CFTC issues advisory on prediction markets as event contracts expand

The Commodity Futures Trading Commission’s Division of Market Oversight issued an advisory on prediction markets, reminding exchanges of their regulatory obligations as event contracts grow rapidly across trading platforms. The guidance outlines requirements under the Commodity Exchange Act for designated contract markets listing event contracts, including product submission rules and core market integrity principles. The division said the advisory aims to support innovation while ensuring exchanges comply with existing regulations. The notice also highlights considerations around sports-related event contracts, one of the fastest-growing areas of prediction market trading. The advisory…

First Bullish Wick Appears On XRP Weekly Chart, And This Analyst Says It Will Send Price To $21.5

A lone green candle on XRP’s three-week chart is drawing attention from at least one analyst who believes it could be the start of something bigger than a routine bounce.  Crypto analyst CW, posting on X, flagged a bullish candlestick formation on the XRP/USD 3W chart that he says signals the opening of a full-scale uptrend. One that, if his cycle analysis holds, with the setup pointing first to a retest of the all-time high zone and then, in an extreme scenario, to $21.5. New Uptrend Is Starting On The…

VeryAI Raises $10M to Build Palm-Scan Identity System on Solana

Startup VeryAI has raised $10 million in a seed funding round led by Polychain Capital to launch a palm-scan identity verification system designed to distinguish real users from AI-generated accounts. The platform records identity attestations on Solana and aims to help crypto exchanges, fintech companies and online platforms address growing risks from bots, deepfakes and synthetic identities. The company said zero-knowledge proofs allow users to verify their status across platforms without revealing personal information. The system captures palm images using a smartphone camera and converts them into encrypted biometric signatures used to confirm…

Tesla secures SpaceX stake through xAI merger ahead of IPO

Tesla has received regulatory clearance to convert its investment in Elon Musk’s artificial intelligence firm xAI into a small stake in SpaceX, formalizing financial ties between the billionaire’s companies ahead of the rocket maker’s planned initial public offering, according to a Bloomberg report. Filings with the US Federal Trade Commission list Tesla as the acquirer of a SpaceX stake from Musk. The documents, dated March 11, also show Musk selling additional holdings to investors, including Valor Equity Partners and DFJ Growth. The filings relate to Tesla’s previously disclosed $2 billion…

Cryptio Raises $45M As Tokenized Finance Drives Demand For Accounting

Cryptio, an accounting and data platform focused on regulated digital assets, has raised $45 million in a Series B funding round, highlighting growing demand for tools that help financial institutions reconcile and report blockchain-based transactions within traditional accounting systems. The round was co-led by venture firms BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, Alven and Ledger Cathay Capital.  Cryptio develops software that helps companies reconcile activity across wallets, custodians and exchanges, translating blockchain transaction data into accounting records used for financial reporting, audits and compliance.…

Strong Investor Demand Meets Weak Bitcoin Futures as Price Slumps

Bitcoin (BTC) failed to break beyond $71,000 on Thursday, partially driven by the decline in the US stock market, with BTC funding rates dropping deeper into negative territory. Key takeaways: Bitcoin bears show high conviction as funding rates drop, but steady institutional buying keeps sellers in check. Gold and government bond yields are rising, making it harder for Bitcoin to compete as a top-tier store of value. Bitcoin futures imply moderate market stress Traders fear that a prolonged war in Iran could cause havoc in the energy markets, negatively impacting…

Coinbase Execs Say They Aren’t Opposing BTC Tax Exemption

Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin (BTC) transactions below a certain threshold to push for stablecoin tax exemptions. Several Bitcoin advocates speculated on social media that the exchange told US lawmakers that a BTC tax exemption is not needed because BTC is not widely used as a medium of exchange. Coinbase CEO Brian Armstrong responded by calling the allegations “totally false” and a form of misinformation. “I’ve spent a bunch of time lobbying for Bitcoin’s de minimis…

CFTC Chair Opens Prediction Markets Rulemaking to Public Comment

“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), has proposed a rule that could amend or issue new regulations over event contracts on prediction markets platforms like Kalshi and Polymarket. In a Thursday notice, the CFTC issued a staff advisory classifying event contracts on prediction markets as a “financial asset class.” The regulator also submitted an Advanced Notice of Proposed Rulemaking to be…

Anthropic expands Claude with in-chat visualizations and diagrams

Anthropic unveiled a new feature on Thursday that allows users to generate interactive visualizations directly within the Claude chat interface. Claude can now build interactive charts and diagrams, directly in the chat. Available today in beta on all plans, including free. Try it out: https://t.co/tHPAZRgQkn pic.twitter.com/WXRrD4VkAt — Claude (@claudeai) March 12, 2026 Claude will automatically determine when a prompt could benefit from a visual aid and generate diagrams, charts, or tables inline within the conversation. The visuals appear inside the chat rather than in Claude’s side panel artifacts, which typically…

Wyoming’s Frontier Stable Token launches on Hedera

Wyoming’s Frontier Stable Token (FRNT), the first stable token issued by a US state, is now live on the Hedera network, the team said Thursday. The launch brings the stablecoin to eight blockchains in total, with deployments already live on Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana. Mance Harmon, co-founder of Hedera, said the platform’s infrastructure provides the reliability needed for regulated industries to innovate in digital payments. “At the core of all this is trust,” Harmon said. “Hedera technology provides the reliable foundation regulated industries need to innovate…