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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EOSDT Supply Cap Increases by $100M With Bitcoin Liquidity Support
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Crypto Trading Pioneer Rana Yared Leaves Goldman Sachs
Financial service powerhouse Goldman Sachs Group Inc. lost another one of its top brass on February 5 after two other executives expressed departure plans several days prior.Goldman Sachs partner Rana Yared plans to exit her position at Goldman Sachs for a VC outfit, a source told Bloomberg for a Feb. 5 article. During her time…
Does Blockstack Really Have 1 Million Verified Users?
Blockstack PBC announced on Jan. 29 the completion of its “Milestone II” that unlocked $6.8 million from its 2017 initial coin offering. The project claims to have on-boarded one million verified users, an achievement that some in the community did not believe. Cointelegraph conducted an analysis of blockchain data to see if this claim could…
Neither Dominant Nor Defeated, EOS Still a Work in Progress
Blockchain projects that comprise the greater cryptocurrency sector’s market cap are unquestionably bootstrapped — a product of ingenuity and crowdsourced blockchain fundraising.But with the industry evolving further in the last few years, gaps between mature projects and less developed ones are more noticeable, exhibited by issues that a well-funded or more thorough team of development…
White Label Exchange Provider AlphaPoint Raises $5.6 Million
New York-based white label exchange provider AlphaPoint has raised a further $5.6 million from investors to help scale its exchange technology.AlphaPoint’s tech is currently used as the backend for 150 exchanges across 35 countries, servicing more than a million end users. The funding will be used for platform development and to roll out more sophisticated…
ECB Official: Stablecoins Pose Risks to Public Policy Priorities
A board member of the European Central Bank (ECB) has argued that stablecoins like Facebook’s long-awaited Libra coin pose risks to public policy priorities.ECB board member Benoit Coeure delivered his comments on stablecoins’ regulatory issues at a meeting at the Bank of International Settlements (BIS) in Basel, Switzerland, Reuters reported on Sept. 16. Coeure specifically…
Bitfinex Announces Support for OKEx Exchange Token
Cryptocurrency exchange Bitfinex is now listing two tokens from the exchange OKEx: its native utility token OKB and the stablecoin USDK, according to a press release on June 12.Bitfinex will offer trading pairs with the new tokens and other significant fiat and digital currencies like U.S. dollars, bitcoin (BTC), EOS, tether (USDT) and ether (ETH).The…
ZKP could help resolve blockchain tensions with GDPR
Europe commissioned a new law called GDPR in 2018. It gives EU citizens control over who collects their personal data and how it’s handled. The pop-ups on websites seeking permission to gather and access your data result from the compliance need the act has imposed. Companies globally (if interacting with EU citizens) are subject to…