CFTC says court ‘erred at every turn’ in allowing Kalshi’s election markets
The CFTC says a federal court judge “mistakenly erred” when it allowed betting market Kalshi to list event contracts for the 2024 US elections.
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US SEC Launches ‘Strategic Hub’ to Address DLT and Digital Assets Issues
The U.S. Securities and Exchange Commission (SEC) has launched the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), according to an official announcement published Oct. 18.The FinHub will be run by Valerie A. Szczepanik, Senior Advisor for Digital Assets and Innovation and Associate Director in the SEC's Division of Corporation Finance. The hub aims…
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Folding@Home Surpasses 400,000 Users Amid Crypto Contribution
In a recent Reddit ask-me-anything (AMA) Gregory Bowman, Folding@Home’s (F@H) director, revealed that the project currently has 400,000 computers actively contributing to research.“We had about 30K users before the pandemic started,” he stated, adding: “In the past two weeks, 400K volunteers have joined Folding@home.”The number of F@H donors has increased 1200% in four weeksFolding@Home is…
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Asian crypto stocks plunge as Bitcoin drops to three-week low
Metaplanet, OSL Group and Boyaa led the crypto stock downturn as Bitcoin fell to $91,163 amid broader market fears over tariff trade wars.
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DefiLlama forked as internal dispute unfolds
A disagreement over the launch of a LLAMA token led core employees to fork DefiLlama blockchain on March 19. 278 Total views 7 Total shares Own this piece of history Collect this article as an NFTA dispute has taken place within the decentralized finance (DeFi) analytics dashboard DefiLlama, leading the platform to be forked by…
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Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources.
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DeFi project Aave unlocks collateral with version 2 release
The decentralized finance, or DeFi, niche of crypto has boomed in 2020, paying users interest on locked funds (collateral) in exchange for loans. DeFi protocol Aave recently unveiled its second version, V2, adding further potential to the sector. “In DeFi, assets that were being used as collateral were tied up, but now with V2 they are…
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Hong Kong Entrepreneur Accused of Cheating Investors in Crypto Mining Investment Scheme
A Hong Kong-based entrepreneur has been accused of duping numerous investors in a cryptocurrency mining hardware investment scheme. A local English-language newspaper South China Morning Post (SCMP) reported the news Jan. 6.The Democratic Party — currently the second-largest political party in the Legislative Council of Hong Kong — has reportedly received over 20 complaints since…
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Major Blockchain Investors Arrington XRP, NEO Global Back DEX-Focused Startup
Decentralized exchange (DEX) aggregator Totle has closed a fresh funding round led by major blockchain investors, according to a blog post from the firm Jan. 14.Arrington XRP, a crypto-focused hedge fund created by TechCrunch founder Michael Arrington, alongside top blockchain investment funds NEO Global Capital (NGC) and Goren Holm Ventures, have reportedly jointly led the…