Grayscale launches Aave investment fund
The AAVE token has outperformed this year after tokenholders endorsed upgrades to its tokenomics.
The AAVE token has outperformed this year after tokenholders endorsed upgrades to its tokenomics.
Mercado Bitcoin, one of the largest crypto exchanges in Latin America and a partner of Mastercard, is working with Ripple on crypto-enabled international payments.
The Alabama Money Transmitter License marks a milestone in Transak’s US growth as it works toward all-state coverage.
The Taiwanese FSC has released new Anti-Money Laundering laws that will replace its current regulations and require full compliance of VASPs.
Aptos Labs’ acquisition of HashPalette positions the company to integrate Japanese businesses into its blockchain ecosystem and expand Web3 innovation.
Federal Judge John A. Mendez blocked a new California law that allowed any person to sue for damages over election deepfakes.
Ripple CEO Brad Garlinghouse vowed to fight the SEC’s new appeal in a case one lawyer suggests could be dragged into early 2026.
According to Cointelegraph, a United States federal appeals court has permitted Kalshi, a derivatives exchange, to list event contracts tied to US election outcomes. This decision on October 2 allows election prediction markets, including Web3 platforms like Polymarket, to operate within the US.The US Court of Appeals for the District of Columbia Circuit ruled against the Commodity Futures Trading Commission’s (CFTC) attempt to prevent Kalshi from listing derivatives linked to political outcomes. This ruling came just before the US presidential election, when over $1 billion was at stake in Polymarket as of October 2.In September, Kalshi won a lawsuit against the CFTC, which had previously issued an order prohibiting the listing of political event contracts. The CFTC argued that these contracts involved gaming activities that were unlawful under state law and contrary to public interest. Specifically, the CFTC targeted contracts wagering on which US party would control Congress after the November federal elections.On September 12, the CFTC appealed the court’s decision and sought a court order to bar Kalshi from listing any event contracts until the appeal was resolved. However, the October 2 ruling stated that the Commission could not obtain a stay because it had not demonstrated that it or the public would be irreparably harmed while the appeal was heard.The September federal circuit court ruling also argued that the CFTC overstepped its bounds by blocking contracts on broad public interest grounds if they otherwise complied with US financial regulations. The judge emphasized that the case was not about personal opinions on Kalshi’s product but about adherence to regulatory compliance.
According to Odaily, the ADP report indicates a widespread rebound in U.S. job creation after five months of slowdown. The only sector that saw a reduction in jobs was the information industry. Notably, manufacturing added jobs for the first time since April.
The U.S. ADP employment figures for September will be released Thursday at 11:15 (UTC) , drawing significant attention from the market amid growing expectations of interest rate cuts by the Federal Reserve. Fed Chairman Jerome Powell recently stated that the labour market remains robust but "has indeed cooled down," suggesting the potential for two more 25 basis point rate cuts this year.However, market participants are betting on a more aggressive rate cut cycle, and tonight's ADP data, also referred to as the "small non-agricultural" report, will be a key indicator in validating Powell's outlook. The data release is expected to generate market volatility, and investors are advised to be mindful of the associated risks.