cftc
* The US regulator, the Commodity Futures Trading Commission (CFTC), has urgently filed an emergency motion to block Kalshi, a US prediction market, from offering election betting contracts. * The CFTC argues that without the court's reasoning, it is unable to make an informed decision on whether to appeal. * Kalshi
agriculture
* Tether invests $100 million to acquire 9.8% stake in Adecoagro, its first investment in agriculture sector. * Tether used its own working capital funds for the investment. * Adecoagro is a major milk producer in Argentina and entered sugar, ethanol, and energy businesses in Brazil. * Tether's USDT is the
airdrop
* Polymarket, a decentralized prediction market, may launch its own token and potentially reward users. * Traders are attempting to inflate their trading volume to increase their chances of receiving a potential airdrop. * Polymarket raised $70 million in funding earlier this year and has seen significant growth in trading volume. * The platform
blockchain
* The Sonic blockchain achieves a transaction finality of 720 milliseconds (ms) during its testnet. * Finality is the assurance that a transaction is irreversible after being added to a block. * Sonic claims to be the world's fastest Ethereum Virtual Machine (EVM) chain. * Andre Cronje, creator of Fantom Network, confirms
arrest
* Telegram CEO Pavel Durov breaks his silence after his arrest in France, expressing surprise at the charges and criticizing the French government's actions. * Durov defends Telegram's privacy policies but acknowledges the need to improve moderation standards to combat criminal activity. * Telegram quietly removes a line from
ethereum
* The Ethereum Foundation plans to release a financial report soon, addressing community concerns about its spending. * The foundation currently holds about $650 million in its main Ethereum wallet. * The budget strategy is to spend 15% of remaining funds each year, providing a financial runway of approximately 10 years. * Community members
bitcoin
* Privacy is a fundamental issue in using Bitcoin and the protocol itself does not provide inherent privacy protection. * Various tools and protocols have been developed to enhance privacy in Bitcoin transactions, such as Coinjoins and Chaumian Ecash. * Sparrow Wallet, a free and open-source Bitcoin desktop wallet, offers privacy features like
bitcoin
* Blockstream launches series 3 of its security token, the Blockstream Mining Note 2 (BMN2). * BMN2 is an EU-compliant security token available to qualified, non-U.S. investors. * Each BMN2 security token entitles holders to the bitcoin produced by 1 PH/s of Blockstream's mining hash rate. * The token aims
cryptocurrency
* The U.S. risks falling behind in stablecoin regulation compared to other jurisdictions worldwide. * Circle's Vice President, Yam Ki Chan, highlighted the lack of clear regulations at the national level in the U.S. * EU and Hong Kong have established unified approaches for stablecoin regulation. * Circle becomes the
agglayer
* Polygon aims to unify the entire Web3 space, including all blockchain networks. * They plan to achieve this through their AggLayer, a cross-chain interoperability protocol. * AggLayer aims to connect all blockchain networks, including Ethereum and Solana. * Polygon recently upgraded their token to become the new Polygon Ecosystem Token (POL). * The AggLayer
bitcoin
* U.S. spot Bitcoin ETFs saw $37.29 million in outflows, extending negative flows for six days. * Grayscale's GBTC led the outflows with $34.25 million, while Bitwise's BITB saw net inflows of $9.46 million. * Fidelity's FBTC and VanEck's HODL also
bitcoin
* Ether futures volumes on CME declined 28.7% in August, reaching the lowest level since December 2023. * Volume in ether options also fell 37% in August. * This decline suggests lower institutional interest in ether, potentially due to the launch of spot ETH ETFs and seasonality effects. * In contrast, bitcoin futures