RaaS #617: SEC Drops All Claims Against Justin Sun!

ICE Invests in OKX, Kazakhstan Plans $350M Crypto Portfolio: GM Web3!

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Radarblock xyz
March 06, 2026

Pudgy Penguins Sued, Kaito AI Launches Kaito Studio, and Moar!

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The parent company of the New York Stock Exchange, ICE, has invested in Bitcoin exchange OKX at a $25 billion valuation. This marks a significant institutional endorsement for the crypto exchange space from traditional finance's most iconic player.

The SEC has moved to dismiss all claims against Justin Sun, Tron Foundation, and BitTorrent Foundation. Sun confirmed the resolution brings closure, emphasized that he never stopped building, and expressed interest in working with the SEC to develop future crypto guidance and regulations.

Kazakhstan's central bank plans a $350 million portfolio tied to crypto markets, expected to begin in April–May. The sovereign move signals a growing appetite among nation-states for digital asset exposure beyond typical reserve strategies.

Your daily dose of bite-sized crypto news.

  1. The son of a U.S. government contractor accused of stealing $46 million in crypto from the Marshals Service was arrested by the FBI.

  2. Dubai's digital assets regulator VARA says unlicensed KuCoin must cease operations, weeks after Austria prohibited its European arm.

  3. Cursor is introducing Cursor Automations to build always-on agents.

  4. a16z leads Lio's Series A to build an AI-powered virtual procurement workforce for enterprises.

  5. Meta is being sued over AI smart glasses after workers allegedly reviewed intimate, personal footage.

Kaito AI launched the Kaito Studio beta, moving to a new model in which brands and creators can match based on mutual fit and expectations. Since February, their creator network has grown to represent 80 million collective followers and $14 billion in follower net worth across 118 countries.

OKX has debuted a social platform linking posts directly to trades. The feature bridges social engagement with onchain activity, potentially reshaping how traders share and verify their market calls.

Revolut is seeking a de novo banking charter with the OCC. If approved, the fintech giant would gain full US banking capabilities, positioning itself to compete directly with traditional institutions in the crypto-friendly banking space.

Cluely’s CEO, ironically, has a clue about his company’s lies.

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Top Gainers: XPT, FAI, WAR, SIGN, UAI.

High-signal reads are worth your time, all in one place.

  1. How to master AI content (step by step).

  2.  a16z Playbook: How to build in Web3 in 2026

  3. Airdrops that could print this year.

  4. Privacy is the missing piece in crypto payments.

  5. What’s cooking for the agentic era?

Some penguins swim, others drown in lawsuits.

Vancouver city staff asked council to drop the BTC reserve motion, stating Bitcoin is not an "allowable asset." The pushback highlights the regulatory hurdles municipalities face when considering crypto treasury diversification.

Anthropic CEO warns the company is no longer sure Claude isn't conscious. Whether philosophical musing or genuine concern, the statement adds fuel to the accelerating AI safety debate.

That’s all for today!