CME Group is extending its cryptocurrency derivatives roster as traditional finance institutions step up efforts to provide regulated digital asset exposure. The derivatives giant is preparing new altcoin futures and moving its crypto products to a 24/7 trading schedule, aligning…
South Korea orders crypto checks every five minutes
South Korea is tightening oversight of domestic cryptocurrency platforms after regulators identified weaknesses in exchanges’ internal control systems. The country’s top financial watchdog has unveiled new requirements that will force exchanges to reconcile customer assets against on-chain holdings every five minutes,…
Appeals court backs Kalshi in New Jersey sports market case
A recent federal appeals court decision involving New Jersey and prediction market platform Kalshi is sharpening the regulatory lines around event-based derivatives in the U.S. crypto and digital asset ecosystem. While Kalshi itself is not a blockchain-native platform, the ruling…
Is Polymarket facing scrutiny after removing pilot market?
On-chain prediction platform polymarket has withdrawn a controversial market tied to the fate of a missing U.S. service member after mounting criticism over users wagering on a potential rescue. The removal comes as the Ethereum-based venue faces wider questions about its market…
Why did Nevada extend its ban against Kalshi markets?
A Nevada judge has expanded restrictions on prediction market operator Kalshi, sharpening a growing jurisdictional clash over whether event contracts are regulated as derivatives or as gambling products. While the dispute is framed as a gaming issue at the state…
Ethereum Foundation adds $93M in ETH toward 70000 ETH goal
The ethereum foundation has moved closer to a major staking milestone, locking tens of thousands of ETH into Ethereum’s proof-of-stake infrastructure as part of a broader shift in how it manages its on-chain treasury. The latest deposits highlight the organization’s…
Does Polymarket fee growth outweigh regulatory pressure now?
Prediction market polymarket is seeing a sharp increase in fee income after a recent overhaul of its pricing model, even as regulators in multiple regions intensify scrutiny of on-chain betting platforms. New data shows that higher and broader trading fees…
How did drift lose $280 million through Solana nonces?
Solana-based derivatives exchange drift suffered a major security breach this week, with attackers exploiting a core Solana transaction feature to siphon roughly $280 million in digital assets. The incident is drawing attention across the crypto sector not only for the…
Is B3 exchange bringing bitcoin event contracts to Brazil
Brazil’s main stock exchange, the B3 exchange, is moving deeper into crypto-linked products with a new set of derivatives that includes contracts tied to bitcoin prices. The initiative comes alongside its work on a tokenization platform and a stablecoin, positioning the venue more firmly…
Will Australia require licenses for crypto platforms soon?
Australia has moved to tighten oversight of digital assets, passing its first comprehensive law that brings crypto exchanges and custody providers into the country’s mainstream financial licensing regime. The new framework targets platforms that hold customer assets, with officials positioning…