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Three bets totaling about $173 were placed before news outlets reported Zacharia’s pick and are expected to pay out roughly $9,600 combined.
In brief The CFTC issued two measures Friday: a proposed rule expanding the “swap” definition to include event contracts , and an interim final rule excluding casino-style gambling like sportsbooks and casino games. Chairman Michael Selig said event contracts are “commodity derivatives squarely within the CFTC’s regulatory remit” and under its “exclusive jurisdiction,” while “casino-style gambling products are not derivatives.” The rules formalize proposals sent to the White House last month, as the agency asserts authority amid state lawsuits and a Supreme Court fight. The Commodity Futures Trading Commission is pressing its claim over prediction markets, issuing a pair of…
“The big proposition is access,” co-founder Bhau Kotecha told CoinDesk in an interview. Gold lending has historically required scale and relationships unavailable to many investors, he said.Kotecha sees demand from individuals, family offices and institutions, with borrowing against PAXGy a possible next step. Lending returns are not guaranteed, and borrower defaults could erode the token’s value.Silver offers another route into that financing market. Theo’s thSLVR product passes income from institutional silver leases to holders while maintaining exposure to the metal’s price.Theo Chief Investment Officer Iggy Ioppe sees growth coming from existing commodity owners and users: institutions seeking productive collateral, refiners…
Veteran trader Peter Brandt has warned that gold price could face a sharp decline after spotting a bearish pattern on its weekly chart. The pattern, known as head-and-shoulders, often appears when an asset’s strong rally begins to lose momentum. It forms three peaks, with the middle one being the highest. Gold Price Chart Points to a Major Risk Brandt’s chart suggests that gold could fall toward $2,890 if it breaks below the key $4,100–$4,200 support zone. Such a move would signal that sellers are gaining control. However, he stressed that the chart is not a price forecast, and the decline…
Three small bets that Katie Zacharia would become Trump’s press secretary went in before the news broke. Kalshi is now investigating the trades, which risked under $175 and could pay more than $9,500. Zacharia was not seen as a front-runner. In the days before President Donald Trump named her on Friday, bettors on Kalshi gave her about a 1% chance. Bets on Who will be Trump’s next Press Secretary. Source: Kalshi How Did Bets on a 1% Trump Press Secretary Pick Land Early? Kalshi is a prediction market regulated by the Commodity Futures Trading Commission (CFTC). Users buy contracts on…
Mutsamudu, Comoros, October 9th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, and Payward, the parent company of Kraken, shared their perspectives on the convergence of crypto and traditional finance during a TOKEN2049 Singapore panel. MEXC CEO Vugar Usi Zade and Payward Co-CEO Arjun Sethi, discussed how broader market access, retail demand and collaboration between platforms could shape the future of global trading. Crypto and TradFi Move Closer Together An important theme was the shift toward more connected, always-on markets. Vugar said blockchain infrastructure is challenging traditional market structures built around fixed trading hours, while users increasingly expect…
Tallinn, Estonia, October 8th, 2026, Chainwire SaaS and eCommerce increased their combined share from 48.26% to 55.54%, while Trading moved from 14.07% to 13.15%. Businesses can build stablecoin infrastructure around the wrong problem. The mistake is treating stablecoins primarily as a coin-and-network decision. For a digital business, they may need to support a much broader set of operating workflows, including billing, checkout, settlement, payouts, and reconciliation. Which of those workflows matters most depends on the business model. New aggregated data from NOWPayments shows the industry mix shifting toward businesses that use payments as part of their day-to-day operations. Between January…
NEW YORK, NY, UNITED STATES, October 8, 2026 — Firms Directory, an online business discovery platform, is expanding its services with free promotional features designed to help businesses strengthen their online presence, share company news and improve their visibility within the directory. Available at FirmsDirectory.com, the platform organizes companies across 29 major industries and provides dedicated business profiles, company claiming and verification, free article links for verified users, and a daily homepage promotion feature. These tools are designed to give businesses additional opportunities to showcase their companies and bring attention to their latest announcements without requiring a paid promotional package.…
S&P Global Ratings has launched a risk assessment framework for digital asset lending vaults as the onchain investment products gain traction.According to Monday’s announcement, the framework evaluates vaults across six areas: portfolio credit quality risk, liquidity mismatch risk, curator risk, blockchain risk, protocol risk, and vault security and governance risk.S&P said the assessments will evaluate the risk of losses to investors in lending vaults, but will not constitute credit ratings or evaluate yields. As well, the framework was not designed to single out any one category of the six that poses a greater risk than the others, according to S&P…
President Donald Trump will award Elon Musk the National Medal of Science on Thursday. Musk is one of six tech leaders honored, while OpenAI’s Sam Altman and Anthropic’s Dario Amodei, the best-known AI lab chiefs, are not. The medals are America’s highest honors for science and technology. Trump has never presented either one across his two terms. Who Is Getting Trump’s Science and Technology Medals Musk, Google co-founder Sergey Brin, Nvidia CEO Jensen Huang, and AMD CEO Lisa Su will receive the science medal. Dell Technologies CEO Michael Dell and Microsoft CEO Satya Nadella will receive the technology medal. The…