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Crypto.com and Novig sue Missouri over sports contract enforcement
Crypto.com and Novig filed federal lawsuits on October 16 2026 after receiving cease‑and‑desist letters from Missouri Attorney General Catherine Hanaway.
- Both companies argue their sports event contracts are swaps or commodity‑exchange products, not unlicensed gambling under state law.
- Both lawsuits place Missouri's enforcement effort before federal courts, with Novig in the Eastern District and Crypto.com in the Western District.
Hyperliquid Policy Center proposes five changes to SEC crypto rule draft
Fidelity Digital Assets pays $500,000 to settle California crypto withdrawal probe
Strategy raises STRC buyback limit to $3 billion alongside 267 BTC purchase
Cysic suspends cross-chain bridge after attacker mints 10 million CYS
Cysic suspended its cross-chain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain. The attacker sold about 7.2 million CYS and received 306.6 ETH, valued at roughly $727,000 at the time.
XRP exchange traded funds record first weekly outflows in thirteen weeks
US spot XRP exchange-traded funds recorded $1.84 million in withdrawals. This ended a thirteen-week streak of net inflows for the investment products.
US spot Ether ETFs post about $320 million in weekly outflows
US spot Ether ETFs recorded about $320 million in net outflows for the week, while US spot Bitcoin ETFs lost about $229 million, according to the reports. Ether fund withdrawals were larger than Bitcoin fund withdrawals.
Deutsche Bank nears crypto custody launch in Germany with stablecoin support
Deutsche Bank is preparing to launch institutional crypto custody in Germany within weeks. The service will target professional and institutional clients, not retail customers.
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