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CFTC Investigates Super Bowl Event Contracts on Crypto.com and Kalshi Over Gaming Rules
CFTC's investigation into crypto.com and Kalshi's Super Bowl event contracts hinges on whether sports-based contracts qualify as "gaming" under the Commodities Exchange Act.
A previous...
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UAE’s Crypto.com Explores Fuel Payment Partnership with Emirates Petroleum
UAE shows rapid advancement in cryptocurrency adoption, with plans to implement crypto payments for everyday transactions including fuel purchases.
The UAE's regulatory framework, particularly VARA,...
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Crypto.com Takes On Super Bowl Betting Market, Taps $14B Sports Gambling Boom
crypto.com launches sports prediction market in the United States, starting with Super Bowl wagering.
Platform allows betting with various digital assets including Cronos token.
US sports...
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Formula 1 Extends Crypto.com Partnership to 2030 in Major Sport-Tech Alliance
Formula 1 and crypto.com extend partnership until 2030, building on their initial 2021 agreement.
Crypto.com's user base grew from 10 million to 100 million during...
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Crypto.com Faces Banking Crisis as Silvergate Bank Collapses and Metropolitan Commercial Bank Exits Cryptocurrency Industry
The digital asset industry is in the midst of a banking crisis, following the collapse of cryptocurrency-friendly bank, Silvergate Bank. Crypto.com is one of...
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Crypto.com Cuts 20% of Global Workforce Amid Industry Slump
Crypto.com, the digital asset platform, is reducing its global workforce by around 20%. It's the latest cut in the industry since the collapse of...
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North Korean Hackers Target npm, Spread Malware to Web3 Devs
North Korean Hackers uploaded over 300 malicious code packages to the public JavaScript library npm.The attack targeted developers in...
Walmart Stock Hits ATH After OpenAI Deal, Eyes $125 Target
Walmart stock rose 5.6% over the past week, reaching a record high.
The company's partnership with OpenAI allows shoppers to...
GitHub Suspension Sparks Concerns Over Microsoft’s Bitcoin Power
A Bitcoin developer's account was suspended by Microsoft's GitHub, raising concerns over centralized control.The suspension disrupted the developer’s ability...
