by Michael
Key TakeawaysEvernorth now expects its merger to close Friday, Oct. 9.Nasdaq trading for the combined company is targeted for Oct. 12.Approximately 473 million XRP are anticipated at completion. Administrative Delay Moves Evernorth’s Nasdaq Target Investors awaiting... 
by Michael
Key TakeawaysWallets managed by the U.S. Marshals, a DOJ agency, moved 833.6 BTC worth $71M, their first bitcoin transfer since Aug. 26.Coinbase Prime entered the picture as government wallets tested BTC transfers tied to 2 major cases.Uncle Sam still sits on a hefty... 
by Michael
Key TakeawaysJudge Martha Pacold found Kalshi’s title-game contracts are likely swaps under the Commodity Exchange Act.Illinois’ licensing rules and a related criminal provision are likely preempted and cannot be enforced. Judge Says a Swap Is a Swap Kalshi has won a... 
by Michael
Key TakeawaysConduit says Tether froze $2.76M in USDT without a police request.Tether faces six claims as Conduit fights to regain its working capital.Conduit wants its $2.76M unfrozen plus profits tied to Tether’s reserves. Conduit Technology has taken the stablecoin... 
by Michael
Key TakeawaysWinklevoss Asset Services filed an SEC S-1 on Oct. 6 to launch a spot zcash ETF under the ticker WINK.The fund directly challenges Grayscale’s zcash product, expanding institutional access to privacy coins.Winklevoss Capital plans to buy up to $100M in... Translate »
