Polymarket is being investigated by the Commodity Futures Trading Commission (CFTC) to see whether the prediction market platform is letting customers improperly trade swaps or binary options and if it should be registered with the agency, Bloomberg reported, citing people familiar with the matter. The company, which facilitated about 4 billion shares since the start […]

Terraform Labs CEO Do Kwon is suing the U.S. Securities and Exchange Commission (SEC). The builder of decentralized finance (DeFi) platform Terra confirmed he was served with an SEC subpoena at Messari’s Mainnet conference last month, according to a lawsuit filed Friday by both Kwon and Terraform Labs. The matter stretches back to May 2021, […]

We think it’s fitting that this, the 50th episode of “Money Reimagined,” is being published inside a historic week for the crypto community, when the launch of a futures-focused bitcoin exchange-traded fund helped drive the leading cryptocurrency to a new all-time high just shy of $67,000. This episode is sponsored by Quantstamp. It’s also fitting […]

The top lawyer for the U.S. arm of exchange giant Binance has departed after just seven months in the position. Christopher Robins, who held the title of general counsel, will be assuming a part-time role at the company, according to a Business Insider report, which cited a Binance spokesperson. “Chris has been one of the […]

A key manufacturer feeding crypto’s twitter’s tungsten craze is auctioning off an NFT tied to the largest tungsten cube it’s ever made. The NFT’s title says it all: “The Tungsten Cube – 14 inch, ~1,784 lb cube held in Willowbrook, Illinois, USA by Midwest Tungsten Service.” Bidding on OpenSea begins Friday, e-commerce director Sean Murray […]