The Hollywood Reporter‘s own parent company, Penske Media, has also updated its employee handbook in recent weeks to ban bets on “award …
Staff
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The original answer, issued Sept. 25 and covered by The Defiant, referred only to a system being functional. The SEC’s comparison with …
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Scams
SEC Staff Says Token Buybacks Don’t Make Crypto a Security—If the Network Works
by shayaanby shayaanIn brief The SEC’s Division of Corporation Finance said buyback announcements on functional crypto networks don’t count as promises of “essential managerial …
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Scams
CFTC Staff Advisory Says Prediction Market ‘Mention’ Contracts Invite Manipulation
by shayaanby shayaanIn brief CFTC market oversight staff said prediction market contracts settling on whether a named person says certain words should be presumed …
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Markets
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
by shayaanby shayaanCommodity Futures Trading Commission Chairman Mike Selig told the inaugural gathering of the Innovation Advisory Committee that his agency won’t sit idle. …
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In brief OpenAI employees told Wired that pressure to release models and products has made it difficult to prioritize safety, security, and …
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In brief Crypto custody and infrastructure firm BitGo is cutting nearly 15% of its staff, CEO Mike Belshe said Thursday, calling it …
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TL;DR CFTC staff issued no-action guidance related to digital commodity perpetual futures. The relief applies to CFTC-registered designated contract markets, not offshore …
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Markets
Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
by shayaanby shayaanThe crypto exchange is also seeking fresh funding at a $20 billion valuation as it ramps up acquisitions and prepares for a …
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In brief Coinbase is cutting roughly 14% of its workforce, CEO Brian Armstrong announced Tuesday, citing crypto “down market” and AI-driven productivity …