Hyperliquid whale wiped out as $458 million in crypto longs vanish
Crypto markets were hit hard over a 24-hour period, with $458 million in liquidations as geopolitical tension in the Gulf and soaring oil prices...
Kentucky crypto bill under fire over proposed hardware wallet “backdoor” requirement
Kentucky is facing controversy over House Bill 380, which could force hardware wallet makers to include a “backdoor” to recover users’ seed phrases.Key points:The...
Gemini sued by investors over alleged IPO misstatements and strategy pivot
Crypto exchange Gemini is facing a class action lawsuit in New York, alleging it misled investors during and after its IPO.Key points:Plaintiffs claim Gemini...
Nevada cleared to pursue restraining order against Kalshi
A federal appeals court has cleared Nevada regulators to pursue a temporary restraining order (TRO) against prediction market platform Kalshi.Key points:The Ninth Circuit Appeals...
Bluesky reveals $100 million Series B led by Bain Capital Crypto
Bluesky, the decentralized social platform, revealed it raised $100 million in a Series B round back in April 2025.Key points:The round was led by...
Lummis says CLARITY Act must pass this year as Senate eyes...
Sen. Cynthia Lummis says the Digital Asset Market CLARITY Act must be finished by the end of 2026, with Republicans planning a Senate Banking...
Polymarket acquires DeFi startup Brahma to deepen its onchain stack
Polymarket has acquired Brahma, a DeFi infrastructure startup, as part of its push toward a more advanced onchain prediction market and a $20 billion...
CoinEx introduces high-yield dual investment amid volatile and sideways crypto markets
CoinEx has launched a Dual Investment product, designed to help crypto traders earn rewards even when markets are volatile or moving sideways.Here’s how it...
Bank of Korea launches Phase 2 of digital won pilot with...
South Korea’s Bank of Korea (BOK) has kicked off Phase 2 of Project Hangang, expanding its digital won pilot and testing real government payments...
Nasdaq wins SEC approval to trial tokenized stock trading
Nasdaq just got the green light from the U.S. SEC to run a tokenized equities pilot, letting select participants trade stocks in digital token...
SEC and CFTC say most crypto assets are not securities in...
The US Securities and Exchange Commission and the Commodity Futures Trading Commission have issued a joint interpretation clarifying how crypto assets are treated under...
Tether’s QVAC pushes multi‑billion‑parameter AI models onto phones and consumer GPUs
Tether has launched QVAC Fabric with BitNet LoRA, a framework that can train and run multi‑billion‑parameter AI models directly on consumer GPUs and flagship...
Iraqi News
Iraq faces its most serious financial test in decades; the collapse of oil exports...
Iraq’s economy is going through a very serious crisis right now, driven by a sharp drop in oil exports. Ongoing regional tensions and the...
Iran denies talks with US despite ceasefire plan reports
Iran says it is not in any talks with the United States right now.Speaking on Wednesday, Amir Moghadam made it clear that there have...
Political movement: Washington is using various means to thwart any government formed by Maliki
A member of a political movement, Muhammad Abu Sa'ida, says the Trump administration is trying to put pressure on Iraq’s political process.Speaking about the...
Gold jumps more than 2% as the dollar weakens
Gold prices jumped sharply on Wednesday, rising more than 2% as the US dollar weakened. When the dollar drops, gold becomes cheaper for people...
Iraq Developing Roadmap to Align with EU Carbon Border Rules
Iraq is starting to take a closer look at how it can keep up with new global rules on carbon emissions, especially those coming...