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A U.S. lawmaker has introduced legislation that would impose penalties of at least $10,000 on federal candidates who trade prediction market contracts tied to their own elections. According to an Oct. 5 announcement from Rep. Don Davis, D-N.C., the No…
News
Fairshake has announced an initial $6 million spending plan for six US House candidates as part of its support for 32 incumbents ahead of the 2026 midterm elections. Fairshake said on Oct. 5 that its first disclosed allocations would support…
News
President Donald Trump’s chief economic adviser has called for former Federal Reserve Chair Jerome Powell to leave the central bank’s board, opening another debate over the Fed’s policy direction weeks after officials raised interest rates for the first time in…
Markets
Bitcoin price has climbed roughly 3% and briefly crossed $87,000 on Oct. 2 as weak U.S. jobs data reinforced expectations for an October Federal Reserve pause while a wave of short liquidations added fuel to the move. According to CoinGecko…
News
Bitcoin could get more room to recover after U.S. nonfarm payrolls rose by just 29,000 in September, well below forecasts, adding to expectations that the Federal Reserve may hold interest rates steady at its October meeting. According to Reuters, payrolls…
News
Chainalysis defeated 15 Celsius claims, but a judge kept alive an aiding-and-abetting case tied to a disputed $3.3B asset “audit.”
News
Robinhood plans U.S. crypto perps with up to 10x leverage and 24/7 weekend stock trading, with the equity rollout pending regulatory review.
News
Illinois draft rules explain how its 0.2% crypto tax could apply to stablecoins, DeFi, bridges and fee-based wallet transfers from 2027.
News
Kakaopay Securities and Dinari will test tokenized Korean equities and study distribution to eligible investors in the U.S. and overseas.
News
Blockchain.com is reportedly seeking a $500 million U.S. IPO at a valuation of up to $6 billion after filing confidentially with the SEC.
News
RedotPay has completed a financial audit required for a potential U.S. initial public offering as the Hong Kong stablecoin payments company continues preparations to take the business public. According to RedotPay, the financial audit was conducted by a Big Four…
Feature
Hester Peirce plans to leave the Securities and Exchange Commission on Oct. 2, leaving Chair Paul Atkins and Commissioner Mark Uyeda to handle a crypto offering proposal still open for comment. The agency can legally operate with two commissioners. Whether…
News
A survey of US crypto investors has found that about one in five who filed or planned to file a tax extension received an incomplete 1099-DA or were unsure whether the form matched their trades. Awaken Tax’s August survey found…
News
Ethena has added tokenized U.S. equities and equity perpetual futures to the basis trading strategy used for part of USDe’s backing, taking a funding model previously centered on crypto markets into listed stocks. According to a statement shared with crypto.media,…
Feature
The Federal Reserve’s two September 24 proposals describe more than the assets behind a dollar token. One proposal sets the terms for an insured state member bank to seek approval for a stablecoin subsidiary; the other would govern the issuer,…
News
Samourai Wallet co-founder Keonne Rodriguez says he faces another prison transfer after FCI McKean deactivated a treatment program.
