Coinbase recently filed a formal comment letter with the Commodity Futures Trading Commission (CFTC), arguing that prediction markets are derivatives that fall under federal jurisdiction and should stay there. The company warned that letting states write their own rules for these markets would recreate the regulatory “total chaos” that Congress built the federal derivatives framework…
The video game retailer’s proposed acquisition plan revives question on whether its $368 million bitcoin stash could be sold to fund the expansion.
North Korea-linked actors have been frequently connected to large-scale crypto hacks, thefts, and laundering operations in recent years. But the isolated nation’s foreign ministry denies involvement in global cyber fraud. DPRK Slams “Reptile Media” In an official statement, a spokesperson from the regime’s Foreign Ministry called the accusations unfounded and politically motivated by the United…
GameStop’s unsolicited $55.5 billion bid for eBay could give the video game retailer a far larger e-commerce platform, a broader resale network, and a potential opening to test whether Bitcoin can move beyond corporate treasuries into consumer payments. On May 4, GameStop offered $125 a share for eBay in a cash-and-stock proposal that values the…
XRP price is now trading at the $1.40 level, and the prediction around it turns bullish. A headline board appointment has injected fresh institutional credibility into the Ripple ecosystem. Evernorth Holdings, the Ripple-backed XRP treasury company, filed its second SEC S-4 amendment this week, naming OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim…
A new $200 million, 364-day bitcoin-backed facility replaces the Coinbase Credit arrangement, cutting debt costs by 200 basis points.
Dogecoin has been among the best-performing cryptocurrencies (at least in the top 100) over the past week. The recent whale behavior signals that the asset could be gearing up for a further ascent, while certain analysts envision a price explosion in the coming months. Buying More The undisputed leader in the meme coin niche has…
The market is starting to price in potential winners as stablecoin yield compromise opens path for passing key U.S. digital asset regulation, one analyst said.
Tagging @grok in an X post plus a few dots and dashes was all that was needed last night for a bad actor to pickpocket a verified crypto wallet without ever touching the private keys. Agentic token launchpad, Bankrbot reported on May 4 that it had sent 3 billion DRB on Base to the recipient…
The cryptocurrency industry has long been a victim of hacks, many of which have been attributed to North Korean bad actors, including some of the latest major ones, such as the Drift Protocol exploit. Several big names have sought to enhance industry standards and security protocols, and Ripple is the latest to join. Here’s how.…