‘An Explosion of Election Gambling’ Is Nigh, CFTC Warns Appeals Court
The regulator pleaded with the court to halt Kalshi’s political prediction markets for the duration of the CFTC’s appeal.Source
Archive for month: September, 2024
Even Temporarily Blocking Election Contracts Risks ‘Irreparable’ Harm, Kalshi Argues
Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission’s move to block its new election contracts, saying they would harm the company.Source
Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial
The FTX founder is six months into a 25-year prison sentence.Source
Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider
The registry, launched in March by Argentina’s National Securities Commission, already has 79 approvals.Source
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.Source
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations.Source
DAOs Need a Vibe Check
A recent token heist at Compound DAO revealed the weakness of current DAO governance voting. There is a better way, say Andrés Fábrega, Jay Yu, Amy Zhao, and Ari Juels.Source
Latin American Crypto Exchange Ripio Unveils DeFi Credit Card With Visa
The product will allow users to access up to 30% of blocked assets in a liquidity pool.Source
Polygon’s POL (MATIC) Token Spikes 15% on Binance Listing
Polygon introduced last week the upgraded version the network’s token, POL, migrating from its longstanding token MATIC with some tokenomics changes.Source