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crypto.news

Kalshi bans George Santos for $17,839 market manipulation

Kalshi has permanently banned former U.S. Representative George Santos and imposed a $71,356 penalty after finding that he manipulated an attendance market to earn $17,839.57. Kalshi’s Aug. 28 disciplinary notice said Santos placed large trades between Feb. 2 and Feb.…

crypto.news

Lazarus moves $30M through Hyperliquid as US talks advance

Wallets linked to North Korea’s Lazarus Group have sold more than $30 million in Bitcoin through Hyperliquid over three weeks as U.S. officials and Payward explore regulated access to the platform. Lazarus-linked wallets convert Bitcoin into ETH and SOL Arkham…

crypto.news

Hyperliquid, Kraken parent explore regulated U.S. futures launch

Hyperliquid Labs and Kraken parent Payward have entered advanced talks to offer selected Hyperliquid-linked perpetual futures to U.S. traders through CFTC-regulated exchange Bitnomial. Hyperliquid could reach U.S. traders through Bitnomial Bloomberg reported on Aug. 31 that Hyperliquid Labs and Payward…

BeInCrypto

The Stablecoin Race Could Make Bank Loans More Expensive

Stablecoins could make borrowing more expensive. That was the warning from Bank for International Settlements chief Pablo Hernández de Cos on August 28, as banks expand into digital money. These digital assets are becoming an awkward asset class for banks.…