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Kalshi faces 14-day restraining order in Michigan

Newt Bettec3 weeks ago7 min read

Michigan Judge Blocks Kalshi from Sports Betting, Orders 14-Day Halt A Michigan circuit court judge has issued a temporary restraining order (TRO) barring prediction-market operator KalshiEX,…

Coinmetro bankruptcy reveals 3-year provider dependency – exposing hidden systemic custody risks

Demian Crypter3 weeks ago9 min read

Coinmetro Bankruptcy Reveals 3-Year Provider Dependency, Exposing Custody Risks Estonian cryptocurrency exchange Coinmetro filed for bankruptcy and restructuring on July 1, 2026, explicitly citing a three-year…

Institutional product launches while open interest declines – positioning contradicts narrative

Owen Patter3 weeks ago9 min read

Institutional Crypto Product Launches Surge as Open Interest Declines, Contradicting Leverage Narrative A wave of major institutional product launches-including new custody services from Nasdaq, custody infrastructure…

Polymarket refunds show retail confidence still buying after 100% loss coverage

Blair Connolly3 weeks ago8 min read

Polymarket Refunds $3M Hack: Retail Confidence Persists After Full Loss Coverage On June 25, 2026, prediction market giant Polymarket announced it will fully refund all users…

Wallet hacks trigger institutional accumulation – exchange inflows lag outflows 3:1

Wyatt Newson3 weeks ago7 min read

Bitcoin Exchange Outflow Surges: Hacks and ETFs Drive 3:1 Accumulation Gap Bitcoin experienced a record-breaking $1.68 billion net outflow from centralized exchanges this week, marking one…

Kraken eyes 15% stake in Aave at $385 million valuation

Demian Crypter3 weeks ago7 min read

Kraken Eyes 15% Stake in Aave at $385M Valuation Amid Talks Crypto exchange Kraken is in advanced discussions to acquire a 15% equity stake in Aave…

Polymarket’s $2.9M theft refunds signal governance shift in crypto betting markets

Cora Skindell3 weeks ago8 min read

Polymarket $2.9M Theft Refunds Signal Governance Shift in Crypto Betting Polymarket has confirmed a full refund for users affected by a $2.94 million theft discovered on…

Magic Internet Money’s peg collapse exposes overleveraged degen positions as whales still buying governance

Blount Charleston3 weeks ago7 min read

MIM Depeg Exposes Overleveraged Positions While Whales Buy Governance Magic Internet Money (MIM), the algorithmic stablecoin of the Abracadabra DeFi protocol, has collapsed 50% below its…

Europol’s $47M freeze reveals institutional crackdown’s hollow bite on dark market liquidity

Wyatt Newson3 weeks ago8 min read

Europol $47M Crypto Freeze: Crackdowns Hollow Bite on Dark Market Liquidity On June 25, 2026, Europol announced that “Operation Endgame” successfully froze €41 million (approximately $47…

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