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HectorDAO files for Chapter 15 bankruptcy in the US

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The decentralized autonomous organization was first impacted by the collapse of the Terra ecosystem in 2022 and suffered $16.4 million in losses.

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Coin Market

Phantom launches Kalshi-powered prediction markets for US users

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The crypto wallet’s new integration offers CFTC-regulated event contracts through Kalshi, as prediction markets face growing legal challenges in the US.

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Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings

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Bitcoin failed to move past its 50-day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings.

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Crypto PAC spending before midterms possibly obscured after reported FEC hack

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The FEC reported an “electronic filing system outage” on Tuesday as groups are expected to ramp up spending before the US midterm elections.

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