As part of the fundraising, Genesis is becoming part of a much bigger bet on selling computing power rather than mining $BTC. …
Contracts
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Markets
Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts
by shayaanby shayaanTrade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders …
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Regulation
Kalshi’s Senate contracts can settle on different answers to the same election
by shayaanby shayaanWhat the $3.02 package buys The package combines one YES on Democratic Senate control with one NO on each of three disjoint …
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Markets
Ethereum delays Glamsterdam test after security devs flag risk to existing contracts
by shayaanby shayaanDevelopers canceled Monday’s Hoodi activation after researchers showed how new gas rules could let smart contracts permanently record failed operations. www.coindesk.com
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Regulation
Canada Tightens Prediction Market Rules, Banning Brokers from Displaying Sports Contracts
by shayaanby shayaanBrokers Must Filter the Entire Product Experience CIRO says dealers must keep unavailable contracts out of search results, recommendations and marketing, even …
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Analysis
CFTC Draws Sharp Line Excluding Casino Gambling From Swaps While Targeting Event Contracts
by shayaanby shayaanFederal regulators are drawing a sharp line between casino-style gambling and event contracts in derivatives oversight. The Commodity Futures Trading Commission says …
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Markets
U.S. CFTC moves to fold event contracts into swaps regulations as legal fight rages
by shayaanby shayaanThe derivatives regulator is proposing a formal rule to include certain contracts traded on platforms like Kalshi’s as swaps that require the …
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Markets
CFTC Lets Exchanges Convert Index Futures Into True Perpetual Contracts
by shayaanby shayaanTL;DR CFTC staff has issued temporary no-action relief allowing designated contract markets to convert certain broad-based security index futures into true perpetual …
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Regulation
Kalshi and Coinbase Win Partial Illinois Ruling on Sports Contracts
by shayaanby shayaanThe opinion resolves requests across three related cases involving Coinbase Financial Markets, KalshiEX, and the United States and CFTC, with the Coalition …
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Markets
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations
by shayaanby shayaanA Sixth Circuit Court of Appeals panel ruled that prediction markets’ sports-related events contracts are not swaps, and therefore aren’t subject to …