Bybit Files US Lawsuit Against North Korea Over $1.5 Billion Crypto Theft
Crypto exchange seeks asset recovery and freezes after securing court orders tied to the February 2025 breach attributed to Lazarus Group
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Latest updates, press releases, and insights from the volatile world of digital assets.
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SEC Sets August 24 Deadline for Nasdaq Bitcoin Options Review After CME Challenge
The Securities and Exchange Commission has granted CME Group’s request for a full review of Nasdaq PHLX’s Bitcoin index options proposal, keeping the May staff approval on hold pending further action
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Trade.xyz to Cover SK Hynix Perp Liquidation Losses After Oracle Price Anomaly
Platform will reimburse eligible traders after an external pre-market trade caused an 18.7% mark-price drop on its Hyperliquid contract
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India Orders GitHub Takedown of Jack Dorsey’s Offline Messaging App Bitchat
Authorities cite surveillance concerns over the Bluetooth mesh app’s use by student protesters during internet shutdowns in Delhi, prompting criticism from digital rights groups
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Washington Court Blocks Kalshi Sports Contracts in Escalating Federal-State Regulatory Clash
A Washington state judge has granted a preliminary injunction against prediction market operator Kalshi, ruling its sports event contracts likely violate state gambling laws despite federal CFTC oversight. The decision, effective no earlier than August 5, highlights growing tensions between state regulators and federally regulated platforms
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London Stock Exchange to Launch Overnight Trading Venue in 2027
The LSE plans a separate night trading platform called LSE 24 to offer extended access to exchange-traded products, responding to retail demand and competition from continuous crypto markets
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CFTC Blocks Michigan Court Order, Forces Kalshi to Honor Trades
The CFTC has directed prediction market platform Kalshi not to cancel trades involving Michigan residents, creating a direct conflict with a state court ruling and escalating tensions over federal versus state authority in these markets
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Derive (DRV) Surges on Upbit and Bithumb Listings
Derive’s DRV token climbed sharply after South Korea’s leading exchanges added trading support, boosting visibility for the on-chain derivatives protocol in a key retail market
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Revolut X Connects Crypto Trading to AI Assistants
Revolut has integrated its Revolut X crypto exchange with third-party AI tools like Claude, Gemini, OpenClaw, and Cursor, allowing users to analyze markets, monitor portfolios, and prepare trades through natural language commands, with final user approval required for every order
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Trump’s Bitcoin Reserve Plan Stalls Amid Agency Control Dispute
The Trump administration’s Strategic Bitcoin Reserve faces delays as Treasury and Commerce departments debate oversight and legal authority for managing government-held Bitcoin
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