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Brazil’s tax dept to summon info from foreign crypto exchanges: Report

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The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax.

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Coin Market

US midterms: Prediction markets favor Democrats in key crypto races

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Kalshi and Polymarket price a 75% chance of a Democratic sweep, days after markets misjudged Brazil’s runoff.

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CFTC clears stock perpetual futures for trading on US exchanges

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US regulators are opening the door to stock-based perpetual futures, extending a popular crypto trading product into traditional markets amid ongoing legal disputes.

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Binance traces $6.3B hack to fake job interviews, compromised AI tool

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Hackers exploited compromised employee computers and stolen credentials to breach Binance’s wallet infrastructure, according to the exchange’s investigation.

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