Cambodia's National Assembly unanimously passed its first law targeting crypto-linked scam compounds, with penalties up to life imprisonment and an April 2026 eradication deadline.

Read the full article: https://www.spendnode.io/blog/cambodia-passes-crypto-scam-compound-law-life-imprisonment-huione-enforcement/

The Trump administration filed federal lawsuits against Illinois, Arizona, and Connecticut, arguing prediction markets are derivatives, not gambling.

Read the full article: https://www.spendnode.io/blog/doj-cftc-sue-illinois-arizona-connecticut-prediction-markets-kalshi-polymarket-federal-preemption/

Telegram's built-in wallet now offers perpetual futures trading across 50+ markets with up to 50x leverage, powered by Lighter DEX, reaching 150M users.

Read the full article: https://www.spendnode.io/blog/telegram-wallet-perpetual-trading-lighter-50x-leverage-150-million-users/

The $285M Drift Protocol exploit is spreading across Solana DeFi. At least 20 protocols report exposure, with Prime Numbers Fi citing losses above $10M.

Read the full article: https://www.spendnode.io/blog/drift-exploit-contagion-20-protocols-solana-defi-secondary-losses/

The IMF's new 23-page note argues tokenization reconfigures financial architecture, not just speeds it up. With $27.5B in tokenized RWAs, the risks are real.

Read the full article: https://www.spendnode.io/blog/imf-tokenized-finance-structural-shift-27-billion-rwa-systemic-risk-tobias-adrian/

Todd Blanche, who dismantled the DOJ crypto enforcement team while holding crypto assets, is now interim Attorney General after Trump fired Pam Bondi.

Read the full article: https://www.spendnode.io/blog/todd-blanche-interim-attorney-general-doj-crypto-enforcement-memo-bondi-fired/

Tether is pushing to finalize its fundraising at a $500B valuation after scaling back from $20B, with a KPMG audit and USAT launch backing its case.

Read the full article: https://www.spendnode.io/blog/tether-final-push-close-fundraising-500-billion-valuation-kpmg-audit-usat/

Riot Platforms, Empery Digital, Genius Group, and Bhutan are all reducing their Bitcoin holdings. The corporate accumulation thesis is facing its first real stress test.

Read the full article: https://www.spendnode.io/blog/bitcoin-treasury-boom-unwinding-companies-governments-selling-btc-riot-empery-bhutan/

The Drift Protocol attacker has converted nearly all $285M in stolen funds into 130,262 ETH, creating one of the largest concentrated positions on Ethereum.

Read the full article: https://www.spendnode.io/blog/drift-protocol-exploiter-130000-eth-267-million-concentrated-position-market-impact/

Treasury's 87-page proposal sets a $10 billion threshold separating state and federal stablecoin oversight, with a 60-day comment window now open.

Read the full article: https://www.spendnode.io/blog/us-treasury-genius-act-stablecoin-nprm-10-billion-state-federal-framework/