According to Cointelegraph, United States appellate court judges have scrutinized the arguments presented by the Commodity Futures Trading Commission (CFTC) and betting platform Kalshi during a hearing on the legality of political betting markets. The hearing, held on September 19 at the DC Circuit Court of Appeals, focused on whether to uphold a lower court ruling that permitted Kalshi to launch election-related betting markets. During the session, CFTC general counsel Rob Schwartz and Kalshi’s counsel, Jones Day partner Yaakov Roth, presented their cases. The three-judge panel frequently interrupted to seek clarifications and definitions, particularly on why the CFTC differentiates election betting from other types of betting and its interpretation of the phrase “the contest of others,” which the agency uses to define gaming. A significant portion of the hearing revolved around the CFTC's concerns about election betting and its potential impact. Schwartz argued that a recent DC district court decision, which allowed Kalshi to list election-related bets, was fundamentally flawed. He warned that if the decision were implemented, it would enable high-stakes betting on the upcoming Congressional elections in November. Judge Jia Cobb had previously ruled that the CFTC had overstepped its authority in halting Kalshi’s US election betting markets, prompting the agency to appeal. The CFTC contended that gambling on US elections could disrupt markets and threaten election integrity. Schwartz emphasized the potential harm to the public, especially at a time when many Americans believe that democracy is under threat. On the other hand, Kalshi’s lawyer Roth argued that regulating the betting platform would mitigate the risk of market manipulation. He pointed out that currently, unregulated markets allow foreign traders to participate without surveillance or transparency. The judges also questioned Kalshi’s safeguards to prevent foreign government interference and sought clarity on the definitions of gaming and gambling. Roth maintained that regulatory provisions would apply to Kalshi’s products, ensuring transparency and oversight. With the US elections just 45 days away, the judges are expected to make a swift decision on the matter, which could have significant implications for the future of political betting markets in the United States.

Galaxy 研究副总裁 Christine Kim 表示，以太坊开发者召开了第 140 次全体核心开发者共识电话会议（ACDC），主要内容包括：本周开发人员讨论了将 Pectra 升级分为两个硬分叉的决定，开发人员已开始对 Pectra Devnet 3 进行模糊测试，交流 Pectra Devnet 3 上的以太坊改进提案（EIP）相关的未决问题，ID为 Francis 的 Base Rollup 协议开发人员提交了一份分析报告，以支持增加 Pectra 升级第一部分的 Blob Gas 目标。

According to Odaily, Fiona Murray, Managing Director of Ripple APAC, recently commented on the slow progress of the United States in the cryptocurrency sector. Despite some recent optimism, she believes that upcoming elections are unlikely to bring significant changes in the short term. However, she noted that the US still has the potential to catch up in the future. Murray highlighted that most of Ripple's business innovations are occurring in Singapore rather than the US. She attributed this to a 'lack of open-mindedness' in the US, which has driven many cryptocurrency founders to seek more favorable conditions in Asia and other regions. She emphasized that the Asia-Pacific region offers a 'stable environment' with essential core infrastructure that supports healthy cryptocurrency development. She also pointed out that Singaporean banks, such as DBS Bank, the largest bank in Southeast Asia, are currently leading the way. These banks are encouraged by regulators to collaborate with responsible Web3 companies, indicating that the progress is not solely driven by regulations.

US appeals court judges peppered the CFTC and betting platform Kalshi’s lawyers with questions as the regulator bids to overturn a lower court’s decision allowing election markets. source: https://cointelegraph.com/news/appellate-judges-hearing-cftc-kalshi-us-election-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Bank of Japan won’t rush to repeat hikes of the yen, which triggered a market meltdown in July. source: https://www.coindesk.com/markets/2024/09/20/bitcoin-nears-64k-as-btc-futures-attract-billions-bojs-hike-pause-bumps-risk-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In Komsomolsk-on-Amur, a city in Russia’s Far East, an unnamed individual has been detained on charges of high treason for allegedly sending cryptocurrency to Ukraine's military. source: https://cryptodnes.bg/en/russian-man-arrested-for-treason-over-crypto-payments-to-ukraines-military/

