The efforts by former Sam Bankman-Fried to overturn or reopen his fraud conviction have suffered another setback after a US federal court rejected his request for a new trial. The ruling reinforces his earlier conviction tied to the collapse of FTX, which remains one of the largest financial fraud cases in the digital asset industry. […]
ORCA is trading near $1.61 after a volatile session that saw the token pull back from recent highs and consolidate within a tight short-term range. Despite today’s drop of 16.2% in the last 24 hours, the broader price structure still shows signs of sustained upward momentum building from April 25. Recent price action and profit-taking […]
Canada has moved a step closer to banning cryptocurrency donations in political campaigns after lawmakers advanced new election rules. According to the House of Commons of Canada, Bill C-25, known as the Strong and Free Elections Act, has passed its second reading, allowing detailed examination at the committee stage where amendments remain possible. Introduced on […]
Katana (KAT) has been one of the strongest-performing altcoins in the market over the past 24 hours, recording a sharp 73.1% jump to $0.02129. What makes this rally stand out is not just the price increase, but the scale of trading activity behind it. KAT has significantly outperformed Bitcoin and the broader crypto market, which […]
Jane Street has moved to dismiss a lawsuit brought by Terraform Labs’ bankruptcy estate, arguing the claims attempt to shift responsibility for the Terra-Luna collapse. In a filing before the Southern District of New York, the trading firm and several individual defendants said the case lacks merit and should be thrown out with prejudice, which […]
Thailand is moving to allow crypto firms to access derivatives licenses directly, easing entry into the market while tightening regulatory oversight. According to the country’s Securities and Exchange Commission, the proposed rule changes would allow licensed digital asset businesses to apply for derivatives licences within their existing entities, removing the need to set up separate […]
On Tuesday, US President Donald Trump said he expects a “great deal” with Iran even as he resists extending a ceasefire, while Bitcoin traded lower amid geopolitical uncertainty. Meanwhile, Kevin Warsh reaffirmed the Federal Reserve’s independence during his Senate hearing, and crude oil prices remained volatile as markets weighed supply risks and potential peace talks. […]
Arbitrum has frozen over $71 million in ETH tied to the Kelp DAO exploit in a bid to mitigate losses. According to a Tuesday update shared by Arbitrum, the network’s Security Council seized 30,766 ETH from an address on Arbitrum One linked to the weekend attack and transferred it into a frozen intermediary wallet. Arbitrum […]
Bitcoin and the broader crypto market are going down today because of the rising tensions between the US and Iran. They are also plunging amid fears of market manipulation and the rising hacks in the industry. BTC price dropped below $75,000, while the market capitalization of all tokens dropped to $2.4 trillion. Some of the […]
Polygon is drawing renewed attention in the crypto market after introducing a new liquid staking token, sPOL, a move that is already influencing both price action and liquidity dynamics. The staking token, which allows users to stake while maintaining access to their capital, has effectively unlocked roughly $330 million previously tied up in staking. sPOL […]
