Kalshi has introduced mandatory employer disclosures for certain traders and expanded its market surveillance program after reporting more than 150 investigations, over 100 blocked insider-trading attempts, and 20 law-enforcement referrals during the first quarter of 2026. Summary Kalshi now requires employer disclosures for traders in higher-risk markets and has introduced a new risk scoring system
BitGo has opened access to Aave, Spark and Tesseract for eligible institutional clients through its integration with Narval. Summary BitGo lets eligible institutions access Aave, Spark and Tesseract while assets remain in qualified custody. Narval checks transaction details, approved contracts and policy rules before BitGo authorizes wallet signing requests. The launch expands regulated DeFi access
The U.S. government’s first insider trading prosecution involving a prediction market has advanced after a Manhattan court scheduled a Dec. 7 trial for Army soldier Gannon Van Dyke. Summary Manhattan federal court has scheduled a Dec. 7 trial for Army soldier Gannon Van Dyke in the first U.S. insider trading case involving a prediction market.
Bitcoin’s recent selloff has yet to establish a durable market bottom as institutional demand remains absent and capital continues to leave spot Bitcoin ETFs, according to a new market note from Wintermute. Summary Wintermute says Bitcoin’s recent decline reflects a lack of institutional demand rather than isolated market events. Spot Bitcoin ETFs extended a 13-session
Bitcoin price extended its decline on Tuesday after U.S. President Donald Trump announced a military response against Iran, triggering a broader risk-off move across global markets and adding fresh pressure to an already fragile crypto sector. Summary Bitcoin price fell to an intraday low of $60,892 after Trump ordered a military response against Iran. More
A House tax package for digital assets has drawn questions from lawmakers during an early committee hearing. The Ways and Means Committee reviewed bills meant to reduce crypto tax filing burdens. Summary House lawmakers reviewed crypto tax bills meant to reduce filing burdens for digital asset users, investors, and brokers. Democrats raised concerns that proposed
Token of Power suffered an exploit on Tuesday that drained more than $1.5 million from its liquidity pool. On-chain firms Blockaid, PeckShield, and Cyvers flagged the incident in posts on X. Token of Power lost 944.2 WETH, worth about $1.58 million, from its TOP/WETH Balancer V1 pool. Blockaid described the incident as a governance-takeover attack,
Wall Street has largely abandoned expectations for Federal Reserve rate cuts this year ahead of the first Federal Open Market Committee meeting led by Fed Chair Kevin Warsh on June 16-17. Summary Most Wall Street economists now expect the Fed to keep rates at 3.50%-3.75% through the end of 2026. Rising inflation expectations and Middle
Crypto investment firm Paradigm has urged the U.S. Federal Deposit Insurance Corporation to remove provisions from its proposed stablecoin framework that could restrict third-party firms from offering rewards tied to stablecoins. Summary Paradigm urged the FDIC not to extend the GENIUS Act’s stablecoin yield ban to third-party firms such as exchanges and wallet providers. The
Trump adviser Patrick Witt has backed six House crypto tax bills as lawmakers seek to clarify rules for staking, mining, and digital asset transactions. Summary Patrick Witt backed six House crypto tax bills covering staking, mining, crypto payments, and tax reporting rules. Lawmakers split the proposals into separate bills, allowing individual measures to advance independently.
