Judges quiz CFTC, Kalshi over US election markets offering

September 20, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

US appeals court judges peppered the CFTC and betting platform Kalshi’s lawyers with questions as the regulator bids to overturn a lower court’s decision allowing election markets.

The hearing on digital assets will involve discussions around four key aspects: crypto exchanges, stablecoin offerings, regulatory concerns in digital assets and federal regulatory responses. 1699 Total views 37 Total shares The United States House Committee on Financial Services released a memorandum detailing the points of discussion during the hybrid hearing on digital assets to be…

Former CFTC lawyer says agency should take lead on memecoin regulations

The disagreement over whether the SEC or CFTC should regulate memecoins points to confusion arising from the lack of a clear regulatory framework for digital assets.

DeFi activity on the decline, but investment rolls in: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A new analysis by investment management fund VanEck revealed that economic activity in the DeFi sector dropped 15.5% in August. Blockchain Capital, on the other hand, announced two

Grayscale’s Bitcoin Mini Trust ETF tops $1B in net inflows

The ETF, which Grayscale spun off from its older Grayscale Bitcoin Trust, now holds around $4 billion in assets.

Supply chain woes and the growth of Web 3 back OriginTrail’s fresh ATH

Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been gaining traction over the past…

Data Shows $1,000 Bitcoin Price Gains Are Followed by 38% Drawdown

This week Bitcoin price pulled off an incredible rally that appears to have exceeded the expectations of many investors. Data from Cointelegraph Markets and CoinMarketCap shows record trading volume across multiple crypto exchanges occurred as Bitcoin rallied to $9,400 but this doesn’t mean that the long awaited bull market has started. Crypto market daily price chart.…

‘Fireworks Are Coming’ — FX Markets Will Boost Bitcoin, Says Analyst

Max Bronstein, who works on the Institutional Coverage team at Coinbase, believes “fireworks” are coming to the global currency market. What’s more, a spike in volatility of currencies might largely benefit the price of Bitcoin (BTC).He said:“A lot has been said on BTC's performance during bouts of equity volatility, but not as much on how…

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Apple holds back AI releases in EU due to Digital Markets rules

Hundreds of millions of people will be denied access to new Apple features.

Why isn’t there a VR client yet for Decentraland or The Sandbox?

The Metaverse and Virtual Reality (VR) go hand in hand in the public’s imagination and platforms including Somnium Space, Crypto Voxels, and Meta’s Horizon Worlds already support the technology.But despite describing itself as a “decentralized virtual reality platform” on its website, the browser-based 3D metaverse platform Decentraland still lacks VR.Sean Ong, founder of extended reality…

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