The United States regulator has urgently filed an emergency motion to block Kalshi, a US prediction market, from offering election betting contracts. The submission comes just hours after the judge’s decision toRead More…
07Sep/24
CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days
If granted, the stay would mean Kalshi wouldn’t be allowed to list its election markets until late September at the earliest. The company, which settles trades in U.S. dollars, has been lockedRead More…
‘Unlucky' MEV bot takes out huge $12M loan just to make $20 in profit
An “unlucky” Maximum Extractable Value (MEV) bot took out a staggering $12 million flash loan but ended up only making $20 from its exploits, just enough to buy an actual sandwich. InRead More…
06Sep/24
Telegram Revamps Rules to Allow Moderation of Private Chats Following CEO Pavel Durov’s Arrest
The quiet policy shift could reshape Telegram’s alleged stature as a facilitator for all forms of illegality that French authorities are alleging. Last month, France arrested Durov for allowing alleged criminal activityRead More…
Lara and Tiffany Trump X accounts hacked, users warned not to click links
At least two X accounts of former President Donald Trump’s family have been hacked, with attackers posting several links to sham crypto projects. The official X accounts of Lara and Tiffany TrumpRead More…
04Sep/24
Bitcoin Dives Under $56K as Asian Equities See Red
BTC briefly fell to $55,500, its lowest since August 8, to reverse nearly all gains in the past month. The broader market tracked by CoinDesk 20 (CD20), a liquid index tracking theRead More…
Bitcoin miners see worst revenues in 11 months as difficulty climbs
Bitcoin miners just recorded their lowest revenue-generating month since September 2023 as the number of mined coins fell in August. Miners revenue reached $827.56 million last month, dropping over 10.5% from July’sRead More…
01Sep/24
Cardano’s Chang Hard Fork Goes Live, Introducing On-Chain Governance
CIP-1694, an official “Cardano Improvement Proposal,” describes the new community governance structure and establishes three user-led governance bodies: the Constitutional Committee, Delegate Representatives (dReps), and Stake Pool Operators (SPOs). Moving forward, Cardano’sRead More…
'Absolutely nuts' — Crypto community reacts to X suspension in Brazil
Members of the crypto community expressed their frustration on social media on Aug. 30 after a Supreme Court justice ordered the suspension of the platform X — formerly known as Twitter —Read More…
31Aug/24
A U.S. Crypto Bill’s 2024 Chances
The crypto industry has been begging for issue-specific legislation in the U.S. for years, in the hopes that this legislation may create clear permissions for companies to develop and issue tokens, manageRead More…