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Kalshi says CFTC, Michigan orders leave it in ‘impossible position’

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“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X.

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Coin Market

US freezes $131M in Iran-linked crypto as Middle East tensions rise

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“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott Bessent said Tuesday.

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Coin Market

Bitmine generated $46M from Ethereum staking last quarter

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Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained momentum following its March validator launch.

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Coin Market

Over 95% of Coinbase’s code is now written with AI

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Coinbase’s Rob Witoff said the company is leaning more on AI to help with execution, but still needs high-agency humans for judgment and strategy.

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