SecurityCFTC Sues Cash FX Over $950 Million Ponzi Scheme
The CFTC accuses Cash FX Group of a $950 million forex Ponzi scheme promising 15% weekly AI-trading returns. Victims lost $406 million.
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Security
InstitutionalPayward Turns Kraken From an Exchange Into Financial Infrastructure
Kraken's parent Payward says it's building unified infrastructure for trading, banking, and assets, not just running a crypto exchange.
RegulationMersinger to Leave Blockchain Association After CLARITY Act Failure
Blockchain Association CEO Summer Mersinger will step down on Oct. 16, with Kristin Smith returning as interim CEO.
RegulationKalshi Loses Appeal, Case Heads Toward the Supreme Court
The 6th Circuit sided with Ohio and Tennessee against Kalshi, while the 3rd Circuit backed the company earlier. The circuit split opens the door to SCOTUS.
InstitutionalStrategy Proposes Daily Dividends on Preferred Stock
Michael Saylor's Strategy proposes daily dividends on four preferred stocks worth $15 billion. Shareholders vote on October 28, 2026.
StablecoinsUS Seeks to Keep $84.2 Million Tied to Tether Payment Processor
The US DOJ wants to forfeit $84.2 million tied to Capstone, a payments firm linked to Tether's USDT transfers. What it means for USDT holders.
InstitutionalARK Invest Tokenizes $1.3B Venture Fund
ARK Invest is moving its ARKVX venture fund onchain via Securitize. The fund holds stakes in OpenAI, Anthropic, and Stripe. Here's what it means.
RegulationSEC Commissioner Hester Peirce to Leave, Blasts Mass KYC Data Collection
SEC Commissioner Hester Peirce is stepping down on October 2 and calls for replacing mass KYC data collection with zero-knowledge proofs.
StablecoinsFed Proposes Capital and Redemption Rules for Stablecoin Issuers
The Fed proposed capital, reserve and two-day redemption rules for stablecoin issuers under the GENIUS Act, with implications for USDT and USDC.