Crypto News
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Bitcoin Suisse plans to move up to half of Swiss jobs abroad
Bitcoin Suisse plans to move up to half of its Swiss jobs to lower-cost international hubs, according to Finews. The relocation would affect back-office functions as the firm expands its global wealth and asset management business.
Cointelegraph
Crypto groups challenge Illinois 0.2% tax ahead of January start
CCI and the Blockchain Association are seeking to block Illinois’ planned 0.2% crypto tax before its January effective date, arguing that the measure is unconstitutional and would impose costly compliance burdens.
Cointelegraph
Strive’s Bitcoin Purchase Raises Annual Dividend Obligation by $12 Million
Strive issued nearly one million preferred shares to buy Bitcoin, adding $12 million to its dividend obligations. At a 13% rate, SATA payouts imply annual costs of about $130 million, with static cash coverage near 19 months.
CryptoSlate
Perpetual Contracts Push From Bitcoin Toward U.S. Oil Markets
CryptoSlate reports that perpetual contracts are moving from Bitcoin toward possible U.S. oil-market use, with a regulator seeking lawsuit dismissal and reported WTI plans testing the boundaries of American financial markets.
CryptoSlate
CFTC Seeks Dismissal of CME Lawsuit Over Crypto Perpetual Futures
The CFTC has filed to dismiss CME Group’s lawsuit over crypto perpetual futures, arguing that CME lacked standing and criticizing its claims as “much ado about nothing,” Cointelegraph reported.
Cointelegraph
Michigan Keeps Legal Challenge Against Kalshi Alive as Supreme Court Battle Nears
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.”
Cointelegraph
CFTC Seeks Dismissal of CME Challenge to Kalshi Bitcoin Perpetual Contract
The CFTC has asked a judge to dismiss CME’s lawsuit over the approval of Kalshi’s Bitcoin perpetual contract, arguing CME has not shown concrete financial harm needed to challenge the decision.
Decrypt
Lawsuit questions Tether’s alleged pre-warrant freeze of $42.4 million in USDT
A lawsuit alleges Tether froze $42.4 million in USDT after an informal U.S. law-enforcement request, more than three months before authorities obtained a seizure warrant, CoinDesk reports.
CoinDesk
BPI study points to preference for control and micro-investing among everyday Americans
A BPI study cited by CoinDesk suggests everyday Americans may respond more to bitcoin’s personal-control and micro-investing features than to broader “digital gold” or world-changing narratives.
CoinDesk
Connecticut lawsuit adds to Kalshi prediction-market legal battle
Connecticut’s new lawsuit against Kalshi adds to a growing prediction-market legal battle in state and federal courts. With rulings roughly split, the dispute could ultimately reach the U.S. Supreme Court.
CoinDesk
Bithumb wins two lawsuits over Bitcoin credited in $40B error
Bithumb reportedly won two first-instance lawsuits seeking proceeds from users who sold Bitcoin credited during a $40 billion exchange error. The cases concern recovery of funds from the mistaken BTC credits.
Cointelegraph
Pyth Network API overhaul puts unpatched DeFi contracts at risk
Pyth Network’s API overhaul introduces API-key requirements for direct callers and alignment changes for Sui builders. CryptoSlate reports that unpatched smart contracts across roughly 300 DeFi protocols could face disruption or freezing.
CryptoSlate
Phantom’s Sui support change shifts how users access onchain assets
Phantom plans to drop Sui support, but Sui assets will remain onchain after Sept. 24. Access will shift to swaps, Slush imports, and Ledger connections, highlighting wallets’ influence over asset usability.
CryptoSlate