President Trump's Solana Meme Coin Just Skyrocketed—Here's Why

The federal court sent Kalshi's case back to state court in Nevada, allowing regulators to seek an injunction against the CFTC-regulated exchange. The court found that the Commodity Exchange Act does not preempt Nevada's gaming law claims, prompting a possible restraining order.

Two new AI image models, Nano Banana and Seedream, offer multi-step reasoning for image generation, extended editing capabilities, and real-image editing. Nano Banana is tightly integrated into Google's ecosystem, while Seedream is more affordable and excels in character identity preservation.

Cortical Labs has connected 200,000 human neurons to play Doom using electrical stimulation and software controls, allowing the cells to navigate and shoot. The experiment adds to a list of unusual platforms where the classic game has been run.

House conservatives successfully pushed to include a ban on a central bank digital currency (CBDC) in a housing package, rather than as standalone crypto legislation. The White House formally supported the bill after the Senate vote, with Fed officials emphasizing the need for congressional approval on a U.S. CBDC.

Deloitte was tapped by Anchorage Digital for USAT’s first attestation report, revealing reserves exceeding the stablecoin’s circulating supply. USAT combines Tether’s global scale with Anchorage's U.S. federal framework, aiming to define the future of digital dollars in the U.S.

Kalshi allowed traders to bet on the ousting of Iranian Supreme Leader Ali Khamenei, voiding the result when he was killed in a US-Israeli airstrike due to a "death carve-out" clause in their rules.

ProCap Financial, led by Anthony Pompliano, acquired 450 BTC worth $31 million and bought back 782,408 shares to improve its market cap. The firm aims to reduce the discount between its market cap and net asset value by purchasing Bitcoin and its own stock.

The CFTC's enforcement division, previously understaffed, will now be led by David Miller, a white-collar defense attorney with experience in representing crypto industry clients. Miller's appointment aims to focus on policing fraud, abuse, and manipulation in the market.

Industry analysts and operators believe the conflict in Iran will not significantly disrupt the global Bitcoin mining network, despite rumors suggesting a potential impact on hashrate and Bitcoin sell-offs. While there may be disruptions for individual miners, the scale is not comparable to past global shocks like China's 2021 mining crackdown.

Bitcoin surged to a two-week high near $70,000 amid the U.S. and Israel's war on Iran. Ethereum, Solana, and XRP also saw price increases, while the Nasdaq Composite initially showed losses before recovering. Markets are uncertain about Iran's future actions.