Latest from Nikhilesh De
Yuga Labs settles Bored Ape NFT lawsuit, ending fight over alleged copycat tokens
The settlement avoids a trial and ends the dispute over the RR/BAYC NFTs, which claimed to parody Bored Ape Yacht Club, one of the most recognizable NFT brands.
South Korea proposes cryptocurrency law with bank-style rules for stablecoins
Draft bill outlines comprehensive framework for digital assets, including licensing, issuance and oversight
The Protocol: Bernstein says quantum threat to Bitcoin is real but manageable
Also: North Korea’s 6-month plot with Drift, Solana Foundation’s new ad and Alchemy AI.
U.S. Treasury proposes demands that stablecoin firms be set to police bad transactions
The U.S. is pitching new rules for stablecoin issuers to treat them like every other financial firm that must maintain armor against illicit uses.
White House study bolsters crypto's stance in stablecoin yield fight against bankers
White House economists said banning rewards wouldn't significantly boost banks' financial health, amplifying the crypto industry view in the Clarity Act debate.
Quantum threat to Bitcoin is real, but manageable, according to Wall Street broker Bernstein
The broker said advances in quantum computing are accelerating the timeline for crypto risk, but argued Bitcoin faces a multi-year upgrade cycle, not an existential crisis.
Stablecoin issuers get closer to U.S. federal rules with FDIC's new proposal
The Federal Deposit Insurance Corp. approved a proposed rule to govern the issuers, even as the Senate continues to debate GENIUS Act details.
SEC close to putting out 'reg crypto' for fundraising questions, Chair Atkins says
The Securities and Exchange Commission will address fundraising and startup exemptions in this proposal, Paul Atkins told a crowd Monday.
Bitcoin drops toward $68,000 as demand weakens and whales sell
Glassnode data shows soft participation, while a negative gamma setup below $68,000 leaves BTC exposed to a faster move toward $60,000.
Appeals court blocks New Jersey from shutting down Kalshi's sports markets
The Third Circuit Court of Appeals ruled that New Jersey could not bring an enforcement action against Kalshi, finding that the federal Commodity Exchange Act preempted state gambling laws.
