A U.S. appeals court has permitted the state of Nevada to pursue legal action against predictionmarket platform Kalshi. The Ninth Circuit Court of Appeals denied Kalshi’s request to block a possible temporary restraining order (TRO). If approved, Kalshi may have to stop operating in the state for a short time,
Gemini has been accused of allegedly misleading investors during and after the September initial public offering of the crypto exchange. A class action lawsuit against the firm has been filed by shareholders on March 19 in a Manhattan federal court. The filing includes claims against Gemini, its co-founders Tyler and
Goldman Sachs has flagged the possibility for risks in 2026 and 2027 if oil prices continue to rise. This stems from the ongoing Middle East conflict with Strait of Hormuz as a critical factor. One question that has now come up is whether it will impact cryptocurrencies. Prices are currently
Coinbase Asset Management has joined hands with Apex Group to develop a tokenized Bitcoin Yield Fund on Base. Coinbase developed a fund to build investment products that are based on blockchain technology for institutional and accredited investors across the world. The fund is developed on the ERC-3643 token standard. This
The New York division of the Federal Bureau of Investigation (FBI) issued an emergency alert to crypto users after a scam campaign on the Tron blockchain circulated fraudulent “FBI tokens” claiming to be from the federal agency. On March 19, FBI Newyork shared this warning on X that recipients should
KuCoin has announced a partnership with Bitnbox, a payment partner of merchants. The objective is to accelerate crypto payments – thereby, bridging the gap between crypto infrastructure and real-world commerce. The collaboration extends to eligible merchants across the world. KuCoin and Bitnbox KuCoin, or KuCoin Pay to be more specific,
Analysts have predicted that Cardano offers the most prominent purchasing opportunity right now. As per the analysts, it projects a potential 1,000% rally if a multi-year support zone carries on to hold. At press time, Cardano was trading at $0.27, and it remained above a demand floor that twice before
Market-making firm Flow Traders has launched a 24/7 over-the-counter (OTC) liquidity service for tokenized assets. This allows institutional investors to trade digital versions of stocks, gold, and money market funds at any time, even when traditional markets are closed. Major problem solved in the Market Traditional financial markets are only
South Korea’s main opposition People Power Party has proposed eliminating the planned 2027 tax on digital asset income, raising worries about double taxation and policy inconsistencies. According to a local news outlet, Floor Leader Song Eon-seok’s proposal aims to eliminate the present income tax provisions on digital assets from the
Morgan Stanley, a global financial service provider, has proposed an amended Bitcoin ETF filing with the U.S. Securities and Exchange Commission. As per the newly updated S-1 filing on March 18, the company has accepted the ticker MSBT on NYSE Arca. Adding more, the filing highlights that the trust will
