⚡️ News Flash - 10 Aug 2024 !

1️⃣ Gemini Calls on CFTC to Withdraw Proposed Rule on Event Contracts
Gemini has called on U.S. regulators to withdraw a proposed rule that would ban event contracts on decentralized prediction markets, citing potential negative impacts on forecasting markets, including those related to elections.

2️⃣ Adidas Teams Up with Doodles for Virtual Swag Packs and Exclusive Physical Apparel
Adidas has teamed up with Ethereum's Doodles to sell virtual swag packs that offer potential access to exclusive physical apparel. The packs are available until August 16, ranging from $4.99 to $374.99.

3️⃣ SEC and Ideanomics Reach Settlement Over Crypto Revenue Reporting Fraud Charges
The SEC has settled fraud charges with Ideanomics over misleading financial reporting between 2017 and 2019, including false claims about revenue from crypto assets.

4️⃣ Tax Lawyer David W. Klasing Indicates IRS is Closing In on Crypto Tax Cheats
Tax lawyer David W. Klasing warns that the IRS …