Business – Page 120 – PK Press Club

Polymarket seeks CFTC approval to reopen major exchange to US traders: Bloomberg

Polymarket is seeking approval from the Commodity Futures Trading Commission (CFTC) to bring its primary prediction market back to U.S. users. The company has discussed lifting its ban on U.S.-based traders with CFTC officials in recent weeks, Bloomberg reported Tuesday, citing sources familiar with the negotiations. The ban has been in effect since Polymarket struck […]

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Crypto Coalition Releases Technical Proposal to Save Aave Users from Massive Token Exploit

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A $300 million hole doesn’t usually come with a careful repair manual. This time, the group leading the Kelp DAO recovery effort is attempting to write one. DeFi United, a coalition of several blockchain projects and individuals across the crypto ecosystem, has outlined a detailed, step-by-step plan to restore support for rsETH after this month’s

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GM profits boosted by $500 million tariff rebate

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General Motors said Tuesday it expects to receive $500 million in tariff refunds from the federal government after the Supreme Court struck down some of President Trump’s tariffs. The expected refund helped boost the automaker’s profit in the first three months of the year. GM said it made a profit of $2.6 billion in the

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WeFi collaborates with Visa to explore blockchain payment use cases

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WeFi collaborates with Visa to explore blockchain payment use cases

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In Bitcoin proposal to reallocate Satoshi-related coins

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Paul Sztorc isn’t trying to move Satoshi Nakamoto’s bitcoin. That’s the simple fact that’s been lost in the backlash around eCash, a proposed Bitcoin fork scheduled for August at a block height of 964,000. The new chain would copy Bitcoin’s history up to that point, giving BTC holders an equivalent balance on the forked network.

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‘Michael’ fans danced in the aisles, critics be damned

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They came with their sequined gloves and their shiny loafers, their black fedoras and their red leather jackets. They were dancing in the aisles and singing the hits at the top of their lungs. They were moonwalking, kicking and bending over like gentle criminals. They have left the past behind them. Critics have widely panned

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Bybit launches BTC vs Tokenized Gold trading event with 150,000 USDT prize pool

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Bybit launches BTC vs Tokenized Gold trading event with 150,000 USDT prize pool

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Stellar (XLM) falls 1.7% as index declines

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CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2071.97, down 0.4% (-9.25) since 4 p.m. ET on Friday. Eight of the 20 assets are trading higher. Leaders: APT (+1.3%) and AAVE (+0.6%). Lagging behind: XLM (-1.7%)

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CFTC AI will review applications for crypto registration in the US, president tells CoinDesk

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Already known for its embrace of digital assets, the U.S. Commodity Futures Trading Commission is also relying on artificial intelligence to take over after cutting more than a fifth of its workforce, its chairman Mike Selig said in an interview with CoinDesk. Selig, who is scheduled to appear at Consensus 2026 in Miami next week,

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Israel approves its first ever regulated stablecoin

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The Israel Capital Markets Authority has approved a shekel-pegged stablecoin for the first time. Tel Aviv-based cryptocurrency exchange Bits of Gold received permission to issue the token after a two-year evaluation and piloting process, the authority said in a LinkedIn post. The token, BILS, was developed in collaboration with the Solana network and crypto custodian

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