Kalshi Backs New Lobbying Group for Prediction Markets
Kalshi has backed the launch of Americans for Fair Markets, a new lobbying group created to advocate for prediction markets as federal scrutiny intensifies.
Crypto Market
Market-moving crypto news: price action, fund flows, ETFs, stablecoin supply and the policy decisions traders watch. Regulation, stablecoins and ETF coverage all sit under this section.
129 stories
StablR Stablecoins Lose Pegs After Multisig Takeover
StablR’s EURR and USDR stablecoins lost their pegs on May 24, 2026, after an attacker exploited a 1-of-3 multisignature setup to seize administrative control of minting…
Bitcoin ETF Outflows Pressure Recovery Near $81,400
U.S. spot Bitcoin ETFs recorded roughly $1.7 billion in outflows over the five days ending May 21, 2026, while posting about $979.7 million in net outflows for May.
Fed Floats “Skinny” Master Accounts for Crypto and Fintech Firms
The Federal Reserve opened a public comment period for a proposal that could give legally eligible non-bank financial institutions restricted direct access to core Fed…
Missouri Sues CoinFlip Over Alleged Crypto ATM Fraud Failures
Missouri Attorney General Catherine Hanaway filed a lawsuit in late May 2026 against GPD Holdings LLC, the operator of CoinFlip, accusing the company of knowingly…
Treasury Sanctions Sinaloa-Linked Crypto Laundering Networks
The U.S. Treasury Department sanctioned two networks tied to the Sinaloa Cartel on May 20, 2026, citing fentanyl trafficking and the conversion of illicit proceeds into…
Meta Cuts 8,000 Jobs as AI Reorganization Accelerates
Meta Platforms launched a major reorganization on May 20, 2026, cutting roughly 8,000 jobs, about 10% of its workforce, while employees in Singapore were among the first…
Non-USD Stablecoins Struggle to Break Dollar Dominance
Non-USD stablecoins still account for only about 0.24% to 0.5% of the broader stablecoin market, based on aggregated April-May 2026 data.
Truth Social Pulls Crypto ETF Filings in Strategic Reset
Trump Media-backed Truth Social withdrew registration statements for three proposed crypto exchange-traded funds on May 19 and 20, 2026, pausing plans for spot and…
Minnesota Prediction Market Ban Draws Swift CFTC Challenge
Minnesota has moved prediction markets into the center of a high-stakes regulatory fight after Governor Tim Walz signed a law making the operation or promotion of such…
Galaxy Secures New York BitLicense and Money Transmitter Approval
Galaxy Digital received a BitLicense and Money Transmission License from the New York State Department of Financial Services, authorizing GalaxyOne Prime NY to offer…
FSC Reviews Hana Bank’s Dunamu Stake Under Bank-Crypto Separation Rules
South Korea’s Financial Services Commission is reviewing Hana Bank’s planned 6.55% stake in Dunamu, the operator of Upbit, after the bank announced the deal in mid-May.
Grayscale and VanEck Advance Spot BNB ETF Filings After SEC Feedback
Grayscale and VanEck submitted amended S-1 registration statements in mid-May, signaling active SEC engagement on proposed U.S. spot BNB ETFs.