Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake.
City of Baltimore goes after prediction markets for sports betting
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.
Tether completes first full financial audit, receives clean KPMG opinion
KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion.
Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea.
CFTC to join SEC in exploring crypto regulations without CLARITY bill
The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and prediction markets.
Crypto group backs Custodia in Supreme Court battle over Fed access
The Blockchain Association argues the Fed should not have broad discretion to deny eligible state-chartered banks direct access to its payment system.
Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered
Standard Chartered said Robinhood’s Uniswap integration could solve a key challenge for new blockchains while accelerating UNI token burns.
Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows
AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity.
Bullish shares jump 10% as Q2 adjusted EBITDA more than triples
The crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high.
Trezor reports data from 14K users exposed through shipping provider
The wallet provider warned that thousands of users could potentially be at risk of phishing attempts, while advising that all devices, private keys and backups were safe.