Subletting startup Kiki paid over $152K to settle charges after violating NYC short-term rental laws

Auckland-founded Kiki Club launched its peer-to-peer subletting startup in New York City in 2023 with the mission of helping renters sublet their apartments while traveling for extended periods.  However, Kiki’s model violated local short-term rental laws, leading to its shutdown this past June. The New York Mayor’s Office of Special Enforcement (OSE) announced on Wednesday…

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Buying Largest Bitcoin Batch in 4 Months

Key Takeaways Strategy used preferred shares to fund a major 8,178-BTC purchase, its largest buy since July. New euro-denominated shares supplied most of the capital. Analysts see the firm as resilient despite vocal critics. Strategy, the software company led by Michael Saylor, has made another huge bitcoin purchase. The company bought 8,178 BTC last week…

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Grayscale set to launch XRP trust ETF

Key Takeaways Grayscale is preparing to launch an XRP trust ETF, allowing broader investor access to XRP via a regulated, traditional product. The Grayscale XRP Trust currently operates as a private placement for accredited investors, tracking XRP’s price through a reference rate. Share this article Grayscale has hinted that it will soon launch its XRP…

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Epstein Files Transparency Act Clears US Congress Hurdle, Heads to Trump’s Desk

Congress has signed off on sweeping legislation compelling the U.S. Department of Justice (DOJ) to disclose most of its Jeffrey Epstein case files, advancing the Epstein Files Transparency Act to President Donald Trump after near-unanimous votes in both chambers on Nov. 18, 2025. Epstein Files Transparency Legislation Passes Both Chambers The Epstein Files Transparency Act…

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