Alabama Passes DUNA Act Granting DAOs Legal Status

The US state of Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal status under the DUNA Act. The Decentralized Unincorporated Nonprofit Association…

Bitcoin and Stocks Face Fresh Lows Under a US Dollar Breakout, Say Traders

Bitcoin (BTC) saw another $69,000 rejection on Thursday as risk-assets suffered over US-Iran war headlines. Key points: Bitcoin faces fresh downside pressure as stocks and gold fall on US President…

Former FTX Engineer Nishad Singh Fined $3.7M in CFTC Fraud Case

Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the US commodities regulator over his alleged role in the collapse of…

Crypto VC Paradigm to Launch Prediction Market Terminal

Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to serve the fast-growing sector. Led by…

Australia Passes Landmark Crypto Law, Mandates Licensing For Exchanges And Custodians

Australia has approved its first comprehensive digital asset framework, requiring crypto exchanges and custody providers to obtain financial services licenses, bringing the sector under the country’s core financial regulations. The…

Crypto Scam Leader Extradited to China to Face Charges

Li Xiong, a key member of group that served crypto scam rings throughout Asia, has been extradited to China after his arrest in Cambodia, where he will face fraud and…

BlackRock Files Ticker For Bitcoin Premium Income ETF As Bitcoin Strategy Expands

BlackRock has moved forward with its Bitcoin premium income strategy, revealing a ticker for its upcoming iShares Bitcoin Premium Income ETF. Bloomberg ETF analyst Eric Balchunas said on X that…

SpaceX Reportedly Files IPO at Potential $1.75T Valuation

Elon Musk’s aerospace company SpaceX has reportedly filed confidentially for an initial public offering, moving it closer to what could be the biggest public listing in US history. SpaceX submitted…

Genius Group (GNS) Dumps All Bitcoin Holdings To Clear Debt

Genius Group sold its entire Bitcoin reserves to repay $8.5 million in debt, the company said today. The firm entered a Bitcoin first strategy in late 2024 after the US…

Crypto Exchange Bithumb to Delay IPO until after 2028: Report

According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025. South Korea-based cryptocurrency exchange Bithumb is reportedly expecting…