Web3News newsroom
News briefs compiled by the Web3News desk from reporting across the industry. Every brief names and links the outlet that first reported the story.
- Sports Betting
Ninth Circuit rules for California tribes in Kalshi sports betting case
Kalshi suffered another court loss this week, this time regarding its ability to offer sports event contracts on tribal land. On Wednesday, the Ninth Circuit Court of Appeals found that two California tribes are likely to prevail in their claim that Kalshi’s sports event contracts violate…
Web3News newsroom1 min read
- Finance
Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?
For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.
Web3News newsroom1 min read
- Bitcoin
Bitcoin Price Unlikely To Be Bothered by Interest Rate Hike: Grayscale
Bitcoin Magazine Bitcoin Price Unlikely To Be Bothered by Interest Rate Hike: Grayscale The Federal Reserve hiked interest rates on Wednesday — and may do so again this year — but bitcoin's price is unlikely to be hurt, Grayscale argued. This post Bitcoin Price Unlikely To Be Bothered by…
Web3News newsroom1 min read
- Policy
Crypto.com Can List Single-Stock Futures in the US Without Waiting for SEC Approval
Its Nadex exchange registered by written notice, which took effect the day it was filed, and the SEC release names no product. The single-stock perpetuals Kris Marszalek says Crypto.com wants next need both the SEC and the CFTC. The post Crypto.com Can List Single-Stock Futures in the US…
Web3News newsroom1 min read
- Finance
U.S. Stocks Up on Hopes Rising Inflation, Oil Prices Are Now Contained
U.S. stocks recouped some of their recent losses as oil prices stabilized and confidence grew in the Federal Reserve’s ability to contain inflation.
Web3News newsroom1 min read
- Finance
Jensen Huang says Nvidia will sell twice as many chips next year
Huang's comment is the latest forecast from Nvidia and points to continuing massive growth for the next six quarters.
Web3News newsroom1 min read
- Policy
After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization
The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-native venues. The Innovation Exemption came two days after the Senate failed to advance the CLARITY Act, a broad crypto market-structure bill that sought to…
Web3News newsroom1 min read
- Altcoins
Crypto Finds an Innovative Way Around the Will of Congress
The plan is part of the SEC’s efforts to open up crypto trading in the US…
Web3News newsroom1 min read
- Finance
Bill to curb AI data center utility costs hits snag in Senate
Sen. Martin Heinrich, D-N.M., blocked bipartisan legislation aimed at reining in data center-related utility cost increases, calling the bill a half-measure.
Web3News newsroom1 min read
- Policy
Revolut Starts EURR Rollout With Bridge as Regulated Issuer
Revolut opens EURR to selected customers in three countries; Bridge reported €374 outstanding, compared with €394.5 million of Circle’s EURC.
Web3News newsroom1 min read
- Policy
SEC Crypto Custody Rewrite Enters White House Review
The planned rule would cover advisers and investment companies and clarify digital-asset custody, following the withdrawal of a separate 2023 proposal.
Web3News newsroom1 min read
- Policy
Blockworks Lets Exchanges Take Compliance Alerts Straight From AI Agents
Agentic Detection, live Thursday in Messari Monitoring, lets a listings or compliance desk take a development the moment Blockworks' agents find it, before an analyst has checked it. Every alert carries a tag saying whether an agent or an analyst produced it.
Web3News newsroom1 min read
- Altcoins
Brent Tops $106 And Hike Odds Reach 64% As Crypto Sells Off
One hundred and three of the 125 largest non-stablecoin tokens were lower on the day after August producer prices came in at 0.4% and the 30-year Treasury yield passed every close of the past five years. Bitcoin traded at $77,120. Ether.fi rose 14.2% on a buyback vote that closed a week ago.
Web3News newsroom1 min read
- Policy
SEC Clears Tokenized Stocks To Trade Onchain As CFTC Widens Software Relief
The Securities and Exchange Commission issued a five-year conditional exemption on Thursday letting tokenized National Market System (NMS) stock trade on permissioned automated market makers (AMMs), and Commodity Futures Trading Commission staff opened introducing-broker relief to passive…
Web3News newsroom1 min read
- Finance
Deposits and stablecoins: The complete digital money proposition for banks
What does programmable money solve for clients, and what remains a matter of regulation and capital controls?
Web3News newsroom1 min read
- Finance
AI without the hype: What AML transformation means
How can organisations innovate with AI while meeting growing governance and regulatory expectations?
Web3News newsroom1 min read