According to CoinDesk, following a recent court defeat, the U.S. Commodity Futures Trading Commission (CFTC) remains committed to pursuing its case against Kalshi's election contracts, which it deems illegal. CFTC Chairman Rostin Behnam emphasized the agency's stance during a financial policy event at Georgetown University's Psaros Center for Financial Markets and Policy, stating, 'This is a situation that we think is against the law. We will continue to make that case.' Last week, Federal Judge Jia Cobb of the District of Columbia court ruled that the CFTC had overstepped its authority by banning Kalshi from listing U.S. political prediction markets. These markets involve bets on which party might control the House of Representatives or win the White House in any given term. Subsequently, a U.S. federal appeals court halted Kalshi's new political prediction markets after the CFTC requested an emergency stay, with a hearing scheduled for Thursday. Behnam reiterated the potential risks of the CFTC overseeing U.S. elections in cases of market manipulation, suggesting that such oversight could lead to dangerous outcomes. The agency is currently in the process of rulemaking that would implement a blanket ban on prediction markets within its regulated businesses. Behnam suggested that if election betting is to be allowed, it should be regulated at the state level within the gambling industry. 'If folks really want to see these markets emerge, scale and develop ... it should be done at the state level within the gambling industry,' he said.

TL;DR Fireblocks and Chainlink Labs have joined forces to provide a comprehensive solution for the issuance and management of stablecoins, ensuring security and compliance in global transactions. The combined technology will offer a real-time view of assets, reserves, market value, and total supply, spanning multiple blockchains. It will enable secure issuance, custody, and management of ...... source: https://crypto-economy.com/stablecoin-innovation-chainlink-and-fireblocks-announce-new-technology-partnership/

Yi He, co-founder of Binance, recently took to Binance Square to share insights on the state of the cryptocurrency industry and Binance's plans for the future. In her post, she discussed the growing pessimism surrounding blockchain and cryptocurrency, Binance’s path forward, and how the company is navigating regulatory challenges.Cryptocurrency Market SentimentYi He acknowledged that negative news tends to dominate headlines, particularly with the current economic climate contributing to the uncertainty surrounding cryptocurrencies. She pointed out that while the industry is maturing, concerns about the future of blockchain and digital assets have been amplified by both insiders and external critics. Despite this, Yi He emphasized that the industry continues to evolve, with major financial institutions increasingly participating in cryptocurrency markets.Binance’s Growth and ChallengesAddressing Binance's journey, Yi He likened the exchange's growth to the early days of the internet, where technological innovation faced challenges but ultimately led to the emergence of major global players. She stressed Binance’s goal to become an infrastructure provider for the global financial system, serving over a billion users in the future. However, this ambition comes with the need to reconcile with global regulations, including anti-money laundering (AML) measures and other compliance requirements.Yi He stated that while Binance aims to promote the mass adoption of blockchain, it must also adhere to existing financial industry standards. This balance between innovation and regulation is critical to ensure user protection and the security of assets.Binance’s Coin Listing ProcessYi He also addressed concerns raised by the community regarding Binance’s coin listing process. She acknowledged the criticism about listing projects backed by venture capitalists and the increasing role of meme coins. Yi He explained that Binance’s listing process involves a thorough review by multiple teams, including business, research, and compliance, and that not all projects meet the required standards.Furthermore, she reassured the community that Binance takes reports of insider trading seriously, with strict internal controls in place to prevent information leakage. Yi He encouraged users to report any suspicious activity, with the promise of rewards for verified information.Looking AheadConcluding her post, Yi He expressed optimism about the future of cryptocurrency, despite current market conditions. She emphasized the importance of continued innovation and community involvement, stating that differing opinions within the industry are valuable for growth.As Binance moves forward, Yi He invited ongoing dialogue and encouraged entrepreneurs to remain focused on long-term goals, even in the face of uncertainty.

According to Odaily, Ethereum-based liquidity staking protocol Eigenpie has announced the schedule for its EGP token Initial DEX Offering (IDO). The IDO is set to begin on September 20 at 1:00 PM UTC and will conclude on September 24 at 1:00 PM UTC. The event will be hosted on the Magpie Launchpad via the Arbitrum network. A snapshot to determine the allocation for vlMGP holders, MGP, and vlMGP burners will be taken between September 18 and 20. The IDO will consist of two rounds, with a total of 3.6 million tokens available. The private round, valued at 3 million FDV, will last for 24 hours. In this round, 70.59% of the tokens will be allocated to Eigenpie points holders, 20.59% to vlMGP holders, and 8.82% to MGP/vlMGP burners.

