Kraken is preparing to bring one of crypto’s most heavily traded derivatives products into a regulated US framework, with the exchange saying eligible clients will soon be able to access CFTC-regulated perpetual futures through Bitnomial. TL;DR Kraken says the products are expected to launch within the next 30 days. The contracts will be listed on …
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The CFTC and SEC have opened a joint public comment process on derivatives product definitions, adding fresh regulatory weight to a debate that could shape how crypto perpetual futures are treated in the United States. TL;DR The agencies are seeking input on definitions under Title VII of Dodd-Frank. The move lands as perpetual futures approvals …
The billionaire founder and CEO of the New York-based hedge fund Third Point LLC is deploying tens of millions of dollars into two hyperscaler names. The latest 13F filing from the U.S. Securities and Exchange Commission (SEC) shows that Dan Loeb opened a new stake in Meta (META) in Q1 of this year, accumulating 90,000 …
A bank customer in South Florida has suffered substantial losses after falling for a sophisticated impersonation scam involving fake bank representatives. The victim, Randall Kahn, says he was contacted by individuals posing as Wells Fargo employees who provided seemingly authentic details to convince him to withdraw large sums of cash from multiple branches over several …
A Charlotte woman lost thousands of dollars after receiving a call from a scammer masquerading as a representative of her bank. Nicole Gilley says she’s $9,000 poorer after a scammer reached out to her using a caller ID that matched her bank’s name, reports Gulf Coast News. “He sounded very professional. Like, ‘Hi, my name …
A new Android banking trojan is targeting 217 banking and cryptocurrency apps while giving attackers broad control over infected devices. The malware is called Rokarolla and is distributed through malicious websites that disguise it as popular applications such as TikTok and Google Chrome, reports the mobile cybersecurity firm Zimperium. Zimperium says Rokarolla is designed to …
A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to crypto as part of a currency diversification strategy. A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to cryptocurrency during fiscal 2026. According …
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SpaceX’s blockbuster debut didn’t just mint a trillionaire; it became a real-world stress test for crypto’s promise of democratized market access. SpaceX’s hotly anticipated public debut on June 12 raised $75 billion at $135 per share, valuing the company at more than $2 trillion and turning its founder, Elon Musk, into the world’s first trillionaire. …
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Bitcoin joined oil in heading lower while stocks gained on US-Iran peace momentum, with traders seeing a quick end to the BTC price rebound. Bitcoin (BTC) dropped back to $66,000 after Tuesday’s Wall Street open as stocks locked in fresh gains. Key points: Bitcoin cools its rebound, even as stock continue higher on US-Iran peace …
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A 15-day AI agent simulation shows why short tests may miss long-term risks shaped by tools, rules and other agents. Why AI agents need longer tests Short, isolated tests miss how AI agents behave over time. A new simulation shows that long-term behavior depends on the environment and on other agents. What happens if you …
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Bitcoin gained bullish short-term BTC price targets with $69,000 on the radar thanks to the US-Iran peace deal, due to be signed in the coming days. Bitcoin (BTC) starts the third week of June with a spring in its step as the US-Iran peace deal sends risk assets higher. Key points: Read more Go to …
Japanese crypto exchange Bitbank warns users of possible account suspensions for Polymarket-linked transactions, citing Japan’s gambling laws. Bitbank, one of Japan’s largest cryptocurrency exchanges, warned users that transactions linked to prediction market platforms such as Polymarket could result in account suspensions due to potential conflicts with the country’s gambling laws. In a notice published on …
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A three-judge panel of the U.S. Court of Appeals for the Second Circuit has unanimously upheld Sam Bankman-Fried’s fraud conviction and 25-year prison sentence. The ruling rejected claims that his trial was unfair or that evidentiary rulings prevented a proper defense, reports Reuters. The court described the government’s evidence as robust and noted Bankman-Fried as …
A California man is facing federal charges for allegedly defrauding a bank out of nearly $100 million. The U.S. Department of Justice says 44-year-old Mahender Makhijani of Corona del Mar orchestrated a scheme involving manipulated title policies and shell companies. Prosecutors allege he falsified title insurance records, concealed true lien positions and used a network of …
New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators’ claim of authority over sports event contracts. New Mexico is the latest US state to be pulled into the Commodity Futures Trading Commission’s legal fight for its jurisdiction over prediction markets after the state sued Kalshi …
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