Tether CEO Denies Blockchain Plans as Stablecoin Operations Grow
Key Highlights Tether CEO Paolo Ardoino denied that the company is building or planning to launch its own blockchain. The clarification followed reports suggesting Tether was among companies developing dedicated…
Bitget Restricts HTX, EXMO, and 14 Crypto Platforms in Compliance Push
Key Highlights Bitget is restricting transactions linked to 16 crypto platforms and entities, including HTX and EXMO. The restrictions are being introduced in three stages, with the largest wave starting…
BitGo Takes Lead in $26.6B Real-World Asset Market With 27.5% Share
Key Highlights BitGo held the largest share of real-world asset issuer TVL at 27.5%, with approximately $7.3 billion locked. The overall RWA issuer market reached $26.6 billion across 21 projects,…
Kalshi Challenges Nevada Over Geofencing and $120K Daily Fines
Key Highlights Kalshi accuses Nevada’s gaming regulator of breaking federal law over $120,000 in daily penalties. Nevada investigators placed nine trades on Kalshi after the geofencing deadline. Kalshi is also…
Solana Founder Pitches Acquisition Strategy Tied to SOL Token Burns
Key Highlights Solana co-founder Anatoly Yakovenko suggested that temporarily increasing SOL issuance could be more beneficial than reducing inflation. His proposed approach would use newly issued SOL to acquire another…
SOL Goes Live on XRP Ledger as Axelar Brings Solana to XRPL
Key Highlights SOL is now live on the XRP Ledger, giving users access to Solana’s native token on XRPL. SOL can be traded on XPMarket, First Ledger and Magnetic, with…
Cboe Files With SEC to List 3x Bitcoin and Ether ETFs
AI Summary Show Cboe seeks SEC approval for six 3x leveraged ETFs, including Bitcoin and Ether funds, using futures contracts for exposure, not directly holding assets. Proposed funds will reset…
Lido Calls for Deeper Review Before EIP-8363 Advances
Key Highlights Lido contributors urged the Ethereum community to conduct a broader review of EIP-8363 before considering it for CFI in the Hegota upgrade. The contributors said they are not…
Nigel Farage Wins UK By-Election Amid Crypto Donation Probe
Key Highlights Nigel Farage won the Clacton by-election with 62.8% of the vote. A parliamentary probe into his undeclared £5 million crypto-linked gift has resumed. Farage could face suspension and…
SEC Cancels Crypto Meeting: Why Rulemaking Just Hit Another Wall
AI Summary Show SEC cancels meeting to propose crypto rulemaking, citing unforeseen scheduling issue, delaying Regulation Crypto Assets Innovation exemption for tokenized securities also delayed due to White House concerns…