Latest news
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NHL and CFTC sign data-sharing agreement for prediction market integrity
The NHL and CFTC signed a memorandum of understanding to share data and coordinate oversight of hockey-related prediction markets, following a similar March agreement between the regulator and Major League Baseball.
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Mark Cuban Sells Most Bitcoin, Calls Crypto Disappointing
Billionaire Mark Cuban disclosed he's sold most of his Bitcoin holdings, citing disappointment with the asset's failure to serve as an effective hedge against currency devaluation as gold has outperformed it by a wide margin.
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Fantasy Top Ethereum Game Shuts Down June 25
Fantasy Top, a blockchain-based fantasy sports game built on Ethereum's Blast network that let players trade NFT cards of crypto personalities, is closing at the end of June after failing to find sustainable revenue beyond NFT trading volume.
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Nvidia Posts Record $81.6B Revenue; BofA Raises Target to $350
Nvidia delivered record $81.6 billion in quarterly revenue, beating analyst forecasts by $2.5 billion, yet the stock declined. Bank of America raised its price target to $350 and reiterated a buy rating, calling the dip a buying opportunity.
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Kraken Secures VARA License for Regulated Dubai Operations
Kraken's parent company Payward received preliminary broker-dealer authorization from Dubai's Virtual Asset Regulatory Authority, enabling the exchange to offer spot and margin trading, staking, and OTC services to UAE retail and professional investors.
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Ethereum Foundation faces exodus as community questions strategic direction
High-profile departures from the Ethereum Foundation have sparked existential debate about the institution's governance, funding, and ability to compete. Critics argue the Foundation is misaligned with the network's economic interests and neglects tokenomics.
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Sandbox co-founder's wife targeted in kidnapping attempt at French home
Sébastien Borget's wife was targeted in a kidnapping attempt at their French residence. Two teenagers were arrested; four others remain at large. The incident underscores France's emergence as a hub for crypto-linked "wrench attacks."
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CFTC and NHL sign memorandum on prediction market safeguards
The U.S. CFTC and National Hockey League signed a memorandum of understanding to oversee prediction market betting, following a similar deal with Major League Baseball and amid concerns over insider trading and fraud.
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Blockchain.com Files Confidentially for U.S. Public Offering
Crypto exchange Blockchain.com has confidentially filed for a U.S. public offering, joining a wave of digital-asset firms pursuing listings as regulatory clarity improves.
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Bumo Sarang Reports $33M Loss on Leveraged Ether ETF
Bumo Sarang, a South Korean funeral services company, disclosed an unrealized loss of approximately $33 million on a leveraged Ether ETF position, highlighting risks of amplified crypto-linked products in a market increasingly drawn to speculative trades.
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EU Opens MiCA Consultation to Review Crypto Framework Fit for Purpose
The European Commission opened a public consultation on whether its Markets in Crypto-Assets Regulation needs revision, citing rapid changes in digital asset markets and international regulatory shifts since the framework's 2023 passage.
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South Carolina bans CBDCs, protects Bitcoin miners and crypto self-custody
South Carolina Governor Henry McMaster signed Bill 163, banning state use of central bank digital currencies while protecting individuals and businesses from restrictions on digital assets, mining operations, and self-hosted wallets.
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Bhutan Accelerates Bitcoin Sales, Reducing Holdings to 3,100 BTC
Bhutan has sold roughly $230.39 million worth of Bitcoin since the start of 2025, moving 100 BTC worth $8.1 million from its holding wallets in recent activity. The Himalayan kingdom now holds about $252 million in Bitcoin, down sharply from nearly 13,000 BTC in late 2024, and continues offloading around $50 million per month.