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RWA perps will outpace tokenization

Tokenization has gotten nods of approval from the Larry Finks of the world. It’s top of mind for every large financial institution. Blackrock, Fidelity, Franklin Templeton are just some of the many that have tokenized t…

Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban

Texans lost $56.8 million to cryptocurrency kiosks last year, more than any other state, according to FBI figures put before a legislative committee on Thursday. The state accounted for 1,179 of the 13,460 complaints th…

New York AG Seeks $36B From Kalshi Over 'Illegal Gambling'

New York State is seeking at least $36 billion from Kalshi, asking a state court to shut its prediction market down and strip it of three times whatever it has earned. Attorney General Letitia James filed the petition o…

FTX Repayments: Creditors to Receive Another $900 Million

FTX will begin distributing another $900 million to creditors starting tomorrow, bringing total repayments since the exchange’s 2022 collapse to nearly $10 billion. Many creditors are expected to recover more than 100% …