On June 17 Kentucky Attorney General Russell Coleman filed lawsuits against Kalshi and Polymarket. State authorities believe that under the guise of prediction markets the platforms offer residents unlicensed sports betting, CoinTelegraph reports. The lawsuits were filed with the Franklin County court. In the documents Kalshi and Polymarket are called "illegal bookmaking venues." The authorities…

The International Federation of Football (FIFA) has implemented an Avalanche-based blockchain infrastructure for the new ticket distribution system for the 2026 FIFA World Cup. CoinDesk explained how this mechanism works and how many tickets have already been sold under the new model. The solution works through the FIFA Collect platform, created in collaboration with the company…

Donald Trump signed a memorandum of understanding between the United States and Iran. The agreement became a major geopolitical event. Despite this, Bitcoin still failed to recover after the Federal Reserve’s hawkish statements. As of the time of writing, the leading cryptocurrency is trading near $63,800, down 2.80% over the past 24 hours. We break it down…

The well-known trader Garret Jin, who trades on the decentralized exchange Hyperliquid, fully sold 184,102 HYPE worth $13.54 million, locking in a profit of $2.83 million. This was reported by analysts at Onchain Lens. Garret Jin has started buying $HYPE again. So far, he has bought 71,092 $HYPE worth $5.06M and still has a TWAP order […]

On June 17 Tether announced the phased closure of Alloy by Tether and aUSDT — a dollar asset over-collateralized with the Tether Gold (XAUt) token. The first phase has already started: immediately after the interface update, users will no longer be able to open new positions and mint new aUSDT. Existing clients were given three months to return aUSDT and withdraw the collateral in…