Crypto News
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company's efforts to launch political prediction markets in the U.S., without indicating whether they'd allow Kalshi to offer these products while reviewing a lower court's ruling on the products.Source link
OKX to Relaunch US Exchange With New App in Late 2024
OKX, one of the largest crypto exchanges in the world by volume, will debut a new app and sunset the OKCoin app for U.S. users this fall.Source link
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.Source link
Consensys Lawsuit Against SEC Over Ethereum Gets Tossed Out
A judge dismissed the lawsuit that Consensys filed against the SEC over Ethereum, due to a lack of "final" relevant actions by the regulator.Source link
Feds Arrest Alleged Crypto Crooks for Stealing $230 Million in Bitcoin
The men allegedly used a social engineering scheme to swipe 4,100 Bitcoin from a creditor of bankrupt crypto lender Genesis.Source link