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CFTC submits emergency motion to block Kalshi's election betting contracts

The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order.

Arthur Hayes’ ‘sub $50K’ Bitcoin call, Mt. Gox CEO’s new exchange, and more: Hodler’s Digest, Sept. 1 – 7

Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest

Roblox will allow devs to skip Robux and charge players in fiat money

The company has also partnered with Shopify to enable physical merchandise sales from directly within Roblox experiences.

Elon Musk’s ‘DOGE’ gov meme sends political speculation soaring

Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.

Is XRP price quietly setting up for a rally toward $1?

An inverse-head-and-shoulder pattern is developing on the XRP weekly chart, awaiting a breakout toward $1. 

Roaring Kitty returns with cryptic X post, Solana-based CHEWY memecoin soars 28%

Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it.

El Salvador marks 3 years of Bitcoin adoption with $31M profit

Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.

Sub $50K Bitcoin correction remains in play as whales look to sell BTC

Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut, but will it fall below $50,000 this weekend?

OpenAI business users top 1M, targets premium ChatGPT subscriptions

OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models. 

US prediction market Kalshi scores ‘huge win’ against CFTC

US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC’s decision.

Bitcoin bears base $40K prediction on 'self induced fear' — Samson Mow

Jan3 CEO Samson Mow reiterated that fear-driven markets “never lasts long” because fundamentals usually “win out over time.”

WisdomTree withdraws its Ethereum Trust S-1 registration filing

WisdomTree has requested to withdraw its Ethereum Trust registration filing with the SEC while asking to apply the fees as a credit for "future use."

Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify 

Bitcoin traders appear to be throwing in the towel and coming to terms with the reality that BTC price could fall below $50,000 in the short term.

New Android malware steals private keys from screenshots and images

According to a recent FBI warning, North Korean hackers are "aggressively targeting" the crypto industry with “well-disguised” attacks.

Crypto Biz: US regulators crack down on Uniswap

This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan.

Coinbase secures partial victory over SEC in motion to compel discovery

Paul Grewal, Coinbase’s chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge’s order.

VanEck to shutter Ethereum futures ETF

Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs.

Atari founder’s new firm partners with Skale Labs for gasless blockchain gaming

According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually.

New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps

Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.

Uniswap settles CFTC charges, Polygon’s new ‘hyperproductive’ POL token: Finance Redefined

The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade.

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