Crypto

MVMT Labs is the sole named debtor, while Move Industries says it is uninvolved and key asset boundaries remain unresolved. The post MVMT Labs bankruptcy lists under $1 million in assets after $38M raise appeared first on CryptoSlate.

The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are structured and operated. SEC Commissioner Hester Peirce said crypto vaults and onchain lending products may fall under US securities laws, urging developers to assess whether products that actively manage user assets require regulatory compliance. In a statement published Wednesday, Peirce said crypto vaults and lending strategies that involve discretionary decisions, including allocating assets, selecting yield-generating activities, setting lending terms and determining liquidation thresholds, may fall within the scope of federal securities laws depending on their structure and operation. She said some vaults could be treated as securities offerings or investment companies, while parties managing vault allocations or lending parameters could also trigger investment adviser requirements. Read more

Hougan said that investors should focus on Hyperliquid-style crypto protocols and Robinhood-like companies, which he believes could outperform during the next bull market.

The filings show an asset-first strategy, but restraint, forfeiture and victim repayment remain separate stages. The post US targets $26.4 million in five crypto scam cases as DOJ says $800 million recovered appeared first on CryptoSlate.

Three progressive groups are pressuring Senate Democrats on the CLARITY Act by attacking Gillibrand's crypto ties, raising the cost of weak ethics language. The post CLARITY Act Ethics Fight Targets Gillibrand as Progressive Groups Raise Political Stakes appeared first on Cryptonews.

The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement. Cryptocurrency and blockchain advocacy organization The Digital Chamber is suing the State of Illinois over the state’s 0.2% tax on crypto transactions expected to go into effect in 2027. In a Tuesday filing in the circuit court of Sangamon County, Illinois, the Chamber alleged that the Illinois state tax for the 2027 fiscal year was “facially invalid.” The organization filed a civil suit against Illinois Attorney General Kwame Raoul and the Department of Revenue’s David Harris, claiming that the crypto tax was “slipped into the state’s budget” without a debate or feedback from people potentially affected.  “The lawsuit argues that no one should be taxed differently because of how ownership is recorded or transferred,” said the chamber in a Tuesday blog post. “Put simply, this tax discriminates against people who transact in digital ass...

When American commercial AI refused to help investigate the breach, Hugging Face ran Chinese model GLM 5.2 locally. Its CEO now says there's an important lesson in this.

Lawmakers have circulated text of the latest draft that will be pushed toward a Senate finish line, but they're still debating a core government-ethics piece.

The proposed alliance would enable more than 150 broker-dealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody infrastructure. Digital asset infrastructure provider BitGo and OTC Markets Group, the operator of regulated over-the-counter securities markets, plan to partner on digital asset trading and custody infrastructure for broker-dealers, a move that could expand institutional access to tokenized securities through existing market infrastructure. The companies said Wednesday that the proposed alliance will serve more than 150 broker-dealers using OTC Link ATS, an alternative trading system regulated by the US Securities and Exchange Commission. If implemented, participating broker-dealers would be able to quote, trade and settle digital asset securities using the same electronic trading infrastructure they currently use for over-the-counter and US equity markets. Under the proposal, BitGo Bank & Trust would act as the qualified custodian, while settlement would be ...

Bitcoin and US stocks stayed strong in the face of US-Iran escalation as analysis predicted BTC price action outperforming equities later. Bitcoin (BTC) held higher on Wednesday as crypto and risk assets continued to brush off US-Iran war tensions. Key points: Data from TradingView showed BTC/USD down 1% on the day, having earlier hit five-week highs near $67,000. Read more

The company reported strong 2025 performance, with a $2.3 billion pre-tax profit, $6 billion in revenue, and over 75 million customers.

Ethereum has staged a notable recovery from its June lows. It has reclaimed some important support levels and is now pushing toward a major technical barrier. While short-term momentum continues to favor buyers, the broader trend remains challenged by overhead resistance and a still-negative Coinbase Premium Index, suggesting institutional demand from U.S. investors has yet […]

The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured.

Experts say Britain's digital gilt pilot can unlock trapped liquidity in financial markets only if regulators approve an onchain stablecoin.

Together, the court-entered orders restrict marketing across deposit, exchange, investment, withdrawal and trading products, including assisted activity. The post Celsius founders face permanent crypto bans that could cost more than their $16.5M obligations appeared first on CryptoSlate.

Check out the recent and most important development surrounding Ripple's ecosystem.

Prosecutors filed five forfeiture cases as Secret Service agents traced funds from thousands of victims to launderers in Southeast Asia.

In this week's Crypto Long & Short, Lionsoul Global’s Gregory Mall writes that the primary crypto allocation decision is size, not selection.

Nearly every country has yet to apply the rules, the watchdog said, warning of outright bans for platforms that don’t comply.

The cases add to more than $800 million that authorities say a dedicated federal scam task force has recovered.