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Kraken Challenges SEC Overreach in Recent Court Filing


In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024, claims the SEC fails to identify legitimate...

U.S. CFTC Proposes Ban on Political Event Contracts


The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts

LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon


The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence of airdrop hunters and their impact on the token's value. The post LayerZero...

New Blockchain-AI smart contracts on ICP might boost recovery


Internet Computer (ICP) recently made a few developments showcasing its first Blockchain AI smart contracts implementation. The DFINITY-powered blockchain network marked a key milestone in integrating Blockchain and artificial intelligence. This is an initiative towards the ambitious goal of...

Cboe to Wind Down Spot Crypto Trading Platform to Consolidate Services


Exchange operator Cboe announced plans on Thursday to wind down its spot crypto trading platform in the third quarter. Cash-settled Bitcoin and Ether futures contracts will transition to the Cboe Futures Exchange in the first half of 2025, pending approval. The post Cboe to Wind Down Spot Crypto...

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