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Billionaires lose billions: What’s happening with Elon Musk and Sam Bankman-Fried?

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Sam Bankman-Fried no longer qualifies for a listing on the Bloomberg Billionaires Index, while Elon Musk’s reported net worth has dropped by more than $86 billion in recent days.

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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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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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Crypto’s 2026 shutdown wave claims 82 projects. What went wrong?

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Crypto projects are struggling to survive as falling revenues, depleted funding and security breaches force closures across DeFi, blockchain infrastructure and gaming.

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