Conduit sues Tether over $2.76 million freeze, says it has ‘no legal entitlement’ to funds
Conduit is suing Tether in NY federal court, alleging the USDT issuer froze $2.76 million of its funds for over a year without explanation.
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Winklevoss group seeks to launch Zcash ETF with 0.25% fee, proposed WINK ticker
Winklevoss Asset Services filed for a spot Zcash ETF under ticker WINK, with Gemini as custodian and a 0.25% fee, rivaling Grayscale's ZCSH.
Solana treasury DeFi Development authorizes CHAD preferred stock buyback program
Solana treasury firm DeFi Development approved an open-ended program to repurchase CHAD preferred stock if it trades below its $10 par value.
Brevan Howard to use Ripple Prime for multi-asset brokerage, clearing and financing
Ripple Prime will provide prime brokerage, clearing and financing to Brevan Howard, deepening a tie that began with its Ripple investment.
Polymarket rolls out V2 upgrade with single ERC-1155 positions contract, pUSD collateral
Polymarket rolls out Protocol V2, replacing its legacy Gnosis-based setup with a single ERC-1155 positions contract and pUSD collateral.
Fortitude expands Zcash mining push with up to $100 million equipment commitment
Fortitude secured priority access to BITMAIN’s next-generation Zcash miners as it expands capacity and increases financing from DCG.
Rep. Don Davis introduces bill to stop federal candidates trading prediction market contracts tied to their own elections
Don Davis introduced legislation barring federal candidates and their families from trading prediction contracts tied to their own elections.
Spiko raises $90 million to expand tokenized cash funds across markets
Spiko raised $90 million in Series B funding to scale its $2.7 billion tokenized cash fund business and expand into new markets.
ZachXBT says he fronted $349,700 to infiltrate alleged Chinese launderers tied to Lazarus, Bybit hack
Posing as a client, ZachXBT said he gathered intelligence that helped freeze funds tied to the $1.5 billion Bybit hack.
Ondo launches onchain private-company exposure, starting with AI
Ondo Finance launched a private-markets platform with tokenized notes tied initially to a pre-IPO artificial intelligence company.
Treasury withdraws crypto mixing rule, citing concerns over ‘chilling effect on legitimate activity’
FinCEN is withdrawing a proposal that would've designated crypto mixing a "primary money laundering concern" under the PATRIOT Act.
Umia raises $6.1 million at $18 million FDV to help crypto projects launch tokens
Umia raised $6.11 million through a seven-day auction of its UMIA token, with ten funds and nearly 700 individual bidders taking part.