markets by decreasing the steps between market…
The CLARITY Act missed its July 4 target, so the focus has now shifted as to if Senate leaders can discover time to deliver it to the ground earlier than the August work interval begins. Stand With Crypto urged supporters to press senators for a vote earlier than August 7, calling that date a arduous deadline…
Hyperliquid Strategies has constructed its treasury round HYPE, however its first SEC filings present the technique already faces a elementary problem. The firm needs to build up extra tokens for shareholders whereas warning buyers it might must promote HYPE into future capital raises, inserting long-term accumulation objectives alongside the sensible limits of market liquidity. Hyperliquid…
The Hong Kong Securities and Futures Commission (SFC) has issued a round requiring digital asset buying and selling platforms and web brokerages to interchange one-time password (OTP) authentication with extra strong safety strategies, as spoofing and fraud assaults on buyer accounts proceed to accentuate. The regulator cited rising threats from impersonation scams, noting that phishing…
Bitcoin price held above $62,000 after renewed combating between the United States and Iran slowed visitors by the Strait of Hormuz and despatched oil costs increased, reviving inflation considerations throughout world markets. Data from CryptoSlate shows that the most important digital asset traded close to $63,000 on Thursday, holding above the $60,000 stage that merchants…
South Korea’s central financial institution has come out firmly in favour of introducing a won-denominated stablecoin framework with out additional delay, signalling that the nation’s long-pending digital asset laws could lastly be gaining momentum. The Bank of Korea (BOK) used a high-profile parliamentary session on July 9 to press for swift motion, whereas additionally laying…
Bitcoin’s climb from $58,300 to $64,400, then again to $62,700, over the previous week is a bounce that also leaves the worth under two essential ranges tracked by Glassnode: the True Market Mean close to $76,600 and the short-term holder price foundation close to $72,200. The agency locations Bitcoin within the later phases of a…