CFTC Faces Divergent Views on Prediction Market Regulations

The CFTC's proposed rules for prediction markets have elicited over 1,500 responses, revealing a split between support for regulatory guidance and calls for stricter oversight.
Bitcoin, Ethereum, blockchain, exchanges, hacks, regulaciones cripto

The CFTC's proposed rules for prediction markets have elicited over 1,500 responses, revealing a split between support for regulatory guidance and calls for stricter oversight.

CryptoQuant warns that Bitcoin's recent price surge may not be sustainable, as it was primarily fueled by futures trading rather than spot demand.

The US Treasury has sanctioned crypto wallets linked to Iran, freezing $344 million in cryptocurrency as part of broader efforts to limit Tehran's financial operations.

Gannon Ken Van Dyke, a U.S. Army Special Forces sergeant, faces charges for using classified information to place bets on Polymarket, leading to significant profits.

The Shariah-compliant PUSD stablecoin expands its reach by deploying on ADI Chain, aiming to facilitate transactions within the burgeoning Islamic finance sector.

The rise of AI in bug bounty programs is causing a significant increase in submissions, but also a surge in low-quality reports, challenging crypto protocols.

The Grinex cryptocurrency exchange has suspended its operations after a significant hack attributed to foreign intelligence agencies, resulting in a loss of over 1 billion rubles.

The Kelp liquid restaking protocol exploit highlights systemic risks in decentralized finance, prompting calls for improved security measures across the ecosystem.

The latest Bitcoin cycle is underperforming previous halving events, indicating a shift in market dynamics, according to Galaxy's Alex Thorn.

Moody's analysis indicates that stablecoins will not significantly impact banks in the near term, despite their growing market capitalization and evolving role in finance.