Tag: News

Robinhood Restricts High-Risk Prediction Contracts Amid Israel Insider Trading Charges, Iran Bet Scrutiny – iGaming Bitcoin News

boss

Key Takeaways: Robinhood excluded “mention markets” from its platform, citing insider trading and market manipulation risks Suspiciously timed Polymarket bets before the U.S. strike on Iran and Israeli insider trading charges have intensified scrutiny across the sector Prediction market volumes have surged past $20 billion per month, up from $1.2 billion in early 2025 Robinhood Mention Markets Dropped Over Manipulation Risk Robinhood UK President Jordan Sinclair told the Financial Times on Sunday that the company is “very focused on market abuse, insider trading.” He added: “We don’t necessarily offer all…

Starkware Cuts Jobs as Starknet Revenue Collapses – Crypto News Bitcoin News

boss

Key Takeaways: Starkware revenue fell from close to $6 million in 2023 to $48 in April 2026, forcing layoffs and restructuring. EIP-4844 cut Starknet fees, compressing income despite $242 million TVL, reshaping L2 economics. CEO, Eli Ben-Sasson plans pivot to apps unit in 2026, aiming to build sustainable revenue streams. Starknet Revenue Declines as Starkware Shifts Strategy Starkware is cutting jobs and reorganizing its business after a steep collapse in revenue from its Starknet network, underscoring mounting pressure on blockchain infrastructure firms to generate sustainable income. The company said it…

Clearbank Europe Becomes First Dutch Credit Institution Licensed as EU Crypto Provider – Crypto News Bitcoin News

boss

Key Takeaways: Clearbank Europe became the first Dutch credit institution to complete MiCA’s CASP notification process on April 9, 2026. The approval enables Clearbank Europe to offer EURC and USDC stablecoin access through Circle’s Mint platform to EU clients. CEO Tristan Kirchner says Clearbank Europe plans to expand digital asset clearing as MiCA deadlines approach across the EU. Clearbank Europe Wins CASP Status, Targets Cross-Border Stablecoin Payments in EU The Amsterdam-based subsidiary of Clearbank Group announced the milestone through the company’s official website. The Dutch Authority for the Financial Markets,…

Kraken Targeted by Extortion Group Threatening to Leak Internal Support Videos – Crypto News Bitcoin News

boss

Key Takeaways: Kraken’s Chief Security Officer Nick Percoco confirmed on April 13, 2026, that the exchange will not pay extortion demands. Two insider incidents in February 2025 and early 2026 exposed limited support data from roughly 2,000 Kraken accounts. Kraken is coordinating with federal law enforcement across multiple jurisdictions and believes enough evidence exists for arrests. Kraken Coordinates With Law Enforcement After Criminal Group Demands Payment Over Leaked Videos Chief Security and Information Officer Nick Percoco disclosed the extortion attempt in a post on X. He stated that Kraken’s core…

Bitgo Prime Expands Liquidity Network With New Regulated European Provider – Crypto News Bitcoin News

boss

Key Takeaways: European provider tradias joined Bitgo Prime’s liquidity network on April 13, 2026, expanding institutional crypto execution access globally. Bitgo (NYSE: BTGO) trades near $9.47, roughly 47% below its January 2026 IPO price of $18.00. The tradias-Boerse Stuttgart Digital merger, pending regulatory approval, could reshape European crypto infrastructure in 2026. Bitgo Expands Prime Liquidity Network The move connects tradias, a regulated crypto-asset services provider, to Bitgo Prime’s single-access aggregation platform, which links institutional clients to exchanges, market makers, and counterparties worldwide. Bitgo Prime consolidates that access to help clients…

American Bankers Association Warns White House Is Underestimating Stablecoin Yield Risks to Lending and Deposit Stability – Featured Bitcoin News

boss

Key Takeaways: American Bankers Association warns stablecoin growth to $2 trillion could drive deposit outflows. White House study finds a 0.02% lending lift, signaling minimal near-term impact. Community banks could face up to $8.7 billion in lending decline in some states as stablecoin adoption expands. Stablecoin Yield Debate Raises Banking Risks Yield-bearing stablecoins are emerging as a direct threat to traditional banking models, creating a policy deadlock over financial stability and innovation. The American Bankers Association (ABA) challenged a White House-backed study by the Council of Economic Advisers (CEA) on…

Uquid Tickets Launches on TRON, Enabling Crypto Native Purchases for Global Events – Press release Bitcoin News

boss

PRESS RELEASE. London, United Kingdom, April 13, 2026 — Uquid, the leading global digital commerce infrastructure powered by stablecoin rails, today announced the launch of Uquid Tickets on the TRON network, designating TRON as the exclusive primary blockchain for purchasing verified event tickets with digital assets. The platform enables users to buy tickets for football matches, international tournaments, concerts, festivals, and live events worldwide using TRC-20 USDT and other digital assets on TRON. The launch addresses a structural gap in the live events market, which is projected to surpass $900…

South Korea Fines Coinone $3.5M, Suspends New User Services for 3 Months Over AML Violations – Regulation Bitcoin News

boss

Key Takeaways: South Korea’s FIU fined Coinone 5.2 billion won and imposed a 3-month partial business suspension starting April 29, 2026. Coinone failed to verify roughly 70,000 customer identities and processed 10,113 trades through 16 unregistered overseas exchanges. CEO Cha Myung-hoon received an official reprimand; Coinone has 10 days to respond and may appeal via administrative lawsuit. Coinone Hit With 5.2 Billion Won Fine and Partial Business Suspension The Financial Services Commission’s FIU confirmed the sanctions on April 13, 2026, following an on-site inspection of Coinone conducted as part of…

Arizona Temporarily Stands Down on Kalshi Prosecution as Federal Ruling Blocks Monday Arraignment – iGaming Bitcoin News

boss

Key Takeaways: A federal judge blocked Kalshi’s Monday arraignment in Arizona, ruling the CFTC is likely to succeed on federal preemption. Arizona filed the first criminal charges against a prediction market operator, with 20 counts, including election and sports wagering. Federal courts are split, with the Third Circuit backing CFTC jurisdiction while Nevada and Massachusetts side with the states. Federal Government Succeeds Where Kalshi Itself Failed The arraignment of Kalshi in Maricopa County Superior Court had been scheduled for Monday. U.S. District Judge Michael Liburdi issued the temporary restraining order…

Oil Prices Spike Higher – Bitcoin News

boss

Key Takeaways: The U.S. Navy began enforcing a blockade of Iranian ports on April 13, 2026, targeting Tehran’s roughly 2 million barrels per day in oil exports. WTI crude climbed above $94 per barrel following CENTCOM’s announcement, while the Dow Jones dropped 246.90 points on escalation fears. CENTCOM says the blockade will remain in force until Iran returns to negotiations, with no fixed end date announced. Iran Naval Blockade 2026: U.S. Cuts off Tehran Oil Exports U.S. Central Command issued the order in accordance with a presidential directive following the…