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CFTC backs prediction market Kalshi in appeals court fight against Ohio

The Commodity Futures Trading Commission (CFTC) has expressed support for Kalshi, a prediction market platform, in its legal battle against the state of Ohio. The dispute centers around Ohio's attempt to regulate Kalshi's operations, which the CFTC argues could hinder innovation in the prediction market space. Kalshi allows users to bet on the outcomes of various events, and the CFTC believes that such markets should be federally regulated rather than subject to state laws. The case highlights the ongoing tension between state and federal oversight in the rapidly evolving cryptocurrency and prediction market sectors.

Read the full article: Coin Telegraph

Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned

Kelp DAO is considering unpausing withdrawals following the burning of rsETH on the Arbitrum network, which was exploited by attackers. The incident involved the manipulation of the protocol, leading to the temporary suspension of withdrawals to protect users' funds. The DAO is now assessing the situation and the security

Ethereum community launches security feature to end blind signing

The Ethereum community has introduced a new security feature aimed at eliminating blind signing, a practice that can expose users to potential fraud. This feature enhances transaction verification by requiring users to confirm specific details before signing, thereby reducing the risk of unauthorized transactions. The initiative comes in response to

The Ethereum Foundation unveils new 'Clear Signing' standard to stop users from approving malicious crypto transactions

The Ethereum Foundation has introduced a new standard called 'Clear Signing' aimed at preventing users from inadvertently approving malicious crypto transactions. This initiative addresses the growing concern over phishing attacks and transaction manipulation in the Ethereum ecosystem. The Clear Signing standard enhances user awareness by requiring clear and

JPMorgan files to launch new tokenized fund as Wall Street tokenization race heats up

JPMorgan has filed to launch a new tokenized fund, marking a significant move in the growing trend of tokenization on Wall Street. This initiative aims to enhance investment accessibility and efficiency by leveraging blockchain technology. The bank's entry into the tokenized fund space reflects increasing interest from financial

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Kelp DAO eyes unpausing withdrawals after attackers’ rsETH on Arbitrum is burned

Ethereum community launches security feature to end blind signing

The Ethereum Foundation unveils new 'Clear Signing' standard to stop users from approving malicious crypto transactions

JPMorgan files to launch new tokenized fund as Wall Street tokenization race heats up