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It’s Not Just Baltimore: Kalshi and Polymarket Face More Legal Trouble

Baltimore has taken legal action against prediction market operators Kalshi and Polymarket, accusing both companies of offering illegal sports betting in the city. Mayor Brandon M. Scott and the Baltimore City Council filed separate lawsuits on August 13 in the Circuit Court. The cases allege violations of Baltimore’s Consumer Protection Ordinance and accuse the companies […]

XRP Ledger’s XAO DAO Plans Major Governance Upgrades to Boost Community Participation

XAO DAO is preparing a series of governance changes for the XRP Ledger over the next two to three months, according to Fabio Marzella, the organization’s co-founder. The planned changes would let members delegate voting power, adjust quorum rules, and access community mini-grants, as the DAO looks to make participation easier and more representative, at […]

Morgan Stanley’s XRP Exposure Emerges as Price Struggles Near $1

XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset’s yearly losses to almost 70%. Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP. Institutions Remain Unfazed […]

CZ Says Software Wallets Avoid Risks Seen in Trezor Leak

On August 13, Trezor disclosed that a data breach at its shipping partner, ShipMonk, exposed the personal information of roughly 13,700 recent customers, including names, phone numbers, and home addresses. Binance founder Changpeng Zhao (CZ) responded by arguing that the incident shows a real advantage of software self-custody wallets, since they don’t require shipping a […]

Chainlink (LINK) Flashes a Rare Signal Linked to Triple-Digit Rallies

Chainlink has surged by almost 8% over the past week despite choppy price action across the broader crypto market. The crypto asset may be setting up for a major move, according to crypto analyst Ali Martinez. What makes the setup particularly interesting is that some of the signals now appearing on LINK’s chart have historically […]

Non-Custodial Bitcoin Bridge Boltz Shuts Down After AI-Assisted Attacks

Boltz has suspended its Bitcoin swap service after a series of AI-assisted attacks caused losses for the bootstrapped five-person company, with the shutdown announced on August 3 and a new group of veteran Bitcoiners now preparing to take over the project. The episode points to a growing security problem for small open-source crypto services, where […]

$51M for Homes, Cars, and a Yacht: Regulators Target Goliath, CEO Delgado

Goliath Ventures and its CEO, Christopher Alexander Delgado, are facing action from two US financial regulators over the same alleged crypto Ponzi scheme. The actions came two months after Delgado pleaded guilty to charges in the case. Regulators Target Goliath The Commodity Futures Trading Commission filed a complaint against the company and Delgado in the […]

Trump Sued Over $100K Truth Social Feed as Trump Media Eyes Prediction Market Data Deals

US President Donald Trump was sued on August 12 in federal court in Manhattan over Truth API, the Truth Social feed that delivers his posts to paying subscribers for as much as $100,000 a month. Citizens for Responsibility and Ethics in Washington filed the complaint alongside Yale Law School’s Media Freedom and Information Access Clinic, […]