BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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Citigroup CEO Jane Fraser has thrown her weight behind clearer crypto legislation and signaled that the bank is weighing its own stablecoin, positioning one of America's largest lenders to move deeper into digital-asset payments as Washington finalizes new rules.
VanderZanden announced the move on his own account on X, where he identified his new role at the company, writing on X . The appointment was also reported by Yahoo Finance , which named him as Polymarket's chief growth officer.
Bitwise Asset Management has cut about 14% of its staff as a deepening crypto slump reaches spot-ETF issuers, reducing the firm's headcount to roughly 155 employees from about 180 during the downturn.
The scrutiny centers on the marketing tactics used by prediction market and crypto platforms, and the potential social harms tied to those ads, according to the NYC Council . For related coverage, see SEC to Discuss Easing Crypto Rules at August 2026 Meeting .
An XRP-linked cross-chain bridge was drained after its software accepted fabricated deposits as genuine, allowing an attacker to withdraw real tokens against value that never existed. Reporting on the incident describes an XRP bridge drained through a false-deposit flaw rather than a stolen key or a market exploit.
Fermi has appointed Lee McIntire as its new chief executive officer, installing fresh leadership at the energy infrastructure company after months of turmoil at the top. The move puts a named executive in charge and anchors the story that until now had centered on instability rather than direction.
Prediction market operator Kalshi has referred 32 suspected insider traders to the Commodity Futures Trading Commission over a three-month span, spotlighting how event-contract venues are policing suspicious activity and channeling it into federal enforcement.
Deutsche Finance Group is planning to file for insolvency after a failed Boston real estate investment wiped out one of its funds, which held roughly $58 million in investor capital. The move exposes fund holders to the risk of a total loss.
The Israel-based trading and investing company confirmed the transaction in an investor release, saying it will buy TradeZero to deepen its U. S.
The Commodity Futures Trading Commission has issued an order allowing prediction-market operator Kalshi to keep operating, even as New York pursues a $36 billion case against the company. The dual actions set up a direct federal-versus-state clash over who governs Kalshi's event contracts.