The trader used 20x leverage on Hyperliquid and realized a $176,600 profit after Bitcoin reached $87,200 before retreating.
Nearly 1 million similarly sized trades have appeared since August in Kalshi’s Ether perpetual contract market, with the CFTC weighing whether to open an investigation.
Almost one million trades of nearly the same size have moved through a single Kalshi market since August, and federal regulators are looking at them,
TL;DR The CFTC’s Division of Market Oversight has issued guidance on prediction contracts that settle based on whether a person says, mentions or does something.
This explainer sets out what each design protects, based on the projects’ own documentation at getmonero.org and z.cash. It also covers what neither coin can
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