Daily Crypto News & Musings

Latest Crypto Industry News and Insights

CFTC Approves First U.S. Bitcoin Perpetual Contract, Bringing BTC Perps Onshore

The CFTC has approved the first onshore Bitcoin perpetual contract in the U.S., giving traders a regulated domestic venue for one of crypto’s most heavily used derivatives while pulling a major chunk of BTC market activity out of the offshore swamp. First U.S.-approved Bitcoin perpetual contract CFTC oversight brings more legal clarity Leverage risk is […]

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TrapDoor Malware Hits npm, PyPI and Crates.io in Crypto Supply Chain Attack

TrapDoor is a supply chain attack that hid malware inside open-source packages used by crypto, blockchain, and AI developers across npm, PyPI, and Crates.io. The goal was ugly and familiar: steal wallet keys, cloud credentials, GitHub tokens, SSH keys, and anything else that could unlock money or infrastructure. 34+ malicious packages spread across npm, PyPI, […]

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Coinbase Wins CFTC Approval to Offer U.S. Crypto Perpetual Futures and Options

Coinbase just won a major CFTC approval that could pull a meaningful slice of crypto derivatives trading back onto U.S. soil, giving American traders regulated access to products that have long been dominated by offshore venues. CFTC approval: Coinbase can expand regulated crypto derivatives access in the U.S. First mover: first CFTC-regulated FCM allowed to […]

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CFTC Approves First Regulated Bitcoin Perpetual Futures on U.S. Exchange

The U.S. has approved its first regulated Bitcoin perpetual futures contract on a CFTC-registered exchange, a major shift that could bring one of crypto’s biggest trading products out of offshore limbo and into the American regulatory fold. First regulated Bitcoin perpetual approved Kalshi’s BTCPERP gets the green light Offshore giants may face real U.S. competition […]

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Coinbase Opens U.S.-Regulated Access to Crypto Perpetuals and Options

Coinbase just opened a regulated lane into one of crypto’s most important markets: perpetual futures and options. For U.S. institutions, that’s a serious upgrade. For everyone else, it’s a sign that the U.S. may finally be moving from hand-wringing to something closer to reality. Coinbase Financial Markets is now the first U.S.-regulated FCM connected to […]

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Amboss Targets Enterprise Lightning Adoption as Bitcoin Payments Infrastructure Grows

Amboss is making a straightforward bet: if the Lightning Network is going to power real Bitcoin payments at scale, somebody has to build the boring-but-essential infrastructure first. Episode 737 of the BlockHash Podcast, featuring Jesse Shrader, CEO and co-founder of Amboss, zeroes in on that work — enterprise adoption, node operations, liquidity, privacy, and why […]

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CFTC Rejects Blanket 24/7 Trading as Coinbase Gets Crypto Derivatives Boost

The CFTC is putting a hard stop on the idea that every derivatives market should be dragged into 24/7 trading, while still opening the door wider for regulated crypto products like perpetual futures and global options. 24/7 trading: fits crypto better than some traditional markets Liquidity risk: thinner books can mean wider spreads and more […]

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UK Sanctions HTX and Garantex in Crackdown on Russian Crypto Evasion

The UK is widening its crackdown on Russian sanctions evasion, targeting crypto exchanges and shadow finance networks it says are helping Moscow move money around Western restrictions. 18 new sanctions designations HTX, Garantex, and A7-linked entities targeted London says crypto is being used to support Russia’s war economy Critics warn sanctions can be blunt, political, […]

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Texas Moves Bitcoin Reserve From IBIT to Direct BTC Custody

Texas is moving from paper Bitcoin exposure to direct BTC custody, a small but meaningful step that says a lot about where state-level crypto policy may be headed. Texas opens RFP for a Bitcoin custody and liquidity provider About $10 million in Bitcoin exposure currently sits in BlackRock’s IBIT Direct custody would give the state […]

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Paxos Becomes First SEC-Approved Blockchain-Native Clearing Agency

