BitMEX and BitMart may be first casualties of crypto trading slump
Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over…
Inside the CME and CFTC’s battle over onchain perpetual futures
Weeks ago, the U.S. CFTC opened the gates for crypto perps with its first listing approval, but major derivatives player CME is fighting back against what it…
Hong Kong’s central bank puts a number on lenders' quantum preparedness. It's very low.
The Hong Kong Monetary Authority published a whitepaper on the quantum preparedness of Hong Kong’s banking industry and its first Quantum Preparedness Index.…
Bitcoin recovers from Asian session lows; Nasdaq futures remain under pressure
It's a riskoff day. Still, bitcoin is holding better than Nasdaq and Asian equity markets. Source：CoinDesk
Bitcoin slides 2% after U.S. close while Korea’s Kospi plunges 10%
Source：CoinDesk
U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere
The majority leader is pursuing floor time for unrelated bills as the crypto industry waits for its policy effort to get its chance for votes. Source：CoinDesk
Kalshi, Polymarket win pause against Minnesota's prediction market ban
A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act. Source：CoinDesk
Bitcoin shrugs off AI selloff but high-stakes Fed meeting could determine what's next
BTC held near $65,000 even as Nvidia and AI stocks fell sharply. This week's Fed decision could determine whether bitcoin finally breaks higher or revisits…
Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
Regulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail demand,…
Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
The crypto trading platform said the layoffs reflect a strategic shift toward its fastgrowing enterprise business. Source：CoinDesk
What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument
Perps, which launched on BitMEX in 2016, have become one of the most traded financial products in the world. Source：CoinDesk
Fanatics buys regulated exchange in bid to grow prediction markets business
The deal gives Fanatics control of its own prediction market infrastructure as eventbased trading gains traction across sports, finance and crypto.…