Omar Faridi

NFL Presses CFTC for Stronger Safeguards on Sports Prediction Markets

The National Football League (NFL) has formally urged the Commodity Futures Trading Commission (CFTC) to significantly tighten its proposed framework governing sports-related event contracts, arguing that the current draft falls well short of safeguards needed to protect game integrity and market participants. In a letter dated… Read More

Decentralized Cloud Storage Network Provider, Storj Labs, Files for Bankruptcy

Storj Labs, the company operating a decentralized cloud storage network, has initiated a voluntary Chapter 11 bankruptcy proceeding as part of a planned financial restructuring. The filing took place on July 26, 2026, in the United States Bankruptcy Court for the Northern District of West… Read More

BitMine’s Ethereum (ETH) Holdings Climb to 5.79M Tokens Following $19.4M Acquisition

BitMine Immersion Technologies (NYSE: BMNR), a publicly traded firm focused on accumulating cryptocurrency assets for long-term investment, has disclosed that its Ethereum (ETH) position has grown to approximately 5.79 million tokens. This milestone follows the company’s purchase of nearly 9,950 ETH over the most recent week,… Read More

US Federal Judge Blocks Minnesota Prediction Market Ban in Significant Win for Polymarket and Kalshi

A federal judge has issued a preliminary injunction that blocks Minnesota from enforcing its newly enacted prohibition on prediction markets, delivering a major win to platforms including Polymarket and Kalshi just days before the measure was set to take effect.U.S. District Judge Katherine Menendez of… Read More

China’s Chip Machines Increase Volatility in Financial Markets while Ethereum (ETH) Price Remains Resilient

A state-backed Chinese company has started mass production of domestically developed immersion deep-ultraviolet (DUV) lithography machines, a critical technology for advanced semiconductor manufacturing previously dominated by Dutch firm ASML. The development, first reported by The Information and later detailed by Reuters, marks progress in Beijing’s… Read More

Robinhood Chain RWAs Surge as Tokenized Stocks Begin Trading in Larger Allocations

Robinhood’s (NASDAQ: HOOD) blockchain has recorded a sharp rise in real-world asset activity, with the value of tokenized equities and related holdings climbing rapidly in recent weeks. Data from analytics platforms shows the market capitalization of RWAs on the network has grown approximately fivefold over… Read More

Apex Fintech Must Rehire Engineer Fired for Criticizing DEI Efforts, NLRB Judge Rules

A National Labor Relations Board administrative law judge has determined that a financial technology firm unlawfully dismissed a data engineer after he posted public criticism of the company’s diversity, equity, and inclusion programs on social media. The ruling requires the company to restore the worker… Read More

US Treasury Broadens Sanctions on Babak Zanjani Network, Hitting Wider Commercial Support Structure for Zedcex

TRM Labs has noted that on July 24, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) significantly widened its Iran-related sanctions by designating additional individuals and companies linked to Iranian businessman Babak Zanjani and the associated Dot One commercial network…. Read More

Crypto Exchange BitMart to Wind Down Trading Platform in Phased Closure

Cryptocurrency exchange BitMart has announced it will begin an orderly wind-down of its trading platform operations. The decision follows a thorough review of the company’s current operating conditions, the broader market environment, and its longer-term strategic priorities. Officials expressed deep regret over the move while… Read More

US Senators Draft Alternative Ethics Language for the CLARITY Act After Rejecting White House backed Proposal

Ongoing efforts sharply focused on advancing more comprehensive cryptocurrency / blockchain market structure legislation in the US Senate have encountered significant new resistance over ethics rules that are intended to limit financial conflicts involving senior government officials and digital assets. Lawmakers from both parties are… Read More

European Union’s Latest Russia Sanctions Package Intensifies Scrutiny on Cryptocurrency Trading Platforms

Chainalysis has pointed out that on July 23, 2026, the European Union adopted its 21st package of sanctions against Russia, representing the most extensive set of designations in four years and encompassing 218 listings overall. The measures focus heavily on disrupting Russia’s financial systems that… Read More

Bitcoin ATM Scams Continue to Target Unsuspecting Consumers But Banks Can Take Protective Measures

Elliptic has noted that Crypto ATMs, often called Bitcoin ATMs because of the cryptocurrency’s dominance, provide a straightforward way for people to convert physical cash into digital assets. While these machines serve legitimate customers, they have also become a favored tool for fraudsters. Scams typically… Read More

South Korean KB Kookmin Bank to Roll Out Cross-Border Payments via JPMorgan’s Kinexys Platform

One of South Korea’s commercial banks is preparing to introduce a new blockchain-powered option for corporate clients engaged in international trade. KB Kookmin Bank announced plans to introduce a specialized payment service next month that leverages JPMorgan’s Kinexys distributed-ledger network. The offering targets importers and… Read More

Checkout.com Advances UAE Operations with Preliminary Approval for Stored Value Facilities License

International digital payments provider Checkout.com has secured preliminary authorization for a Stored Value Facilities license from the Central Bank of the United Arab Emirates. This regulatory step positions the company to expand its local services by combining payment acceptance functions with card issuance capabilities within… Read More

Senate Majority Leader Signals Challenges for the CLARITY Act Ahead of August Recess

Efforts to advance major cryptocurrency legislation in the US Senate are encountering significant timing obstacles as lawmakers approach their summer break. Senate Majority Leader John Thune has indicated limited confidence in securing full passage of the Digital Asset Market CLARITY Act, commonly referred to as… Read More

Fintech Firm Lendbuzz Explores Tel Aviv Listing as Alternative to Nasdaq Plans

Lendbuzz is reportedly weighing an initial public offering on the Tel Aviv Stock Exchange rather than pursuing a traditional debut on Nasdaq. The Boston-headquartered company, which specializes in AI-driven auto financing solutions, has built a strong track record serving consumers often overlooked by conventional lenders,… Read More

Anthropic Unveils Claude Opus 5, Delivering Near-Fable-Level Capabilities at Lower Cost

Anthropic has released Claude Opus 5, the latest iteration in its Opus model lineup, positioning it as a highly capable option that approaches the performance of the company’s frontier Fable 5 model while remaining more accessible in terms of price and everyday usability. Announced on… Read More

Ransomware Attacks Targeting Colombia and Mexico based Businesses Examined in New Report

Cybersecurity researchers at Kaspersky have uncovered a series of ransomware assaults targeting businesses in Colombia and Mexico during May and June 2026. These operations stood out for their reliance on built-in Windows encryption tools combined with an unusual tactic: forcing the victims’ own office printers… Read More

Michael Saylor’s Strategy ($MSTR) Rolls Out Bitcoin (BTC) Metrics Linked to Debt, Preferred Stock

Strategy (NASDAQ:MSTR), the Bitcoin treasury company led by Michael Saylor, has recently introduced a suite of refined BTC-centric performance indicators that explicitly account for its debt obligations and preferred stock. The update reflects the firm’s evolving capital structure. As preferred equity—often labeled “digital credit”—has grown… Read More

Global Fintech Wise to Resubmit US National Trust Bank Charter Application Under GENIUS Act Regulatory Framework

Global payments fintech Wise (LON:WISE) has confirmed it intends to file a new application for a US national trust bank charter following the rejection of its earlier submission by the Office of the Comptroller of the Currency. On July 23, 2026, the OCC informed the… Read More

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