Welcome to the LYKcrypto News Feed.
Here you’ll find the latest cryptocurrency news from trusted industry sources — curated to keep things simple, honest, and beginner-friendly.
We focus on what actually matters in crypto, without hype or noise.
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Morning Minute: The CFTC Bails Out Kalshi in NY
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.Read more -
Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers
In brief Bitwise has cut about 14% of its workforce, taking headcount to around 155 from roughly 180, the asset manager confirmed to Bloomberg.Read more -
FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off
According to a Fortune article in July, Kalshi decided to pause flight cancellation contracts, after social media users expressed concerns over malicious actors causing flight cancellations to collect payouts. And according to Kalshi data, retail participation in...Read more -
Harmony's ONE Sinks 37% After Attacker Mints 4 Billion Tokens
In brief Harmony confirmed an exploit after an analyst reported that an attacker minted about 4 billion ONE, roughly 26% of the supply.Read more -
Binance, RedotPay clash over fate of Singapore lawsuit
Binance and RedotPay are disputing whether a Singapore case related to their nearly $473 million Hong Kong legal battle is coming to an end.The stablecoin payments card issuer told Cointelegraph on Tuesday that it expects Binance to discontinue the Singapore proceedings following a hearing on Aug. 7....Read more -
Bitcoin miners earn under 0.7% of revenue from fees in new 10-year low
Bitcoin (BTC) transaction fees now account for just 0.69% of miner revenue as major players pivot to AI.Key points:Bitcoin miners now rely on block subsidies more than at any time in the past decade, data shows.Bitcoin hash rate has declined by 33% since...Read more -
CFTC Invokes Emergency Powers to Keep Kalshi Trading Despite New York Suit
In brief The CFTC has used its emergency authority to order Kalshi to keep operating, after the exchange notified the agency of a market emergency.Read more -
Crypto companies urge AI firms to give Bitcoin developers early access
A group of cryptocurrency companies has urged frontier artificial intelligence (AI) labs to give Bitcoin developers early access to their most capable models.The letter, published by the Bitcoin Policy Institute (BPI) on Monday, said many digital asset defenders, including Bitcoin Core developers, lack access...Read more -
Inside the fake crypto startup that fooled North Korean IT workers
It isn’t often that a reporter gets asked to pose as a venture capitalist to fool suspected North Korean IT workers.But in June, I found myself joining a Zoom call as “Aelin Ashriver,” an investor from the fictitious Definitive Communications, to meet the development team of crypto...Read more -
Harmony considers rollback after suspected exploit inflates ONE supply
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.Read more -
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The US Commodity Futures Trading Commission (CFTC) invoked its emergency authority on Tuesday, ordering prediction market Kalshi to continue operating.The CFTC said that New York’s enforcement action and request for a temporary restraining order themselves constituted a market emergency and directed Kalshi to continue...Read more -
Ravencoin hits record low as network exploit puts transactions at risk
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.Read more -
SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme
The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits on Tuesday against Goliath Ventures and founder Christopher Delgado over an alleged crypto Ponzi scheme that raised about $400 million. The SEC said Goliath raised at least $425...Read more -
Another OpenAI Exec Quits in Leadership Shake-Up as AI Giant Eyes IPO
In brief Brad Lightcap is leaving OpenAI after eight years. His departure follows several recent exits across the company’s leadership, ethics,...Read more -
Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move
Bitcoin BTC$63,561.34 barely budged on Tuesday, extending a...Read more


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