2d ago
CME files lawsuit over offshore crypto trading engine said to power 90% of spot volumes in the U.S.
CME has filed a lawsuit over an offshore crypto trading engine that has newly entered the U.S., alleging it constitutes illegal competition. The engine is said to underpin about 90% of global crypto spot trading volume, representing activity in the trillions of dollars. The dispute highlights a regulatory pushback by a traditional derivatives heavyweight against an emerging offshore liquidity infrastructure that may be bypassing U.S. futures and securities trading rules. No defendant names, technical details, or court filings have been made public, but the lawsuit has prompted a reassessment of market-wide compliance stability and the durability of liquidity.
BTC
BTC+0.52%
2d ago
2d ago
Report flags a $25 million Bitcoin settlement logic flaw inside Wall Street clearinghouses
A report says a structural logic defect inside U.S. Wall Street clearing infrastructure could affect $25 million in Bitcoin-related settlement. The issue is described as embedded in existing code or processes rather than a failure that has already occurred. The report says it could disrupt Bitcoin futures delivery, collateral valuation and cross-market arbitrage if triggered, while noting there is no evidence it has been exploited and no clearinghouse or remediation timeline was disclosed.
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BTC
BTC+0.52%
2d ago
2d ago
Keeta Network and LayerZero Core bring tokenized commercial bank deposits to Ethereum, Solana, Base and Keeta Network
Keeta Network and LayerZero Core are rolling out tokenized commercial bank deposits across Ethereum, Solana, Base and the Keeta Network. The launch covers nine currencies this month, including the dollar, yen and dirham, according to The Block. Each token is backed by an individual deposit held via licensed money transmitter Bivo, rather than a pooled reserve. Issuing banks retain full contract authority over the tokens.
ETH
ETH+0.37%
2d ago
7-26
CLARITY Act could give U.S. institutions a clearer legal path to hold and trade XRP
The article argues that the CLARITY Act is not yet law, but if it passes and is fully implemented it would give U.S. banks, asset managers, payment firms, exchanges and market makers a clearer legal path to hold, trade and custody XRP and build related products. It says the XRP ecosystem is already expanding through cross-border payments, tokenization and stablecoins, but regulatory uncertainty remains a key barrier to large-scale institutional adoption in the United States. The act would not create new utility for XRP, it says, but would remove uncertainty that has limited institutions’ ability to use existing utility at scale.
XRP
XRP+1.14%
7-26
7-26
Marathon Digital sued in U.S. court over alleged undisclosed Bitcoin mining operations in France
U.S.-listed Marathon Digital (MARA) is facing a lawsuit in U.S. court alleging it failed to disclose Bitcoin mining operations in France. The case reflects U.S. enforcement scrutiny over disclosure compliance by crypto mining firms, with a focus on whether insufficient disclosure of cross-border operations could constitute securities fraud. MARA is listed on Nasdaq and does not issue a crypto token, but its business is closely tied to Bitcoin network hashrate and price expectations. The matter does not directly affect the Bitcoin protocol or on-chain status, but it may heighten market concerns about financial transparency and regulatory risk at U.S.-listed miners, potentially influencing short-term BTC sentiment.
BTC
BTC+0.52%
7-26
7-26
FloroBotRH launches $FLORO on X with cross-chain trading and Solana token buys using Robinhood ETH
FloroBotRH has launched on X (Twitter), enabling cross-chain trading through simple commands within the app. Users can buy Solana ecosystem tokens using Robinhood ETH, trade PONS assets, bridge funds, burn tokens, or send tokens to any X user. The project’s native token, $FLORO, has launched alongside the protocol, with its contract address disclosed. The tool has not released TVL, team background, or audit information, and it has not provided data on funding scale or any direct price catalyst.
ETH
ETH+0.37%
7-26