On a Wednesday that will be remembered by crypto enthusiasts and skeptics alike, Gemini Titan, Gemini’s affiliate, was bestowed with the grand title of a designated contract market by the CFTC. With the aplomb of a magician pulling a rabbit from a hat, Gemini announced its intentions to “enter into the prediction markets space.” 🎩🐇
As the Federal Reserve prepares to unveil its next rate decision, the market holds its breath, like a ship in a storm, awaiting the captain’s command. 🌊
The rapid maturation of the digital asset space in the region has left many scratching their heads. What was once a niche investment option is now seen as a core pillar of the portfolios of the rich and powerful across Asia.
On December 9th, the OCC, in all its infinite wisdom, declared that national banks can now perform riskless principal crypto-asset transactions. Sounds fancy, right? In simpler terms, they can now broker deals between clients without actually holding any crypto-assets in stock. Oh, and don’t worry, this clarification doesn’t change much about what institutions can do – it just makes them feel better about doing it. It’s more of a “rules are rules” thing.
Since the market’s October tantrum, Ethereum has danced with resilience, its green candles burning like torches in a stormy night. The 50-day EMA, that stubborn gatekeeper, hovers near $3,350, taunting ETH for months. But now, with volume swelling and sentiment shifting, the king prepares his siege. 🏰⚔️
The market’s direction is still a game of chance, but never fear, AMBCrypto has mapped out a potential path for this brave little asset. No, it’s not the Yellow Brick Road, but it’s something.
According to the union, this shift could expose pension funds to assets that are about as stable as a house of cards on a windy day, bringing with it a feast of fraud risks and financial chaos. What a treat.
Canary Capital just dropped the first XRP ETF, because why not? Because crypto is a wild, wild world. 🤯 Shortly after, Bitwise, Franklin Templeton, and Grayscale followed suit. Because nothing says ‘I’m a serious investor’ like jumping on the XRP bandwagon. 🎯
In the shadow of the Great Wall, where the winds of innovation whisper secrets of self-reliance, China has anointed its homegrown artificial intelligence (AI) chips as the chosen ones for its official procurement list. This, dear reader, is no mere administrative trifle, but a strategic gambit executed with the precision of a Napoleonic campaign. It arrives, as fate would have it, mere days before the United States, in a fit of diplomatic equivocation, announced its intent to loosen the reins on Nvidia’s exports to the Middle Kingdom. According to the Financial Times, the Ministry of Industry and Information Technology (MIIT) has bestowed its imprimatur upon the progeny of Huawei and Cambricon, elevating them to the pantheon of government-approved suppliers.
Behold, the tale of USPD’s proxy predicament-a saga so riddled with holes, one might mistake it for a colander. Our intrepid antagonist, armed with a 24-second window and a heart of ice, front-ran the September 16 deployment like a literary villain in a pinstripe suit. For 78 days, they sipped tea and minted $1 million in unbacked tokens while the protocol’s reserves wept into their stETH. Rekt’s December 8 analysis, a masterclass in digital sleuthing, revealed the exploit hinged on a flaw patched months prior, as if the industry had already handed out the script but forgot to tell the actors.
