CFTC seeks to define event contracts as swaps amid prediction market fight
The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.…
MetaMask exits Ethereum validators as it investigates security incident
MetaMask said it is investigating the threat internally and said it has found no immediate threat to its wallets. Source:Cointelegraph
Illinois draft crypto tax rules detail DeFi, stablecoin treatment
Illinois’ draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and selfcustody…
Ethereum schedules Glamsterdam upgrade on Sepolia for Oct. 6
Glamsterdam will bring proposerbuilder separation, blocklevel access lists and new gas pricing, while its mainnet date remains unset. Source:Cointelegraph
BitMine could hit its 5% Ether supply target within weeks — then what?
BitMine could reach 5% of Ether’s supply by early November, while Tom Lee has left open whether it would continue buying beyond that level. Source:Cointelegraph
Tether says it helped freeze $550M in Iran-linked USDT this year
The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network. Source:Cointelegraph
Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666
Strategy sold 1.47 million MSTR shares for $246.2 million, using the proceeds for Bitcoin purchases and STRC preferred stock repurchases. Source:Cointelegraph
Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChain
Ether withdrawals are scheduled to return Tuesday and USDt on Wednesday as Bitget restores services following last week’s $388 million hack.…
Scammers steal $2M in ETH as fake GIWA network fools DYORSWAP
DYORSWAP said it paid more than 200 ETH in compensation, while Upbit operator Dunamu’s GIWA warned that its mainnet had not launched. Source:Cointelegraph
Vitalik Buterin says Hegotá could be Ethereum’s last ‘normal’ fork
Ethereum’s Vitalik Buterin said PeerDAS marked the start of Ethereum’s transition “from being just a blockchain to being something much more powerful.”…
Tether says it had ‘limited’ exposure to bank linked to $84M US seizure
US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some…
Bitget clarifies $388M in assets affected by security breach
The Bitget breach announced on Thursday affected about $35 million more than previously reported, based on an analysis of assets on Zcash and TRON.…