Telo News - Crypto | DeFi | Web3
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The latest and biggest crypto news about how Bitcoin, blockchain, DeFi, and Web3 are shaping our world.

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Connecticutโ€™s Department of Consumer Protection has ordered Robinhood, Crypto.com, and the prediction market Kalshi to stop selling sports event contracts and allow residents to withdraw their funds.

Now, the U.S. states that have issued cease-and-desist orders against Kalshiโ€™s sports prediction market are Nevada, Connecticut, New Jersey, Arizona, Maryland, Illinois, Montana, Ohio, New York, and Massachusetts.

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โค12๐Ÿคจ2๐Ÿค”1
BlackRock has filed with the SEC for an Ethereum staking ETF, โ€˜ETHBโ€™.

This product packages exposure to Etherโ€™s price together with staking rewards and, following approval, is expected to trade on Nasdaq separately from the existing Ether ETFs.

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๐Ÿ”ฅ10โค7โšก1
On December 30, a mobile game that uses Trump Coin is set to launch.

It features a Monopoly-style format where you roll dice to buy properties, and you can earn coins through the game or trade NFT items.

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โค9๐Ÿ‘€4๐Ÿ˜ˆ3๐Ÿ‘2
Upbit has announced that, following the November Solana asset hack, it will keep 99% of customer assets in cold wallets.

This far exceeds Koreaโ€™s legal benchmark of 80%, and some are raising liquidity concerns, including potential withdrawal delays during periods of high volatility.

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Kalshi, a U.S. prediction market platform, has seen sanctions from state regulators temporarily halted by a court ruling in its dispute with Connecticut.

Kalshi argues that its products are not illegal gambling but derivatives regulated by federal financial authorities, and the lawsuit is expected to continue into early 2026.

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โค7๐Ÿ‘5๐Ÿ”ฅ4๐Ÿคจ4
Binance co-CEO Yi He's WeChat account was hacked, and the meme coin โ€˜Mubarakaโ€™ was promoted.

The hacker bought in ahead of time, then pumped the price with false posts, netting around $55,000, and a warning was issued advising investors to beware of scam posts.

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โค14๐Ÿ˜ˆ3๐Ÿฅฐ2๐Ÿ™2
The U.S. Securities and Exchange Commission announced new guidance to help retail investors manage their cryptocurrency holdings more safely.

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โค6โคโ€๐Ÿ”ฅ5๐Ÿ‘2
Stablecoin issuer Tether made a cash offer of around โ‚ฌ1 billion to acquire a stake in Juventus, but majority shareholder Exor said it had โ€œno intention to sell,โ€ and the board unanimously rejected the proposal.

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โค15๐Ÿ‘4๐Ÿคจ4๐Ÿคก3๐Ÿคฃ3๐Ÿ‘€2๐Ÿ‘1
Conviction is the first prediction market designed for the Native Asian market, built on ZetaChain.

It combines a multichain architecture spanning Bitcoin, Solana, and EVM networks with AI-powered insights.

ยท announcement
ยท waitlist

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โค20๐Ÿ‘6๐Ÿค”5๐Ÿ˜3๐Ÿ‘2๐Ÿ”ฅ1
The โ€˜CLARITY Actโ€™ in the U.S. Senate is scheduled for committee review in January.

It aims to delineate jurisdiction between the SEC and the CFTC and establish the first comprehensive federal framework for digital assets.

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โค61๐Ÿ‘20๐Ÿคก18๐Ÿ‘€12๐Ÿค”10๐Ÿ‘4๐Ÿคฃ3