CFTC proposes framework favoring sports event contracts over gambling
In recent developments, the proposed rules would preserve election markets and allow many sports-based prediction contracts while limiting bets that could encourage manipulation. Looking closer, market participants highlight key drivers…
Unverified DeFi contracts linked to $36.7M in losses: Chainalysis
In recent developments, chainalysis identified a growing attack pattern targeting unverified DeFi contracts, with hackers stealing $36.7 million across four exploits since January. Looking closer, market participants highlight key drivers…
Kraken ‘plans’ regulated perp contracts as rivals are quick off the blocks
In recent developments, in the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within…
CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading
In recent developments, the CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi. Looking closer, market participants…
Nevada Court Rules Kalshi Event Contracts Align With Gambling Laws
In recent developments, a Nevada judge has extended a ban on Kalshi, ruling its event contracts are indistinguishable from illegal gambling. Key Takeaways Judge Jason Woodbury issued a preliminary injunction…
Binance Rolls out USDT-Settled Gold and Silver Contracts
In recent developments, binance is rolling out regulated, stablecoin-settled perpetual contracts tied to traditional assets, starting with gold and silver, giving crypto traders continuous exposure to commodities while formally linking…
