BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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Justin Sun has taken World Liberty Financial to court, filing a fraud lawsuit that accuses the crypto venture of building hidden "backdoor" functions into its USD1 token.
CFTC Chair Michael Selig said crypto market structure rules are coming to the United States either "through rules" or "through laws," signaling that the agency intends to establish a framework for the sector whether or not Congress acts first.
In plain terms, the approval lets ERCOT push back the point at which certain large-load projects face formal grid study, rather than requiring that review on the current schedule. The measure sits within an ongoing regulatory process, reflected in a series of related PUC filings and an ERCOT market notice .
The chair of the Commodity Futures Trading Commission has signaled that the agency is prepared to write its own CFTC crypto rules if the Digital Asset Market Clarity Act stalls in Congress, turning a routine policy comment into direct pressure on lawmakers to act.
A hacker allegedly impersonated a CoinDesk executive to lure cybersecurity researchers with a fake crypto conference, using a trusted media identity as the hook in a targeted social engineering operation.
The CFTC chair signaled that the agency is ready to move forward with its own crypto rulemaking if lawmakers do not deliver a statutory framework, according to reporting from Decrypt . For related coverage, see Trump White House Crypto Summit: SEC, CFTC and CEOs to Attend .
A crypto liquidation event wiped out roughly $3 billion in leveraged positions and caught 174,350 traders on the wrong side of a sharp market move, forcing their bets to be closed automatically as prices turned against them.
President Donald Trump has called on Congress to advance new cryptocurrency legislation, pressing lawmakers to move digital asset rules forward and adding fresh political weight to the push for federal crypto market structure.
CFTC Chair Michael Selig is emphasizing financial innovation ahead of a Commodity Futures Trading Commission advisory committee meeting, a signal that positions digital asset markets and market structure near the top of the agency's near-term policy focus.
Trump called for passage of the CLARITY Act as the crypto legislation faced resistance in the Senate, saying Congress needs to take the next step, according to MarketWatch reporting . The appeal framed the bill squarely as a matter of digital asset regulation rather than a broader campaign theme.