Trust will become crypto’s real currency in the AI economy
AI deepfakes make trust crypto’s scarcest asset. Proof-of-humanity can become the currency powering finance, governance and markets in the imitation economy.
Vietnam arrests ONUS-linked suspects in alleged crypto fraud case
Vietnam detained ONUS-linked suspects in an alleged token fraud case as police described price manipulation, false promotions and centralized market control.
Australia fines local Binance unit $6.9M over client onboarding failures
An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products.
Tether hires KPMG for first full USDT audit, FT reports
Tether has reportedly hired KPMG for its first full independent audit of USDT’s reserves and brought in PwC to help, as the stablecoin giant eyes a multibillion-dollar equity raise.
Whales, sharks buy 61,000 BTC in a month amid global uncertainty
Not all whales have been accumulating; two moved tens of millions of dollars to exchanges on March 19 as Bitcoin fell amid an escalation of the Iran conflict.
UK sanctions $20B scam market by cutting ‘legitimate’ crypto ties
It’s estimated that Xinbi processed more than $19.9 billion in illicit flows between 2021 and 2025 and that the platform is deeply interconnected with a range of other illicit services.
Cathie Wood’s ARK taps Kalshi data to help make investment calls
Kalshi has already listed specific markets that ARK Invest is interested in, such as non-farm payroll markets and deficit-to-GDP (gross domestic product) ratio markets.
US federal judge temporarily blocks Pentagon's Anthropic ban
Judge Rita Lin said it was not until Anthropic raised concerns about how its technology could be used that the US government announced a plan to "cripple Anthropic."
Lawmakers push another bill to curb prediction market insider trading
The bill proposes to prohibit government officials from using insider information to bet on prediction market contracts, with fines up to double the amount of profits.