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SEC has no authority over crypto, argues defendants in $18M fraud lawsuit

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Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit’s dismissal, arguing the regulator has no authority over crypto.

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Musk says SpaceX-Tesla merger a ‘good idea’ as AI revenue jumps ninefold

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A merger would bring Tesla into the same corporate group as Grok developer SpaceXAI and social media platform X.

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Qubic restarts blockchain, opens recovery claims after $1.4M hack

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The network’s validators approved a recovery plan and opened claims until May 1, 2027.

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Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops

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The firms are seeking clearer guidance on the classification of crypto assets and secondary-market trading as the SEC’s public comment period comes to a close.

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