Global Regulatory Intelligence

Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says

Bitget lost $351.6 million after attackers compromised a wallet backend, spoofed transaction data, Chen said on X.

New York sues Polymarket, alleging it is running an illegal gambling operation

The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains.

U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins

The Fed proposed rules on putting last year's GENIUS Act into place with regulations, including those governing stablecoin yield programs.

Fed proposes new capital, redemption rules for stablecoin issuers

The Fed’s proposal would set capital requirements, a two-day redemption window and new reserve disclosures as regulators implement the GENIUS Act.

Crypto exchange Bitget says $352 million affected in a hack, claims user funds are 'safe'

Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements.

Federal Reserve Unveils Stablecoin Rules on Reserves and Capital

The central bank opened two proposals for comment under the GENIUS Act, requiring issuers it supervises to back tokens fully with safe assets and creating an application process for banks seeking to issue stablecoins.

CFTC updates guidance on tokenized assets, blockchain records after failed vote

Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.“

Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets

A newly created wallet drained hot and cold reserves labeled as belonging to Bitget across multiple blockchains in under an hour.

Someone was trying to sell Ondo Finance after founder Nathan Allman's death

The company has vehemently denied that it was shopping for buyers. Allman’s estate declined to comment.

Bullish, Alpaca and Apex Fintech form coalition to push issuer-backed tokenized stocks

The group aims to link onchain shares to official shareholder records following the U.S. SEC's innovation exemption for tokenized stock trading.

U.S. commodities firms can invest in tokenized assets, use blockchain records: CFTC

The U.S derivatives regulator is grinding away at further guidance that welcomes tokenization and blockchain recordkeeping as regular industry elements.

The stock token debate, and the gap nobody can close alone

The argument over Robinhood’s AMC token has been about which tokenization model is legitimate, and the SEC has drawn a line. The question to ask now is what has to be true for any of it to be a market, argues Bullish’s T

Humans Are Reading Your ChatGPT Chats, New Lawsuit Claims

A proposed class action accuses OpenAI of quietly routing real conversations to outside contractors through a program called Project Lily—without telling users first.

Meta's New AI Toy Is a Keychain That Watches, Listens, and Never Blinks

Muse Charm is Meta's palm-sized gadget for talking to its Muse AI agent on the go. It has cameras, a fingerprint sensor, and its own cell connection.

Bitcoin just topped a key long-term moving average. Here's what it might mean

Bitcoin’s return above its one-year average excited chart watchers. AltcoinPro Research says the more important signal is whether it can stay above its 200-day average.

AI Can Now Doxx Your Anonymous Accounts? Here's What’s Going On

A February research paper showing AI can unmask pseudonymous internet users is freaking everyone out again this week. Here's what the paper actually says.

New York Wants to Ban Polymarket, Lawsuit Calls It 'Illegal Gambling Operation'

Attorney General Letitia James and Governor Kathy Hochul allege the prediction market operates without a license and exposes New Yorkers to gambling harms.

In Her Final Weeks, SEC's Peirce Calls for Ending the KYC 'Panopticon'

In one of her final speeches as commissioner, Peirce argued that regulators' "data haystacks" endanger the people they aim to protect—as recent KYC leaks expose crypto holders to phishing and physical attacks

US Aims to Turn Stablecoins Into a Weapon for Dollar Dominance

Washington may fund private stablecoin ventures abroad to protect the dollar's reserve status and prop up Treasury demand.

Bitcoin Breakout Cools as Fed Rate-Hike Bets Climb

Bitcoin has slipped back below $85,000 after tagging an eight-month high near $87,400 last week, with rising odds of an October Fed hike taking some air out of the rally.

Crypto casino Duelbits goes offline after $7 million hot wallet hack

Attackers drained Duelbits' hot wallets across four blockchains; about $6 million in stolen funds now sits in a single Ethereum address.

New York sues Polymarket over alleged illegal gambling business

The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation.

Bitcoin’s bear markets are getting milder. Bull markets may be next

Bitcoin’s latest bear market was milder than past crashes as ETFs, institutional investors and a maturing market reshape its cycles.

£10K Reward Offered After UK Couple Attacked in Crypto Home Invasion

Police believe the robbery was planned and targeted, with instructions relayed to the three attackers by a fourth man on a video call.

UK’s largest banks complete world’s first interbank transactions using tokenized deposits

Barclays, NatWest, and HSBC and others used tokenized deposits for remortgages and a marketplace-payment test, taking bank-issued digital cash beyond a single institution.

Crypto for Advisors:The hidden costs of holding your own bitcoin

European stablecoin issuer Qivalis sees transformation of global trade finance

Jan-Oliver Sell, the CEO and founder of Qivalis, said the entire trade finance supply chain is moving into stablecoins.

Solana Foundation Hires Binance's Former Global CMO for Institutional Push

Rachel Conlan arrives as chief strategy officer and Polygon Labs' Jamal Raees takes over payments, both recruited from elsewhere in crypto.

Decrypt Media and FOMO Hour’s Thought Leader Farokh Sarmad to Take Main Stage at NEXTPredict NY Conference

Premier Partnership will livestream the Main Stage through Decrypt Media and bring Rug Radio and FOMO HOUR programming onsite.

Elliptic Wants Every Cop to Read a Crypto Wallet in Seconds—With AI

Elliptic’s new AI-assisted tool, called Pulse, lets any officer input a wallet address or transaction hash and get a plain-language summary in seconds, aiming to bring crypto tracing beyond specialized units.

Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes

The ARK Venture Fund is bringing exposure to sought-after private tech companies onchain through Securitize, first on Ethereum then potentially expanding to other chains.

Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push

Rachel Conlan and Jamal Raees join as Solana aims to court institutions moving payments and assets onchain.

Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case

The $2 billion digital-asset investment firm rolls out an initiative to back, build and provide liquidity to projects bringing real-world yields into DeFi.

EU's financial regulator to make AI and tokenization a supervisory priority in 2027

European regulators will map how financial firms use the technologies in client-facing products and begin checks on the most affected businesses.

Morning Minute: Selig Says ‘It’s Go Time’ for CFTC Crypto Rules

The CFTC has been extremely busy ever since the Clarity Act failed its vote, and it appears they’re ready to accelerate.

Brooklyn man sent to prison for 12 years for stealing $16M in a Coinbase phishing scheme

The fraudster managed to scam about 100 people across the United States, convincing them of transferring funds to him, claiming their accounts had been hacked.

Litecoin token has its moment as network activity booms

Your day-ahead look for Sept. 24, 2026

Live updates: Oil back on the rise as Iran denies report of deal talks

Bitcoin pulled back to $84,000 as stocks slipped and interest rates rose alongside surging oil prices.

Q-Day Could Arrive Before Quantum Computers Are Commercially Useful, EU Warns

The threat could arrive before quantum computers are commercially useful, and member states have until the end of 2026 to plan for it.

Bitcoin slides to $83,300 as bond yields hit highest level since 2007

The 10-year Treasury yield reached its highest since 2007, sending U.S. stocks and crypto lower before Asian and European traders bought the dip.

EU banking watchdog calls for crypto lending rules under MiCA

The EBA outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission’s MiCA review.

Traders price in 4 Fed rate hikes by June 2027 as bitcoin slides below $83,000

The four-hike path is the most likely outcome, while rising bond yields and a stronger dollar weigh on bitcoin and gold.

The data proves it: Bitcoin doesn't care about rising bond yields over long-term

Long-term, BTC ignores rising bond yields. In the short term, however, surging bond volatility could easily dampen crypto's animal spirits.

EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption

The warning brings renewed urgency to the debate over how bitcoin should deal with legacy addresses whose public keys are already exposed onchain.

Brooklyn Man Who Bragged About $16M Coinbase Scam Gets Up to 12 Years

He posed as support staff, emptied about 100 accounts, then lost $6 million of the proceeds gambling, according to his own messages.

US weighs overseas push for dollar-backed stablecoins: Bloomberg

The reported initiative could involve private-sector companies and several US agencies as Washington looks to expand the international use of dollar-backed stablecoins.

Anthropic Says Claude Found Something Big in DNA. It Just Doesn't Know What

Anthropic says Claude autonomously found a new CRISPR-like enzyme system. Even Dario Amodei admits nobody knows what it actually does.

An AI Agent Just Hacked a Government Website for the First Time, Australia PM Says

Anthony Albanese said the agent accessed public and non-public files on a Medicare statistics portal in June, calling OpenAI's three-month delay in disclosing the breach "unacceptable."

OpenAI Gives Ukraine Access to Daybreak AI Cyber-Defense Tool

OpenAI is giving Ukraine's government access to Daybreak, its AI vulnerability-hunting system, as the country's cyber defenders face a record wave of attacks on hospitals, power grids, and government networks.

Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility

SEC Commissioner Mark Uyeda said that the agency dropped many cases against crypto companies in early 2025 to avoid potential credibility problems in court.

China Probes DeepSeek and Moonshot Over Alleged Data Leaks to Anthropic's Claude

China's internet regulator is investigating DeepSeek and Moonshot AI after Anthropic accused both of secretly routing millions of user exchanges through Claude to train their own models.

Meta's Muse AI Agent Read a User's Private iMessages. Then It Lied About How

A tech columnist declined to give Meta's new AI agent access to his messages. It read them anyway, then invented an explanation for how it knew.

US lawmakers from gaming states urge SCOTUS to take up Kalshi case

The case between New Jersey authorities and a prediction market company, if accepted by the Supreme Court, could result in clarity for state and federal officials over sports bets.

Zcash's Wall Street Moment Reaches Europe With Its First ETP Listing

21Shares listed Europe's first Zcash exchange-traded product on Euronext Paris and Amsterdam this week as ZEC continues its banner year.

$15.6 Billion in Bitcoin Options Expire Friday—Here's What It Means

Deribit's strike-by-strike data shows a book stacked with calls, and one price level drawing hedging pressure from both sides at once.

Borrow Against Your Bitcoin at a Fixed Rate: Coinbase Expands Morpho Loans

The product lets users lock in their rate and repayment date when borrowing USDC against Bitcoin, marking the first enterprise-scale deployment of Morpho Midnight and a shift away from on-chain lending's variable-rat

Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know

BitMEX ended trading at 04:00 UTC Wednesday and is urging users to withdraw their remaining funds, as fees now apply to balances left on the exchange.

Canada's Six Biggest Banks Team Up on a Shared Digital-Dollar Network

RBC, TD, BMO, Scotiabank, CIBC and National Bank are jointly exploring a Canadian-dollar tokenized deposit system, starting with transfers between the banks themselves.

NYSE Taps Blockchain.com to Reach Crypto Investors With Tokenized Stocks

Blockchain.com and NYSE Group signed a preliminary agreement to give the crypto exchange's users access to tokenized U.S. stocks and ETFs, pending regulatory approval.

Americans Would Use Stablecoins—If They Came With Bank Protections, Visa Study Finds

A Visa survey found U.S. willingness to use stablecoins for cross-border transfers rises from 36% to 56% when paired with hypothetical bank-level fraud protection and deposit insurance.