Tether’s T3 Crime Unit says it has frozen $450M in suspected illicit crypto
T3 Financial Crime Unit says it has frozen over $450 million tied to suspected illicit activity as stablecoin compliance pressures intensify. Go to Source
DIGIT
CFTC Drops Swap Reporting Duties for Prediction Market Operators Across the US
The Commodity Futures Trading Commission (CFTC) issued a blanket no-action letter this week, relieving prediction market operators from swap data reporting and recordkeeping obligations tied to fully collateralized event contracts. CFTC Issues Blanket No-Action Letter Cutting SDR Reporting for Event Contracts The CFTC‘s Division of Market Oversight and Division of Clearing and Risk jointly announced … Read more
Law firm Fenwick & West sued for $525M over alleged role in FTX collapse
Twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running. Go to Source
JPMorgan lifts Bitcoin ETF exposure in Q1, led by BlackRock’s IBIT
The bank raised its reported IBIT holdings by 174% in the first quarter while also adding exposure to select Bitcoin, Ether and Solana-linked funds. Go to Source
Altcoin season ‘quietly’ starting? Analysts spot three bullish indicators
Crypto analysts spot early altcoin recovery signals as key metrics improve and capital rotation hints at a potential altseason in 2026. Go to Source
Bank of England reconsiders strict stablecoin regime
BoE weighs easing UK stablecoin caps and reserve demands after industry backlash, in a move that could decide whether GBP tokens can compete with dollar‑pegged rivals. Go to Source
CFTC no-action letter eases event contract reporting rules
The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen. Go to Source
Casper Network Plans Quantum-Safe Keys in 2027 to Protect Tokenized Assets
The Casper Association has launched a multi-year technical roadmap focused on institutional-grade infrastructure for real-world asset tokenization and artificial intelligence-driven commerce. Bridging the Ethereum Ecosystem The Casper Association on May 12 unveiled a multi-year technical roadmap aimed at positioning the Casper Network as the primary infrastructure for regulated asset tokenization and the burgeoning machine-to-machine economy. … Read more
BitGo posts wider Q1 loss despite revenue more than doubling
BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter. Go to Source
Trump’s White House weighs 250 pardons to celebrate America’s 250th birthday
One of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried. Go to Source