“`html The US Commodity Futures Trading Commission (CFTC) is requesting approval from the court to withdraw an appeal against prediction market Kalshi. This action might permit the platform to provide political event contracts to users without opposition.In a May 5 submission to the US Court of Appeals for the District of Columbia Circuit, attorneys for the CFTC presented an unopposed request for voluntary withdrawal, indicating a potential agreement with Kalshi. The request, pending court approval, could conclude the CFTC’s appeal against a federal court decision that ruled the financial regulator could not prevent Kalshi from listing political event contracts, i.e.,…
Autore: wsjcrypto
“`html Rationale to Trust Rigorous editorial standards prioritizing precision, relevance, and neutrality Developed by industry specialists and thoroughly vetted The utmost standards in journalism and dissemination Rigorous editorial standards prioritizing precision, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. At Sui Basecamp, macro investor and Real Vision co-founder Raoul Pal presented a typically extensive discourse that framed the current crypto market scenario as the inception of what he referred to as a “liquidity-driven supercycle” — with Bitcoin potentially soaring to $450,000…
“`html By Kenneth Christiane L. Basilio, Reporter THE Philippine Coast Guard (PCG) on Tuesday announced that it expelled a Chinese vessel performing illicit research in waters north of the Philippines, where it was observed retrieving a deep-sea exploration apparatus. Officials indicated that the Chinese research ship Tan Suo 3 failed to respond to radio inquiries while pulling in a submersible vessel capable of deep-sea descents after being intercepted on Monday by BRP Teresa Magbanua, the PCG’s largest vessel. The Chinese research vessel was located approximately 90 nautical miles (166 kilometers) off the coast of Ilocos Norte province, where it was…
“`html Decentralized autonomous organization (DAO) HydraDAO asserts that its scientists have successfully employed an innovative method to mend severed spines in rats.In a May 5 X post, the decentralized science (DeSci) initiative HydraDAO announced that one of its research endeavors resulted in “rats that had undergone complete spinal transection” regaining the ability to ambulate. Remarkably, the recovery following the procedure was reported to take merely five days.Source: HydraDAOThe post included a video depicting partially shaved (likely due to surgical reasons) rats traversing what seemed to be a laboratory environment. The initiative in question is the Dowell spinal fusogens project spearheaded…
Seasoned US Internal Revenue Service (IRS) official Trish Turner has been designated to head the agency’s digital assets division after the exit of two prominent crypto-oriented executives.Turner, who has dedicated over 20 years to the IRS and most recently acted as a senior advisor within the Digital Assets Office, will now lead the unit, as per a report from Bloomberg Tax referencing a source acquainted with the circumstances.Her elevation signifies a notable shift in leadership during a time when US crypto tax enforcement is under both internal and external scrutiny.On May 5, Sulolit “Raj” Mukherjee and Seth Wilks, two private-sector…
“`html Earlier today, a letter submitted by the legal representatives of Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill uncovered that the Southern District of New York (SDNY) had concealed exculpatory proof in the criminal matter. As per the document, the prosecution had engaged with FinCEN prior to charging the developers regarding the feasibility of levying unlicensed money transmission allegations against a non-custodial entity. “A mixer like Samourai that does not possess custody of the cryptocurrency by holding the private keys would strongly imply that Samourai is not functioning as an MSB,” FinCEN informed the prosecutors, as noted in…
By Chloe Mari A. Hufana, Reporter APRIL INFLATION expected to fall beneath 2% provides the Philippine central bank with “ample policy room,” while first-quarter growth that may approach or dip below the government’s 6-8% objective will be a significant consideration in the Monetary Board’s policy assembly next month, as indicated by its governor. “I believe it would be a favorable figure,” Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. communicated to reporters at the presidential palace on Monday, referring to last month’s inflation. “It offers us considerable policy flexibility. It simplifies our situation.” Inflation is anticipated to have…
Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure Crypto analyst Glory has disclosed what may occur if the Dogecoin value were to replicate its remarkable 68,000% surge in this market cycle. Such a surge would elevate the leading meme coin into double digits and elevate its market capitalization to trillions of dollars. What Will Occur If The Dogecoin Value Mirrors Its Historic Surge In an X post, Glory indicated that the Dogecoin value could reach approximately $36 and its market capitalization exceed $5 trillion if it were to duplicate its previous ascent from $0.001 to…
Acting US Attorney for the Eastern District of New York (EDNY) John Durham has exited as President Donald Trump’s selection takes charge of the office.In a May 5 announcement, the US Attorney’s Office for EDNY stated that Joseph Nocella will act as interim US Attorney for the region for 120 days or until a Senate-confirmed appointee takes the position. Nocella’s selection occurred as jury selection commenced in the criminal trial of Braden John Karony, the former CEO of crypto firm SafeMoon.The influence of Nocella, appointed by US President Donald Trump this month, on the prosecutors’ case against Karony, who is…
“`html Each year, the Ethereum ecosystem embraces numerous creators via community gatherings, hackathons, educational courses, boot camps, and campus organizations. Nevertheless, numerous newcomers encounter difficulties in staying engaged, as they struggle to obtain structured early-career roles. The Ethereum Season of Internships effectively targets this retention issue by establishing a unified array of internship opportunities within the ecosystem. What is the Ethereum Season of Internships? The Ethereum Season of Internships presents a synchronized array of compensated, entirely remote summer internships throughout the Ethereum ecosystem. This initiative paves the way for the upcoming generation of contributors to engage with Ethereum projects and…