In a notable move within the digital asset ecosystem, Circle and Tether have collectively issued $3 billion in new stablecoins over the …
Markets
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Markets
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
by shayaanby shayaanWashington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing …
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Analysis
Prediction Markets Platform Kalshi Delves Further Into Traditional Derivatives, Seeks CFTC Nod for Copper Perpetual Futures Contract
by shayaanby shayaanKalshi prediction market platform is expanding into regulated perpetual futures trading for copper, a key industrial metal. The proposed COPPERPERP contract would …
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In brief CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara clashed during a CFTC roundtable in Washington, D.C. Duffy …
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Scams
Bitcoin’s Sharpest Rally in Five Months Flips Markets From Bearish to Coin Flip
by shayaanby shayaanIn brief Bitcoin jumped as much as 8.7% Wednesday to an intraday high of $69,749, its steepest one-day move since March 4 …
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In brief Kalshi filed with the CFTC to launch a perpetual futures contract tied to copper prices. The proposed contract would use …
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Finance
Tether AI applications target 650 million users across developing markets
by shayaanby shayaanTether is stepping well outside its familiar territory as the world’s largest stablecoin issuer. CEO Paolo Ardoino has confirmed that the company …
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In brief OpenAI said Aug. 7 it slowed Astra’s rollout after internal tests showed cyber capabilities it can’t rule out as “Critical”. …
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Regulation
Hyperliquid Policy Center and Pyth Core Contributor Urge SEC to Scrap Rule 611 for Onchain Markets
by shayaanby shayaanThe Hyperliquid Policy Center, in collaboration with Douro Labs, a core contributor to the Pyth Network, has submitted a joint comment letter …
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For a company that runs a corporate treasury around bitcoin, the most important gatekeeper is no longer a bank or a securities …