⚖️ CFTC resolves action against former Alameda Research CEO
The U.S. Commodity Futures Trading Commission has reached a resolution in its enforcement action against the former CEO of Alameda Research, the trading firm at the center of the FTX collapse.
The move marks another step in ongoing regulatory proceedings tied to the FTX fallout, as U.S. authorities continue pursuing accountability across the individuals connected to the exchange's implosion.
⚖️ Trump Says CFTC Chair Working on Hyperliquid Compliance
U.S. President Trump has announced that CFTC Chair Selig is actively working on bringing Hyperliquid into U.S. regulatory compliance, signaling direct federal attention on the decentralized derivatives exchange.
The move marks one of the first public acknowledgments by a sitting U.S. president of a specific DeFi protocol's regulatory status, positioning Hyperliquid as a key test case for how the CFTC approaches decentralized trading platforms under the current administration.
🟠 Bitcoin nears $70K as $1.14B in shorts liquidated
Bitcoin surged toward $70,000 after a White House meeting with major crypto industry figures and softer signals from the Federal Reserve combined to trigger a sharp short squeeze across crypto markets.
$1.14 billion in short positions were liquidated within a single hour as the rally accelerated, wiping out leveraged bears across Bitcoin and altcoins.
The White House engagement signals continued policy attention on crypto at the federal level, while the Fed's dovish tone added broader macro tailwinds to the move.
🏛 Fed minutes may reveal wider hawkish divide than expected
The Federal Reserve releases its latest meeting minutes at 2 PM today, with crypto markets watching closely for signs of a broader internal split on monetary policy.
The key threshold: the minutes would signal a hawkish surprise only if support for tightening extended beyond the three officials who formally dissented at the meeting. If additional Fed members leaned hawkish without registering an official dissent, the release could shift rate-cut expectations and weigh on risk assets including Bitcoin.
Fed minutes are a standard macro trigger for crypto volatility, as rate policy directly influences institutional appetite for digital assets.
⚖️ ASIC Takes Down 3,106 Crypto Scam Platforms in FY26
Australia's corporate regulator ASIC removed over 19,400 online scams in FY26, a 182% surge year-on-year, with 3,106 of those being fraudulent cryptocurrency investment platforms.
The regulator warned that AI-powered scam networks are increasingly targeting Australian investors through fake crypto platforms and deepfake celebrity endorsements. Syndicates are using AI infrastructure to build convincing, large-scale deceptive operations designed to steal savings.
The takedowns highlight the growing scale of AI-assisted fraud in the crypto space and the mounting pressure on regulators globally to respond to technologically sophisticated scam operations.
🔐 Bybit Reports $700M in Blocked Losses Since $1.5B Hack
Bybit says its post-breach security overhaul has prevented an estimated $700 million in potential losses following the $1.46 billion theft it suffered in 2025 — the largest exchange hack on record.
The exchange has implemented real-time monitoring and AI-assisted threat detection as part of its security rebuild. Bybit has not disclosed further technical details on the specific attack vectors blocked or the timeframe over which the $700M figure was calculated.
The February 2025 hack, attributed to North Korea's Lazarus Group, prompted a broad industry conversation around cold wallet security and third-party infrastructure risk.