US CPI for April hit 3.8% as energy costs surged. June’s print, due June 10, could climb to 3.9%, putting Fed rate cuts and crypto under fresh pressure. April was not kind. The US Consumer Price Index rose 3.8 percent year-over-year, per the Bureau of Labor Statistics, with energy accounting for over forty percent of […]
FTX’s former law firm Fenwick and auditor Prager Metis agree to pay about $66M to settle customer fraud claims. FTX customers may move closer to another recovery path after the exchange’s former law firm and auditor agreed to pay about $66 million to settle fraud claims. Fenwick & West and Prager Metis deny wrongdoing, but […]
SEC approval enables cash-settled Bitcoin index options via Nasdaq framework QBTC contracts track CME CF Bitcoin index with European-style expiration design Trading launch awaits CFTC clearance despite SEC greenlight for listing The SEC approved Nasdaq Bitcoin options for listing on the PHLX, formerly known as Philadelphia Stock Exchange, expanding regulated BTC trading products in the […]
BNB trades near $640, holding above $630 support as traders watch $700 resistance and a long-term $5,000 target. BNB accumulation has returned to market discussion as traders track a long-term target zone near $5,000. BNB trades near $640, while short-term pressure remains active below key resistance. The current BNB price setup shows a wide range […]
NEAR Protocol holds above key Elliott Wave support as the chart maps targets at $2.50, $2.65, and $2.86. Wave 4 pullback risk stays in play. NEAR Protocol has been outperforming most of the altcoin field in the short term. Not by a dramatic margin. But the chart structure is doing something most others are not. […]
The European Central Bank warned that easier euro stablecoin rules could weaken banks and create new financial risks across Europe. The European Central Bank, also called the ECB, raised fresh concerns about euro stablecoins this week. According to Reuters, the ECB took a stance against proposals to relax the rules on euro-backed stablecoins. The bank […]
Comer asks Kalshi and Polymarket for records on identity checks, location controls, and suspicious election trading by June 5. House Oversight Committee Chair James Comer has opened a probe into Kalshi and Polymarket over possible insider trading on prediction markets. The investigation focuses on whether users with non-public government information could profit from contracts tied […]
A compromised internal wallet drained $700K from Polymarket. User funds stayed safe. Here’s what happened and how the team responded. A security incident hit Polymarket this week, shaking the prediction market platform briefly. An attacker gained access to an internal operations wallet used for rewards payouts. The breach triggered repeated POL token transfers, firing every […]
Bitget launched a new framework to monitor listed tokens and market makers more closely. It will flag suspicious trading, weak liquidity, and possible manipulation faster. Listed projects must follow stricter rules against wash trading and price abuse. Bitget has launched a new Market Integrity and Token Accountability Framework to enhance governance of listed digital assets, […]
Hong Kong dollar stablecoin HKDAP completed Ethereum testing and may begin phased issuance by the end of Q2 2026. Hong Kong moved closer to launching its first officially approved stablecoin after HKDAP completed a successful Ethereum mainnet transfer test. According to HKET, the project was a collaboration between multiple licensed financial and crypto firms to […]