CryptoBreakingNews

Tether Faces Lawsuit Over Frozen Pig-Butcher Coins in Asia Update
Two Thai businessmen have filed a lawsuit in a New York district court accusing Tether of unlawfully freezing $42.4 million in Tether USDt (USDT) during a pig butchering investment fraud case. The plaintiffs s...

Kalshi Moves to File CFTC Approval for 24/5 WTI Perpetual Futures
Kalshi, the prediction-market platform, is reportedly looking to expand into energy derivatives with a West Texas Intermediate (WTI) crude oil perpetual futures contract that would never expire—potentially pos...

Nvidia to Buy Hugging Face for $12.9B, Bolstering AI Software Push
Nvidia has agreed to acquire Hugging Face for $12.93 billion, a move that expands the chipmaker’s footprint beyond hardware into the software and developer tools at the center of today’s AI build cycle. The d...

Michigan Still Pursues Kalshi Ban as Supreme Court Case Nears
Michigan has escalated its efforts to rein in Kalshi, a prediction markets platform, by securing a preliminary injunction that blocks the company from offering event contracts to residents. The state’s attorney ge...

Bitcoin Holds Above $80K as DXY Slips on Suspected Yen Intervention
Bitcoin pushed higher during US trading hours, climbing about 5% to trade near $81,000. The rally coincided with renewed volatility in Japan’s yen, where investors appear to be responding to suspected Bank o...

Michigan Continues Legal Fight to Block Kalshi Ahead of Supreme Court Ruling
Michigan’s attorney general says a state court has issued a preliminary injunction against Kalshi, preventing the prediction markets platform from offering event contracts to residents. The order, a...

VARA and Securitize Sign MoU to Expand Tokenization in Dubai
Dubai’s regulator VARA has signed a Memorandum of Understanding (MoU) with Securitize, a tokenization platform backed by BlackRock, aiming to deepen regulated tokenization capabilities across the United Arab Emirat...