Strategy buys $200M Bitcoin, Kazakhstan crypto plan

In this week’s edition of the weekly recap, Strategy disclosed its third-largest Bitcoin purchase of the year, adding $200 million worth of the asset to reach approximately 720,750 total holdings. Summary Strategy bought $200M in Bitcoin, raising holdings to about 720,750 BTC. Deloitte verified USAT reserves in the stablecoin’s first attestation. Kazakhstan plans a $350M…

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CryptoQuant Names the Most Transparent Exchange for Reserves

The report ranked exchanges by reserves, trading activity, and transparency, with KuCoin scoring 96.7 out of 100. KuCoin has received the highest proof-of-reserves (PoR) transparency score among major crypto exchanges, according to CryptoQuant’s latest annual Exchange Leader report. The findings placed the Seychelles-based trading platform ahead of several larger rivals in a category that…

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Kalshi faces $54M lawsuit over Khamenei prediction market

Kalshi faces a class-action lawsuit over disputed payouts totaling approximately $54 million related to bets on Iranian Supreme Leader Ali Khamenei’s departure from office. Summary Kalshi faces a $54M class-action lawsuit over disputed Khamenei bets. Traders say the platform retroactively excluded death-based outcomes. Kalshi argues the death exclusion existed from the market’s launch. Users who…

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South Korean Authorities Exclude Stablecoins From Corporate Crypto Investments – Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korean authorities are reportedly moving to exclude stablecoins from an incoming framework that will allow listed companies to invest in cryptocurrencies. The decision is reportedly tied to existing foreign exchange laws, but reflects a cautious approach in permitting institutional exposure to…

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