TL;DR The Graph has launched improvements to accelerate dApp development on Solana. New tools make it possible to access and synchronize blockchain data without having to write code in Rust. These updates aim to reduce deployment times and costs, promoting the expansion of the Web3 ecosystem on Solana. The Graph, known for its crucial role ... source: https://crypto-economy.com/the-graph-boosts-solana-dapp-development-with-lightning-fast-indexing-no-code-needed/

Ethereum liquidity re-staking protocol Eigenpie posted on the X platform that the EGP token IDO is scheduled to start at 1:00 PM UTC on September 20 and end at 1:00 PM on September 24. The IDO will be held on Magpie Launchpad through Arbitrum, and snapshots will be taken between September 18 and 20 to determine the IDO quota allocation for vlMGP holders, MGP, and vlMGP destroyers. In addition, the IDO will include 2 rounds with a total of 3.6 million tokens, of which the private placement round (3 million FDV) will last for 24 hours, 70.59% of the tokens will be allocated to Eigenpie points holders, 20.59% of the tokens will be allocated to vlMGP holders, and 8.82% of the tokens will be allocated to MGP/vlMGP destroyers.

Bitcoin and SPX share a high correlation index as the U.S. stock approaches a new all-time high a day before the Fed cuts interest rates. source: https://cointelegraph.com/news/why-stocks-bitcoin-price-back-50k-october?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Coinbase released a status update to remind users that Polygon transfers may be delayed, and buying, selling, and fiat currency withdrawals/deposits are not affected. Coinbase said that it is currently investigating the issue and will provide an update soon. User funds are safe. (Theblock)

Howard Winklevoss, father of the famous Winklevoss twins, once gave Grove City College a historic and record gift of $4 million in Bitcoin donation. source: https://coincu.com/283130-4m-bitcoin-donation-by-winklevoss-dad

تعود لعبة Flappy Bird® الشهيرة رسميًا بعد توقف دام عقدًا من الزمن، حيث استمتع بها أكثر من 100 مليون لاعب. ستُطلق النسخة الرسمية الأولى للعبة حصريًا عبر تطبيق تيلجرام، الذي يضم 950 مليون مستخدم ويُعد رائدًا في إعادة تعريف الألعاب غير الرسمية، مع أكثر من 200 مليون لاعب نشط شهريًا على المنصة. للحصول على خدمة إعلانية لمشاريع الكريبتو عودة لعبة "فلابي بيرد" بدعم من شراكات استراتيجية في مجال... source: https://ar.beincrypto.com/%d9%84%d8%b9%d8%a8%d8%a9-%d9%81%d9%84%d8%a7%d8%a8%d9%8a-%d8%a8%d9%8a%d8%b1%d8%af-%d8%b9%d9%84%d9%89-%d8%aa%d9%8a%d9%84%d8%ac%d8%b1%d8%a7%d9%85-%d8%a8%d8%af%d8%b9%d9%85-%d9%85%d9%86-%d8%b4%d8%b1/

Bubbles will burst, but products that truly solve user needs will change the world and make history.

Amazon bids their remote work policy goodbye, as employees are expected to return to office five days a week starting from the beginning of 2025.

Do you want to make and trade meme coins for the rest of your life, or do you want to build infrastructure and change the crypto world?

In recent times, the market has repeatedly fluctuated between expectations of interest rate cuts, recession, and general elections. This essentially corresponds to the three factors of capital, fundamentals, and regulation, which are intertwined and influence each other.

Disney+ Hotstar's new AI tool reduces data use by 25% for offline video downloads and increases watch time per gigabyte by 12.5% while maintaining video quality. The technology optimises data based on scene complexity and user habits, promising more efficient streaming.

SC Ventures has invested in One Trading, boosting its role as Europe's first regulated platform for crypto perpetual futures. This investment, alongside increased stakes from existing investors, will support One Trading's launch of innovative crypto products under MiFID II regulations.

China's megacity and economic center, Shanghai, shuts down after being hit by one of the strongest storms since 1949.

Faced with the liquidity fragmentation problem in the current Rollup ecosystem, Based Rollup is widely regarded as an effective potential solution, and pre-confirmation plays a vital role in improving the Based Rollup user experience.

In 2024, the focus will be on AI and Web3. In the world of artificial intelligence, data is like the life source of its growth and evolution.

AI researchers are advocating for a robust contingency plan to address the risk of losing control over AI systems. This measure seeks to prepare for scenarios where AI could act unpredictably, emphasizing the need for strong safeguards and strategies to manage potential risks.