Cryptocurrency
Kalshi loses appeal in court
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws.
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Cryptocurrency
Bitcoin Price Still 33% Below Its Peak High as Bulls Plot a Comeback
Key TakeawaysBitcoin’s price remains 33.2% below its October 2025 all-time high of $126,080.Bitcoin’s daily moving averages retain a strong bullish rating, with 13 positive readings.A break below $83,000 puts bitcoin’s $80,000-$81,144 support cluster in play. Bitcoin Price Analysis: Sept....
Cryptocurrency
Hester Peirce to leave SEC
SEC Commissioner Hester Peirce has submitted her formal resignation from the US Securities and Exchange Commission, effective Oct. 2.Peirce, also known as “Crypto Mom” amid her advocacy of clear, rules-based regulation of the crypto industry, posted a copy of...
Cryptocurrency
CFTC sues Cash FX in crypto-linked case
The Commodity Futures Trading Commission said it is suing Cash FX Group and three individuals in a $950 million foreign-exchange investment case involving cryptocurrency.The defendants are Cash FX and its CEO Huascar Jose Lopez Castillo of Brazil, The Conversion Pros...
Cryptocurrency
Bitget Confirms $351.6M Hot Wallet Breach And Pauses Withdrawals
Bitget says unauthorized transfers affected approximately $351.6 million held across parts of its hot and warm wallet infrastructure.
The exchange says its cold wallets were not affected and its $464 million-plus User Protection Fund covers the loss.
Withdrawals have been temporarily...
Cryptocurrency
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations
States have tried to wrangle prediction markets offering sports-related contracts under their regulatory frameworks since they started taking off after the 2024 election, arguing that these markets are competing with state gambling platforms and offering identical products to gambling...
Cryptocurrency
OG.com Joins US Push for Single-Stock Perpetual Futures
OG.com Markets is seeking US regulatory approval to offer perpetual futures tied to individual stocks, as trading platforms push to bring the popular derivatives product to US equity markets.In a Thursday filing with the Commodity Futures Trading Commission (CFTC),...
Cryptocurrency
Ex-CFTC Leader to Leave Blockchain Association after CLARITY Vote Fails
Update (Sept. 25, 10:20 pm UTC): This article has been updated to clarify Kristin Smith’s role with the Solana Policy Institute.Summer Mersinger, formerly a commissioner with the US Commodity Futures Trading Commission (CFTC), will step down as CEO of...
Cryptocurrency
Tether Says ‘Limited’ Exposure after Prosecutors Seize $84M from Business
US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some assets.
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Cryptocurrency
Bitget Clarifies $388M in Assets Affected by Security Breach
Crypto exchange Bitget released an updated incident report on Thursday’s security breach, clarifying that about $388 million in assets had been affected and not $352 million as previously reported.In a Friday update, Bitget said it would continue to pause...
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Brazil presidential election heads to runoff after Bolsonaro and Lula fail to win majority vote
Sen. Flávio Bolsonaro, an ally of President Trump, and Brazil's veteran President Luiz Inácio Lula...