Author: Tristan Lodenberg

A federal court in Ohio has denied a request from prediction markets platform Kalshi seeking to block state authorities from regulating certain contracts linked to sports events. The ruling came from the United States District Court for the Southern District of Ohio, where Chief Judge Sarah Morrison concluded that the company failed to demonstrate that federal law overrides Ohio’s sports gambling regulations. Kalshi had argued that its sports event contracts fall under the exclusive jurisdiction of the Commodity Futures Trading Commission, claiming federal commodities law should preempt state oversight. The court, however, determined that the company did not sufficiently prove…

Stani Kulechov, founder and CEO of Aave, has urged the crypto community to rethink how decentralized autonomous organizations operate. In a recent essay, Kulechov argued that while DAOs remain important to decentralized finance, their current governance structures often slow down decision-making and hinder innovation. Aave, widely considered one of the largest lending platforms in Decentralized Finance, relies on a DAO structure intended to give AAVE token holders a role in guiding protocol development. However, Kulechov said governance processes frequently become bogged down by lengthy discussions, multiple voting rounds and internal politics. Governance Disputes Trigger Debate Inside the Aave Community The…

Exchange traded funds linked to Solana are drawing notable interest from institutional investors, according to recent market analysis. Data indicates that roughly 49% of assets in U.S. spot Solana ETFs were identifiable through regulatory 13F filings by the end of December. Investment advisers accounted for the largest share of disclosed holdings, representing around $270 million in exposure. Hedge funds followed with approximately $186 million. Among the largest known holders are firms such as Electric Capital and Goldman Sachs. Despite a decline of more than 50% in Solana’s market price since October, cumulative inflows into Solana ETFs have reached about $1.45…

U.S. crypto market oversight is entering a new era, according to Commodity Futures Trading Commission Chair Michael Selig. Speaking at the FIA annual conference, Selig declared that the U.S. is “now the crypto capital of the world” and outlined plans to provide clearer rules for digital asset markets. Project Crypto and Asset Classification Selig introduced the Project Crypto Initiative in collaboration with SEC Chair Paul Atkins, aiming to harmonize regulatory guidance between the CFTC and SEC. The initiative will establish a crypto asset taxonomy, helping market participants determine whether products fall under CFTC, SEC, both, or neither jurisdiction. Guidance for…

Early Signs of Capital Rotation from Gold to Bitcoin US Bitcoin exchange traded funds have recorded $273 million in net inflows over the past 30 days, reversing a previous $1.9 billion outflow. Meanwhile, gold-backed ETFs, including the largest US fund GLD, saw a $3 billion outflow on Wednesday, the largest single-day withdrawal in over two years. Diverging Trends in ETF Holdings Measured in native units, Bitcoin ETF balances increased by 4,021 BTC since early February, while gold ETF holdings fell from 1.4 million ounces to 621,100 ounces. Analysts suggest this divergence reflects profit-taking in gold following its 65% annual gain…

Trust Wallet has launched a real time security feature designed to protect crypto users from sending funds to fraudulent wallet addresses. The update introduces automatic address screening that checks destination wallets against a database of known scam and lookalike addresses before transactions are confirmed. The protection system is initially available across 32 Ethereum Virtual Machine compatible networks. These include major blockchains such as Ethereum, BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche and Base. Rising Threat of Address Poisoning Attacks Address poisoning is a phishing tactic where scammers send small transactions to victims so their malicious wallet appears in transaction history.…

Anthropic has filed a lawsuit against several U.S. federal agencies, alleging its artificial intelligence products were effectively barred from government procurement without the legal procedures required to ban a vendor. The complaint was submitted to the United States District Court for the Northern District of California and names departments including Treasury, Commerce, State, Health and Human Services, Veterans Affairs, and the General Services Administration. The company argues that officials imposed nationwide restrictions on its AI tools without formal determinations, documented evidence, or an interagency review process. Dispute Centers on Claude AI Systems Anthropic claims its Claude AI systems were informally…

Starknet is developing a new token framework called STRK20 designed to enable privacy-focused stablecoins and digital assets while maintaining regulatory compliance. The system, created by StarkWare, is expected to launch later this year on the Ethereum Layer-2 network. The framework embeds confidentiality directly into tokens rather than relying on external tools. This design allows transactions and balances to remain shielded while still supporting decentralized finance applications. The technology is also intended to remain compatible with the widely used ERC‑20 standard across the Ethereum ecosystem. Token-Level Confidentiality for DeFi and Payments STRK20 shields key transaction details such as sender, receiver, token…

Federal prosecutors in the United States have asked a judge to schedule an October retrial for Roman Storm, co-founder of Tornado Cash, after jurors failed to reach a unanimous decision on two charges during his previous trial. The request was submitted to the United States District Court for the Southern District of New York following a deadlock on allegations related to money laundering and sanctions violations. Storm was previously convicted on a separate charge involving the operation of an unlicensed money-transmitting business. He remains free on bail while legal proceedings continue. Storm’s legal team argues that scheduling another trial now…

Authorities in South Korea have sold 320.8 units of Bitcoin that were recovered after a phishing incident temporarily removed the digital assets from government custody. The Gwangju District Prosecutors’ Office confirmed the sale generated approximately 31.59 billion Korean won, or about $21.5 million, which has been transferred to the national treasury. To limit potential market disruption, officials sold the bitcoin gradually in small batches over an 11-day period between Feb. 24 and March 6. The crypto had originally been seized from a suspect accused of operating an illegal gambling platform that allegedly processed around 390 billion won in wagers between…