Live facial recognition cameras to be used on UK’s busiest shopping street
The Metropolitan police are understood to be planning to use live facial recognition (LFR) technology on Britain’s busiest shopping street.
Regulation
Standard Chartered-backed Anchorpoint begins HKDAP stablecoin rollout
Standard Chartered-backed Anchorpoint began an institutional rollout of its Hong Kong dollar stablecoin, HKDAP, following licensing approval.
Morning Minute: The CFTC Bails Out Kalshi in NY
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.
Sponsored
Trezor — Open-source hardware security
The original hardware wallet — open-source firmware, audited and battle-tested.
Bitcoin market in ‘hibernation’ as perp trading activity sinks to three-year low ahead of US CPI release: K33
Elevated open interest leaves the market exposed to sharper liquidation-driven moves, K33 said, as traders await Wednesday's U.S. CPI report.
SEC Crypto Rules: 3 Possible Moves This Week as CLARITY Act Stalls
Bitwise CIO Matt Hougan says the SEC could move ahead with crypto rules even while the CLARITY Act remains stuck in Congress, potentially giving the industry a faster route toward regulatory clarity.
AI was supposed to destroy jobs. Where’s the carnage?
The AI jobs apocalypse never showed up. Still, jobs are changing and economists expect more to come.
Iran war and high living costs fueling last-minute holiday bookings, Tui says
Geopolitics and cost of living crisis have cost Europe’s largest travel company €60m so far
Just 20 of 6,600 Defra staff working on climate adaptation amid drought and wildfires
Just 20 staff are working on climate adaptation within a key government department tasked with protecting the environment and maintaining food security, a freedom of information request has revealed.
Sponsored
Koinly — Crypto tax made simple
Sync exchanges and wallets, then generate a compliant tax report in minutes.
CFTC Invokes Emergency Powers to Keep Kalshi Trading Despite New York Suit
The Commodity Futures Trading Commission has invoked its emergency authority to order Kalshi to carry on trading, acting on Tuesday after the exchange itself notified the agency of a market emergency.
Great Britain faces electricity supply shortfall during solar eclipse
Event expected to hit solar power just as fifth heatwave of summer increases use of air conditioning and fans
FlightAware drops lawsuit against Kalshi one day after filing
The flight tracker previously claimed that Kalshi improperly used its data and trademark to run prediction markets on flight cancellations.
Harmony confirms exploit involving unauthorized minting of 4 billion ONE tokens
X user Juiceberg reported earlier that an attacker had minted four billion ONE tokens without authorization.
Eerie silence and ‘still surviving’: what happened next after steel town’s last blast furnace shut down
Exhibition in Port Talbot is part of project exploring how communities experience endings and transitions
Bitwise cuts 14% of staff as crypto layoffs mount during market downturn
Bitwise CEO Hunter Horsley told The Block that the crypto asset manager trimmed its global team to around 155 last week.
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.
UK heatwaves may have cost economy £4.4bn in lost output so far this year, analysis finds
Verdant thinktank says cost could top £25bn a year by 2030 and calls for maximum temperature for working and urban redesign to cool down cities
Passenger jet billed as China’s answer to Boeing and Airbus prepares to make first international flight
The Comac C919 will fly from Beijing to Ulaanbaatar in Mongolia, although experts say it could take generations for it to challenge the west’s dominance of the industry
Trump considers capital gains tax cuts ahead of midterm election- Bloomberg
The specter of investigations and impeachment has fueled many of the president’s most dramatic actions.
SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme
Regulators allege Goliath promised crypto liquidity-pool returns but instead paid earlier investors and funded its founder’s luxury spending.
Households near new pylons to get £250 taken off annual energy bills
Discounts confirmed near more than 40 locations across Great Britain amid biggest upgrade to electricity grid since 1960s
Robinhood Chain hits 11.6 million daily transactions as USDe fuels TVL growth
There is a clear divergence for Robinhood Chain in the number of transactions and TVL growing against a stagnating user base.
CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
The CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
The U.S. Commodity Futures Trading Commission announced it had ordered prediction market operator Kalshi to continue operating in New York after the state filed a lawsuit seeking to shutter the platform.
SEC to address crypto regulations in absence of CLARITY passage
The US securities regulator scheduled a meeting this week with the potential to step up on digital asset policies without congressional action.