Crypto News
Daily crypto news rewritten with sharp analysis and actionable insights from Alpha Factory.
Elite Prediction Traders Cash $2.4M With Surgical Precision on Polymarket Military Markets
A cluster of nine interconnected accounts has quietly accumulated $2. 4 million in profits on Polymarket by betting on US military operations with a s...
Ohio Fraudster Sentenced to 9 Years for Running $10M Bitcoin Ponzi Operation
Rathnakishore Giri, an Ohio-based crypto operator, just got hit with a 9-year federal prison sentence for orchestrating a $10 million Bitcoin trading ...
Swan Bitcoin Faces Nearly $1B Legal Assault Over Prime Trust Exit Strategy
Swan Bitcoin is now defending itself against a substantial lawsuit alleging the company exploited insider connections to extract approximately $1 bill...
House Republicans Push Permanent CBDC Ban as Key Vote Looms
Republican leadership is doubling down on crypto-skeptical legislation, with House majority whip Tom Emmer steering his Anti-CBDC Surveillance State A...
BitGo's Modular Approach: How Banks Are Finally Getting Their Crypto Stack
BitGo is shifting how financial institutions think about digital asset infrastructure—and it matters. Instead of forcing banks into an all-or-nothing...
$77M Echo Protocol Heist Exposes Critical Admin Key Vulnerability
Echo Protocol faced a catastrophic security breach that drained $77 million in eBTC tokens through a compromised admin key—a stark reminder that even ...
SEC Signals Openness to Tokenized Stock Trading — But Internal Skeptics Remain
The Securities and Exchange Commission is weighing an "innovation exemption" that could fast-track tokenized stock trading, according to reporting on ...
Galaxy Wins Critical NY BitLicense: Game-Changer for Institutional Crypto Trading
Galaxy Digital has secured the New York BitLicense—a critical regulatory approval that positions the firm to substantially expand its institutional cr...
Legal Team's AI Misstep: Fake Claude Quotes Surface in Trump Administration Case
Attorneys just got a harsh reminder that deploying AI in legal work requires serious guardrails. Lawyers representing a former Homeland Security offi...
Crypto-Backed Super PAC Goes All-In on Georgia Democrat—What It Says About the Industry's Political Muscle
A crypto-aligned political action committee is flexing serious financial muscle in the Democratic primary race, dropping more than $4 million behind J...
Swan Bitcoin Faces $1 Billion Legal Battle Over Prime Trust Debacle
Swan Bitcoin, a platform that markets itself as a Bitcoin-focused wealth management service, is now defending itself against a nearly $1 billion lawsu...
Suspicious Iran Prediction Streak: $2.4M in Polymarket Wins Raises Insider Trading Red Flags
Polymarket traders have triggered serious insider trading scrutiny after racking up $2. 4 million in profits on Iran-related predictions with a stagge...
Elon Musk's $150 Billion OpenAI Lawsuit Gets Dismissed by Court Decision
The courtroom drama between Elon Musk and OpenAI has officially wrapped—and it wasn't the outcome he was betting on. A jury sided with OpenAI and Sam...
Minnesota Opens Door: Banks and Credit Unions Can Now Custody Crypto Assets
Minnesota is making a decisive move into the crypto custody space. Starting August 1, the state's banking institutions and credit unions will have ex...
Hive Stock Rallies on AI Gigafactory Announcement as Bitcoin Miner Pivots to Data Centers
Hive Digital Technologies' shares are trading at their highest level in 2024 following the company's announcement of a substantial data-center expansi...
UK Financial Watchdogs Unite on Tokenization Roadmap as Digital Assets Enter Production Phase
The Bank of England and Financial Conduct Authority just signaled serious intent: they're coordinating on tokenization strategy, and they want industr...
UK Regulator Eyes Round-the-Clock Settlement as Tokenization Moment Nears
The Financial Conduct Authority (FCA) and Bank of England are pushing forward with infrastructure modernization, seeking market feedback on tokenizati...
Bitcoin Depot's 71% Premarket Collapse: When Regulatory Pressure Kills a Crypto ATM Empire
Bitcoin Depot, once a player in the crypto accessibility space, just got decimated in premarket trading—down 71%—after filing for Chapter 11 bankruptc...
Iran's $10 Billion Bitcoin Play: A New Angle on Strait of Hormuz Risk Management
Iran is exploring a novel approach to marine insurance by leveraging cryptocurrency—specifically Bitcoin—to cover cargo risks through the Strait of Ho...
Standard Chartered Pulls Crypto Custody In-House, Restructures Zodia Operations
Standard Chartered is making a strategic play that tells you exactly where major banks stand on crypto infrastructure. The global bank will absorb Zo...