BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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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.
The development concerns securities registration specifically, not a sweeping rewrite of crypto policy. The SEC has scheduled an open meeting where staff are set to propose a rule aimed at supporting certain digital asset offerings, according to the agency's published meeting agenda .
Nasdaq has agreed to acquire LeveL Markets, the operator of one of the largest off-exchange equity trading venues in the United States, in a move that pushes the exchange operator deeper into market infrastructure.
Flowdesk received a full Virtual Asset Regulated Activities license for broker-dealer services from Dubai's Virtual Assets Regulatory Authority, the company said . For related coverage, see Strategy Sells 1,690 Bitcoin to Buy Back STRC Shares .
Fireplace is closing, and the notice sets September 30 as the cutoff for users to retrieve their balances, according to Cryptobriefing . The announcement frames the shutdown as a scheduled wind-down rather than an abrupt halt.
These are allegations, not findings. The charges have not been proven, and the named parties are entitled to respond and contest the claims through the legal process before any conclusion is reached.