Kalshi denies CFTC investigation over unusual ether perpetual trading patterns

·2 views

Prediction market platform Kalshi has stated that it is not under investigation by the Commodity Futures Trading Commission (CFTC). The company was responding to questions about unusual trading activity observed in its ether perpetual market. Kalshi attributed the irregular patterns to liquidity incentive programs rather than any improper conduct. The clarification comes amid broader regulatory scrutiny of prediction markets in the United States.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Former Hack VC Partner Hsin-Ju Chuang Found Dead in California Desert

Hsin-Ju Chuang, a 37-year-old growth executive and former partner at Hack VC, has been found dead in a remote California desert. Her body was discovered inside a vehicle in an undisclosed desert location. Chuang had recently been involved in a public dispute with Hack VC prior to her death. The crypto community is seeking answers and clarity surrounding the circumstances of her passing. No further details about the cause of death have been publicly confirmed at this time.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Trump Crypto Adviser Hits Back at Democrats Over President's Digital Asset Ties

Patrick Witt, President Donald Trump's cryptocurrency adviser, has publicly defended the president's involvement in the crypto industry. Witt accused Democrats of deliberately weaponizing Trump's crypto connections for political gain. His remarks came in the wake of the defeat of the Clarity Act, a piece of legislation relevant to digital asset regulation. The adviser argued that the opposition's focus on Trump's crypto ties was an unfair political tactic rather than a substantive policy concern.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

FBI Hosts Annual Crypto Crime Intelligence Exchange for Law Enforcement

The FBI runs a recurring gathering called the Virtual Asset Technical Exchange focused on crimes involving digital assets. The event brings together investigators, law enforcement officials, and crypto-security specialists under one roof. Participants share intelligence across a wide range of cryptocurrency-related criminal activity. The forum serves as a collaborative platform to strengthen investigative capabilities in the fast-evolving digital asset space.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Tron Processes Up to $190 Billion in Weekly Stablecoin Transfers, Analyst Explains

Tron, originally launched as a content-distribution platform, has evolved into a major settlement layer for USDT stablecoin transactions. The blockchain network now processes approximately $150 billion to $190 billion worth of stablecoin transfers every week. Josh Olszewicz of Canary Capital has analyzed how Tron's network economics underpin this activity. He also examined how potential stablecoin regulation could affect the investment case for the network.

0 comments Read more at CoinDesk