Regulation
Senate Votes to Ban Senators and Staff From Using Prediction Markets
S. Res. 708 prohibits senators and staff from using prediction markets, and became effective immediately upon passage.
CryptoClub.cc
Regulation
Senator Warren questions Commerce Secretary Lutnick on Tether loan to family
Senator Elizabeth Warren has formally questioned Commerce Secretary Howard Lutnick regarding a loan that stablecoin issuer Tether allegedly provided to his family members. The Massachusetts Democrat sent a letter to Lutnick seeking detailed information about the financial arrangement and any potential conflicts of interest stemming from his role overseeing trade
Exchange
Gemini eyes prediction market challenge to Kalshi, Polymarket, secures derivatives license; shares surge
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has secured a derivatives license and announced plans to enter the prediction markets space, directly challenging established players Kalshi and Polymarket. The company's shares experienced a significant surge following the announcement, though specific percentage gains were not disclosed. The
Regulation
UK regulator clears path for tokenized funds within existing rules
The FCA signs off rules to let UK funds keep registers onchain and add a new Direct‑to‑Fund dealing model, aiming to simplify tokenized funds inside the existing regime.
Regulation
Banks push to slow stablecoin law as Agora races for charter
Traditional banking institutions are actively lobbying to delay pending stablecoin legislation while cryptocurrency company Agora accelerates its pursuit of a banking charter, according to industry sources. The banking sector's efforts come as regulatory frameworks for digital assets face increasing scrutiny from lawmakers and financial regulators. Stablecoin regulation has
Security
North Korea accounts for 76% of 2026 crypto hack losses, with theft since 2017 topping $6 billion: TRM Labs
North Korea-linked hackers stole $577 million in two April exploits, accounting for 76% of crypto losses in 2026, according to TRM Labs.
Security
The long con: How North Korean spies spent months in-person to drain $285 million from Drift
North Korean operatives successfully infiltrated decentralized trading platform Drift through an elaborate months-long social engineering campaign, ultimately draining $285 million from the protocol. The sophisticated attack involved spies working in-person to gain the trust of Drift employees and gradually compromise the platform's security infrastructure. The breach represents one
Security
Crypto hack losses top $630M in April, highest since February 2025
Losses from crypto hacks have topped $630 million in April across more than 25 hacks, with DeFi dominating major incidents and exploits accelerating despite security updates.
Market
MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push
MARA Holdings, one of the largest Bitcoin mining companies in North America, announced its intention to acquire Long Ridge Energy in a $1.5 billion deal aimed at expanding into AI data center operations. The acquisition represents a significant strategic shift for the crypto mining giant as it diversifies beyond
Regulation
The Green Beret was just the start: New data suggests a broader insider trading crisis on Polymarket
New data reveals potential widespread insider trading issues on decentralized prediction market Polymarket, extending beyond the previously reported Green Beret case. According to a CoinDesk analysis, multiple military-related markets on the platform show suspicious trading patterns that suggest participants may have accessed non-public information before placing bets. The investigation identified
Regulation
US seized $500M in Iranian crypto assets, Treasury secretary says
Treasury Secretary Scott Bessent said the US has seized nearly $500 million in Iranian crypto assets, surpassing the previously reported $344 million freeze.
Regulation
South Korea seeks 20-year term for Delio CEO in $169 million crypto case: report
South Korean prosecutors seek 20 years for Delio CEO over $168.8 million embezzlement from 2,800 crypto deposit users.