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SEC boss worries crypto bill undermines financial protections

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A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”

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Coin Market

Pencil Finance completes $1M onchain lending cycle for 6.6K students in Southeast Asia

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Pencil Finance said that its first-of-a-kind loan offered financing to 6,600 students in Southeast Asia who were underserved by traditional lenders.

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Coin Market

Kalshi seeks CFTC approval for WTI crude perpetual futures: Report

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Kalshi reportedly plans to file for approval of a WTI crude oil perpetual futures contract that would trade around the clock five days a week without an expiration date.

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Coldcard hacker swaps stolen Bitcoin for ETH via THORChain

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The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address.

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