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U.S. CFTC  seeks event contract definitions that may defy states' gambling claims
U.S. CFTC seeks event contract definitions that may defy states' gambling claims

Casino

As it battles with states over prediction markets, the CFTC sent two related rules on swaps definitions for White House review.Source: CoinDesk...

Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'
Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'

Crypto Market Analysis

The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin,...

Crypto industry gave $8 million to Clarity Act lobbyists who didn't close the deal
Crypto industry gave $8 million to Clarity Act lobbyists who didn't close the deal

Crypto Market Analysis

In the first half of this year, the sector poured millions into lobbying, with most of it tied to pushing the U.S. market structure bill to a goal it ...

FCA opens crypto authorization window ahead of 2027 UK regime
FCA opens crypto authorization window ahead of 2027 UK regime

Crypto Market Analysis

Crypto businesses should apply by Feb. 28, 2027, while existing money laundering registrations will not convert into FCA authorization.Source: CoinTel...

Singapore crypto activity grows 55% as broader region contracts
Singapore crypto activity grows 55% as broader region contracts

Crypto Market Analysis

Singapore’s crypto economy grew 55.4% to $284 billion as institutional-platform activity surged 94%, while the Philippines, Thailand and Vietnam sto...

Could THORChain face prosecution over stolen Bitget funds?
Could THORChain face prosecution over stolen Bitget funds?

Crypto Market Analysis

THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’...

Bitget ‘gradually back to usual’ as protection fund reaches $309M
Bitget ‘gradually back to usual’ as protection fund reaches $309M

Crypto Market Analysis

Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in ...

Brazil’s Petrobras uses Cardano to track sustainable aviation fuel, renewable diesel
Brazil’s Petrobras uses Cardano to track sustainable aviation fuel, renewable diesel

Crypto Market Analysis

Petrobras developed two Cardano-based applications to track sustainability claims tied to aviation fuel and renewable diesel as part of an ongoing res...

Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace
Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace

Crypto Market Analysis

Three transfers pushed about 15% of the stolen ZEC into Ironwood, where payments hide their senders, recipients and amounts.Source: CoinDesk...