General News

Hyperliquid Faces Scrutiny After Oracle Glitch Sparks 17.9% SKHX Plunge

Hyperliquid is investigating a sharp 17.9% plunge in its SK Hynix perpetual futures contract after an apparent oracle pricing anomaly triggered a wave of...

Apple Faces Lawsuit After Alleged $1.8 Million Bitcoin Theft Through Fake Wallet App

Apple is facing a new federal lawsuit after three cryptocurrency investors alleged they lost a combined $1.8 million in Bitcoin by downloading a fraudulent...

Hong Kong Launches Quantum Preparedness Index for Banking Sector

Hong Kong is accelerating its push toward quantum-safe banking after the Hong Kong Monetary Authority (HKMA) introduced a new framework to measure the financial...

Federal Judge Blocks Minnesota Prediction Market Ban Pending Federal Law Challenge

A federal judge has temporarily halted Minnesota's landmark law banning prediction markets, ruling that the measure likely conflicts with federal law and allowing platforms...

X Money Launches Nationwide for U.S. Premium Users With 6% APY and X Card Rewards

Elon Musk's X has officially expanded X Money beyond its invite-only beta, making the financial platform available to U.S. X Premium and Premium+ subscribers....

Kraken Parent Acquires Magic Labs Wallet Business Behind 60 Million User Wallets

Kraken parent company Payward has agreed to acquire the embedded wallet business of Magic Labs, a move that expands its push into enterprise crypto...

Circle Acquires Nearly 1,000 IBM Blockchain Patents to Strengthen Onchain Infrastructure

Circle has significantly expanded its intellectual property portfolio by acquiring IBM's blockchain patent assets, a move that positions the stablecoin issuer as the largest...

Strategy Builds $525 Million Cash Reserve as Bitcoin Buying Pause Reaches Five Weeks

Strategy expanded its U.S. dollar reserve by $525 million while choosing not to purchase additional Bitcoin for the fifth consecutive week, signaling that liquidity...

Garden Finance Takes App Offline After Independent Solver Database Compromise

Garden Finance temporarily suspended its application after an attacker compromised the off-chain database of an independent solver, triggering unauthorized crypto transfers worth about $450,000....

Storj Labs Files for Chapter 11 After Raising $35 Million

Storj Labs, the company behind the decentralized cloud storage network Storj, has filed for Chapter 11 bankruptcy protection in the United States after raising...

Senate Unveils Combined CLARITY Act Draft as Floor Vote Nears

The U.S. Senate has released a revised draft of the CLARITY Act that combines the versions previously advanced by the Senate Banking and Senate...

CFTC Warns Prediction Markets Again Over Template Self-Certifications

The U.S. Commodity Futures Trading Commission (CFTC) has issued another warning to prediction market operators, signaling continued regulatory scrutiny over how event contracts are...