by Michael
Key TakeawaysRaymond Johnson won $1M on a $10 Triple Red 777 Jackpot ticket on his porch.He took the $600,000 lump sum over a $50,000-a-year, 20-year annuity.Two of the game’s three $1 million top prizes have been claimed since July. One Ticket, Two Days, and the...
by Michael
Key TakeawaysKPMG issued Tether an unqualified opinion on its financial statements for 2025.Tether reported reserves exceeded token liabilities by $6.814 billion on Dec. 31, 2025.Stablecoin issuers face growing pressure to match Tether’s audit standard after 2026....
by Michael
Key TakeawaysWintermute plans $1B over 5 years for AI and HFT as it expands beyond crypto.Wintermute’s volume fell from $15B to $10B daily, accelerating its push into traditional markets.Wintermute aims for 50%+ non-crypto revenue by the end of 2027. Wintermute...
by Michael
Key TakeawaysUBS held about $90 million of Blackrock IBIT shares as of June 30, 2026.UBS’ 230% value increase remains tiny beside its $7.3 trillion in invested assets.UBS’ next 13F filing will show whether its 2.5 million-share IBIT position grows. The Swiss bank...
by Michael
Key TakeawaysMiCA consolidated the EU crypto market, with only about 20% of existing firms receiving authorization.The rules successfully isolated high-risk companies, reducing European exposure to sanctioned entities.The EU plans a full revision of the MiCA framework...
by Michael
Key TakeawaysMore than 40 groups, including Coinbase, signed the Aug. 10 artificial intelligence (AI)-access letter.Bitcoin’s $1 trillion-plus ecosystem faces faster AI-assisted vulnerability searches.AI labs may respond to five requested access measures in the coming...
by Michael
The following guest post is written by Peter Wilkinson, CEO of the crypto exchange BitMEX. My name is Peter Wilkinson, current CEO of BitMEX. I joined BitMEX out of the traditional finance sector where I’d been an in-house lawyer at an insurance company. I received an...
by Michael
Key takeaways XLM remains under pressure at $0.160. Positive funding rates for both tokens offer limited hope of a recovery. XLM must reclaim the $0.176–$0.180 area to improve its outlook. XLM continues to trade below several major moving averages. Mixed derivatives...
by Michael
Key TakeawaysSeoul Southern District Court sentenced Delio CEO Jeong Sang-ho to 15 years on Aug. 13.Delio’s case involves about 70 billion won, or $49.2 million, in customer crypto assets.Delio creditors will watch liquidation and any appeal after the November 2024...
by Michael
Key takeaways Hyperliquid gained 2% on Thursday after advancing nearly 3% in the previous session. Hyperion DeFi’s HYPE holdings recorded a $31 million fair-value increase during the second quarter. HYPE futures Open Interest rose more than 4% to $2.38 billion, while...
by Michael
Key TakeawaysMonaco submitted Bill No. 1131 on Aug. 6 to replace Law No. 1.528 and reform crypto rules.The CCAF will enforce MiCA and FATF standards following Monaco’s 2024 grey-listing.National Council approval of Bill No. 1131 will trigger secondary technical rules...
by Michael
Key TakeawaysMaryland Lottery paid a Waldorf player $50,000 twice within about 1 year.Dash In sold the July 17 ticket, highlighting the tech behind lottery validation.Maryland Lottery’s 2 wins show how secure systems handle prizes and claims. For about 20 years, a... Translate »