Arizona crypto ATM law helps 35 scam victims recover $171K
Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 days.…
Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Zerohash, which handles crypto plumbing for Morgan Stanley's ETrade, said it's planning on refiling and hoping for a swift resolution. Source：CoinDesk
Hawaii crypto ATM ban to take effect on Oct. 1
Hawaii will join Minnesota, Tennessee and Indiana in becoming the fourth US state to completely ban the use of cryptocurrency ATMs and kiosks in response to…
Bitwise cuts 14% of staff while still expecting growth
Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons,…
Wintermute plans $1 billion AI push beyond crypto: Bloomberg
The firm aims for noncrypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business. Source：CoinDesk
Crypto Long & Short:
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong…
Kalshi launches sports and crypto perps data feed on DoubleZero
Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster institutional data access.…
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Nonqualified investors face a 300,000ruble (approx. $3,600) annual purchase limit per intermediary, while qualified investors have no cap. Source：CoinDesk
CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto
Booming AI demand sends CRWV up 16% and lifts IREN and CIFR as investors favor computing infrastructure over crypto. Source：CoinDesk
Crypto companies urge AI firms to give Bitcoin developers early access
The Bitcoin Policy Institute and other industry participants urged AI companies to offer early access to their frontier models to aid Bitcoin and opensource…
Inside the fake crypto startup that fooled North Korean IT workers
Suspected North Koreans IT workers joined a fake crypto startup — without realizing their every move was being tracked to extract valuable intel.…
Crypto.com rolls out tokenized stock derivatives as crypto exchanges push into equities
The exchange is joining a tokenized stock market that has grown 600% in a year, though its products offer price exposure rather than share ownership.…