Kalshi Loses Emergency Injunction Bid in Utah Gambling Case
Key Highlights Kalshi loses its emergency appeal bid, allowing Utah to enforce its anti-gambling laws against the platform. States are gaining ground in court, with states winning 35 of 41…
FBI Uses Crypto Tracing to Link Jacksonville Brothers to Darknet Opioid Case
Key Highlights U.S. authorities charged Jacksonville brothers Vladislav and Stanislav Chernyshov over an alleged darknet drug operation. The BarbaraWhite vendor account has been active since at least 2020 across marketplaces…
Compound Launches Institutional Market for DeFi Lending
Key Highlights Compound launched the Compound Institutional Market, a lending venue designed for large institutional borrowers and lenders. The market offers higher loan-to-value ratios across four curated collateral assets: ETH,…
XRP Faces Key $1.43 Test After 28.5% August Rally
Key Highlights XRP gained 28.5% in August, marking its strongest August performance in five years, before losing some of those gains in September. XRP is now testing the $1.43 area,…
Circle Stock Declines 5% Following Tazapay Announcement
Key Highlights Circle (NYSE: CRCL) declined 5.10% to $96.84 on September 8, down $5.21 from the previous close. The stock traded between $96.44 and $100.80, with a volume of 8.2…
AUSTRAC Removes 45 Crypto and Remittance Firms From Registers
Key Highlights AUSTRAC cancelled, suspended, or refused renewal of registrations for 45 remittance and virtual asset service providers over the past year. Actions targeted firms lacking operational capacity, remaining inactive,…
BNB Chain DEX Router Reportedly Drained of 62 WBNB in Exploit
Key Highlights Security researcher ExVul reported that a BNB Chain DEX router was exploited for approximately 62.28 WBNB. The researcher said 29 wallets were affected through existing token approvals. The…
Kyrgyz President Advances Crypto and Blockchain Goals
Key Highlights President Sadyr Japarov led the National Council’s third meeting on virtual assets and blockchain technologies on September 5. Kyrgyzstan plans to improve its virtual asset regulatory framework, infrastructure,…
Tokenized Stock Market Cap Hits $3.1B All-Time High
Key Highlights Tokenized stocks reached an all-time high of $3.1 billion in onchain market capitalization, according to Token Terminal. BNB Chain leads with $1.0 billion, or 32.7% of the market,…
Core DAO Fixes Reward Exploit, Claws Back 186M CORE
Key Highlights Core DAO disclosed a reward-accounting exploit that released approximately 255 million CORE in validator rewards ahead of schedule between August 28 and August 31. The incident did not…