The Commodity Futures Trading Commission’s Innovation Advisory Committee holds its first meeting Thursday, with prediction markets on the agenda. Seven of its 35 members run companies at the center of the event-contract fight the agency is waging against nine state governments. Seven Seats for the Event-Contract Industry The CFTC’s Innovation Advisory Committee convenes for the […]
Read MoreMetaplanet Puts 2,100 BTC Into Super League for US Expansion
Metaplanet will contribute 2,100 BTC and $2.5 million in cash to Nasdaq-listed Super League, creating a U.S. bitcoin treasury platform called Superplanet. The transaction will give the Japanese company control of the business while linking capital markets in Tokyo and New York under one treasury strategy. Metaplanet Extends Bitcoin Strategy to Nasdaq With $134.6M Deal […]
Read MoreNew Jersey Player Turns $2 Spin Into Record $2.95M Online Jackpot
A $2 spin in Linden, New Jersey, produced a $2,949,857.40 progressive payout: the fourth seven-figure Mega Jackpot on Hard Rock Bet’s four-month-old network and the largest in the operator’s online casino history. Four Seven-Figure Wins Since April A player identified as Rose M. of Linden triggered Hard Rock Bet’s New Jersey Mega Jackpot on Aug. […]
Read MoreYou Found $500,000 Hidden in Your Own Walls. A Court Says It’s Not Yours
A $500,000 cache of cash stuffed into ammunition cans inside the walls of a Paradise Valley, Arizona home sparked a court fight between the new owners and the prior owner’s heirs. In Grande v. Jennings, the Arizona Court of Appeals ruled on May 31, 2012, that the money belonged to the estate of Robert A. […]
Read MoreCrypto Mastermind Deported to Face Massive $165 Million Fraud Trial
Federal law enforcement prosecutors in Georgia unsealed criminal charges against Edward Zimbardi following his high-profile deportation from Fiji. Authorities allege he ran a fraudulent investment scheme that misappropriated $165 million from thousands of investors worldwide. Alleged Scheme Execution Federal prosecutors in the Northern District of Georgia unsealed an indictment on Aug. 17, charging Edward Zimbardi […]
Read MoreBinance Helps Stop $1.2M Governance Attack in Under 48 Hours
Binance said its monitoring team detected a malicious DAO proposal, warned the unnamed project and coordinated deposit closures with exchanges before a vote blocked access to roughly $1.2 million in treasury tokens. Binance Flags Proposal Before Vote Crypto exchange Binance shared on Aug. 18 that its security team detected a malicious governance proposal targeting an […]
Read MoreXRP Sees 23% of Onchain Trading Volume in a Three-Hour Trading Window
XRP trading has developed a pronounced weekday peak during overlapping London and New York business hours. Evernorth highlighted that the three-hour window captured 23.5% of weekday on-chain volume in July, up from 14.3% a year earlier. XRP Trading Develops a Weekday Rush Hour XRP treasury company Evernorth shared Aug. 18 that weekday on-chain activity increasingly […]
Read MoreTrump Opens Bitcoin Door as US Debt Blows Past $40 Trillion
Treasury Department figures and debt clock readings reported Aug. 19 put total public debt at a staggering $40.049 trillion. About $32.266 trillion sits with the public, while another $7.782 trillion is effectively Washington owing money to federal accounts, including trust funds. The tab has more than doubled from roughly $19.95 trillion when U.S. President Donald […]
Read MoreReplay Attack Alarm Grows as BIP-110 Backers Brand Bitcoin ‘Spamcoin’
A planned revival of the failed BIP-110 stalled fork is putting an old cryptocurrency hazard back in the spotlight: replay attacks, where a transaction intended for one blockchain can potentially be copied onto another. The issue matters because Luke Dashjr and other BIP-110 supporters are discussing a hard fork that would replace the minority chain’s […]
Read MoreTrump Hosts Top Crypto CEOs at White House as US Weighs Bitcoin Buy
President Donald Trump brought cryptocurrency executives, financial market leaders, and federal regulators together at the White House on Aug. 19. Participants discussed digital asset legislation, capital formation, tokenization, and U.S. technological competitiveness. Trump Says His Administration Ended the War on Crypto President Donald Trump convened executives from cryptocurrency platforms and traditional financial institutions on Aug. […]
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