A US federal court ruling has increased the risk that Nevada regulators could seek to halt prediction-market trading in the state after a judge sent a dispute involving Polymarket’s parent company Blockratize back to state court. A federal judge rejected arguments that US regulation under the Commodity Exchange Act (CEA) and the Commodity Futures Trading Commission (CFTC) fully preempts state gaming laws for prediction markets, according to a Monday order. The judge found that the CEA’s savings clause does not completely displace state authority and that the companies had not…
Category: Bitcoin News
Bitcoin ETFs Surge as Trading Volumes Reach February Highs
US spot Bitcoin funds opened the week with strong inflows, extending last week’s rebound even as conflict in the Middle East escalated. Bitcoin (BTC) exchange-traded funds (ETFs) recorded $458.2 million of inflows on Monday, extending last week’s $787.3 million in net inflows, according to data from SoSoValue. The latest gains pushed cumulative net inflows to $55.3 billion. Trading volume climbed to about $5.8 billion, the highest level since early February. Daily flows in US spot Bitcoin ETFs since Feb. 18, 2026. Source: SoSoValue The inflows came as Bitcoin rose about…
BitMEX Co-Founder Ben Delo Pledges $27M to London Maths Institute
BitMEX co-founder Ben Delo pledged 20 million British pounds ($27 million) to the London Institute for Mathematical Sciences (LIMS), ranking among the largest private donations ever made to a United Kingdom research institution outside Oxford and Cambridge, British magazine Times Higher Education reported on Tuesday. The commitment includes $13.3 million upfront and $13.3 million to be released once the Mayfair-based institute matches the amount through additional fundraising, Times Higher Education reported. The gift launches a wider campaign aimed at building an $80 million endowment to secure LIMS’ long-term future, per…
Core Scientific Q4 Earnings Miss Moves Shares Lower
Shares in Core Scientific moved lower on Monday after the Bitcoin miner and artificial intelligence compute provider’s fourth-quarter earnings missed analyst expectations amid a late-year drop in crypto markets. Core Scientific reported Q4 revenues of $79.8 million, down 16% from the year-ago quarter and missing Wall Street expectations of $90.4 million. Its crypto mining revenue fell by nearly half compared to Q4 2024, to $42.2 million. The company posted a net income of $216 million for the quarter, largely boosted by a fair value gain of $330.3 million in its…
Crypto Professionals in the Firing Line as ClickFix Scam Spreads
Crypto hackers attempting to use “ClickFix” attacks to steal crypto have now turned to impersonating venture capital firms and hijacking browser extensions in their two most recent attacks. According to a report by cybersecurity firm Moonlock Lab on Monday, scammers are using fake venture capital firms such as SolidBit, MegaBit and Lumax Capital. The hackers are using the firms to contact users via LinkedIn with partnership offers, then funneling them to fake Zoom and Google Meet links. When a target clicks the fraudulent link, they are taken to an event…
US Senate Bill Seeks to Ban the Fed From Issuing a CBDC
An amendment has been proposed to the Federal Reserve Act to ban the US central bank from issuing a central bank digital currency (CBDC) until 2030. The amendment was found toward the end of the 300-page “21st Century ROAD to Housing Act” (HR 6644) released by the Senate Committee on Banking, Housing, and Urban Affairs on Monday. Section 10 of the proposed legislation states that the board of governors of the Federal Reserve System or a Federal Reserve bank “may not issue or create a central bank digital currency or…
OpenZeppelin says EVMbench’s Dataset Contains Training Data Leaks
Blockchain security firm OpenZeppelin says it has found methodological flaws and data contamination in its audit of OpenAI’s new artificial intelligence benchmark for blockchain security, EVMbench. EVMbench was launched in partnership with crypto investment firm Paradigm in mid-February. It was built to evaluate how well different artificial intelligence models can identify, patch, and exploit smart contract vulnerabilities. In an X post on Monday, OpenZeppelin said it welcomed the initiative but recently decided to put EVMbench “through the same scrutiny” it applies to all the protocols it helps secure, including the…
Can US Lawmakers Pass Crypto Market Structure Before the Midterms?
While US Senate lawmakers have been working to pass a comprehensive digital asset market structure bill since July, some industry observers in Washington say progress could be “on hold” due to government gridlock. Since the House of Representatives passed the CLARITY Act last summer and sent the legislation to the other chamber, lawmakers have faced a historically long government shutdown, partisan divides on ethics and debates over stablecoin yield that have likely slowed progress on the bill, which could be further hampered by the upcoming US midterm elections in November.…
Are Investors Giving Up on BTC?
Key takeaways: Bitcoin futures demand has hit its lowest level since 2024, signaling that many institutional traders are staying cautious. Despite lower confidence from bulls, high CME open interest suggests that major institutions have not left the market. Bitcoin (BTC) price has gained 10% since retesting $63,000 on Saturday, providing a glimpse of hope for bulls as stock markets moved in a different direction amid escalating tensions in the Middle East. However, demand for Bitcoin futures has been declining, with open interest reaching its lowest levels since 2024. This trend…
Bitfinex Resumes USDt Tokenized Bonds on Liquid
Bitfinex Securities said on Monday it will resume issuing tokenized bonds for Luxembourg-based securitization fund ALTERNATIVE, with future sales expected to exceed $10 million. The USDt-denominated bonds will be issued and settled on the Liquid Network, a Bitcoin sidechain, with fundraising, coupon payments and principal repayments executed fully onchain. The move follows four prior tokenized bond issuances since 2023 totaling $6.2 million, three of which have matured and been fully repaid, representing about $1 million in principal returned to investors. Across those offerings, investors received 20 onchain coupon payments worth…