ProShares, the sponsor of the first-ever exchange-traded fund (ETF) backed by bitcoin futures, has applied for a waiver to limits the amount of bitcoin futures a buyer can purchase in the new fund, Barron’s reported. Starting with the November front-month contract, the Chicago Mercantile Exchange (CME) will limit the amount of futures that a buyer […]

Speaking of Bitcoin on the CoinDesk Podcast Network is brought to you by CrystalBlockchain.com. Join hosts Adam B. Levine, Jonathan Mohan and Andreas M. Antonopoulos as they dissect the October global financial stability report from the International Monetary Fund (IMF) subtitled “COVID-19, Crypto and Climate: Navigating Challenging Transitions.” An entire chapter of the report is […]

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 […]