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Australia bans financial adviser for 10 years for $9.6M crypto scam

Australia bans financial adviser for 10 years for $9.6M crypto scam

Australia’s markets regulator has banned a financial adviser from offering financial services for 10 years, alleging she deceptively invested her clients’ money into a crypto platform listed as a possible scam.The Australian Securities and Investment Commission (ASIC) said on Thursday that it had pu…

Sharplink Gaming drops 73% amid looming $1B Ethereum buy

Sharplink Gaming drops 73% amid looming $1B Ethereum buy

Shares in sports betting platform Sharplink Gaming tumbled 73% in after-hours trading on Thursday after filing to register a large volume of shares for potential resale as the firm is soon to bet big on Ether.However, Sharplink Gaming chairman Joseph Lubin, who is also CEO of blockchain software fir…

CFTC’s Pham says it won’t give ‘easy street’ to anybody, crypto included

CFTC’s Pham says it won’t give ‘easy street’ to anybody, crypto included

The Trump administration’s more relaxed attitude to crypto doesn’t mean the Commodity Futures Trading Commission will give the industry an easy ride, says the agency’s acting chair, Caroline Pham.“There is no easy street for anybody, and regulators aren’t easy,” Pham told Yahoo Finance at the Coinba…

SEC axes Biden-era proposed crypto rules in flurry of repeals

SEC axes Biden-era proposed crypto rules in flurry of repeals

The US Securities and Exchange Commission has rescinded a slate of rules the agency proposed under the Biden Administration, including two relating to crypto custody and exchanges.The SEC said on Thursday that it was “withdrawing certain notices of proposed rulemaking” that were issued between March…

 Crypto ownership isn’t just lambos and bros anymore

Crypto ownership isn’t just lambos and bros anymore

Crypto is getting more normal, from the number of people who use it to the type of people who use it, according to a new report.While Bitcoin and crypto news have concentrated on politics and institutions as of late, showing governmental policy becoming more accepting and traditional finance avenue…

When an AI says, ‘No, I don’t want to power off’: Inside the o3 refusal

When an AI says, ‘No, I don’t want to power off’: Inside the o3 refusal

What happened during the o3 AI shutdown tests? What does it mean when an AI refuses to shut down? A recent test demonstrated this behavior, not just once, but multiple times.In May 2025, an AI safety company called Palisade Research ran a series of tests on some of the most advanced AI models, inc…

CFPB’s top enforcer exits with scathing email on Trump: Report

CFPB’s top enforcer exits with scathing email on Trump: Report

The US Consumer Financial Protection Bureau’s top enforcement official has reportedly resigned, accusing the Trump administration of undermining the agency’s mission in a fierce farewell email.The agency’s acting enforcement director, Cara Petersen, said in the email seen by Reuters on Tuesday that …

Crypto ‘altcoin ETF summer’ may come in July with SEC approvals: Analysts

Crypto ‘altcoin ETF summer’ may come in July with SEC approvals: Analysts

The US Securities and Exchange Commission could start to approve some crypto-tied exchange-traded funds as soon as next month, kicking off an “altcoin ETF summer,” analysts say.Bloomberg senior ETF analyst Eric Balchunas posted to X on Tuesday a note from fellow analyst James Seyffart that said, “ET…

Librarian Ghouls hacker group targeting Russians to mine crypto

Librarian Ghouls hacker group targeting Russians to mine crypto

The Librarian Ghouls hacker group has compromised hundreds of Russian devices and used them to mine crypto in an apparent case of cryptojacking, cybersecurity firm Kaspersky says.The hacker group, which is also known as Rare Werewolf, gains access to systems through malware-ridden phishing emails di…

US House Financial Services Committee advances crypto CLARITY Act

US House Financial Services Committee advances crypto CLARITY Act

The US House Committee on Financial Services has advanced a crypto market structure bill called the Digital Asset Market Clarity (CLARITY) Act, which will soon head to the full House floor for a vote.House Financial Services lawmakers voted 32 to 19 on Tuesday to put the CLARITY Act to a full floor …

 Bitcoin may struggle in Q3 as eyes turn to Ethereum’s ‘catch-up’ — Analysts

Bitcoin may struggle in Q3 as eyes turn to Ethereum’s ‘catch-up’ — Analysts

The market’s expectation of Bitcoin surging to new highs could prevent it from happening in the near term, but that doesn’t rule out the possibility of Ether surprising investors, analysts say.Santiment analyst Brian Quinlivan told Cointelegraph on Wednesday that the analytics firm is “seeing an ant…

 Peter Thiel-backed crypto exchange Bullish files for US IPO: FT

Peter Thiel-backed crypto exchange Bullish files for US IPO: FT

Bullish, the digital asset exchange backed by billionaire investor Peter Thiel, has filed confidential paperwork with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO), according to sources cited by the Financial Times.American investment bank Jefferies has been ta…