Utah Sues Kalshi and Susquehanna Firms to Halt Alleged Illegal Betting
The state seeks injunctions, restitution and profits, alleging that market makers helped sustain wagering despite Kalshi’s federal court defeat…. Read the full story at The Defiant
Revolut Disruption Hits Payments and Crypto Services
The company said customer money and data were safe, while sign-in and ATM withdrawals were also affected…. Read the full story at The Defiant
FINMA Approves First Swiss Retail Bitcoin ETF
The regulator granted an exemption from diversification rules while requiring custody safeguards and clear warnings about volatility and losses…. Read the full story at The Defiant
Drift-Linked Wallet Sends $54.8 Million in ETH to Tornado Cash
Five Etherscan-labeled Drift exploiter wallets still hold about 84,164 ETH as recovery efforts continue after April’s attack…. Read the full story at The Defiant
SlowMist Says Qubic Wallet Keys Could Be Recovered From Six Network Samples
The 4.26.4 patch separates new account seeds from the exposed random stream but leaves header generation unchanged…. Read the full story at The Defiant
Lido Engineer Warns of Staking Deposit Hijack at Glamsterdam
The related consensus-specs issue was closed as ‘not planned’; its author points to pre-deposit checks as a defense…. Read the full story at The Defiant
Arcus Adds Stock Tokens and WETH as Perpetual Collateral
The early-access feature uses automatic USDG loans at 50% initial loan-to-value, with non-USDG deposits capped at $20,000 per account…. Read the full story at The Defiant
Sentora’s OUSD Lending Vault Holds $42.5 Million on Tempo
The Morpho vault lends against cbBTC collateral, but nearly all its assets remain idle rather than deployed into loans…. Read the full story at The Defiant
France’s Stablecoin Swap Tax Faces Oct. 20 Budget Vote
Deputies approved the amendment by one vote. If enacted, it would end tax deferral for conversions into single-currency e-money tokens from January 2027…. Read the full story at The Defiant
Rain Says Western Union’s Stablecard Is Live in 37 Markets
The USDPT-backed Visa card is getting a Money20/20 promotion offering up to $40 in purchase-only credits, subject to in-person signup and approval…. Read the full story at The Defiant