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View More NewsIn brief CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara clashed during a CFTC roundtable in Washington, D.C. Duffy singled out Kalshi while questioning whether prediction markets face the same regulatory scrutiny as established exchanges. The clash comes amid a fight between federal and state regulators over prediction markets. A CFTC roundtable on prediction markets turned heated Thursday when CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded insults over market manipulation and regulation.The confrontation unfolded during a Commodity Futures Trading Commission meeting in Washington, D.C., as executives from traditional finance, crypto, and prediction…
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I first came across French writer Jean Raspail’s infamous novel The Camp of the Saints while I was reading Douglas Murray’s The Strange Death of Europe back in 2017. Raspail’s novel imagines the invasion of Europe by large groups of unsanitary and ravenous migrants from the Global South led by a coprophage (“shit-eater”). Despite his own firmly anti-immigration views, Murray declines to defend the book’s inflammatory contents, but he is nonetheless struck by Raspail’s descriptions of Western passivity in the face of an unsustainable wave of immigration. The book’s overt racism notwithstanding, it has attracted some attention in recent years…
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Blockchain Optimism’s governance has approved a proposal to repurpose 546.9 million OP tokens previously reserved for user airdrops to support ecosystem growth and institutional…
In brief CFTC Chair Michael S. Selig directed staff to explore crypto market structure rules using the agency’s existing authority. Selig said he will…
from the won’t-end-well dept I spoke a little about this on last week’s Ctrl-Alt-Speech, but now that Anthropic has come out with more details…
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back…
In brief IREN Limited closed a $3 billion convertible senior notes offering to fund AI infrastructure expansion. Net proceeds totaled $2.96 billion, with $201.3…
From Payne v. State, decided last week, in an opinion by Justice Benjamin Land: Hannah Payne was sentenced to life in prison plus 13…
OKX’s planned move into the South Korean market would echo that of Binance, which completed its acquisition of Seoul-based Gopax last year. Read the…
The US Senate Banking Committee passed the crypto framework CLARITY Act yesterday.Now, the bill, for which the crypto industry has heavily lobbied since it…
In brief Emergence AI says some autonomous AI agents committed simulated crimes and violence during weeks-long experiments. Gemini-based agents reportedly carried out hundreds of…
A woman is suing Houston County in southeast Alabama for violating her constitutional rights after she was forced to give birth preterm with no…
Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin…
Cryptocurrency ATM company Bitcoin Depot reported “substantial doubts” about the company’s ability to continue operating amid ongoing litigation and a challenging regulatory environment.In a…