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Thai businessmen sue Tether over $42M frozen USDT tied to pig butchering scam, Aussie crypto firms face big fines unless they meet licensing deadline.

The CFTC’s lawyers called the lawsuit “much ado about nothing,“ claiming that the CME Group lacked standing to file and argued against its claims over crypto perpetual futures.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Mantle has added Paxos-issued USDG as a natively minted stablecoin while joining the network’s reward-sharing structure.

Kalshi previously said it had been placed in an “impossible position” after federal authorities directed the company to ignore a Michigan restraining order issued in June.

Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the impact.

The integration lets Bybit users spend digital assets directly from their exchange balances across Mesh-powered platforms.

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.

The deal will bring SoFiUSD to Kraken, connect Payward to SoFi’s 24/7 dollar settlement network and give SoFi access to digital asset liquidity through Kraken Prime.

Crypto recovery specialists reveal how lost wallets, passwords and seed phrases can sometimes be recovered — but that’s of no help if the money was never there in the first place.

VARA and Securitize signed an MoU to foster more tokenization innovation in Dubai and explore how tokenized financial innovation should be regulated in the region.

Nvidia agreed to buy Hugging Face for $12.93 billion, gaining a platform used by more than 18 million developers to share and deploy AI models.

Pencil Finance said that its first-of-a-kind loan offered financing to 6,600 students in Southeast Asia who were underserved by traditional lenders.

Standard Chartered said it is the first major global bank to offer institutional access to spot Bitcoin and Ether trading in the UAE region.

The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address.

Kalshi reportedly plans to file for approval of a WTI crude oil perpetual futures contract that would trade around the clock five days a week without an expiration date.

ASIC has recorded more than 45 digital asset-related license applications as its temporary enforcement relief approaches Sept. 30 expiration.

Ether ETFs posted $48 million in outflows after attracting $1.62 billion over 12 trading days, while XRP funds ended an 11-session inflow run.

Hyperscale Data’s Bitcoin holdings have fallen about 79% since late July to 215 BTC as it redirects capital toward its Michigan AI data center.

Federal authorities and private-sector partners were part of an operation to disrupt malware that redirected about $150,000 in crypto over the last eight years.

Coinbase is offering eligible Canadian traders perpetual and dated futures with up to 10x leverage as major US trading platforms expand their crypto presence in Canada.

New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event contracts to residents.

Wyoming is using Chainlink to bring near-real-time reserve verification onchain for FRNT as the oracle provider expands its footprint across tokenized financial markets.

Ondo says existing US securities laws can accommodate perpetual futures tied to individual stocks as regulators look to bring more derivatives activity onshore.

One of Bitcoin’s onchain demand indicators turns negative again after a brief August rebound, as BTC price slipped below $77,000 amid a broader bond and equities sell-off.

Officials in the G20, under the US’ presidency, recognized that digital assets could support “broad-based economic growth” and called for improvements in cross-border transactions.

Full Sail is shutting down after an attacker removed about $91,000 from three vaults during a security incident linked to oracle provider Switchboard.

Arthur Hayes says Bitcoin is going to grind higher from here, but Ethereum is his number one pick due to its potential to increase “3x to 5x pretty quickly.”

Hashkey joined the DTCC’s working group on tokenization innovation as the first Asian crypto service provider to join with over 100 financial institutions, including Goldman Sachs and JPMorgan.

The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time.

Remixpoint sold $5.5 million in ETH, SOL, XRP and DOGE, booking a $736,000 net gain as it narrowed its crypto strategy to focus on Bitcoin.

Thailand adopted a crypto Travel Rule requiring digital asset operators to verify control of self-custodial wallets and retain transaction data for five years.

Grayscale, a16z, and the CCI asked the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category, while proposing different routes to clearer and faster reviews.

US spot Bitcoin ETFs reduced their year-to-date net outflows by 66% as Bitcoin gained about 25% in August, while Ether ETFs turned positive YTD at $732 million and XRP ETFs reached $502 million.

The Nasdaq-listed company previously raised $647 million through the facility and accumulated about 29.3 million HYPE tokens.

Core says the incident is contained and its planned forward upgrade will not roll back the network or reverse previously confirmed transactions.

The $189,000 in media spending to support Representative Jake Auchincloss marked Fairshake’s latest attempt to influence the 2026 elections with funds from the crypto industry.

The launch gives eligible non-US users access to physically settled options on more than 1,000 US stocks and ETFs through a single Binance account.

UK authorities froze $13.5 million in cash following a January 2025 order from the Westminster Magistrates’ Court as part of an investigation into Sorare.

The proposal would modernize rules largely unchanged since the 1980s, addressing blockchain-based recordkeeping, tokenized securities and increasingly automated market infrastructure.

The prediction platform permanently banned George Santos and issued a three-year suspension for Laurie Buckhout after investigations into using insider information on event contracts.

The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a euro-denominated offering next.