Ark Invest Snaps Up 192,566 CoreWeave Shares as AI Cloud Stock Plummets

A federal judge has denied Gemini and the CFTC's request to vacate a $5 million settlement, affirming that the deal stands firm despite any subsequent policy changes.

The ruling highlights the legal principle that settlements are durable, limiting regulators' ability to undo agreements through shifting guidance and reinforcing the finality of crypto-related enforcement actions.

Australia has released a draft law aiming to adopt the OECD’s framework for the exchange of crypto tax information, aligning with the global standard known as the Crypto-Asset Reporting Framework (CARF).

By doing so, the nation joins 77 jurisdictions committed to CARF, with the first international crypto tax data exchanges between Australian authorities and their partners expected to commence in 2028, a move that promises to boost tax transparency in the digital asset space.

USDC has just gained regulatory heft in the European Union, outperforming euro‑denominated stablecoins that are struggling to achieve broad adoption.

Under MiCA’s stricter framework, Circle will need to adjust its operations to meet heightened transparency and reserve requirements, a shift that could boost investor confidence and reshape the stablecoin landscape within the bloc.

Ledger has opened reservations for its new $849 data-only hardware wallet, positioning the device as a direct answer to the surge in criminal compromises of existing crypto wallets.

The device pairs everyday apps with hardware approvals and targets a 2027 delivery, aiming to restore confidence by keeping private keys offline while still letting users interact with familiar applications—a move that could mitigate future wallet hacks and strengthen overall blockchain protection.

BlackRock CEO Larry Fink warned that halting new AI data‑center construction could tip the United States into a recession, stressing that the AI investment boom has become too vital to interrupt.

His remarks come amid growing pushback from local communities and lawmakers over the sector’s soaring electricity and water use, which is driving up utility costs; despite the criticism, BlackRock remains a major backer of AI infrastructure and is positioning itself to benefit from continued build‑out.

The Pirate Chain network experienced an exploit that illicitly minted around 39.8 million ARRR tokens, prompting the development team to propose a blockchain rollback to limit the damage.

This incident highlights the security challenges inherent in privacy‑focused cryptocurrencies, underscoring the need for stronger validation mechanisms and sparking debate over the feasibility of rollback solutions in decentralized networks.