Category: crypto

Former FTX head of engineering Nishad Singh agreed to pay a $3.7 million fine to resolve his case with the US commodities regulator. The settlement includes a five-year trading ban, an eight-year registration ban, and no additional penalties due to his cooperation. Singh was accused of misappropriating funds during FTX’s collapse.

Alabama has granted legal status to decentralized autonomous organizations under the DUNA Act, becoming the second state in the US to do so after Wyoming. The law provides legal recognition and limited liability protections for DAOs, allowing them to operate and hold assets within a defined legal framework.

Paradigm is developing a professional-grade prediction market terminal for institutional traders and market makers. They are also considering launching an internal market-making unit and an index product similar to the S&P 500. The firm led a $1 billion round valuing Kalshi at $11 billion, with its valuation rising to $22 billion due to surging volumes.

Deepcoin has partnered with Polymarket to offer synchronized “Event Contracts” on its centralized exchange, allowing users to trade real-world events with CEX tooling. This integration provides real-time quotes, shared liquidity, and unified clearing. Deepcoin plans to refine the product for a more professional event trading experience. This move opens CEX rails into a traditionally DeFi-dominated…

Ripple has introduced Digital Asset Accounts and Unified Treasury, allowing businesses to manage fiat, RLUSD, XRP, and other tokens within existing treasury systems. This move targets the growing demand for on-chain cash and stablecoins in corporate finance. The platform integrates crypto into traditional treasury workflows, offering a comprehensive fund-management solution for enterprises.

eToro has obtained a New York BitLicense and money transmission license, allowing residents of New York to trade cryptocurrencies on its platform. This expands its US coverage to 48 states after settling with the SEC in 2024. The company sees this as a strategic milestone in its US expansion.

SpaceX has filed confidential IPO papers with the SEC, targeting a valuation above $1.75 trillion and a June 2026 listing, potentially raising up to $75 billion. This comes after a $1.25 trillion valuation following the acquisition of Elon Musk’s xAI, making it the world’s most valuable private company ahead of its IPO debut.

Zcash recently fixed a critical vulnerability in its zcashd nodes related to the legacy Sprout shielded pool, preventing potential fund draining. The flaw, discovered by security researcher Alex “Scalar” Sol, was present from July 2020 until the release of v6.12.0. Despite this, user funds were confirmed safe, and major mining pools have deployed the fix.

US-listed spot Bitcoin ETFs ended the first quarter of 2026 with $500 million in net outflows, despite $1.32 billion in March inflows. Ether ETFs saw $769 million in outflows, while Solana funds attracted $213 million. Investor sentiment remained low, with ETF volumes falling in March but institutional participation continuing.

The US Department of Justice charged 10 individuals for manipulating digital asset prices through pump-and-dump schemes. The defendants are linked to four crypto market making firms and are accused of inflating trading volumes and prices before selling to unsuspecting investors at higher valuations. Three defendants were extradited from Singapore to the US.