Hyperliquid Policy Center and Phantom Technologies jointly asked the Commodity Futures Trading Commission (CFTC) to clarify that developers who write onchain protocol software should not be required to register as regulated entities. They argue that creating smart contracts for derivatives trading should not equate to operating a regulated exchange. The letter requests confirmation that software development alone doesn't trigger registration, updated guidance allowing registered entities to use onchain tech, and formal codification of previous no-action relief granted to Phantom. This push aims to reduce regulatory uncertainty that hinders institutional investment in onchain derivatives by distinguishing between software tools and financial intermediaries.
On July 8, 2026, Cathie Wood sold $8 million of Advanced Micro Devices (AMD) stock in a single day. This significant sale by a well-known investor could indicate a shift in her portfolio strategy or a response to market conditions affecting AMD. Inve...
The inaugural Juneteenth Exchange summit in Rancho Cordova gathered over 150 leaders from business, technology, and investment sectors to discuss innovation, economic opportunity, and inclusive leadership. The event highlighted the city's growing app...
Gemini has introduced zero-commission stock trading for users in most U.S. states, enhancing accessibility to stock markets. This service excludes Alabama, Arkansas, Illinois, Massachusetts, Texas, Puerto Rico, Washington, D.C., and Guam. The platfor...
Bitcoin demand is recovering after weeks of selling pressure, with futures demand improving significantly while spot demand remains weak. This indicates traders expect higher prices but long-term investors are cautious, delaying strong spot market pa...
DeXe (DEXE) surged 18.43% to $34.16, leading today's crypto gainers amid growing interest in decentralized finance (DeFi) platforms. Other notable gainers include Arbitrum (ARB), Morpho (MORPHO), Lighter (LIT), and Uniswap (UNI), each benefiting from...
