South Korea Probes Bithumb After $40 Billion Bitcoin Accounting Error
South Korean regulators are investigating Bithumb after an internal accounting error credited roughly 620,000 BTC to user balances, briefly allowing real Bitcoin withdrawals before controls intervened.
Gemini Shrinks Its Footprint Post-IPO
Gemini exits Europe post-IPO, withdrawing from the UK, EU, and Australia as it scales back its international footprint and reduces costs. The move highlights a broader consolidation trend among public crypto companies facing tighter margins and higher regulatory demands.
Coinbase Insider Trading Lawsuit Moves Forward After Years of Procedural Limbo
TL;DR
A Delaware court declined to terminate an insider trading lawsuit, keeping alive shareholder claims tied to stock sales around Coinbase's 2021 direct listing.
The ruling...
Nevada court order Puts Polymarket on a Collision Course With state gaming law
A Nevada court order has temporarily blocked Polymarket from offering sports-related event contracts to state residents. The case tests whether state gaming law can override federally regulated prediction markets without a final ruling on legality.
Binance SAFU fund shift moves user protection risk into Bitcoin volatility
Binance plans to convert its SAFU fund from stablecoins into Bitcoin within 30 days, reallocating user protection risk from stable liquidity toward market volatility during stress events.
