Dogecoin gets DeFi testnet as DogeOS bets miners will eventually secure its apps
DogeOS wants to turn DOGE into more than a payments and speculation asset, but its applications still rely on selected operators rather than Dogecoin miners.…
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.…
U.S. CFTC seeks event contract definitions that may defy states' gambling claims
As it battles with states over prediction markets, the CFTC sent two related rules on swaps definitions for White House review. Source:CoinDesk
Bitcoin stalls near $83,000 while lighter drops 17% on Robinhood perps plan
Bitcoin held near $83,000 as the 30year Treasury yield topped 5.6%, while DeFi tokens reversed and lighter fell after Robinhood unveiled U.S. perps.…
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…
Aave leads DeFi higher as crypto shrugs off surging bond market
Aave jumped 11% on speculation over a token burn, with 72 of 100 CoinDesk 100 constituents higher even as the 10year Treasury yield sat at 5.234%.…
Bitcoin bounces to $84K after US 30-year bond yield sets 24-year high
Bitcoin price action consolidated after earlyweek losses while protecting a “trenddefining” support zone. Source:Cointelegraph
From $6 eggs to $50,000 cars, these charts show how inflation has defined the past 5 years
Rising prices have been crushing consumer confidence and biting at Americans’ wallets for more than five years now. Source:MarketWatch
Crypto investment firm RockawayX is betting $150 million on yield becoming next big use case
The $2 billion digitalasset investment firm rolls out an initiative to back, build and provide liquidity to projects bringing realworld yields into DeFi.…
EU banking watchdog calls for crypto lending rules under MiCA
The EBA outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission’s MiCA review.…
Layer-2 and DeFi tokens lead broad crypto advance as post-Fed hike nerves fade
Starknet and arbitrum gained more than 17% while the 10year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents advancing.…
SEC opens door to tokenized U.S. stock trading. Here’s who could benefit
The fiveyear experiment gives DeFistyle trading venues, tokenization firms and liquidity providers a new U.S. pathway while leaving synthetic stock tokens…