Paxos has become the first blockchain-native clearing agency approved by the U.S. Securities and Exchange Commission, a notable step toward dragging post-trade settlement out of the fossil age and into something closer to modern finance. SEC approval: Paxos gets rare clearance as a blockchain-native clearing agency Market plumbing upgrade: Could improve settlement, custody, and reconciliation […]

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Kalshi Sues Minnesota Over Prediction Markets Ban and Criminal Penalties

Kalshi has sued Minnesota over a new law that would restrict prediction markets and impose criminal penalties on people involved in certain event-based contracts, setting up a blunt fight over who gets to regulate this fast-growing corner of finance. Kalshi vs. Minnesota — federal oversight or state gambling law? Criminal penalties could hit users, businesses, […]

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SEC Shifts to Crypto Rulemaking as Trump Pushes U.S. Market Framework

Washington may finally be moving away from treating crypto like a legal punching bag. SEC Chair Paul Atkins says the agency is shifting from the old “regulate by lawsuit” routine toward clearer rules for digital assets, while the Trump administration and Congress work on a framework that could help the U.S. chase its long-running dream […]

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CFTC Seeks to Undo Gemini Settlement After Saying Case Shouldn’t Have Been Filed

The CFTC is trying to unwind part of its own case against Gemini, a rare regulatory reversal that could erase the remaining injunction from the exchange’s 2025 settlement while leaving the $5 million fine intact. CFTC and Gemini jointly seek court relief Agency now says complaint should not have been filed Whistleblower credibility and evidence […]

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Bitcoin Options Traders Buy $70K Puts as Bulls Hedge Near-Term Downside Risk

Bitcoin options traders are still leaning bullish overall, but short-term activity has turned more cautious, with put buying picking up around the $70,000 strike as traders hedge against near-term downside risk. Open interest: about $37.565 billion Calls vs. puts: 57% calls, 43% puts 24-hour volume: about $3.663 billion, with puts slightly ahead Key hedge zone: […]

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Taleb’s Black Swan Warning Resonates as Crypto Markets Brace for Uncertainty

Taleb’s Black Swan Lens Gains Traction as Crypto Markets Embrace Uncertainty Crypto investors keep trying to forecast every twitch in price, and the market keeps reminding them that certainty is mostly a comforting lie. Nassim Nicholas Taleb’s Black Swan framework is getting fresh attention because it forces a harder truth: the biggest moves are often […]

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Senate Banking Committee Advances Crypto Clarity Bill as Stablecoins, Tokenization Surge

The U.S. Senate Banking Committee just pushed crypto closer to a federal rulebook, while stablecoins, tokenization, and good old-fashioned leverage all kept doing their thing in the background. 15–9 vote: The Senate Banking Committee advanced the Crypto Clarity bill Market structure: The bill targets token classification, spot markets, custody, and exchange rules Stablecoins and tokenization: […]

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Fold Rolls Out Bitcoin Credit Card With 1.5% BTC Back and Visa Support

Fold Holdings has started rolling out its Bitcoin Credit Card to selected users on its waitlist, pushing a familiar payments product into bitcoin territory with a simple pitch: spend as usual, earn BTC instead of bland airline points or store-credit nonsense. 1.5% back in bitcoin on purchases Up to 4% back through partner offers and […]

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United Texas Bank Wins National Charter to Expand Crypto Banking Services

United Texas Bank just cleared a major regulatory hurdle that could give crypto firms something they’ve been desperately short on: a serious, federally chartered banking partner that isn’t afraid of digital assets. OCC approval gives UTB a national bank charter Direct access to Federal Reserve payment systems, including wire transfers and ACH FDIC insurance stays […]

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Lummis Warns CLARITY Act Failure Could Put Crypto Developers Back in Prosecutors’ Crosshairs

Sen. Cynthia Lummis is warning that the crypto industry may be running out of runway in Washington: if the CLARITY Act doesn’t pass this Congress, American software developers could once again end up in the legal crosshairs for nothing more than publishing code. CLARITY Act pressure: pass it now or risk another cycle of crypto […]

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