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View More NewsPerpetual futures have spent years as one of crypto’s most popular trading products, especially for investors outside the United States. Now that the contracts are entering regulated American markets, Wall Street is trying to decide whether they are a passing retail craze or a lasting threat to traditional futures.The early numbers have been hard to ignore.Kalshi’s perpetual futures topped $1 billion in trading volume within a week of launch in June, making them the company’s biggest product debut since prediction markets. The exchange has since sought regulatory approval to offer perpetual futures tied to gold and silver, a sign that…
An excerpt from the long opinion in Computer & Comm. Industry Ass’n v. Paxton, decided Friday by Fifth Circuit Judges Dana Douglas and Patrick Higginbotham: [1.] [Texas] H.B. 18 … imposes requirements on DSPs [Digital Service Providers]…. With the exception of its age-verification requirement, H.B. 18 applies only to DSPs whose digital service “connects users in a manner that allows users to socially interact with other users on the digital service,” “allows a user to create a public or semi-public profile for purposes of signing into and using the digital service,” and “allows a user to create or post content…
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Podcast Quillette podcast host Jonathan Kay talks to Debra Soh, author of ‘Sextinction: The Decline of Sex and the Future of Intimacy,’ about neuroscience, hypergamy, elephant seals, politicised sex research, the perils of polyamory, and the sex-repellent scourge of ’phubbing.’ Read the full article here
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Bitcoin is likely to stay range-bound, said Jeff Ko, chief analyst at CoinEx, and he points to three reasons the backdrop has calmed. Oil…
The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves. Read the full…
Risk-on peace trades are back in vogue after the U.S. and Iran held fire on Sunday, sending oil prices lower.Bitcoin BTC$65,343.72, the leading cryptocurrency…
Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics account Lookonchain reported that…
Meet the new Leo, same as the old Leo: On Monday, Pope Leo XIV dropped his first encyclical, “Magnificas Humanitas,” about how humanity can…
Bitmine Immersion (BMNR), the Ethereum treasury firm helmed by chairman Tom Lee, ramped up purchases again, making its biggest haul since December.The company said…
Smaller Bitcoin treasury firms added 602.6 BTC worth about $46 million last week, even as the largest corporate holders appeared to pause their acquisitions.The…
A lucky trader bought $341 of a World Cup-themed Solana meme coin in mid-May, when it had a market capitalization of less than $40,000.…
from the this-is-why-we-can’t-have-nice-things dept NPR is imposing a new round of buyouts and layoffs as it tries to survive the brutal Trump GOP attacks…
Some excerpts from the long opinion in Mullen v. Giordano, decided Thursday by Judge Susan Brnovich (D. Ariz.): The Ninth Circuit has distilled Pickering…
Disclosure: The author of this story owns shares in Strategy (MSTR).Strategy (MSTR), the world’s largest corporate holder of bitcoin BTC$77,166.67, repurchased $1.5 billion of…
Crypto exchange Binance is partnering with fintech company BlockShoals Technologies in what the platform described as its first formal market-entry approach in the Philippines,…