CME Group said on Thursday that it is planning to roll out a new financial product just in time for Ethereum 2.0. The derivatives marketplace operator will launch options on ether (ETH) futures on Sept. 12, pending regulatory go-ahead.
What's happening: CME Group is stepping up its presence in crypto derivatives trading with the new offering in anticipation of what stands to be a major market-moving event — Ethereum's long-awaited move to proof-of-stake.
The campaign arm for the Congressional Hispanic Caucus (CHC) is turning to YouTube amid Democrats' growing concerns about misinformation targeting Latino voters.
Driving the news: Bold PAC is producing a series of videos for a new CHC YouTube channel. It has enlisted actress and TV personality Gabriela Fresquez to host a series, "Ya Tu Sabes."
Streaming has officially topped cable as the most popular method by which Americans consume television content, according to new data from Nielsen.
Why it matters: Just as cable's victory over broadcast ushered in waves of change to U.S. media, streaming's rise will continue to bring new businesses and cultural forces to the fore.
The FBI's raid of former President Trump's home in Mar-A-Lago has set off another wave of online rage among his supporters, putting tech giants on high alert for new efforts to undermine the legitimacy of U.S. elections.
Why it matters: Tech companies were caught flat-footed by the deluge of disinformation aimed at delegitimizing the election process and outcome in 2020. Now, amid intense regulatory scrutiny, they are trying to get ahead of a repeat.
Next-generation aircraft companies are increasingly turning to the U.S. Defense Department to accelerate their path to commercial flight.
Why it matters: It can be difficult to earn regulatory approval — not to mention public acceptance — of newfangled flying machines like drones, flying taxis or supersonic jets. And investors usually aren't very patient.
Elon Musk told GOP congressional leaders and big-dollar donors on Tuesday that Republicans need to present a more compassionate front to voters and appeal to immigrants like himself, Axios has learned.
Why it matters: While Musk has been publicly flirting with the Republican Party all year, his attendance at an exclusive GOP retreat in Wyoming marks a new level of involvement in helping the party define its agenda and prepare for its potential takeover of the House.
The crypto establishment is making headway in some corners of Latin America, where adoption would appear poised to accelerate.
Why it matters: The U.S. is the financial capital of the world. But there is a future in which crypto adoptees in Brazil and Argentina, for example, drive the utility of digital assets farther than consumers in developed nations have.
Meta's plan to acquire a small virtual-reality firm — and the Federal Trade Commission's lawsuit to stop the deal — has become a Rorschach test for influential figures in both D.C. and Silicon Valley.
The big picture: Washington regulators see a monopoly move, but for much of the industry, it's just everyday capitalism at work.
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