North Carolina has become the first U.S. state to explicitly recognize the CFTC’s authority over prediction markets while setting a 6% state tax on their trading fee revenue. Summary North Carolina has recognized the CFTC’s authority over prediction markets while approving a 6% tax on platform trading fee revenue. The new law allows federally registered…
India on Thursday approved a manufacturing joint venture between China’s Vivo and local manufacturer Dixon Technologies, a move that could mark the next phase of the country’s smartphone manufacturing boom after Apple helped turn India into a global smartphone production hub. The approval allows Vivo to proceed with a long-delayed manufacturing partnership first announced in…
Key Takeaways Wisconsin charged Circle over a warrant to seize 381,000 USDC stolen in a crypto romance scam. Circle holds 119 million frozen tokens, with critics noting it earns interest on backing reserves. Circle reached a federal deal to permanently freeze flagged USDC and issue new tokens to victims. State Prosecutors Clash With Stablecoin Giant…
China warned organizations to remove certain Claude Code versions over alleged backdoor risks, while Anthropic called the feature anti-abuse protection. The post China Warns of Claude Code ‘Backdoor’ Security Risk appeared first on TechRepublic. Source link
The Bangko Sentral ng Pilipinas (BSP) said crypto-to-crypto trading for speculative or investment purposes through an exchange “fits naturally” under the perimeter of the Securities and Exchange Commission (SEC), and confirmed it plans to expose amendments to Circular No. 1108, its 2021 rule governing Virtual Asset Service Providers (VASPs), for public comment, according to a…
UK Labour MPs have proposed making a temporary ban on cryptocurrency donations to political parties permanent after Nigel Farage resigned amid investigations into multimillion-pound gifts linked to crypto industry figures. Summary UK Labour MPs have proposed making the temporary ban on cryptocurrency donations to political parties permanent after Nigel Farage’s resignation. The proposal comes as…
If you like playing daily word games like Wordle, then Hurdle is a great game to add to your routine. There are five rounds to the game. The first round sees you trying to guess the word, with correct, misplaced, and incorrect letters shown in each guess. If you guess the correct answer, it’ll take…
Key Takeaways SWIFT launched a blockchain ledger for tokenized deposits, enabling 24/7 global interbank transactions. Seventeen banks will pilot the network, easing liquidity limits and improving fund management efficiency. Swift developed the ledger in just nine months, setting the foundation for future programmable money. Swift Moves To The Blockchain Era With New Tokenized Deposit-Based Network…
Zapper, one of decentralized finance’s earliest and most recognizable portfolio dashboards, is shutting down for good. Co-founder and CEO Seb Audet announced on X that the platform will wind down completely on August 3, closing its website, mobile apps, and API services after nearly seven years in the market. An Orderly Exit After Years of…
Invites were sent out to 2,000 Pokémon Go players across the five boroughs of New York City through community ambassadors. (The event was made an invitation-only affair to avoid overcrowding in what is already one of the busiest places on Earth.) The players only knew about thematic raids happening in the vicinity of Times Square,…
