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... 
by Michael
Key TakeawaysFortitude signed for up to $100M of Bitmain zcash miners, with shipments targeted for Q2 2027.The deal signals a major non-bitcoin mining bet and could expand the Zcash network’s proof-of-work infrastructure.Fortitude’s next step is turning the... Translate »
