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Prediction market platform Polymarket lost $3.1 million after attackers breached a third-party frontend vendor and drained funds from 11 user wallets. The platform's own audited smart contracts remained intact throughout the incident. According to a report, the stolen PUSD tokens were moved from Pol

CME Group will sue the CFTC over its approval of U.S. perpetual futures, challenging how regulators classify a fast-growing derivatives product. Key Points: Terrence Duffy said CME plans to file litigation against the CFTC on Jun. 18. The dispute centers on perpetual futures, which have no expiratio

The US Commodity Futures Trading Commission named a new chief data innovation officer with specialized expertise in blockchain forensics, the agency confirmed Monday. The appointee previously advised the SEC's crypto task force and brings hands-on on-chain investigation experience to the senior regu

The CFTC approved Kalshi's Bitcoin (BTC) perpetual futures contract on Friday, marking the first formal U.S. clearance for a product American traders have long accessed only on offshore platforms. Key Points: The CFTC issued its first formal approval for a regulated U.S. Bitcoin perpetual futures co

The next major winner of the tokenization boom may not be stablecoins or tokenized stocks themselves, but the decentralized finance infrastructure expected to process trillions of dollars flowing on-chain over the next several years. That is the central thesis emerging from a new Standard Chartered