Connecticut Sues Kalshi, Adding to Growing Legal Battle Over Prediction Markets

Ethena token rallies on buyback plan and revised VC unlock structure

Ethena's ENA token has surged following two key governance developments aimed at improving its long-term outlook. The protocol is moving to implement a buyback program that would direct revenue generated by the platform toward purchasing ENA tokens. Additionally, Ethena is overhauling its vesting schedule for venture capital investors to reduce the selling pressure that has weighed on the token. Together, these measures are designed to support a revival in growth for Ethena's USDe stablecoin product.

GTA 6 Leaker Dumps Memecoin Hours Before Rockstar's Official Gameplay Reveal

A memecoin tied to leaked Grand Theft Auto VI footage reached a $25 million market cap over nine days. The token was created by the individual responsible for leaking unreleased GTA 6 gameplay clips. Shortly before Rockstar Games released its first official gameplay footage, the creator sold off their entire holdings in the coin. The timing of the sell-off raised concerns about an exit by the token's creator ahead of a major market-moving event.

Polish Olympic Chief Arrested Over Alleged Crypto-Linked Bribery

Polish Olympic Committee head Radosław Piesiewicz has been arrested as part of a criminal investigation by prosecutors. The probe centers on allegations that the CEO of cryptocurrency firm Zondacrypto gifted Piesiewicz a luxury watch valued at 40,000 euros. Authorities suspect the expensive timepiece was given in exchange for assistance in navigating regulatory obstacles. The case highlights growing scrutiny of potential corruption at the intersection of sports governance and the crypto industry.

MoonPay’s newest integration lets AI agents handle crypto lending on Solana