

Can US stock perps survive in court? Hours after the CFTC cleared single-stock perpetual futures, the Cboe- and Citadel-backed Capital Markets Alliance sued in New York, arguing they're security-based swaps for the SEC. A judge has denied an emergency block but said the group is likely to win on the merits. @Tyler_Did_It breaks it down.

Consensys Launches Bridgeless Interoperability Stack for Institutional Ledgers. Consensys unveiled Sovereign Network Interoperability at Devcon in Mumbai, letting institutions settle securities, exchange currencies and post collateral across separate ledgers without bridges, with EVM chains supported now and Canton next.

Mercado Bitcoin Says Customers Won't Lose Assets After Security Incident. Brazilian exchange Mercado Bitcoin says about $11 million of the affected funds has been blocked and roughly $38 million has not, pledging customers will lose no assets while its platform remains offline. https://t.co/FUA3KdBIBV

ZachXBT Says Suspected Theft From European Institution Tops $133 Million. Onchain investigator ZachXBT says he found another $27 million in exchange withdrawals by the illicit actor, bringing the total above $133 million, adding his working theory that a large Western European financial institution is covering it up.



