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View More NewsTether has expanded the use of its $23 billion gold reserves by bringing its tokenized product Tether Gold (XAUT) to crypto lender Ledn.Ledn said it is adding support for XAUT, alongside bitcoin BTC$60,741.45 and Tether’s stablecoin USDT, with borrowing against XAUT expected later this year.Tether is attempting to monetize what has become one of the world’s largely privately held gold reserves. The stablecoin company says it holds around $23 billion worth of physical bullion backing XAUT, with each token representing one troy ounce of gold stored in vaults in Switzerland.Gold-backed lending is traditionally the realm of central banks, major financial…
When Superman hit theaters last summer as the first in a new line of DC comic book movies overseen by James Gunn, it was more than just another franchise reset. It was a return to the comic book character’s brighter, lighter, more uplifting, and family-friendly roots after more than a decade mired in Zack Snyder’s grimdark vision of a brooding, murderous, alien god. It wasn’t a great movie, exactly, but it was fun and frequently charming—a movie designed for kids, not just sullen adults. So it’s rather baffling that Supergirl, the first follow-up to that film, takes the opposite tack.…
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It’s fitting that the embattled Keir Starmer resigned as prime minister of the United Kingdom almost exactly a decade after the Brexit referendum. More than anything else, it was that vote, on June 23rd 2016, which created Britain’s current political reality—a reality of which Starmer is just the latest victim.Perhaps the most ironic impact of Brexit is the fact that the United Kingdom has finally become a European country. By this I don’t mean that we’ve suddenly learned how to cook good food, or we’ve all become bilingual, or have embraced the siesta. We’re no more culturally European than we…
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Latest developments: Trent Van Epps says Ethereum’s long-term decentralization strategy is entering a critical transition phase.Van Epps said he left the Ethereum Foundation after…
The chair of the Spanish National Securities Market Commission reportedly said that there would be no extensions or waivers for crypto companies that did…
In brief Senators are looking for answers from CFTC Chairman Michael Selig about alleged deceptive marketing campaigns from Polymarket. The lawmakers are “concerned” the…
Just a couple weeks ago, the European Commission put out its plan for “European tech sovereignty.” It’s not surprising that Europeans are looking at…
In brief SpaceX’s stock surge following last week’s IPO could benefit FTX creditors, as the defunct crypto exchange took a stake before its collapse.…
So argues Prof. Jack Goldsmith (Harvard) in his Executive Functions post. An excerpt: The United States in the MOU pledges “immediately” to “issue waivers for export…
The GENIUS Act, signed into law last year, established the first federal framework for payment stablecoins in the United States. Among other requirements, issuers…
Several national gaming and tribal organizations and labor groups have reportedly called on the US Senate to add language “that explicitly prohibits event contracts…
In brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket. The court denied Polymarket’s…
The ability to access publicly available information using automated tools is a central value and benefit of a free and open internet. Automated access—often…
From In re Gregorwicz v. Villa-Kennedy, decided today by Arizona Court of Appeals Judge Veronika Fabian, joined by Presiding Judge Michael J. Brown and…
So far, the states that have filed such a challenge against the prediction markets have met with counter suits from the CFTC, where Chairman…