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learningaboutcrypto.com

September 10, 2024

Tough times for prediction markets: Kalshi wins case against CFTC, still faces shutdown

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A U.S. District Court has ruled in favor of the Kalshi prediction market, effectively approving betting on the presidential election’s outcome. Kalshi has won a lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) after the regulator banned betting on…

Sky Pauses Plan to Offboard Wrapped Bitcoin, After Chat With BitGo’s Belshe

An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun’s involvement

Why did Caroline Ellison get such a light sentence?

Prosecutors and the defense alike argued Caroline Ellison should be sentenced to time served—and without her, the scale of Sam Bankman-Fried’s crimes may never have

Ahead of today’s Congressional hearing on SEC oversight, Republicans urged Gensler to repeal SAB 121

Republican lawmakers have strongly requested that the U.S. Securities and Exchange Commission repeal a controversial rule for banks that deal with crypto. Yesterday, Sept. 23, a

BNY nears crypto custody for ETFs after SEC softens SAB 121 stance

Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review.

Bitcoin bulls are laying the path to $66K, but will they make it?

Bullish Bitcoin traders are making progress by attempting to retake the 200-day moving average, but a close above $66,000 could kickstart a rally to BTC’s