The U.S. Department of Justice has uncovered a $1.2 billion cryptocurrency theft case linked to North Korea.
The U.S. Department of Justice also dismantled a deepfake scam linked to the $6 billion Binance hack. (BWEnews)
Prediction market platform Kalshi is in talks with investors for a new funding round, valuing the company at $65 billion. This comes weeks after Kalshi completed a new funding round at a valuation of $40 billion. (Source: Bloomberg)
Louisiana Attorney General Liz Murrill has filed charges against prediction market operators including Kalshi, Polymarket, Coinbase, and Robinhood, accusing them of illegal gambling and seeking an immediate injunction.
Since its September high, the Coinbase premium has remained below zero. Its 30-day average has reached its lowest level since February.
The rallies in 2024 and 2025 were both accompanied by premiums, and some rallies even began with discounts of similar depth. (glassnode)
