Venture capitalist who spent a decade backing deep tech and quantum hardware startups says bitcoin BTC$73,470.49 the industry is obsessed with the bad half of the quantum problem, wallet keys instead of the encrypted messages that already flow between exchanges, bridges and custodians today. “The most dangerous vulnerability in the financial system lies not in […]
JPMorgan Chase CEO Jamie Dimon again sharply criticized Coinbase CEO Brian Armstrong on Friday and warned that the latest version of the Clarity Act could ultimately fail if lawmakers do not address traditional banks’ concerns over stablecoin regulation. In an interview with Maria Bartiromo on Fox Business, Dimon appeared frustrated with the direction of the
JP Morgan’s Dimon intensifies battle over stable rewards in CLARITY Act debate Read More »
Prediction Market Kalshi has filed a federal lawsuit against a Minnesota bill to criminalize operating, hosting or promoting such a platform in the state starting August 1. The filing follows a petition filed by the Commodity Futures Trading Commission (CFTC) on May 19, the day after Governor Tim Walz signed the law, arguing that the
Kalshi follows CFTC in suing Minnesota over its law criminalizing prediction markets Read More »
Jeffrey Sprecher, founder and CEO of Intercontinental Exchange (ICE), called decentralized perpetual futures platform Hyperliquid “bigger than NASDAQ” at a conference at Bernstein this week and revealed that his team had met with its founders several times, a sign that US incumbents no longer treat crypto-native trading platforms as fringe. “This hyperliquid thing we’re talking
ICE CEO Calls Hyperliquid Bigger Than NASDAQ, Says He Met Its Founders Read More »
This morning, the Commodity Futures Trading Commission (CFTC) took a historic step to allow the listing of a true Bitcoin perpetual contract by a CFTC-registered exchange. In doing so, the Commission has charted a path for one of the most liquid segments of the crypto asset market to exist within the U.S. regulatory framework. Having
What Perpetual US Crypto Assets Mean for the Future of Crypto Read More »
As global trading trends move toward 24-hour markets with no days off, the U.S. Commodity Futures Trading Commission argued that might be a good thing for new blockchain-native players, but that expanded hours might not be appropriate for some of the traditional markets, the derivatives watchdog said in a letter Friday to all of the
Latest developments: Klein argued that the Commodity Futures Trading Commission faces a significantly broader mandate as lawmakers consider expanding its authority over digital assets. Klein recently joined Rebecca Rettig and Renato Mariotti on CoinDesk’s The Policy Protocol. Klein said the CFTC was originally created to oversee commodity futures markets and was not designed for the
Clarity Act Risks Regulation Without Oversight, Brookings Fellow Says Read More »
The global rush to deploy autonomous AI agents across the internet, enterprise networks and consumer applications is creating catastrophic security debt, according to the head of blockchain security auditor Certik. While companies ambitiously market these tools as productivity miracles, the harsh reality is that this can be a very, very risky thing. Unisolated and uncontrolled
Mass deployment of AI agents is a disaster waiting to happen, says CertiK CEO Read More »
The most recent Middle East peace agreement appears to carry more weight than the dozen previous agreements. Stocks continue to rise, bond yields are falling and oil has fallen near a three-month low. However, no news could push crypto prices higher. Bitcoin (BTC) fell back to $72,500 in morning trading in the United States, down
BTC drops below $73,000 in still sluggish trade Read More »
U.S. crypto companies can offer perpetual futures, or “perps,” without running afoul of the U.S. Commodity Futures Trading Commission, under the agency’s first approval of an unnamed exchange to list and trade Bitcoin perpetuals, the regulator said Friday. Perp is a kind of derivative that allows the investor to speculate on future price movements of
US CFTC opens door to crypto ‘criminals’ with first approval of regulated firm Read More »
