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DeFi pioneer coughs up $50K after making a pretty bad bet on Ether

A prominent figure in the decentralized finance (DeFi) space lost $50,000 due to a misguided bet on Ethereum (ETH) prices. The individual, known for their influential role in the crypto community, miscalculated market movements, leading to significant financial loss. This incident highlights the risks associated with trading in volatile crypto markets, even for experienced investors. The loss serves as a cautionary tale for others in the DeFi sector about the unpredictability of cryptocurrency investments.

Read the full article: Coin Telegraph

Delaware Life, BlackRock Offer Bitcoin Exposure Through Fixed Indexed Annuity

Delaware Life and BlackRock have partnered to offer a fixed indexed annuity that provides exposure to Bitcoin. This new financial product allows investors to benefit from Bitcoin's price movements while offering the security of an annuity. The annuity is designed to appeal to those looking for a combination

CFTC Faces Tough Crypto Mandate With Fewer Staff, Inspector General Says

The U.S. Commodity Futures Trading Commission (CFTC) is grappling with a challenging mandate to regulate the rapidly evolving cryptocurrency market, as highlighted by the agency's Inspector General. The report indicates that the CFTC is operating with a reduced workforce, which complicates its ability to effectively oversee the

Massachusetts judge poised to tell Kalshi to stop taking sports bets in state

A Massachusetts judge is expected to order Kalshi, a prediction market platform, to cease taking sports bets in the state. The ruling comes as the Massachusetts Gaming Commission has raised concerns about the legality of Kalshi's operations, arguing that the platform's offerings resemble illegal sports betting.

Solana Mobile begins SKR token airdrop to Seeker phone users

Solana Mobile has initiated an airdrop of its SKR tokens to users of the Seeker phone, which is designed to enhance the mobile Web3 experience. The airdrop aims to reward early adopters of the Seeker phone and promote the use of Solana's ecosystem. Users who have activated their

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Delaware Life, BlackRock Offer Bitcoin Exposure Through Fixed Indexed Annuity

CFTC Faces Tough Crypto Mandate With Fewer Staff, Inspector General Says

Massachusetts judge poised to tell Kalshi to stop taking sports bets in state

Solana Mobile begins SKR token airdrop to Seeker phone users