Mon, January 20

CFTC Wins Court Stay Prompting Kalshi to Halt US Election Betting

Commodity Futures Trading Commission (CFTC), has successfully secured an administrative stay in its ongoing legal dispute with Kalshi, a regulated exchange and prediction market based in New York. The conflict began when Kalshi filed a lawsuit against the CFTC at the end of 2023, challenging the regulator’s decision to block

September 13, 2024 2 mins read

Crypto Miners Foresee Potential Bull Run Despite Price Drop

The mining wallets of the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) have been through a consistent decline in the asset holdings since the mid-2024. However, a slight recovery in prices indicates that miners might increase their collective assets. According to the analytics firm Santiment, this drop in supply is

September 13, 2024 2 mins read

Treasure DAO to Vote on Moving Web3 Games to ZKsync Network

Treasure DAO is set to vote on a proposal that could move its Web3 gaming ecosystem from Arbitrum to ZKsync. The vote, scheduled to begin on September 17, will determine if the DAO should approve this migration. The proposal suggests that ZKsync’s technology is better suited for Treasure’s long-term goals

September 13, 2024 2 mins read

US Lawmaker Proposes Unified CFTC SEC Committee for Digital Asset Regulation

Congressman John Rose from Tennessee has introduced a bill aimed at streamlining digital asset oversight through a unified regulatory approach. The proposed legislation, known as the “BRIDGE Digital Assets Act” (also referred to as the “Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act”), seeks to establish

September 13, 2024 2 mins read

Tether Accused of Transparency Deficit by Consumer Watchdog

Web3 and cryptocurrency consider transparency their cornerstone and crucial for the decentralization motto. Additionally, within the sector, every firm aims to provide a transparent environment to its users and investors alike. Recently, leading stablecoin issuer and cryptocurrency institution, Tether has encountered a crossroads receiving accusations regarding its transparency.  Notably, the

September 13, 2024 2 mins read

Donald Trump Set to Launch World Liberty Financial

Donald Trump revealed the launch date for his family’s crypto project, World Liberty Financial. The launch is set for Monday, just 50 days before the upcoming U.S. election, stirring speculation in both political and financial circles. The project, which his son will spearhead, aims to embrace the future of decentralized

September 13, 2024 1 min read

US PPI Inflation Rises 0.2% in August Amid Fed Rate Cut Speculation

The data from the United States Bureau of Labor Statistics, released on Thursday, show that the US PPI inflation increased 0.2% in August. This aligns with the Dow Jones consensus estimate teased before the readings came out. This important inflationary gauge comes amid increasing speculations in anticipation of a rate

September 12, 2024 2 mins read

Crypto Exchange Binance Adds Hamster Kombat (HMSTR) to Launchpool

Binance announced the inclusion of Hamster Kombat (HMSTR) to its Launchpool platform on Thursday, September 12, 2024. Additionally, the HMSTR token will be listed on the exchange’s platform later on. The newly released gaming token has scored a major triumph with this. Binance customers will have the option to lock

September 12, 2024 1 min read

Legislators Probe SEC Chair Gensler Over Political Bias in Hiring

Market debates have been sparked by the investigation into the hiring procedures of US SEC Chair Gary Gensler. There are worries about the agency’s neutrality in recruiting methods. Since the probe, which was initiated by the House Republicans, suggests that it may be violating federal law by perhaps considering political

September 12, 2024 2 mins read

CEX.IO Resumes UK Operations After 10 Month Hiatus

After a 10-month suspension, CEX.IO, a prominent centralized crypto exchange, has officially resumed its operations in the UK as of Thursday morning. This development follows the exchange’s alignment with the Financial Conduct Authority (FCA) regulations and its collaboration with Nexo. The temporary halt in October 2023 was in response to

September 12, 2024 2 mins read
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