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NFT News
New York Sues Kalshi, Calls Prediction Market an ‘Illegal Gambling Operation,’ Seeks $36 Billion
New York has filed a sweeping lawsuit against prediction market platform Kalshi, accusing the company of operating an illegal gambling business and seeking penalties that could total at least $36 billion.The lawsuit, filed on July 31 by New…
Aave Plans to Shut Down Six Blockchain Deployments in Strategic Network Cleanup
Aave, the world’s largest decentralized lending protocol, is preparing to streamline its multi-chain footprint by retiring six blockchain deployments and dozens of underutilized asset markets. The proposal, currently under governance…
Strategy Posts $8.2 Billion Q2 Net Loss as Bitcoin Slump Cuts Holdings Value
Strategy (NASDAQ: MSTR) reported an $8.22 billion net loss for the second quarter of 2026 after a decline in Bitcoin prices sharply reduced the reported value of its digital asset holdings under fair-value accounting rules. The results…
SEC Ready to Write Crypto Rules if CLARITY Act Stalls, Chair Atkins Says
The U.S. Securities and Exchange Commission (SEC) is prepared to move ahead with its own cryptocurrency regulatory framework if Congress fails to pass the Digital Asset Market Clarity (CLARITY) Act, according to SEC Chair Paul…
MoonPay Launches PayBox, Letting ChatGPT and Claude Turn Prompts Into Crypto Payments
MoonPay has unveiled PayBox, a new AI-native payment vault that enables ChatGPT and Claude users to securely execute cryptocurrency transactions, interact with decentralized finance (DeFi) protocols, and even make real-world purchases…
Galaxy Expands AI Data Center Footprint With 500-Acre Texas Campus
Galaxy said on July 28 that it has acquired approximately 500 acres of land in McGregor, McLennan County, Texas, under a development agreement with the City of McGregor, to build and operate a data center campus serving artificial…
Senate Shelves CLARITY Act as Russia Sanctions Bill Takes Priority
The U.S. Senate has temporarily shelved the Digital Asset Market Clarity (CLARITY) Act as lawmakers prioritize a Russia sanctions package and a backlog of federal nominations, delaying one of the cryptocurrency industry’s most closely…
Coinbase Eyes Canada’s ‘Everything Exchange’ but Says Clearer Crypto Rules Must…
Coinbase is looking to transform its Canadian business from a cryptocurrency trading platform into a comprehensive digital finance hub, but the company says regulatory modernization will be essential before that vision can become…
35 Days Without a Saylor Bitcoin Buy: Has Strategy Turned Seller for Good?
Strategy’s unprecedented five-week pause in Bitcoin accumulation has reignited debate over whether the world’s largest corporate Bitcoin holder is quietly changing course. After years of relentlessly issuing shares and debt to buy more BTC,…
Kraken Parent Payward Acquires Magic Labs Wallet Business Powering 60 Million Users
Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire the wallet-as-a-service business of Magic Labs, adding embedded non-custodial wallet technology used by more than 60 million users to its expanding…
