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Kraken and Coinbase User Reportedly Loses $6.7M in Crypto After Suspected Physical Attack

A Kraken and Coinbase user reportedly lost $6.7 million in crypto after a suspected physical attack, while stolen funds moved through Tornado Cash. A cryptocurrency user reportedly lost nearly $6.7 million after a suspected physical attack. According to on-chain investigator Specter, the attackers withdrew money from accounts associated with Kraken...

South Carolina Signs New Bill Protecting Bitcoin Rights

South Carolina legalized stronger protections for Bitcoin self-custody rights. The law blocks discriminatory crypto taxes and restrictive zoning measures. State agencies are banned from using or testing central bank digital currencies. South Carolina Governor Henry McMaster officially signed Senate Bill 163 into law. The new statutory change, people in the...

CFTC Sues Tim Walz Over Minnesota Prediction Markets Ban

The CFTC sued to block Minnesota’s prediction-market ban before it takes effect. The agency says prediction-market contracts are federally regulated swaps. Minnesota’s law would ban operating, advertising, and supporting these platforms. A massive legal battle just erupted between federal regulators and state leadership over the future of decentralized betting.  The...