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CryptoSlate highlights a $63 billion flow mechanism in the US Bitcoin ETF market. On August 27, $277.6 million was recorded entering BlackRock’s IBIT, illustrating how anonymous ETF flows appear near the close of US trading.
Bitcoin faces heightened sensitivity to US inflation and Fed policy expectations. Policymakers will have CPI but not official August PCE, with another market test scheduled for Sept. 30, CryptoSlate reported.
Michigan has ordered Kalshi to remove sports event contracts and faces the platform with potential daily fines of $500,000. The preliminary injunction remains active until a final order and includes a futures broker notice requirement.
Thai businessmen are suing Tether over $42 million in USDT frozen in connection with an alleged pig-butchering scam. Cointelegraph also reported potential fines for Australian crypto firms that miss a licensing deadline.
Thai businessmen are suing Tether over $42 million in frozen USDT tied to an alleged “pig butchering” scam. Australian crypto firms also face fines unless they meet a licensing deadline, Cointelegraph reported.
Michigan authorities continue their effort to block Kalshi as a potential Supreme Court fight approaches. Kalshi previously said federal instructions to disregard a June state restraining order left it in an “impossible position.”
A Hyperliquid treasury company has raised at least $763.7 million and lifted its token-buying strategy to $2.5 billion. Filings leave up to $236.3 million before discounted share sales hit a Nasdaq cap.
Crypto recovery specialists reportedly accessed a wallet thought to be worth $1 billion, but found only $10. The case shows that restoring wallet access does not guarantee the recovery of valuable crypto assets.
A TrueUSD defendant in a $456 million court case must submit an affidavit identifying sources of legal funding within days. Any sanctions would require a separate application from Techteryx.
Memecoin pairs involving Robinhood’s tokenized stocks recorded $217 million in volume on Robinhood Chain on Sept. 2, exceeding the $127 million traded in direct stock-token markets, according to data compiled by Adam Tehc.
DeFi Technologies missed Nasdaq’s required closing-price streak above $1, putting DEFT into a delisting review. The company may qualify for another 180 days because its consolidation option remains unused.
