Pokemon Collector Found Guilty in $55 Million Crypto Hack CaseA cybersecurity consultant was found guilty of stealing nearly $55 million in cryptocurrency, some of which was spent to acquire rare Pokemon cards and other collectibles.
Kalshi Submits Bid for Perpetual-Style Oil Contract to CFTCKalshi Inc. has filed a proposal for an oil-linked futures contract that only expires every decade with the Commodity Futures Trading Commission, according to the company.
Winklevoss Twins Prep Zcash ETFs as Privacy-Coin Trade SurgesCrypto entrepreneurs Tyler and Cameron Winklevoss used the opening day of the Token2049 conference to make the case for their proposed Zcash exchange-traded fund, touting the privacy-preserving features of the Bitcoin offshoot.
Bitcoin Falls as $720 Million in Risky Crypto Bets Wiped OutCryptocurrencies fell on Wednesday as a wave of forced selling swept across digital-asset venues, with broader market jitters further weighing on risk appetite.
Stocks Fall From All-Time Highs on Inflation Worry: Markets WrapA record-breaking run in stocks hit a wall as still-elevated oil prices stoked concerns that potential inflationary pressures could trigger Federal Reserve interest-rate hikes.
ECB’s Cipollone Says Digital Euro to Give Banks Competitive EdgeThe digital euro will help European banks to better compete, according to European Central Bank Executive Board member Piero Cipollone.
UK Picks Six Banks for Digital Gilt Issuance by Early 2027The UK Treasury has appointed six banks — including Barclays Plc, Morgan Stanley and HSBC Holdings Plc — as joint lead managers for the pilot issuance of the country’s digital gilt instruments, as part of a push to modernize how the nation’s capital markets operate.
Crypto Exchange OKX Raises at $25 Billion From StanChart, CircleCrypto exchange operator OKX has raised new funding at a $25 billion valuation, drawing fresh capital from existing partners and the hedge fund Qube Research & Technologies.
Tether’s Washington Charm Offensive Collides With Iran ScrutinyOn Sept. 18, Tether gathered more than a hundred people for a black-tie soiree in Charlotte, North Carolina. The guests had come to celebrate the imminent opening of the stablecoin giant’s US headquarters in the Queen City. Among those attending was White House crypto adviser Patrick Witt, according to two people in attendance, who asked not to be identified discussing the closed-door event. Cantor Fitzgerald Chairman Brandon Lutnick was also there, one of the people said.