The first edition of Crypto Cashflows is live! This week I dove into one of the leaders in crypto cards, ether.fi, and dug into the business behind the token $ETHFI View article

WATCH: Migrant Uber Eats delivery workers in France are using multiple phones to reject low-paying orders, forcing the app’s algorithm to raise delivery offers to €15 or more.

I've seen signs of FanDuel using account-specific pricing on SGPs before, but this is insane. Saw 3 different quotes on the same combo. Same selections, same jurisdiction, different odds? How is this not getting regulatory scrutiny? Especially with zero transparency.

So, for those of you who missed it, Illinois just dropped its draft rules for their no good, very bad Digital Asset Tax and, y’all, it’s a mess, especially for DeFi. The proposed rules would treat a DEX (not an interface, the protocol itself) that charges a “protocol fee” as a “broker” that must register with the state, collect a 0.2% tax on the full value of every swap by an Illinois user, and keep each user’s address, IP, and W-9. Effectively mandated KYC. It also requires brokers to keep customers’ private keys… I don’t even know where to begin on that one. Essentially a worse version of the repealed IRS broker rule. Thankfully @BlockchainAssn, @crypto_council, and the @DigitalChamber have sued the state, but we need a full court press on this from a political and policy perspective. It’s my personal #1 priority, because I doubt Illinois will be the last to try this.

Massachusetts just helped secure a historic $17.1 BILLION settlement with Meta. Teens will get a 2-hour daily Instagram/Facebook limit, no access from midnight-6AM and silenced notifications during school hours. Massachusetts gets at least $366 MILLION from the settlement.

Today we are launching the first ever CFTC API. As applications for product filings continue to grow (including all new regulated perps) we now offer a way to pull new filings and parse their documents.

🚨Red-hot rhetoric from Kalshi, attacking election officials in Wisconsin. Kalshi is accusing them of "voter suppression" and trying to "disenfranchise voters" — for (accurately) notifying residents that state law disqualifies them from voting in any race they wagered on. (1/3)

"Ice cream is one of the most weather-dependent products in the world," explained Jiang, who worked in corporate banking before swirling soft serve. "We lose about 20 percent of business when the weather goes below 70 degrees... So we're essentially hedging that profit loss on the app.

Underdog has self-certified the first contracts for its in-house exchange, a sign that it may soon be able to launch them to the public.