A $36 billion lawsuit just turned Kalshi’s $40 billion valuation race into a federal market emergency

The Commodity Futures Trading Commission (CFTC) has issued a directive compelling Kalshi, a prominent prediction market exchange, to continue its operations, a significant federal intervention following the company’s declaration of…

OpenAI COO Brad Lightcap Departs Amid Executive Exodus as the AI Leader Navigates High-Stakes IPO Preparations

The leadership architecture of OpenAI, the organization at the center of the global artificial intelligence revolution, has shifted significantly following the announcement that Chief Operating Officer Brad Lightcap will depart…

Harmony considers rollback after suspected exploit inflates ONE supply

Harmony, a prominent Layer-1 blockchain platform, is currently grappling with a severe and potentially existential crisis following claims of an exploit that allegedly led to the unauthorized minting of nearly…

Hashdex Bitcoin ETF DEFI Faces Liquidation Amidst Broader Market Rebound

Hashdex’s Decentralized Finance (DEFI) Bitcoin Exchange-Traded Fund (ETF) is set to cease trading on August 17, marking a significant development for its investors as the fund undergoes liquidation. This closure…

South Korea Enacts Sweeping Crypto Regulation Overhaul, Eliminating Travel Rule Threshold and Strengthening AML for Transfers and VASPs

SEOUL, South Korea – In a significant move to fortify its digital asset regulatory framework, South Korea’s Cabinet has formally approved expansive amendments to the Enforcement Decree of the Act…

Bitwise pitched a diversified 10-crypto fund, then lost $500 million as Bitcoin swallowed 78% of the portfolio

The erosion of the fund’s capital base occurred alongside a notable shift in its internal composition. While the fund is designed to track the performance of the ten largest crypto…

Federal Judge Stays CFTC Civil Case Against US Soldier Accused of Insider Trading on Polymarket Maduro Removal Contract

In a significant legal development poised to shape the regulatory landscape for digital assets and prediction markets, a federal judge has ordered a stay in a civil case initiated by…

European Crypto Holders Face an August 23 Deadline to Figure Out Who Controls HTX or Risk Violating EU Sanctions

An impending European Union transaction ban, set to take effect on August 23, 2026, casts a significant shadow over cryptocurrency holders and businesses operating within the bloc or with connections…

The Ethereum Foundation Initiates Treasury Staking, Bolstering Network Security and Financial Sustainability

The Ethereum Foundation (EF), a non-profit organization dedicated to supporting the Ethereum ecosystem, has officially commenced staking a significant portion of its treasury, aligning with its comprehensive Treasury Policy unveiled…

Lido and A41 Successfully Orchestrate Large-Scale Validator Exit, Minimizing Staking Reward Loss

In a significant demonstration of sophisticated operational management within the Ethereum staking ecosystem, Lido, a leading liquid staking protocol, successfully facilitated the strategic exit of 6,918 validators operated by A41,…