Category: crypto

A US federal judge in San Francisco has temporarily blocked the Pentagon from taking action against Anthropic, an AI company, providing short-term relief in its dispute with the Trump administration. The ruling prevents the enforcement of a stop-use order against Anthropic’s chatbot, Claude, while the case progresses. Anthropic has challenged the government’s labeling as a…

Tether is moving towards a full financial review of its USDT stablecoin in preparation for increased regulatory scrutiny in the US. The company hired KPMG for its first full audit and engaged PwC to prepare its internal systems. This audit will go beyond previous reserve attestations and could support its US expansion plans and possible…

US spot Bitcoin ETFs saw their largest daily outflows in weeks on Thursday as Bitcoin dropped below $70,000. BlackRock, Fidelity, ARK, and Grayscale led the withdrawals. Despite this, US spot Bitcoin ETFs still attracted $1.36 billion in March net inflows, showing ongoing institutional interest in Bitcoin.

GameStop did not sell the 4,709 Bitcoin it pledged with Coinbase Credit in January. Instead, the company entered a covered-call arrangement, generating premium income while keeping exposure to Bitcoin price moves. The agreement is set to expire soon, and GameStop recorded digital asset receivables on its balance sheet.

Australia’s Federal Court fined Binance Australia Derivatives A$10 million for wrongly classifying 524 retail clients as wholesale investors. ASIC found that Binance allowed users to retake quizzes without limits, weakening checks for complex derivatives access. Binance had already paid A$13.1 million in compensation. The ruling comes amid pressure in other markets.

Vietnamese authorities detained suspects linked to the ONUS crypto ecosystem over allegations of fraud involving token promotions and market manipulation. The case involves tokens such as VNDC, ONUS, and HNG, and it has drawn attention to crypto enforcement in Vietnam, one of the world’s busiest digital asset markets. Several suspects have been named, and the…

Two Chinese container ships connected to Cosco approached the Strait of Hormuz before turning back near Iranian waters, causing market concern over shipping access in the Gulf. Iran warned certain ships against transit, stating the strait was closed to its enemies. Bitcoin and Ethereum prices fell due to geopolitical tensions.

Intercontinental Exchange has invested an additional $600 million in Polymarket as part of its $2 billion commitment plan. This investment comes as prediction markets, such as Kalshi, are growing rapidly, attracting more capital and attention from large financial firms. The sector is expanding beyond traditional derivatives products and is gaining popularity among retail traders.

Prediction market traders decreased the chances of a presidential pardon for former FTX CEO Sam Bankman-Fried after his parents defended him on CNN. Polymarket and Kalshi lowered the odds, with his parents arguing that Alameda Research did not misuse customer funds. Despite their efforts, a pardon still seems unlikely in 2026.

The European Central Bank found that the governance of top DeFi protocols like Aave, MakerDAO, Ampleforth, and Uniswap is more centralized than claimed, with top holders controlling over 80% of governance tokens. This could jeopardize their regulatory status under the EU’s MiCA regime, potentially subjecting them to compliance requirements.