Onchain, in court: What happened in crypto legal news this week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000…
Minnesota crypto ATM ban goes into effect after reported $1M losses
State officials reported that Minnesota residents, and largely senior citizens, had lost about $1 million from scams tied to crypto kiosks from 2023 to 2025.…
Crypto PAC pours another $1M into Michigan House race
Michigan incumbent Shri Thanedar’s reelection bid against other Democratic candidates is getting more about crypto with an infusion of ads funded by an…
Russia expands crypto mining ban to Moscow through 2032
Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the…
Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41minute window, expanding the estimated scope of the Coldcard wallet incident.…
The S&P 500 is making a change by adding this little-known industrial stock
Ferguson Enterprises’ stock was rallying more than 8% after news the Newport News, Va., company will be joining the S&P 500 index, edging out betterknown names…
Bitcoin holds July gain as 'forced-selling fuel was already spent,' analysts say
The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom. Source:CoinDesk
Bank of Italy finds no consistent cost advantage for stablecoin remittances
Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin…
Pump.fun laid off workers before they received millions in PUMP tokens: Report
Pump.fun cofounder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly. Source:Cointelegraph
Ex-FTX users report funds being released in $900M distribution round
Several users of the longdefunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022…
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the…
Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending…