Russian Crypto Exchange Grinex Halts Trading, Alleging $13M Exploit by ‘Western Special Services’

In brief Russian exchange Grinex says it was hacked for more than 1 billion rubles or greater than $13 million. The exchange alleged the attack was an attempt to “destabilize” Russia’s financial sector and was conducted by “foreign special services.” Grinex previously been linked to Garantex, an exchange that was seized and removed by the…

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CFTC Backs Prediction Markets in Yet Another Lawsuit Against a State

In brief The CFTC sued Wisconsin after the state moved against prediction market platforms. Wisconsin targeted Polymarket, Kalshi, Coinbase, Robinhood, and Crypto.com on Friday. The state argued those platforms’ sports-related markets constitute unlicensed sports bets. The CFTC on Tuesday filed a lawsuit against the state of Wisconsin over the state’s own lawsuit against top prediction…

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The creative software industry has declared war on Adobe

All empires eventually fall, and it seems the creative software industry has collectively decided that Adobe’s time has come. The Creative Cloud provider’s suite of design tools have been considered the industry standard for decades — despite unpopular decisions to fully embrace generative AI and abandon software licenses in favor of expensive, complicated subscriptions. Pricing…

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    EU Leaders Convene in Cyprus Amid Iran War

    European countries need to step up strategically in the Middle East, strike deals with partners across the region and try to bring an end to the Iran war, Cyprus’ foreign minister said Friday. Bloomberg News Chief Europe Correspondent Oliver Crook joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg) Source…

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