New York sues Polymarket, alleging it is running an illegal gambling operation
The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains.
U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The Fed proposed rules on putting last year’s GENIUS Act into place with regulations, including those governing stablecoin yield programs.
Crypto exchange Bitget says $352 million affected in a hack, claims user funds are ‘safe’
Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements.
Someone was trying to sell Ondo Finance after founder Nathan Allman’s death
The company has vehemently denied that it was shopping for buyers. Allman’s estate declined to comment.
Bullish, Alpaca and Apex Fintech form coalition to push issuer-backed tokenized stocks
The group aims to link onchain shares to official shareholder records following the U.S. SEC’s innovation exemption for tokenized stock trading.
U.S. commodities firms can invest in tokenized assets, use blockchain records: CFTC
The U.S derivatives regulator is grinding away at further guidance that welcomes tokenization and blockchain recordkeeping as regular industry elements.
The stock token debate, and the gap nobody can close alone
The argument over Robinhood’s AMC token has been about which tokenization model is legitimate, and the SEC has drawn a line. The question to ask now is what has to be true for any of it to be a market, argues Bullish’s Tram Doman.
Bitcoin just topped a key long-term moving average. Here’s what it might mean
Bitcoin’s return above its one-year average excited chart watchers. AltcoinPro Research says the more important signal is whether it can stay above its 200-day average.
BlackRock partnership sparks 24% rally in this crypto
As BlackRock Inc. (NYSE: BLK) aggressively accelerated its digital asset and blockchain footprint, as Finbold reported, Ondo (ONDO), the governance … Continue reading
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Crypto casino Duelbits goes offline after $7 million hot wallet hack
Attackers drained Duelbits’ hot wallets across four blockchains; about $6 million in stolen funds now sits in a single Ethereum address.