Michigan Authorities Continue Pursuit to Block Kalshi as Supreme Court Fight Looms

Update (Sept. 3, 9:20 pm UTC): This article has been updated to include a statement from Kalshi. Michigan’s attorney general announced that a state court had ordered a preliminary injunction against Kalshi, blocking the prediction markets platform for residents amid what officials called “sports betting […] masquerading as an investment opportunity.” In a Wednesday notice,…

Hyperscale Data Ends Michigan Bitcoin Mining for AI

Hyperscale Data has ended all Bitcoin mining operations at its Michigan facility as it prepares the site for an artificial intelligence data center customer.  On Wednesday, the company said that all Bitcoin miners at the facility were switched off following an inspection by the unidentified California-based neocloud provider. Hyperscale said it intends to sell the…

CFTC Files to Dismiss CME Lawsuit over Crypto Perpetual Futures

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy. Source link

Bitcoin Reclaims $80,000 as Weak Dollar Meets Suspected Yen Intervention

Bitcoin (BTC) rallied 5% during US trading hours, reaching $81,000.  Key points:  Bitcoin rallies above $81,000 in US trading, having risen more than 5% over the past 24 hours. USD/JPY drops to 155.4 amid suspected Bank of Japan (BOJ) intervention, dragging the US Dollar Index (DXY) down to 99. Polymarket odds for a BOJ rate…

Standard Chartered brings spot crypto trading to Dubai FX platform

The bank is now offering institutional crypto spot trading in the region, bringing BTC and ETH onto the same eFX rails that institutions use to trade dollars and euros. Source link

BitMEX co-founder contributed 75% of Reform UK’s donations in Q2 2026

The UK political party and its leader, Nigel Farage, have accepted contributions from figures tied to the crypto industry, raising questions about potential influence on policies. Source link

Wallet Recovery Experts Crack $1B ETH Wallet… But Find Just $10

When a client named Rusty contacted crypto recovery specialist Chris Brooks in 2021, he said he and two others had won 5,000 Bitcoin in a court case, worth around $53 million at the time. They immediately set up a Zoom call to discuss the case. “There were three guys on the call, and one of…

VARA, Securitize Sign MoU for Tokenization Innovation in Dubai

Dubai’s Virtual Assets Regulatory Authority (VARA) and BlackRock-backed tokenization platform Securitize signed a Memorandum of Understanding (MoU) to advance tokenization and digital asset infrastructure across the United Arab Emirates and Dubai. The MoU will establish a collaborative framework to support regulated tokenization initiatives, foster institutional participation and strengthen Dubai’s digital asset ecosystem, the companies said…

Ether, XRP ETF Inflows End as Bitcoin Funds Rebound

US-listed spot Ether and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand. Spot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12 consecutive trading days of inflows, according to SoSoValue data. The funds had attracted $1.62 billion during the streak. BlackRock’s iShares Ethereum Trust ETF…

SoFi, Kraken tie up as crypto and banking push into each other's turf

Kraken is joining SoFi’s settlement network and list SoFiUSD as the companies link traditional banking with crypto markets. Source link