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US industry watchdogs oppose draft bill on crypto market structure

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The group sent a detailed letter to the U.S. House Financial Services Committee accusing the crypto market of seeking favorable legislation under the guise of crypto innovation.

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Coin Market

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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Coin Market

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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Utah AG sues Kalshi, pursues profits from prediction market company

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Derek Brown likened the prediction market company to a “public nuisance“ that was “causing a significant and substantial ongoing harm“ to state residents.

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