Crypto News
The latest cryptocurrency news, market moves and industry updates.
City of Baltimore goes after prediction markets for sports betting
Baltimore sues over sports betting, citing gambling laws. Partners include Robinhood, Webull, and Coinbase.
Tether completes first full financial audit, receives clean KPMG opinion
Tether completes first full financial audit, receiving a clean opinion from KPMG, with reserves exceeding liabilities by $6.8 billion
Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
Delio CEO Jeong Sang-ho has been sentenced to 15 years in prison for crypto fraud, as reported by CoinTelegraph. The sentencing comes over a year after his indictment.
Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin
Tether has completed its long-promised financial audit, with KPMG U.S. examining its books and counting its gold bars, as reported by CoinDesk.
CFTC to join SEC in exploring crypto regulations without CLARITY bill
The CFTC is set to discuss crypto regulations at an upcoming meeting, focusing on crypto assets, artificial intelligence, and prediction markets.
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
Forecasts for a $1 million bitcoin price may be too ambitious, suggests a key ratio, as high yields on long-term U.S. Treasuries make non-yielding assets less attractive
Crypto group backs Custodia in Supreme Court battle over Fed access
The Blockchain Association is backing Custodia in a Supreme Court battle, arguing the Fed should not have broad discretion to deny eligible state-chartered banks direct access to its payment system. The case centers on access to the Fed's payment system
Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered
Robinhood Chain's TVL nears $1B thanks to Uniswap integration, potentially solving key challenges and accelerating UNI token burns
Trezor warns 14,000 customers after fulfilment partner suffers data breach
Trezor warns 14,000 customers of a data breach, the first time shipping addresses have been exposed, after a fulfillment partner was hacked