The NCAA wants the CFTC to tighten rules on college sport prediction markets, including age and advertising restrictions and anti-harassment measures. The National Collegiate Athletic Association (NCAA) has called on the Commodity Futures Trading Commission to suspend college sports prediction markets until rules are implemented to protect student athletes. NCAA president Charlie Baker asked CFTC … Read more
Multinational banking giant State Street has launched an institutional digital asset platform, aimed at helping businesses navigate the sector and launch a range of crypto products. State Street said on Thursday its platform aims to bridge traditional assets to crypto via tokenization and will support the creation of tokenized money market funds, exchange-traded funds, as … Read more
US homebuilder Megatel Homes is set to launch a crypto rewards platform after receiving a Securities and Exchange Commission “no-action” letter. Megatel said on Thursday that the platform, dubbed MegPrime, would give users rewards for using “MP Tokens,” such as using them to pay their rent to earn back tokens that can be used for … Read more
Electronic brokerage giant Interactive Brokers has expanded its crypto offering, allowing clients to fund their accounts using stablecoins. Interactive Brokers said on Thursday that it inked a collaboration with stablecoin infrastructure provider zerohash to allow clients to fund their accounts with USDC (USDC) on the Ethereum, Solana, or Base blockchains. It added that deposited stablecoins … Read more
Crypto prices were a mixed bag in 2025, but behind the scenes and away from the market volatility, so-called “structural pillars” like user access, settlement rails and regulations improved, says Binance. Prices across the crypto market fluctuated significantly throughout 2025, with Bitcoin (BTC) swinging between a low of $76,000 in April and a new all-time … Read more
Ethereum network activity has shown a sharp increase in new users, with “activity retention” almost doubling over the past month, according to crypto on-chain analytics platform Glassnode. Month-over-month “activity retention” shows a sharp spike in the new cohort, “indicating a surge in first-time interacting addresses over the past 30 days,” Glassnode reported on Thursday. It … Read more
Crypto market sentiment has dropped after hitting a multi-month high, as the crypto industry in the US is divided over a Senate version of a highly-awaited crypto market structure bill. The market sentiment-tracking Crypto Fear & Greed Index, slid by 12 points on Friday to a “neutral” score of 49 out of 100, dropping from … Read more
Crypto usage in Iran has spiked amid the country’s mass protests, with a surge of Iranians withdrawing Bitcoin to preserve value amid instability, according to Chainalysis. Protests in Iran began around Dec. 28 over worsening economic conditions, after the Iranian rial hit record lows against the US dollar. Demonstrations escalated nationwide, with Iran’s regime responding … Read more
A recently-discovered ransomware dubbed “DeadLock” is stealthily exploiting Polygon smart contracts to rotate and distribute proxy addresses, say researchers at cybersecurity firm Group-IB. The company reported on Thursday that the DeadLock ransomware, first discovered in July, has seen “low exposure” as it isn’t tied to any known data leak site or affiliate programs and has … Read more
Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator over allegations it issued thousands of loans to state residents without properly assessing their ability to repay. The California Department of Financial Protection and Innovation (DFPI) said on Wednesday that Nexo made at least 5,456 consumer and commercial loans to Californians without … Read more