Hegseth warned that prediction market wagers could expose military operations to adversaries. US Defense Secretary Pete Hegseth has barred all Pentagon staff from using undisclosed information to place wagers on upcoming military action, including on prediction market platforms like Kalshi and Polymarket. In a memo sent to senior Pentagon and defense agencies on Tuesday, Hegseth …
Continue reading “Pentagon bans US forces from using military info to bet in prediction markets”
BIT Asset Management’s Bitcoin Fund ETF is expected to begin trading on SIX Swiss Exchange in November, with its public offering restricted to Switzerland. Switzerland’s financial regulator FINMA has approved the first Swiss-law exchange-traded fund allowing retail investors to gain direct exposure to Bitcoin. On Thursday, BIT Asset Management said its Bitcoin Fund ETF (BBIT) …
Continue reading “Switzerland approves first spot Bitcoin ETF for retail investors”
DeepSeek banned from US federal civilian agencies over spying fears. Singapore firm behind Europe’s only spot Bitcoin ETF, as Switzerland partners with Vietnam on crypto tech. The US Treasury has proposed new rules that would block investment in artificial intelligence projects (sorry, ‘Super Intelligence’ projects) and certain high risk semiconductors in some foreign countries. The …
Continue reading “New DeepSeek ban in US, Swiss-Asia crypto ties deepen: Asia Express”
The new service aims to bring onchain trading data into institutional financial systems as tokenized stock markets expand and face growing scrutiny. Blockchain analytics platform Dune has launched real-time market data feeds covering more than 200 onchain trading venues, aiming to bring decentralized market activity into the trading systems used by traditional financial institutions. The …
Continue reading “Dune launches real-time data feeds covering 200 onchain trading venues”
According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC. A shareholder for Circle Internet Financial, the company behind the USDC (USDC) stablecoin, filed a lawsuit against US President Donald Trump, his family’s crypto company World Liberty Financial, affiliate entities, and US Special Envoy …
Continue reading “Circle shareholder sues Trump, World Liberty and Steve Witkoff over crypto deals”
An Ohio law firm office manager is accused of stealing more than $864,000 from 11 disabled veterans whose money the firm was trusted to manage. Darlene Toman, 64, faces six counts of bank fraud, six counts of wire fraud and four counts of aggravated identity theft, reports Military.com. Federal prosecutors say she also took $77,051 …
Major U.S. banks are moving to block AI agents after finding unauthorized bots working inside customer accounts. Some of those agents have tried to take actions that appear to go beyond what account holders asked for, reports Axios, citing people familiar with the matter. JPMorgan Chase, Wells Fargo, Bank of America and Morgan Stanley are …
The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock. Prediction market operator Underdog has partnered with crypto infrastructure provider zerohash to introduce cryptocurrency and stablecoin deposits, with the new funding option expected to launch later this year. Eligible users will be able …
Continue reading “Underdog taps zerohash to bring crypto deposits to prediction markets”
According to BlocksBridge, Bitcoin’s mining difficulty is rising despite the industry’s AI transition, with smaller operators potentially absorbing equipment abandoned by larger competitors. Bitcoin’s network hashrate has climbed to a seven-month high despite major publicly traded miners shifting capacity toward artificial intelligence, suggesting other operators are replacing lost computing power and intensifying competition among remaining …
According to the Central Bank of Ireland, Coinbase Ireland had agreed with the facts around the enforcement action and will be subject to fines and sanctions upon approval by a high court. The Central Bank of Ireland announced an enforcement action against Coinbase Ireland for failures to safeguard user funds and provide oversight between 2020 …
Continue reading “Irish cenbank fines Coinbase arm $3.6M for oversight, safeguard failures”
Bitcoin extended daily losses to 3% as US stocks came under pressure from President Donald Trump’s comments on Iran military action. Bitcoin (BTC) stayed below $82,000 around Thursday’s Wall Street open as Iran war headlines returned to pressure risk assets. Key points: Data from TradingView showed BTC/USD hitting $81,256 on Bitstamp, down 2.9% on the …
Continue reading “Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower”
A widely followed crypto strategist is revealing what he believes is the only chart that matters for Bitcoin after BTC briefly went below $80,000 last week. Pseudonymous analyst DonAlt tells his 797,800 followers on X that Bitcoin investors should look at BTC on a long-term timeframe to see its strength. “If you zoom out a …
Fireblocks told Cointelegraph that reports of a potential $2.5 billion acquisition by Visa are “not true at present time,” while Visa declined to comment on the reported talks. Crypto custody and infrastructure provider Fireblocks is disputing a report that payments giant Visa is in late-stage talks to acquire the company for about $2.5 billion. “We …
Continue reading “Fireblocks disputes report of $2.5B Visa acquisition talks”
Public miners backed by major TradFi players are coming back online, boosting Bitcoin’s hashrate, a positive sign for BTC’s fundamentals, according to CryptoQuant’s Ki Young Ju. Bitcoin’s rising hashrate represents an “indirect bullish signal” from institutional investors that are backing several public Bitcoin miners, according to analytics platform CryptoQuant’s founder and CEO, Ki Young Ju. …
JPMorgan has more than doubled its price target on SpaceX (SPCX), betting that a fast buildout of computing power will push the company’s revenue into the hundreds of billions of dollars. Analyst Doug Anmuth raised his target on SpaceX to $500 from $240 and kept an Overweight rating after the company’s third-quarter results, reports Yahoo …
