The CFTC has fined former White House staffer Gabriel Perez $172,000 over alleged insider trading in event contracts, marking another regulatory action at the intersection of prediction markets and non-public information. According to the agency’s settlement materials, the case involved trading connected to non-public information around event market outcomes. The action is important because it…
The CFTC has filed an amicus brief in a federal criminal case involving alleged insider trading on Polymarket event contracts, putting prediction markets back under the regulatory spotlight. The case centers on a soldier accused of trading around non-public information in event contracts. The CFTC’s involvement matters because it gives the agency another chance to…
Switchboard has halted oracle operations on several networks, including SUI and Aptos, after detecting a potential security compromise. The precautionary halt also affects IOTA and Movement, according to the validated incident materials. The key detail is scope: Switchboard’s oracle services were halted on affected chains, not the chains themselves. That distinction matters. This should not…
Charles Schwab is expanding its crypto platform beyond Bitcoin and Ethereum, adding support for Solana, Avalanche, and Chainlink exposure, according to validated platform materials. The move is notable because Schwab is not a crypto-native exchange. It is one of the largest brokerage names in US finance, and its product decisions can shape how traditional investors…
Robinhood Chain recorded $2.66 million in daily app revenue, surpassing Ethereum mainnet and Hyperliquid over the same 24-hour measurement window, according to validated DeFiLlama-style dashboard data. The metric has attracted attention because it places a brokerage-linked chain above some of crypto’s most visible revenue generators for a short period. But the framing needs care. This…
Bitcoin held near the $78,000 area as geopolitical tension around the Strait of Hormuz pushed Brent crude above $90, giving traders another macro-risk event to price across energy, inflation, and risk assets. The move followed a CENTCOM statement on the escalation, while oil markets reacted to the risk of disruption around one of the world’s…
Dan Loeb’s Third Point has disclosed an equity position in Core Scientific, adding another institutional name to the growing trade around Bitcoin miners moving deeper into AI infrastructure. The position appeared in Third Point’s Q2 13F filing, with the fund reporting 54,000 shares of Core Scientific. That is not the same as buying Bitcoin directly.…
A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on August 20 that some claims could move into discovery. The court dismissed several claims but allowed allegations that Coinbase misled investors…
BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down. Starting at 04:00 UTC, users will only be able to close or reduce existing positions. New positions will no longer be allowed. Trading services are scheduled to permanently cease on September 23 at 04:00 UTC, according to the…
The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major comment period for digital asset regulation. The proposed rulemaking was issued on August 18 and published on August 21. Under the proposal, payment stablecoin issuers would need to obtain a federal or…