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Delaware and New Jersey Move to Ban Crypto ATMs Over Fraud Concerns
Regulation & Politics

Delaware and New Jersey Move to Ban Crypto ATMs Over Fraud Concerns

Delaware and New Jersey each advanced bills this week to ban cryptocurrency ATMs statewide, citing over $400 million in annual nationwide fraud losses and a scam pattern that disproportionately targets older residents.
Wall Street Piles Into Digital Asset as Canton Network Draws $355M Round Led by a16z
Blockchains

Wall Street Piles Into Digital Asset as Canton Network Draws $355M Round Led by a16z

Digital Asset has closed a $355 million funding round led by a16z crypto, with HSBC, Apollo, CME, BNP Paribas, ADIA, ABN Amro, S&P Global, Tradeweb and more than 20 other institutional names joining as investors.
Lava Network Signs Tokenization Pact for Planned 40,000-Unit Caribbean Project
Tokens

Lava Network Signs Tokenization Pact for Planned 40,000-Unit Caribbean Project

The agreement with developer BHL Group is an early-stage memorandum of understanding, and the Alba Bay community is not slated to break ground until 2027
Binance Stock Trading Draws 84% of First-Week Volume From Emerging Markets
TradFi & Fintech

Binance Stock Trading Draws 84% of First-Week Volume From Emerging Markets

Binance's direct stock-trading platform drew more than 80% of its first-week volume from emerging markets, with assets under management crossing $400 million within seven days. The 2% share of TradFi-referenced perpetuals volume positions the June 1 launch as a distribution play for underserved retail users.
Kalshi Reports 150+ Insider-Trading Investigations in Q1, Rolls Out Employer Checks for High-Risk Markets
Regulation & Politics

Kalshi Reports 150+ Insider-Trading Investigations in Q1, Rolls Out Employer Checks for High-Risk Markets

Kalshi opened more than 150 insider-trading investigations in the first quarter of 2026, blocked over 100 potential insider trades, and referred at least 20 cases to law enforcement. The CFTC-regulated prediction market paired the numbers Tuesday with a new risk-scoring framework, employment-verification requirements for traders on high-risk markets, and expanded whistleblower tools.
DOJ Opens Debanking Probe Into JPMorgan, Bank of America and Wells Fargo
Regulation & Politics

DOJ Opens Debanking Probe Into JPMorgan, Bank of America and Wells Fargo

Federal prosecutors have subpoenaed JPMorgan Chase, Bank of America and Wells Fargo, examining whether banks unlawfully terminated customer accounts for political reasons. The probe directly validates the crypto industry's Operation Chokepoint 2.0 grievances.
On-Chain Tracking Revives Allegations That Hoskinson Sold 1.5B ADA in the 2021 Rally
People

On-Chain Tracking Revives Allegations That Hoskinson Sold 1.5B ADA in the 2021 Rally

An NFT creator published a thread claiming to trace large ADA flows to IOG-linked stake pool pledges from the 2021 bull market. Cardano's founder has made no public statement in response to the new analysis. ADA is down 42% over the past 30 days.
Attacker Mints 10 Billion TOP Tokens Through Governance Takeover, Drains $1.58M from Balancer Pool
Hacks

Attacker Mints 10 Billion TOP Tokens Through Governance Takeover, Drains $1.58M from Balancer Pool

An attacker exploited Token of Power's Aragon DAO on Tuesday to mint 10 billion TOP tokens via a malicious governance proposal, then swapped the supply for 944.2 WETH worth roughly $1.58 million.
Raydium Confirms $1.34M Drain on Deprecated AMM V3, Pledges Treasury Compensation
Hacks

Raydium Confirms $1.34M Drain on Deprecated AMM V3, Pledges Treasury Compensation

Raydium core contributor Infra confirmed Wednesday that an attacker drained ~$1.34M from the legacy AMM V3 program, a contract phased out in 2021. Current users were unaffected, the treasury will cover full compensation, and the root cause was a self-contained LP-mint validation flaw. PeckShield earlier traced the laundering across KuCoin, a Solana-to-Ethereum bridge, Tornado Cash and FixedFloat.
Hyli Winds Down Two-Year ZK Blockchain Project, Citing Lack of ZK Traction
Blockchains

Hyli Winds Down Two-Year ZK Blockchain Project, Citing Lack of ZK Traction

ZK blockchain project Hyli is shutting down after two years, with the team citing weak demand for zero-knowledge technology. The closure comes the same day Botanix wound down its Bitcoin Layer 2.