Stablecoin payments firm KAST has appointed Stephanie Allen, a former senior advisor at the U.S. Securities and Exchange Commission (SEC), to lead its corporate and policy communications. This strategic hire aims to enhance KAST’s engagement with policymakers, industry influencers, and…
Bitcoin experienced a notable decline, falling below the $75,000 mark, alongside other major cryptocurrencies. This market movement occurred shortly after the Federal Reserve announced its decision to maintain current interest rates. The decision was characterized by a significant internal division…
The World Liberty Financial (WLFI) project, a decentralized finance and stablecoin initiative with ties to the Trump family, has commenced a critical voting period for a governance proposal that could significantly alter the circulation of its native token. The proposal,…
Crypto never sleeps. Neither do we. Yesterday we shorted Bitcoin and closed the trade for a clean +2R win. We even tweeted the close in real time. This morning we re-entered another short at 76.4k. Same idea. Same thesis. Just…
A U.S. court has imposed an eight-year prison sentence on Maximilien de Hoop Cartier, a descendant of the luxury jewelry family, for operating an unlicensed cryptocurrency exchange. Prosecutors stated that this operation facilitated the laundering of over $470 million in…
The Canadian federal government has introduced a proposal to outlaw cryptocurrency ATMs, identifying them as a significant channel for fraudulent activities and money laundering. This move, detailed in the nation’s spring economic update, signals an intensified regulatory focus on digital…
U.S. District Judge Lewis Kaplan has denied a request for a new trial filed by former FTX CEO Sam Bankman-Fried, who presented new evidence suggesting the now-bankrupt cryptocurrency exchange was solvent. In a ruling dated Tuesday, filed in the U.S.…
Polymarket is reportedly in discussions with the U.S. Commodity Futures Trading Commission (CFTC) regarding the potential return of its main exchange operations to the United States. This development follows Polymarket’s acquisition of QCEX last year, which operates as Polymarket US,…
Back from Mar-a-Lago. Had an incredible time at the Trump memecoin gala. Shook hands with some interesting people. Watched Mike Tyson talk about crypto. Ate well. And came home to find out my short hit its take profit… without me.…
CFTC Adopts AI for Registration Processes Amidst Workforce Constraints The Commodity Futures Trading Commission (CFTC) is reportedly integrating artificial intelligence (AI) into its processes for reviewing cryptocurrency registration applications. This strategic adoption aims to enhance efficiency and address potential workforce…