In brief CFTC market oversight staff said prediction market contracts settling on whether a named person says certain words should be presumed readily susceptible to manipulation. The presumption also covers contracts on attendance, handshakes, …
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Staff
- DeFi Market
CFTC Staff Give DCMs a Path to Convert Perpetual-Style Digital Commodity Futures Into True Perpetuals
by adminby adminCFTC staff issued release 9252-26 on Friday, giving designated contract markets a no-action path to convert existing perpetual-style digital commodity futures into true perpetuals, advancing the agency’s buildout of a regulated US crypto derivatives …
In brief Story Protocol developer PIP Labs has let go of several employees and contractors. The reductions come as the firm explores opportunities associated with AI. The company unveiled an $80 million Series B …
- Altcoin Highlights
Block Inc Slashes 40% of Staff in Major AI Restructuring: Good for Crypto?
by adminby adminBlock Inc (NYSE: XYZ), the fintech payments company led by Jack Dorsey, announced a massive workforce reduction on Thursday, slashing approximately 40% of its staff as part of a pivot toward AI. The restructuring …
DeFi Market
Former Trump Chief Of Staff Targets Sports Prediction Markets With New Advocacy Coalition
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Group ‘Gambling Is Not Investing’ argues sports contracts bypass state gambling frameworks as CFTC defends federal derivatives authority A newly formed advocacy coalition led by Mick Mulvaney, who served as President Donald Trump’s White …
