A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company’s efforts to launch political prediction markets in the U.S., without indicating whether they’d allow Kalshi to offer these products while reviewing a lower court’s ruling on the products.Source
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.Source
The German Attorney General’s Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering.Source
The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.Source
Lawyers contacted by CoinDesk are skeptical the FTX’s founder will get another trial.Source
The decision to split up the upgrade wasn’t unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code.Source
Compared to the last bull cycle, the jobs market is slightly less abundant for candidates looking to enter the industry. But professionals with experience are as well-placed as ever, says Emily Landon, founder of The Crypto Recruiters.Source
Did the launch of spot crypto ETFs help bring crypto into the mainstream and encourage adoption – particularly by closing the gap between advisors and their clients?Source
Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT.Source
Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT.Source