New York Sues Polymarket Over Alleged Illegal Gambling
New York Attorney General Letitia James has filed a lawsuit against prediction market platform Polymarket, accusing it of operating as an unlicensed gambling business in the state
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Two Former Robinhood Engineers Charged in Crypto Listing Insider Trading Scheme
Federal prosecutors accuse Hefu Chai and Huaisong Xiang of using confidential listing data to trade Hyperliquid perpetual futures for personal profit exceeding $50,000 each
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CoinEx to Cease Operations After Nine Years Amid Market Downturn and Rising Costs
Crypto exchange CoinEx is winding down services in stages through December 2026, citing lower trading volumes, liquidity pressures and compliance burdens, while keeping withdrawals open for users
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State Attorneys General Urge Senate to Reject Crypto Market Clarity Act Over Fraud Enforcement Concerns
A bipartisan coalition of 18 state attorneys general, led by New York’s Letitia James, warns that the legislation could limit local powers to combat digital asset scams ahead of a key procedural vote
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Clearpool Plans Full Shift to XRP Ledger and CLEAR Token Launch
Decentralized credit protocol moves core operations from Ethereum to XRPL, pairs with Ripple on RLUSD settlements and launches institutional fund
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Consensys Splits Into MetaMask Consumer Firm and New Institutional Entity
Ethereum co-founder Joe Lubin’s company will rebrand its existing operations as MetaMask while spinning off protocols and institutional infrastructure under the Consensys name, with the separation targeted for completion by the end of 2026
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Metaplanet Shares Drop 17% as CEO Addresses Option Pool and Shareholder Concerns
Tokyo-listed Bitcoin treasury firm sees stock decline after CEO comments on Series 10 rights and ties to major investor leave key questions open
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Ripple CEO Cites Dutch Central Bank’s $11 Billion Gold Relocation as Example of Legacy Finance Limits
Brad Garlinghouse points to months-long transfer of 86 tonnes of gold, mostly via paper trades, as evidence that traditional systems lag modern technology and blockchain alternatives
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New Jersey Petitions Supreme Court Over Regulation of Sports Contracts on Prediction Markets
State officials ask justices to clarify whether federal derivatives law bars states from enforcing gambling rules against CFTC-registered platforms offering sports event contracts
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Luke Dashjr Leaves Ocean Mining Pool Amid Differing Bitcoin Visions
Veteran developer resigns as chairman, CTO and director; parent firm buys back equity as he prepares new venture Convoy
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