Crypto

The derivatives regulator is proposing a formal rule to include certain contracts traded on platforms like Kalshi's as swaps that require the agency's oversight. The U.S. Commodity Futures Trading Commission is making its pursuit of exclusive prediction markets authority a formal effort, putting a new definition in place on Friday and proposing other changes that collectively seek to secure the legal footing of events contracts as "swaps" — a transaction.

Crypto

A recently updated version of the paid-for transaction-ordering technology “Time Boost” will be available on Arbitrum, Robinhood Chain’s infrastructure provider. Robinhood Chain, the popular Layer-2 blockchain tailor-made for tokenized real-world financial assets, is evaluating a transaction-ordering system that would allow users to pay a fee to prioritize certain trades, according to a person familiar with the matter. The technology is being developed by Arbitrum, which provides the infrastructure behind Robinhood.

Crypto

Alex Mashinsky, already serving 12 years for fraud, settled New York’s civil case over claims he misled Celsius customers about the failed crypto lender’s safety. New York Attorney General Letitia James said Friday she secured up to $35 million from former Celsius CEO Alex Mashinsky and a permanent ban preventing him from working in the securities, commodities or cryptocurrency industries. James sued Mashinsky in 2023 according to a press release,.

Crypto

The hardware wallet maker said it is investigating devices sold by a Southeast Asian reseller as social posts swirl about crypto assets drained from Bitcoin, Ethereum and Tron addresses. Crypto hardware wallet maker Ledger said Friday it is investigating reports of stolen funds linked to devices sold through a reseller in Southeast Asia as a suspected $86 million heist threatens to add to the industry's mounting losses from exploits this.

Crypto

DWF is seeking $114 million in damages on the basis BitGo’s token sales resulted in direct losses through the fall in tokens' prices. DWF Labs subsidiaries DWF Maas and Falcon Digital are suing cryptocurrency custodians BitGo BTGO over an alleged breach of a token sale’s lock-up terms, the Financial Times reported on Friday. The two investment subsidiaries of market maker DWF Labs allege they agreed to sell Falcon Finance tokens.

Crypto

The plan concerns public payments, where about seven in 10 ZEC sit. A separate wallet tool would keep balance checks from revealing which addresses belong together. Developers of privacy-focused Zcash (ZEC) plan to add protections designed to withstand quantum computers within months as warnings about AI-assisted attacks put the broader security of cryptocurrency wallets under scrutiny. “Our team plans for post-quantum signature opcodes to land in Zcash in January,” Roman.