The decision closes a legal battle spanning more than a year, after Dunamu moved to overturn the sanction and halt its enforcement.
Bessent ramps up pressure on Congress to pass CLARITY Act
US Treasury Secretary Scott Bessent says the CLARITY Act is vital to set clear rules for crypto, tokenized assets and decentralized exchanges, and that US leadership is at stake.
Morgan Stanley Bitcoin ETF trails BlackRock with $30M in first-day inflows
Morgan Stanley’s Bitcoin ETF drew $30.6 million in first-day inflows, ranking second behind BlackRock’s IBIT as US spot Bitcoin ETFs clocked net outflows on Wednesday.
Dubai clarifies token issuance rules for RWAs and stablecoins
Dubai’s regulator issued new guidance placing token launches into three buckets, tightening disclosure and governance standards for stablecoins, RWAs and other digital assets.
Bithumb launches legal action to recover 7 Bitcoin from payout error
South Korean crypto exchange Bithumb files for a court-approved asset freeze to reclaim 7 BTC remaining from a February payout error.
Yuga Labs settles lawsuit against artists accused of copying its NFTs
Yuga Labs first filed a lawsuit in June 2022, accusing Ripps and Cahen of copying its Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.
Canary Capital submits application for US-based spot PEPE ETF
Canary Capital is preparing to launch an ETF tracking Pepe’s price, despite the token trading 85% below its December 2024 all-time high.
Anthropic loses early appeal over Pentagon ‘supply chain risk’ label
“In our view, the equitable balance here cuts in favor of the government,” said a panel of judges from the District of Columbia Court of Appeals.
99.99% of Polymarket traders shouldn’t quit their day jobs, data suggests
While nearly 16% of Polymarket users are in profit, only a tiny fraction have made gains large and consistent enough to entertain walking away from their day job.
Chainalysis claims stablecoin volumes could hit over a quadrillion by 2035
Adjusted stablecoin volume could reach $719 trillion by 2035, but the projection could be far higher if two macro catalysts come to pass, said Chainalysis.