South Korea Targets 26 Polymarket Users in $12.7M Betting Case
South Korean police booked 26 Polymarket users over 17.6 billion won in alleged illegal bets, with 18 cases now referred to prosecutors.
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UK crypto firms face fresh FCA authorization process
The UK Financial Conduct Authority has issued final guidance requiring crypto firms to reassess their permissions before applications open on Sep. 30 for a regulatory regime taking effect in October 2027. FCA guidance defines which crypto firms need approval The…
Bitcoin price tests $75K as Supertrend turns bearish
Bitcoin price traded near $76,200 after a volatile week as the failed CLARITY Act vote and the Federal Reserve’s rate increase kept pressure on the market. Technical indicators now point to resistance near $78,600, while liquidation data places the main…
Celsius estate sues BitMEX over $495M in Bitcoin liquidations
Celsius Network’s bankruptcy estate has sued BitMEX for the return of 6,360.17 Bitcoin, worth about $495 million, over forced liquidations carried out during the March 2020 COVID market crash. The complaint, filed on Sep. 12 in the U.S. Bankruptcy Court…
Revolut hackers demand $3M in Monero after data breach
Hackers behind the Revolut customer data breach have demanded 6,000 Monero, worth about $3 million, while threatening to sell the stolen records unless the bank pays within 24 hours. How Revolut hackers set the 24-hour deadline The Financial Times reported…
Fed raises rates by 25 bps in first hike since 2023
The Federal Reserve has raised its benchmark interest rate by 25 basis points to 3.75%–4%, delivering its first increase since July 2023 as inflation and energy costs remain elevated. Fed rate hike receives unanimous FOMC support The Federal Reserve said…
US crypto tax bill clears House committee in 38-5 vote
The U.S. House Ways and Means Committee has advanced the Digital Asset Tax Certainty Act in a 38-5 vote, moving the first proposed federal tax framework for digital assets toward consideration by the full House. Crypto tax bill advances with…
Bitcoin dip-buying rises below $77,100, but spot demand lags: Bitfinex
Bitcoin has fallen 3.2% to a $75,702 close after losing the $77,100 range floor, while futures data has shown traders rebuilding long positions despite weak U.S. spot demand. Bitfinex Alpha said in a Sep. 16 market update that Bitcoin traders…
Zcash price surges 20% as bulls target $1,500
Zcash price rallied more than 20% on Sep. 16, breaking above $1,300 as network upgrade optimism helped ZEC resist a broader crypto market sell-off. Zcash price action today According to data from crypto.news, Zcash (ZEC) price traded at approximately $1,337…
CLARITY Act failure shifts US crypto rules to agencies: experts
The failed Senate vote on the CLARITY Act has shifted attention toward the SEC and CFTC, while crypto founders and investors prepare for a longer period without a federal market structure law, industry experts told crypto.news. The U.S. Senate failed…
Aave plans Avalanche RWA hub with Tether’s USA₮
Aave has announced an Avalanche credit hub that will let institutions borrow USA₮ against tokenized assets as the RWA market exceeds $51 billion and Avalanche hosts more than $3.4 billion of the assets. Aave RWA Hub will turn tokenized assets…
Bitcoin cannot activate any soft forks for now, LayerTwo Labs CEO says
Bitcoin has failed to activate every proposed soft fork since Taproot went live in 2021, leading Drivechains inventor Paul Sztorc to argue that the network cannot approve any such upgrade for the foreseeable future. Paul Sztorc, Co-founder and CEO of…