Polymarket Kalshi Sued Over Betting Claims
Kentucky Attorney General Russell Coleman sues @Polymarket and Kalshi, alleging unlicensed sports betting via prediction markets, challenging federal oversight. #Breaking #Legal
Crypto News
General category for all types of news related to the cryptocurrency world.
ASIC Triumphs in Block Earner Penalty Battle
Australia’s High Court rules 7-0 that @BlockEarner’s crypto yield product was illegal, reinforcing ASIC’s stance on technology-neutral financial laws. Lower courts to decide on penalties.
Celsius Trading Ban Imposed on Mashinsky
@CFTC permanently bans Celsius Network founder Alex Mashinsky from trading in regulated markets, concluding a fraud case involving $20 billion in customer funds. #Breaking #Legal $CEL (-8) ↘
Visa Launches AI AgentCard for Payments
AgentCard, backed by Alchemy, introduces Visa payments for AI agents, enabling controlled online purchases with spending limits and real-time tracking. #Update #Fintech
AI Cloud Secures $220M Deal with Bell
@HIVEDigitalTech’s BUZZ HPC signs a 3-year, $220M AI cloud deal with Bell Canada and Cohere, enhancing AI infrastructure with NVIDIA GPUs. #Update #AI
China AI Launches GLM-5.2 Without Nvidia
GLM-5.2 by @Zai_org rivals Claude Opus 4.8 in AI benchmarks, using Huawei chips without Nvidia, boosting zAI’s stock by 90%. #Update #AI
Digital Yuan Launches 26-Institution Payment Network
China’s Central Bank onboarded 26 banks to CBETS, enhancing cross-border digital yuan adoption. Mbridge hit $55B, with 95% in digital yuan, challenging SWIFT. #Update #Crypto
Midjourney Launches Revolutionary MRI Alternative
Midjourney announced its new medical division, Midjourney Medical, to develop “Ultrasonic CT” for fast MRI-like scans using AI. First spa opens in 2027. #Update #Tech
Stablecoins Launch Token for Bank Deposit Switch
@Custodia and @VantageBank propose a token that toggles between bank deposits and stablecoins, currently testing on Ethereum with plans for broader rollout in Q4 2026. #Update #Crypto $USDC
Visa Launches AI Agent Payment Platform
Alchemy launches Agentcard with Visa, enabling AI agents to make purchases with tokenized payments and crypto support. Visa, Metamask, and Mastercard expand agent finance into 2026. #Update #AI
Wealthsimple Launches Kalshi Prediction Market App
@Wealthsimple is launching a prediction markets app, Wealthsimple Predict, in Canada this summer, offering 4,000 event contracts after regulatory approval. #Update #Crypto $BTC
AI Agent Launches Self-Learning Brain
Perplexity launches Brain, an AI memory system enhancing task accuracy by 25% and reducing costs by 13%, available for Max subscribers. #Update #AI
G7 Rethinks AI Strategy After Anthropic Blockade
G7 leaders are reassessing reliance on U.S. AI models after the Anthropic ban, discussing digital sovereignty and a “trusted partners” mechanism for access to advanced technologies. #Update #Crypto
CLARITY Act Set to Pass by July 4
Senator Bill Hagerty stated the U.S. Senate may pass the CLARITY Act before the July 4 recess, potentially providing regulatory clarity for the crypto industry. #Update #Legal