Headlines

Comer urges trading ban for US officials

House Oversight Committee Chair James Comer has called for new restrictions on government officials’ prediction market trading, including a possible outright ban, after an investigation reviewed 1,700 pages of documents. Summary Comer wants Congress to consider trading restrictions covering officials across all branches of government. The committee reviewed 1,700 pages of records and received five…

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Globe and TM Users Can Now Use the BPI App Without Spending Mobile Data

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Bank of the Philippine Islands (BPI) and Globe Telecom introduced zero-rated mobile data access for the BPI mobile application, allowing eligible Globe and TM subscribers in the Philippines to conduct digital banking transactions without incurring…

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Stock Perpetual Futures Explained: Why Coinbase, Kalshi and Kraken Are Fighting the CFTC Lawsuit

Coinbase, Kalshi, Kraken parent Payward and three trading firms are backing the CFTC in federal court against a Citadel- and Cboe-backed lawsuit that seeks to halt U.S. stock perpetual futures. The fight hinges on one question: are these never-expiring contracts security futures the CFTC can approve, or security-based swaps that belong to the SEC? A…

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TSMC Confirms Employee Data Leak as Hackers Try to Sell 46,000 Records for Bitcoin

Hackers are reportedly demanding 3 Bitcoin for thousands of TSMC employee records, threatening to publish the data if nobody buys. Taiwanese chipmaking giant TSMC has confirmed a leak of personal information belonging to some current and former employees. Reports from the local media said anonymous sellers on underground forums, including DarkForums and BreachForums, offered…

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Grayscale Sees New Crypto Opportunities as Bitcoin’s Grip Weakens

Key Takeaways Bitcoin explained about half the variation in crypto sector returns. Among the 10 largest non-stablecoin assets, six led quarterly performance over two years; bitcoin led none. Crypto sectors became less correlated, broadening diversification potential. Grayscale Finds More Than a Bitcoin Trade Crypto asset manager Grayscale said on Nov. 12 that differences in business…

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Why Is Crypto Crashing? 5 Reasons Bitcoin and Altcoins Are Suddenly Falling

Why is crypto crashing? Bitcoin has fallen below $69,000, dragging Ethereum and major altcoins into a market selloff. Investors are facing a combination of worsening macroeconomic conditions, shrinking liquidity, and billions of dollars in forced liquidations. The decline is not happening in isolation. US inflation data has revived expectations of another Federal Reserve rate hike,…

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