US court rejects crypto developer legal shield bid
A US court has dismissed a lawsuit by crypto developer Michael Lewellen seeking legal protection for his software from money transmitter laws, ruling there was no credible threat of prosecution.

Founder and CEO of Grafa, leading the company's vision to democratise financial data and empower investors with innovative tools.
A US court has dismissed a lawsuit by crypto developer Michael Lewellen seeking legal protection for his software from money transmitter laws, ruling there was no credible threat of prosecution.
The Marshall Islands’ universal basic income programme has attracted crypto-connected backing, with M1X Global raising $3 million to support a digital sovereign bond tied to the initiative.
Ripple has joined the Monetary Authority of Singapore’s BLOOM initiative with Unloq to test programmable cross-border trade settlement using the XRP Ledger and Ripple USD.
Australia is moving toward full-scale tokenised asset markets as the Reserve Bank of Australia shifts from research to implementation following its Project Acacia program.
The Ethereum Foundation has launched a dedicated hub outlining its roadmap to protect the network from future quantum computing threats, as development efforts accelerate.
New Zealand's Tower (ASX:TWR) appointed Simon Hoole as its Interim CFO, effective May 1.
PDD Holdings (NASDAQ:PDD) reported its unaudited financial results for the fourth quarter and full year ended December 31, 2025, on Wednesday, revealing a narrative of steady top-line expansion tempered by the rising costs of its global ambitions.
Tuas (ASX:TUA) announced a 173% surge in statutory net profit after tax for the first half of FY26, reaching S$8.2 million.
Corcept Therapeutics Incorporated (NASDAQ:CORT), a commercial-stage company pioneering the modulation of cortisol to treat severe disorders, today announced that the U.S. Food and Drug Administration (FDA) has approved Lifyorli™ (relacorilant).
Energous (NASDAQ:WATT), a leading developer of RF-based wireless power networks, announced its financial results for the fiscal year ended December 31, 2025.