UK Gambling Commission Posts £65,000 Job to Hunt £16.6B Black Market
The Gambling Commission posted a new senior “Head of Illegal Markets” role, with a £65,000 salary, as research surfaced by the Betting and Gaming Council confirmed the UK black market has grown to £16.6 billion in 2025, more than tripling from 2019. The hire arrives during a CEO transition period at the regulator and amid … Read more
Draftkings, Flutter Grab Market-Maker Role, Undercut Peer-to-Peer Prediction Claim
Draftkings and Flutter Entertainment have both moved into market-making on prediction-market platforms, escalating from consumer-facing products into the financial infrastructure of an industry that built its identity on peer-to-peer trading. The Q1 2026 earnings disclosures establish that the sportsbook industry’s bet on prediction markets has moved well beyond app launches. Sportsbooks Move From Prediction-Market Products … Read more
Bitmine slows Ethereum buys, targets December to own 5% of supply
Tom Lee has also doubled down on the idea that the crypto spring has started and pointed to the Ether price rising in correlation with software stocks as further evidence. Go to Source
Hackers used AI to craft zero-day attack to bypass 2FA: Google
Google’s Threat Intelligence Group says it has “high confidence” a threat actor used an AI model to help discover and weaponize a vulnerability in a popular system admin tool. Go to Source
Crypto.com Lands UAE License, Opening Crypto Payments for Dubai Government Fees
Crypto exchange Crypto.com announced that its United Arab Emirates entity has been granted a stored value facilities license, enabling payment of government fees with cryptocurrencies. Regulatory Milestone Crypto exchange Crypto.com has announced on May 11 that its United Arab Emirates (UAE) entity, Foris DAX Middle East FZE, has been granted a stored value facilities (SVF) … Read more
MARA shares sink on first-quarter revenue miss, $1.3B loss
MARA Holdings says Bitcoin mining remains the company’s “operational foundation” while it moves to expand into AI. Go to Source
Bitcoin Miner Cleanspark Posts $378M Loss in Q2
Cleanspark reported a $378.3 million net loss for its second fiscal quarter ended March 31, 2026, as a $224.1 million non-cash loss on bitcoin fair value weighed heavily on results even as the company expanded its hashrate and power capacity. Cleanspark Posts $378M Loss in Q2 as Bitcoin Fair Value Swing Hits Results Cleanspark’s (Nasdaq: … Read more
Bitcoin funding rates turn positive: Is a BTC rally to $85K next?
Bitcoin’s funding rate turned positive as the cryptocurrency held the $80,000 level. Will an uptick in spot ETF inflows trigger a rally to $85,000? Go to Source
24 Finance Giants Push Deeper Into Crypto Across Regulated Markets
Major financial institutions are expanding crypto services across regulated finance, with Bitwise data showing 24 firms active in trading, custody, funds, payments, tokenization, or exchange-traded products. The activity points to wider use of regulated crypto access. Banks Move Crypto Deeper Into Regulated Finance Wall Street’s crypto footprint is expanding across the financial system. Asset management … Read more