The Tariff Verdict Bitcoin Couldn't Cash: $133B in Refund Limbo and the Section 232 Loophole That Survived SCOTUS
SCOTUS struck down IEEPA tariffs on February 20, 2026, but Bitcoin barely flinched. The reason: Section 232 metals tariffs survived, and U.S. miners are still paying a 47% cost penalty that's reshuffling global hashrate.
Fairshake's $10M Illinois Defeat Ends Crypto's 91% Election Win Streak
Crypto super PAC Fairshake spent nearly $10M opposing Juliana Stratton in the Illinois Senate primary and lost. The defeat ends a 91% win streak and reshapes the lobbying calculus for the CLARITY Act and 2026 midterms.
The Paradox at the Heart of Prediction Markets: Kalshi and Polymarket Are Banning the Traders Who Make Them Work
Kalshi and Polymarket just banned politicians, athletes, and employees from trading on their own outcomes — exactly the traders Robin Hanson says prediction markets need to function. Inside the April 2026 microstructure debate that will reshape event contracts for a decade.
FanDuel's Prediction Market Pivot: How a $30B Market Cap Wipeout Forced America's Biggest Sportsbook to Chase Kalshi and Polymarket
Kalshi and Polymarket downloads sent Flutter's market cap down $30B, forcing FanDuel to chase a $240B prediction-markets boom. Here is the competitive map, the federal-state regulatory war, and what is at stake for sportsbooks, brokerages, and crypto venues.
The $4.8M Press Release: How South Korea's Tax Agency Leaked a Seed Phrase and Got Saved by an Illiquid Token
South Korea's tax agency published a seized Ledger wallet's seed phrase in a press release. A $4.8M theft followed — and only the target token's terrible liquidity forced the attacker to send it back. A cautionary tale for every government now holding billions in crypto.
California's DFAL Is Crypto's New BitLicense — But This Time, the Fifth-Largest Economy in the World Is Setting the Standard
California's Digital Financial Assets Law (DFAL) takes effect July 1, 2026, requiring every crypto company serving the state's 39 million residents to obtain a license. Here's how the world's fifth-largest economy is setting a de facto national standard for crypto regulation.
The CFTC Just Sued Three States Over Prediction Markets — Here's Why It Could Reshape a $44 Billion Industry
The CFTC sued Arizona, Connecticut, and Illinois to defend its exclusive jurisdiction over prediction markets. With Kalshi valued at $22B, Polymarket back in the US, and DraftKings entering the space, the federal-state battle will decide the fate of a $44B industry — and whether on-chain prediction platforms can operate under one national framework.
Alabama's DUNA Act Just Gave DAOs a Legal Identity — Why It Matters More Than You Think
Alabama's DUNA Act makes DAOs legal entities that can own property, sign contracts, and shield members from liability. Here is why this second-state adoption after Wyoming marks a turning point for decentralized governance and billion-dollar protocol treasuries.
The CLARITY Act's Yield Ban Just Wiped $5.6 Billion Off Circle — And Handed Banks Their Biggest Win in Crypto
The CLARITY Act's latest draft bans passive yield on stablecoins, crashing Circle stock 20% and erasing $5.6B in value. We analyze the bank-friendly provisions, the Tillis-Alsobrooks compromise on activity-based rewards, and what the late-April Senate markup means for the $308B stablecoin market.