Latest from Nikhilesh De
U.K.'s Farage faces standards probe over $6.7 million gift from Tether billionaire Christopher Harborne
The Conservative and Labour parties argued Nigel Farage broke Commons rules by not declaring the £5 million, but Reform UK said it was an exempt, personal, unconditional gift.
CFTC sues Wisconsin in agency's legal campaign defending prediction markets authority
The U.S. Commodity Futures Trading Commission added Wisconsin to the list of states it's sued over event-contract jurisdiction, most recently New York.
World Cup fever: Chiliz expands to Solana and Base to supercharge fan token trading
Chiliz rolled out its own layer-1 network in 2023 to host the trading of its tokens, but is transitioning to what it calls "omnichain distribution."
Polymarket reportedly seeking CFTC approval to reopen main exchange to U.S. traders
If approved, the move would help Polymarket compete with Kalshi in the U.S., and bring more event-trading activity under CFTC regulatory oversight.
Riot extends $200 million Coinbase credit facility, and bitcoin weakness could mean more sales
The miner locked in fixed borrowing costs and extended maturity, but a shrinking BTC treasury and loan-to-value triggers leave little room for error if prices slide.
Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting
Microsoft and Chainalysis executives warned that as AI agents begin managing transactions at scale, the financial industry must overhaul its legacy infrastructure to prioritize machine identity and trust.
CFTC's AI will review U.S. crypto registration applications, chairman tells CoinDesk
The regulator is working on new technology to stretch abilities of reduced staff, says Chairman Mike Selig, including AI monitoring of trading data.
Western Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO says
The 175-year-old money-transfer firm also plans to issue a stablecoin-linked card for payments and cash-out options from crypto to local currencies, CEO Devin McGranahan said.
Why DeFi isn't dead despite massive exploits and $13 billion investor exodus
A $292 million exploit and $13 billion TVL drop looks catastrophic on the surface, but the data tells a different story.
