CRYPTO

Rep. Torres 'happy' to help CFTC in regulating election betting contracts

New York Congressman Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election betting contracts

CRYPTO

US lawmakers divided in first Congressional hearing on DeFi

Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion. Source link

CRYPTO

CFTC submits emergency motion to block Kalshi's election betting contracts

The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order. Source

CRYPTO

Fed hits Texas bank with cease and desist over servicing crypto firms

The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures.   Source link

CRYPTO

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3

CRYPTO

Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate

A solo Bitcoin miner operating as part of the Solo CK pool solved a block with just 0.012% of the average hashrate.  Source link

CRYPTO

Elon Musk voices support for sweeping AI safety regulations

Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.” Source link

CRYPTO

Bitcoin's Coinbase premium hits 39-day high as $63K is reclaimed

Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates. Source link

CRYPTO

Mt. Gox shifts out $700M in Bitcoin, first major move in 3 weeks

It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution. Source link

CRYPTO

Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck

Bitcoin miners could increase profitability and improve “bad balance sheets” by allocating some of their energy capacity to the AI and HPC sectors, according to

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