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U.S. crypto legislation can happen this year, Senate Majority Leader Chuck Schumer (D-N,Y,) said Wednesday at the first major event in which crypto insiders have come out for Vice President Kamala Harris as their favored presidential contender.

The U.S. crypto market will "bifurcate from the rest of the world" said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.

Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.

The Binance-owned wallet has been the victim of multiple cyber attacks during 2023.

U.S. authorities have identified Russian national Dmitry Khoroshev as the mastermind behind the notorious LockBit ransomware gang, and are offering a $10 million reward for information that leads to his arrest.

The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.

Kalshi "has staked its future on this litigation and these markets," the prediction market platform said, pushing back against CFTC's emergency motion.

A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company's efforts to launch political prediction markets in the U.S., without indicating whether they'd allow Kalshi

A federal judge "erred" in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments

The CFTC "has failed to demonstrate that it or the public will suffer irreparable injury absent a stay pending appeal," an appeals court said, clearing the prediction market to resume listing the contracts.