Decrypt

In brief
BlockFills entities have filed for Chapter 11 bankruptcy after suspending client withdrawals, following an asset freeze for 70 BTC earlier this month.
A lawsuit filed by its creditor, Dominion Capital, alleges BlockFills commingled assets and had a $77 million shortfall.
The

In brief
Contracts on Kalshi and Polymarket now give Democrats a 51% chance of winning Senate control, edging Republicans at 49%.
The shift marks a dramatic reversal from a year ago, when markets priced Democrats at just 18% probability of taking the chamber.
Kalshi data shows Democrats’

The FBI is investigating malware hidden in several PC games on Steam, which infected players' computers under the guise of legitimate titles. The agency seeks information from impacted gamers and highlights previous similar malware incidents targeting the gaming community.

Billionaire investor Stanley Druckenmiller believes stablecoins will become the backbone of the financial system in 10-15 years, citing their efficiency. However, he views much of the wider crypto market as unnecessary, describing it as “a solution looking for a problem.”

A federal judge dismissed RICO claims in a class-action lawsuit against pastor Eddy Alexandre, tied to a crypto Ponzi scheme. Victims can amend their complaint. Alexandre, guilty of commodities fraud, owes substantial penalties and restitution.

In brief
Florida Gov. Ron DeSantis, a vocal critic of government surveillance via CBDCs, could sign a bill that gives Florida the ability to regulate stablecoins independently.
The legislation includes transaction monitoring requirements that mirror federal anti-money laundering rules that s

In brief
Token2049 and The Open Network conferences scheduled in Dubai have been canceled or postponed amid the Iran conflict.
Conference organizers noted the importance of safety for their attendees and sponsors.
Token2049 will still host its event in Singapore later this year.
A pair o

In brief
The Bitcoin network mined its 20 millionth coin this week, leaving just 1 million remaining—a supply that could take 115 years to fully unlock.
Analysts expect many publicly traded Bitcoin miners to exit the business entirely by 2027 and 2028, liquidating Bitcoin holdings to fund

In brief
Artificial general intelligence refers to AI that can learn and reason across many tasks.
Researchers say today’s chatbots are powerful but still far from true general intelligence.
Experts disagree on when AGI might arrive or how anyone would recognize it.
Artificial general in

The FBI is investigating malware hidden in several PC games on Steam, which infected players' computers under the guise of legitimate titles. The agency seeks information from impacted gamers and highlights previous similar malware incidents targeting the gaming community.