A US appeals court has allowed a proposed Binance-related theft lawsuit to proceed in federal court, rejecting a lower-court order that had forced the plaintiffs into arbitration. The Eleventh Circuit issued an extraordinary writ of mandamus on August 19, directing the lower court to vacate its arbitration order. The panel found that the eight alleged …
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The SEC’s proposed “Regulation Crypto Assets” framework has been published in the Federal Register, starting a 60-day public comment period for one of the most closely watched crypto rulemaking efforts in the United States. The proposal, listed as File No. S7-2026-27, was published on August 21. Comments are due by October 20. The framework would …
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The SEC has opened a public comment period on Cboe BZX Exchange’s proposal to list six daily 3x leveraged Bitcoin and Ethereum futures ETFs. The proposal, filed under SR-CboeBZX-2026-065, would cover commodity-pool products sponsored by Volatility Shares. The funds would seek three times the daily performance of front-month and next-month CME Bitcoin and Ethereum futures …
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Hashdex has begun liquidating its Hashdex Bitcoin ETF, ticker DEFI, marking the first closure of a US spot Bitcoin ETF since the category launched in 2024. The fund ceased trading on NYSE Arca on August 17. Hashdex cited low assets under management, high operating costs, and a small asset base of about $14.7 million as …
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Canary Capital has filed Amendment No. 4 to its registration statement for the Canary Staked TRX ETF, giving investors more detail on the proposed fund’s fee structure and staking approach. The filing, submitted on August 19, discloses a 1.10% management fee. It also outlines a staking strategy under which up to 90% of the trust’s …
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Tech scammers have taken their schemes to a new level by arriving in person at an elderly victim’s residence after remotely accessing her computer and siphoning off thousands of dollars. The victim resides in North Kingstown, Rhode Island, reports WPRI. The woman, who has dementia, encountered a pop-up message on her device claiming police would …
The RISE program would use the Canton Network to combine and distribute state-administered benefits across three US states beginning in 2027. Digital Asset, the creator of the Canton Network, and former US House Speaker Paul Ryan’s American Idea Foundation plan to pilot a blockchain-based system for distributing state-administered benefits across three US states using the …
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Bitcoin rallied as Treasury bond buybacks fueled the “not-QE” trade, while Metaplanet expanded to the US and Cypherpunk made a $33 million Zcash mining bet. Bitcoin and the broader digital asset market got a taste of “not-QE” this week — and liked it. The price of Bitcoin (BTC) jumped more than 23% toward $79,000 and …
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Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting double-digit gains as crypto stocks surged. Shares of Bitcoin miners and digital asset treasury companies surged toward the end of the week, tracking a broader rally across crypto markets after the US Treasury announced it would double certain long-dated bond …
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Kalshi prediction market platform is expanding into regulated perpetual futures trading for copper, a key industrial metal. The proposed COPPERPERP contract would track the spot price of copper in U.S. dollars per pound using a price feed from Pyth Network, a blockchain-based data oracle that aggregates pricing from various participants such as market makers and …
Solana reduced its slot time for the first time since genesis as it works toward a 200-millisecond target aimed at reducing network latency. Solana reduced its slot time to 350 milliseconds, marking the first such reduction since the inception of the network, according to the Solana Foundation’s vice president of technology, Jacob Creech. “We’re in …
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Nomura-backed Laser Digital Japan received registration to provide domestic liquidity before expanding into institutional crypto trading. Nomura Group’s digital asset subsidiary, Laser Digital, received authorization to operate as a crypto asset exchange service provider under Japan’s Payment Services Act (PSA) A list issued by Japan’s Financial Services Agency (FSA) on Friday showed that Laser Digital …
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Binance’s employees were cleared and released after providing statements to UAE authorities about third-party fund flows through a company client account, a spokesperson told Cointelegraph. Binance employees detained in the United Arab Emirates were cleared and released after providing statements about third-party fund flows through a company client money account, a spokesperson for the exchange …
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Arizona-based financial firm On Q Financial is agreeing to a $1.25 million class action settlement over a February 2024 data breach exposing client names and Social Security numbers. The proposed settlement was filed in Maricopa County Superior Court and says the official notice that On Q Financial LLC will pay $1,250,000 into a fund. Eligible …
Coinkite urged Coldcard users to generate new seed phrases, warning that existing vulnerable seeds remain unsafe despite the security upgrade. Coinkite released a new security upgrade to strengthen seed phrase generation by requiring user-supplied entropy mixed with improved device randomness. Coinkite announced firmware 5.6.1 for Coldcard Mk4 and Mk5 devices and 1.5.1Q for the Coldcard …
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