NY judge denies CFTC motion to halt enforcement action against Kalshi
The ruling leaves New York’s case against Kalshi in place while allowing the CFTC to renew its request before Judge Victor Marrero. Source:Cointelegraph
Nigeria sets crypto tax collection rules for digital asset platforms
The framework specifies how existing tax obligations apply to crypto disposals and rewards, with some withheld amounts payable in the originating token.…
Crypto firms still seeking frontier AI access; only select few have it
Crypto executives say restricting powerful AI models may initially be justified, but it doesn’t make sense as opensource alternatives become more capable.…
Coldcard Bitcoin theft tops $100M across 3 confirmed attack waves: Galaxy
Galaxy Research said 90% of the stolen Bitcoin remains unmoved as investigators examine a suspected fourth wave that could lift losses to $130 million.…
Bitmine adds $19.6M in ETH, repurchases 4.5M shares
Bitmine said it now holds about 4.8% of Ether’s circulating supply as it pursues its 5% acquisition target. Source:Cointelegraph
Mastercard completes $1.8B BVNK acquisition in stablecoin push
Mastercard said the tieup would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services. Source:Cointelegraph
Malaysia Blockchain Week’s OnlyFans scandal, lonely heart scammed for $3.3M: Asia Express
Fake romance crypto investment scams net $9 million in a single week in Hong Kong, as Malaysian authorities lose it over a crypto conference’s afterparty.…
Caleb & Brown expands to UK, betting on untapped crypto demand
The boutique brokerage will focus on highnetworth clients rather than competing with retail crypto exchanges. Source:Cointelegraph
Boltz pauses service after wave of AI-assisted hacking attempts
The noncustodial protocol said attackers are discovering and adapting exploits faster than its small development team can identify and patch them.…
Bessent’s top crypto adviser Tyler Williams exits US Treasury: Report
A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto…
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies…
Kenya moves 30 million academic credentials onto Avalanche blockchain
A new digital verification platform aims to reduce forged certificates by allowing employers and universities to authenticate academic records onchain.…