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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 sector’s preparedness for quantum computing. The initiative includes…
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 such as Kalshi and Polymarket to continue operating…
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. The launch marks a significant step in Musk’s…
Kraken parent company Payward has agreed to acquire the embedded wallet business of Magic Labs, a move that expands its push into enterprise crypto infrastructure and strengthens its business-to-business product offerings. The…
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 holder of blockchain patents in the United States.…
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 remains a higher priority than expanding its cryptocurrency…
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. The cross-chain atomic swap protocol said the incident…
Storj Labs, the company behind the decentralized cloud storage network Storj, has filed for Chapter 11 bankruptcy protection in the United States after raising approximately $35 million over its lifetime. The filing…
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 Agriculture Committees, marking a significant step toward comprehensive…
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 submitted for approval. The agency said some exchanges…
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