A whale in the WIF ecosystem is making headlines as it borrows 4.5M $USDC from the Kamino Finance to purchase 2.55M $WIF at an average of $1.76. With a new purchase, the whale adds 2.55M $WIF to its massive portfolio and hits 31.2M $WIF, worth $57.4M. This whale’s strategic buying streak starts from last year’s … source: https://coinpedia.org/crypto-live-news/whale-accumulates-31-2m-wif-rakes-in-74m-profit-after-major-buy-at-1-76/

The bullish momentum is rising, with the Bitcoin price marking a 24-hour high above the $64,000 mark. Supporting the bullish momentum, the Bitcoin ETF market bounced back after ending the four-day streak of consecutive inflows. On 19 September, the net inflow in the US Spot Bitcoin ETFs hit $158.3M, with $49.9M in Fidelity’s FBTC, $10.4M … source: https://coinpedia.org/crypto-live-news/bitcoin-etf-inflows-surge-to-158-3m/

With a bullish recovery in the crypto market, the total valuation reaches $2.16T. This has increased by 8.99% in 4 consecutive bullish days to surpass the 200-day EMA at $2.104T. As the market bounces back, Bitcoin hits a 24-hour high of $64,121. Further, Ethereum has surpassed the $2,500 barrier with an intraday gain of 2.96%. … source: https://coinpedia.org/crypto-live-news/crypto-market-soars-past-2-16t-as-ethereum-dominance-hints-at-altseason/

Several community reports suggest that wallets connected to the Telegram bot Banana Gun have been compromised, with some users reporting the loss of funds.

Some Banana Gun users had their wallets compromised and their funds drained, an issue stemming from a front-end vulnerability that affected only a handful of users.

Ripple APAC 董事总经理 Fiona Murray 近日表示，美国在加密货币方面进展缓慢，尽管最近有希望，但选举短期内不太可能改变这一点。不过美国仍有机会赶上。此外，她提到，Ripple 业务中的大部分创新都发生在新加坡，而不是美国，“缺乏开放心态”促使许多加密货币创始人前往亚洲和其他国家寻求更公平的条件。 她认为，亚太地区提供了一个“稳定环境”，具有许多核心基础设施，可以促进健康的加密货币发展。 “像东南亚最大银行 DBS 银行这样的新加坡银行合作伙伴目前处于领先地位，并受到监管机构的鼓励与负责任的 Web3 公司合作。因此，这不仅仅是法规。”（Cointelegraph）

本文将从项目基础，团队能力、特点解析、估值分析、未来长期价值、Telegram与Ton关系、疑惑点等角度对其价值进行解读。

国土面积3.84万平方公里、人口仅88.5万的南亚小国不丹王国，虽然经济落后，却是持有比特币的大国，有望成为数字经济时代的大赢家。

Germany has shut down 47 exchange platforms suspected of enabling illegal transactions, part of a broader crackdown on money laundering in the crypto industry.

9月19日，据福布斯报道，贝莱德最近透露，他们正在悄悄地为一场价值35万亿美元的债务危机做准备——预计这场危机将引发比特币价格暴涨。

步入降息周期，行情崩坏与重启似乎都只在一瞬之间，隐藏的市场因素有哪些？

In recent months, the BRICS bloc has been working extensively to push for an alternate financial system in an effort to dethrone the monopoly of the dollar.

The evolving landscape of crypto crime in 2024 was one of the focuses at TOKEN2049 Singapore. Although illicit activities have declined, challenges such as ransomware, scams, and sanctions evasion persist. Combating crypto crime in the future will depend on strengthening global collaboration and leveraging blockchain technology for better security and transparency.

OKX will replace its OKCoin app with a new product for U.S. users, aiming to improve banking services and deepen integration with its global operations.