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"The Commission should treat Kalshi’s certification in the same manner it treats all DCM certifications of new products, and then do what Congress provided: Undertake a public rulemaking process to establish a legal framework for exercising its discretion to determine whether event contracts, including those relating to political control, may
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The bears lost an opportunity when they failed to sustain Bitcoin (BTC) below the $25,000 level this week. That may have attracted buying from the bulls who are attempting to start a recovery in Bitcoin and select altcoins. Additionally, BlackRock’s application to launch a Bitcoin spot price exchange-traded fund and the
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The prediction markets – which allow people “to buy and sell contracts on whether events are going to happen or not,” as Kalshi describes it on its site – have had a tumultuous recent history with the CFTC. Other companies had been ordered to cease doing business in the U.S.,
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According to the bill, the central bank of Brazil has control over crypto firms, while the CVM handles tokens that are securities. Brazil has introduced a new law that passes regulation of crypto firms to the country’s central bank. President Luiz Inácio Lula da Silva (Lula) signed the law increasing the
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A notable difference between AMD’s MI300X and Nvidia’s H100 is the storage facility. While the AMD AI chip can use up to 192 GB of memory, Nvidia’s chip supports 120 GB. American multinational semiconductor company AMD (NASDAQ: AMD) has announced a new AI chip that is positioned to challenge its rival
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Alex said that he is “more political” than his dad and mentioned his stance against the former president. George Soros, the popular philanthropist, and businessman, revealed that he is handing over his $25 billion empire to his son Alex. According to Forbes, George Soros is one of the top 400
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While liquidators based in the Bahamas argued that a Bahamian judge should preside over part of the bankruptcy case, FTX’s restructuring advisors, who took over the exchange after the company’s founder Sam Bankman-Fried was arrested on fraud charges last December, argued against the request. Source
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The governance tokenholders of Tornado Cash will soon regain control over the protocol’s operations, thanks to an unexpected proposal put forward by the attacker. This development allows the community to regain authority and steer the protocol toward recovery and improved security measures.On May 26, the proposal to restore control to
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Just a day after an attacker sparked community-wide panic after hijacking the Tornado Cash governance, a new proposal hints at the possible restoration of the state of governance.On May 21, the passing of a malicious proposal allowed an attacker to gain complete control over Tornado Cash’s governance. With total control
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A bearish market structure has been pressuring cryptocurrencies’ prices for the past six weeks, driving the total market capitalization to its lowest level in two months at $1.13 trillion. According to two derivative metrics, crypto bulls will have a hard time to break the downtrend, even though analyzing a shorter
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