SEC Approves Paxos as Clearing Agency
Paxos Securities Settlement Company gains SEC registration as a clearing agency, becoming the first blockchain-native firm to operate as a central securities depository in the U.S. #Update #Legal
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Paxos Securities Settlement Company gains SEC registration as a clearing agency, becoming the first blockchain-native firm to operate as a central securities depository in the U.S. #Update #Legal
Former Ukrainian police officers allegedly kidnapped crypto entrepreneurs, extorting $2.2M using fake debt claims and police impersonation; global crypto “wrench attacks” rise 75% in 2025. #Breaking #Legal
Bitcoin ETFs experienced nine consecutive days of outflows totaling $2.8 billion, reflecting deteriorating investor sentiment and a shift in capital to AI-related stocks. #Update #Crypto $BTC
The CFTC approved @Kalshi to offer Bitcoin perpetual futures in the U.S., marking a regulatory milestone for derivatives. Kalshi aims to launch next month.
Michael Carbonara liquidates 10 $BTC for $800K in USDC to fund his Florida congressional campaign, highlighting crypto’s role in politics. #Update #Crypto $BTC
Prompt injection is the top security risk for AI, with OpenAI acknowledging it as unsolvable. The UK’s National Cyber Security Centre warns of AI’s inherent vulnerabilities. #Update #Tech
Five advanced AI models, including GPT-5.4 and Claude Opus 4.7, disagreed on 67% of fact-check claims in a Lenz Research study, showing limited reliability. AI
ICE CEO Jeffrey Sprecher discusses learning from @Hyperliquid’s 24/7 crypto model and questions U.S. regulatory restrictions on perpetual futures; CFTC approves Bitcoin perps for Kalshi. #Update #Crypto
An anonymous user inscribed the U.S. Constitution on the Bitcoin blockchain using OP_RETURN, paying $83 in fees, enabled by last year’s byte limit removal. #Update #Crypto $BTC
Lenovo’s stock surged 109% in May, driven by AI-related revenue growth and record quarterly earnings. #Update #Tech
Celsius founder Alex Mashinsky filed to vacate his 12-year sentence, citing ineffective counsel linked to financial conflicts involving FTX’s SBF. #Breaking #Legal
The U.S. has seized $1 billion in cryptocurrencies from Iran-linked entities, reflecting a crackdown amid geopolitical tensions. #Breaking #Crypto $USDT
JP Morgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong over the Clarity Act, opposing stablecoin yield provisions. The bill awaits Senate approval. #Update #Legal
Coinbase receives CFTC approval to offer U.S. customers access to offshore crypto perpetual futures via Deribit, potentially leading other exchanges to follow. #Update #Crypto @Coinbase