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Washington has sued @Kalshi, alleging violations of state gambling laws, claiming its prediction markets operate like illegal sportsbooks. Kalshi plans to move the case to federal court. #Update #Legal $BTC
@Google sets a 2029 deadline for migrating to post-quantum cryptography, highlighting the urgency for $BTC and $ETH developers as quantum threats become imminent. #Update #Crypto $ETH
@Anthropic’s new AI model “Mythos” leaked, posing unprecedented cybersecurity risks impacting blockchain security. Ripple and Ethereum enhance security measures in response. #Update #Crypto $XRP $ETH
@Ripple is implementing an AI-driven security overhaul for the XRP Ledger, identifying over 10 bugs and modernizing its codebase to enhance security as institutional use cases grow. #Update #Crypto $XRP
Bitcoin miners are shifting to AI, with revenue from AI projected to rise to 70% by 2026. Miners sold over 15,000 BTC to fund this transition amid declining profitability. #Update #Crypto $BTC
Morgan Stanley plans to launch a spot bitcoin ETF priced at 14 basis points, potentially triggering fee competition in the market. Approval could make it the first such product from a major U.S. bank. #Update #Crypto $BTC
@MicroStrategy’s Stretch (STRC) reclaimed its $100 par value, enabling further bitcoin purchases after acquiring 1,031 bitcoins last week for $76.6 million. #Update #Crypto $BTC
@Mastercard acquires BVNK for $1.8 billion, the largest stablecoin infrastructure deal, enhancing its compliance across 130 jurisdictions to modernize cross-border payments and reduce remittance fees. #Update #Crypto $USDC
@AnchorageDigital adds support for the $TRX blockchain, enabling institutional custody and staking infrastructure, enhancing regulated access to one of crypto’s largest ecosystems. #Update #Crypto $TRX
@IntercontinentalExchange invests an additional $600 million in Polymarket, increasing total commitment to nearly $2 billion; ICE’s backing highlights growing interest in prediction markets. #Update #Crypto $POLY
Investors withdrew $171.12 million from U.S.-listed bitcoin ETFs, marking the largest single-day outflow in over three weeks, as demand cools after significant inflows earlier this month. #Update #Crypto $BTC
@GameStop has pledged 4,709 BTC to Coinbase for an options strategy, generating $2.3 million in unrealized gains but no longer holding the coins directly. Receivables valued at $368.3 million reported. #Update #Crypto $BTC
@Tether has hired @KPMG for a full audit of its $185 billion USDT stablecoin, with @PwC assisting in system preparations, amid plans for U.S. expansion and fundraising efforts. #Update #Crypto $USDT
David Sacks, former White House crypto czar, transitions to co-chair of the President’s Council of Advisors on Science and Technology, focusing on AI and tech policy. #Update #Crypto
