Freedom Index
The News Roundup
View More NewsThe U.S. Commodity Futures Trading Commission and Department of Justice filed a lawsuit against Illinois and various state officials on Thursday over the state’s efforts to shutter prediction market providers.Illinois sent cease-and-desist letters to some prediction market providers, arguing that the companies were offering sports gambling products that should be regulated under state law. The CFTC has argued that prediction markets are offering swaps products, which are regulated under the federal Commodity Exchange Act and therefore are under the “exclusive jurisdiction” of that regulator. In the lawsuit, the CFTC continued this argument, saying Illinois’s efforts “intrudes on” the CFTC’s role,…
Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated operation.”The platform took to X on to share its findings from a preliminary investigation, saying that the attackers exploited Solana’s durable nonces, a mechanism enabling pre-signed transactions, to seize control and drain funds. The protocol had earlier said it was experiencing an active attack and suspended deposits and withdrawals while coordinating with security firms, bridges and exchanges.The attack began on Wednesday, with the theft involving multiple assets, including Circle’s USDC (USDC) and various altcoins. Onchain data…
AI & Crypto
Read MorePolitics
Don't Miss!
Opinions & Debates
Tariq Ramadan is either a predatory manipulator who belongs behind bars or a calm voice of reason victimised by a prejudiced ruling class. It really depends on whom you ask. Last week, the Paris Criminal Court sentenced Ramadan to eighteen years in prison for raping three women between 2009 and 2016. This ought to have settled the question about one of Europe’s most divisive thinkers. In fact, Ramadan’s punishment will only fortify the views of the two opposing camps.Ramadan’s background is well known in France and his native Switzerland but less so elsewhere. His maternal grandfather, Hassan al-Banna, founded the…
Latest News
Bitcoin fell 2.2% to $66,609 on Wednesday, giving back Tuesday’s gains after Trump’s primetime address to the nation promised to hit Iran “extremely hard”…
Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to…
The past four weeks have been brutal for bitcoin BTC$66,428.09 traders as prices keep chasing comments by President Donald Trump, who can’t make up…
Taiwan should reconsider adopting Bitcoin as a reserve asset to hedge against global turmoil and the risk of war, according to a research fellow…
In March, juries in California and New Mexico delivered seminal verdicts holding Meta and YouTube liable for failing to protect young users from harm.…
JPMorgan (JPM) CEO Jamie Dimon said the bank is considering entering the prediction markets space, signaling growing interest from major financial institutions in a…
Key takeaways:A Hyperliquid whale placed an $80 million bet against Bitcoin and the S&P 500 while going long on Brent crude oil prices.The whale’s…
In brief Google just released Veo 3.1 Lite. The new model generates videos at faster speeds and much cheaper prices than otheer models from…
On December 14, 1972, Eugene Cernan became the last human to walk on the moon. More than 53 years later, NASA is finally—cautiously—taking the…
Galaxy Digital (GLXY), the digital asset financial services firm founded by Mike Novogratz, said it recently contained a cybersecurity incident involving unauthorized access to…
According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025.South Korea-based cryptocurrency…
In brief Solana perp DEX Drift Protocol has suffered an exploit that impacted more than $200 million in funds, with some estimates suggesting $285…