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FTX debtors and UCC clash over asset control in restructuring

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FTX strongly criticized the UCC’s pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries.

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Bitcoin nears $66K as Trump says US has peace deal with Iran

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US President Donald Trump says the US and Iran have a deal for a “toll-free opening of the Strait of Hormuz,” sending Bitcoin to a two-week high.

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Aztec Connect’s abandoned smart contract exploited for $2.1M

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The Aztec Connect platform was deprecated in March 2023, but the immutable smart contract still held over $2 million in crypto assets.

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CFTC sues New Mexico over prediction market jurisdiction

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New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators’ claim of authority over sports event contracts.

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