Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed.Source
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World Liberty, Crypto Project Helmed by Donald Trump’s Family, Will Release on Sept. 16
World Liberty Finance is helmed by Trump’s sons, Eric Trump and Donald Trump Jr, and the 18-year-old Barron Trump is the project’s “DeFi visionary.”Source
Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday.Source
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.Source
Building on Bitcoin in the Age of Web3
We need a cultural, philosophical, and technological movement that will return Bitcoin to its once prominent position in the decentralized finance landscape, says Willem Shroé, CEO Botanix Labs.Source
EToro Settles With the SEC: Industry Lawyers React
Under the agreement, the platform can list only BTC, BCH and ETH in the U.S. Is that a hint of which digital assets the SEC thinks are not securities?Source
Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year
A federal judge on Thursday told former FTX executive Ryan Salame that he could be hit with sanctions after Salame lied to the judge about prosecutors not making promises to him as part of his plea deal last year, CNBC reported.Source
Ethereum’s Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further
In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it’s ready to fully decentralize.Source
Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report
The report surveyed more than 2,500 cryptocurrency users in Brazil, Nigeria, Turkey, Indonesia and India.Source
Stablecoin Giant Circle Is Moving Its Headquarters to New York City
The USDC issuer will move into One World Trade Center, and New York Mayor Eric Adams – who has sought to make the city a crypto hub – will attend the Friday ribbon cutting.Source