Author: Oguz Ozdemir
The trial was ongoing for over four years. A federal court in the United States has dismissed a class action lawsuit accusing Uniswap Labs of facilitating the trading of scam tokens on its decentralized protocol. The court dismissed the plaintiffs’ claims with prejudice after four years of trial. According to a filing with the U.S. Court for the Southern District of New York, Judge Katherine Polk Failla dismissed the case for several reasons, including the plaintiffs’ failure to allege the defendants’ knowledge of the fraud. Among other reasons, the judge also ruled that the plaintiffs failed to allege that…
Iran has built one of the world’s most surprising crypto ecosystems: 12 million users, a $10 billion internal economy, and domestic exchanges that process billions in volume annually. Yet, in the wake of recent U.S. and Israeli military strikes, this massive market saw a sudden, violent contraction. Nobitex outflows alone spiked nearly 700% practically overnight. It creates a confusing paradox for investors watching from the outside. A vital new TRM Labs report claims the ecosystem remains “structurally sound,” yet the on-chain data looks like panic. How can a market be resilient and experience massive capital flight at the same time?…
The total open interest (OI) for XRP futures across major crypto exchanges has plunged 70% from its peak five months ago, settling at $203 million on March 3, 2026. The sharp drop in unsettled contracts mirrors levels seen in April 2025, a period that immediately preceded a significant price rally for the digital asset, raising questions about whether the market is once again flushing out excess leverage. Open Interest Collapse Mirrors April 2025 Setup Data compiled by market analyst Amr Taha shows that XRP’s aggregate open interest has cratered from $660 million in October 2025 to just $203 million today.…
Beyond recoveries, Bybit blocked 3 million credential-stuffing attempts tied to account takeover schemes in 2025. Bybit has reported recovering $300 million for thousands of users at a time when crypto-related fraud remains high across the industry. The exchange attributed these efforts to an AI-powered fraud detection system that intervenes before people lose their funds. Security Initiative Results Bybit shared the results of its 2025 Security Initiative, stating on social media, “We raised the standard in 2025, intercepting $300M in impersonation scams and fraud through our new AI-driven risk framework.” The announcement comes as crypto fraud continues to weigh on…
Key takeaways:Bitcoin shows resilience by decoupling from traditional equities and gold despite increasing US dollar strength.Institutional demand for Bitcoin remains robust, as evidenced by the $1.5 billion in recent ETF net inflows in seven days.Bitcoin (BTC) successfully defended the $68,000 level on Tuesday despite a 1% decline in the Nasdaq 100 Index and a 3.6% drop in gold prices. Although Bitcoin initially decoupled from traditional markets, traders remain concerned as the US dollar strengthened against other major fiat currencies, even as the United States risks a prolonged war with Iran. US Dollar Index (left) vs. Bitcoin/USD (right). Source: TradingViewThe US…
A Los Angeles County jury has found former Los Angeles Police Department officer Eric Halem guilty of kidnapping and bitcoin robbery in a 2024 home invasion that targeted a teenage cryptocurrency holder. The verdict followed a two-week trial in Los Angeles County Superior Court, where prosecutors argued that Halem, 38, and three alleged accomplices posed as police officers to gain entry to a high-rise apartment in Koreatown. Once inside, they restrained a 17-year-old and his girlfriend and stole a hard drive containing private keys to roughly $350,000 in bitcoin. The victim, who testified under his first name, Daniel, told jurors…
CFTC chairman Michael Selig plans to enable US-listed crypto perpetual futures within weeks. Summary CFTC chair Michael Selig told attendees the agency aims to clear regulatory obstacles and launch “genuine professional” crypto perpetual futures in the US within about 4 weeks. The move is part of “Project Crypto,” a joint SEC–CFTC initiative that includes new guidance for DeFi, prediction markets, and tokenized collateral frameworks. BTC and major altcoins saw modest intraday gains while derivatives traders priced in potential onshoring of volume from offshore venues, with expectations for higher regulated futures open interest. The US Commodity Futures Trading Commission (CFTC) is…
Altcoins have endured a prolonged structural decline since the peak of the 2021 bull cycle. While Bitcoin has managed to preserve portions of its macro uptrend, most alternative tokens have printed persistent lower highs and lower lows across multiple timeframes. For many projects, what began as a cyclical correction has evolved into a multi-year erosion of capital, liquidity, and investor confidence. Related Reading Recent data shared by analyst Darkfost underscores the severity of the situation: approximately 38% of altcoins are now trading near their all-time lows. This figure exceeds the stress levels observed in the immediate aftermath of the FTX…
Indiana Gov. Mike Braun has signed legislation allowing bitcoin and cryptocurrency investments in the state’s public retirement and savings plans, opening the door for state employees to gain exposure to digital assets through self-directed accounts. The measure, House Bill 1042, requires Indiana’s public retirement boards, deferred compensation committees, and annuity savings programs to offer self-directed brokerage accounts that include at least one cryptocurrency investment option by July 1, 2027. The accounts will allow participants to allocate a portion of their retirement savings to bitcoin, crypto assets, or crypto-linked exchange-traded funds, subject to investment guidelines and oversight established by plan administrators.…
In brief Colombia’s Supreme Court rejected a cassation appeal after AI detectors flagged it as machine-generated. Lawyers ran the ruling through the same tools and found it also appeared AI-written. Experts and studies showed AI-detection software produced unreliable and inconsistent results. The Supreme Court of Colombia denied a cassation appeal, arguing that it was generated by AI. But the same tool the court used to determine the appeal’s purported AI origins said that its own ruling also received generative help.Is it a double standard by the court, or faulty tools at play?“Faced with a well-founded suspicion that the brief submitted…