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Kalshi is seeking funding worth $40 billion, increasing its lead over rival Polymarket

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Kalshi is seeking to raise about $40 billion worth of new capital, nearly doubling the $22 billion valuation it targeted in its previous funding round, according to a Financial Times report citing people familiar with the matter. The prediction market platform could close fundraising as soon as the third quarter of this year, the FT […]

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Upheaval at the fund has some of crypto’s biggest names feeling bullish

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Yakovenko’s comments stood out because they came from one of Ethereum’s most prominent competitors. While debates between Ethereum and Solana supporters have often been contentious, Yakovenko’s reaction reflected a view shared by many currently at the top of the industry: that leaner organizations can sometimes make better decisions than larger, more bureaucratic ones. The emergence

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Trump refuses to sign the US CBDC ban into law, requires approval of the election proposal

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If congressional Republicans pivot to further work on the election-focused legislation, it could squeeze their bandwidth for other legislation. GOP lawmakers were already pushing again for Senate action on Trump’s favored bill Wednesday. “There is no way the SAVE Act will become law,” Jaret Seiberg, a policy analyst at TD Cowen, said in a research

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Cardano wallet SecondFi hit by $2.4 million exploit, up to $20 million in user funds at risk

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SecondFi, the Cardano wallet formerly known as Yoroi, says it has patched a major exploit that drained about 16 million ADA, worth approximately $2.4 million, from 374 user wallets across three separate attacks. The root cause was a bug in SecondFi’s proprietary wallet generation software. The vulnerability is at the address level, meaning that simply

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Binance withdraws Greek MiCA bid but vows to stay in EU

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Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and will seek authorization in another EU country, the crypto exchange said on Wednesday via multiple X-posts. While Binance did not immediately respond to CoinDesk’s request for comment, Gillian Lynch, head of Europe and UK, told Reuters that “Binance is not

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Current Currency in Digital Assets: Infrastructure

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This trend becomes even more relevant as real-world assets enter the digital landscape. Stablecoins have already demonstrated the power of blockchain-based representations of traditional value, becoming the most successful application of digital assets to date. Tokenized deposits, bonds, funds and other real-world assets are poised to follow, expanding the range of options available to businesses

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BTC Falls To $60,000 Range As Investors Turn To Stocks For Investment Gains

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Bitcoin BTC$60,466.62 fell to the $60,000 area on Wednesday for the second time this month, continuing its poor price action in the face of risk-market rallying elsewhere. Gold and oil also continued to lose ground, each falling below key levels – gold $4,000 per ounce and oil $70 per barrel. Read more: Gold, silver and

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Former FCA policy insider explains ‘huge gulf’ in UK crypto ambition

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Arredondo argues that the industry has spent years building separate blockchain networks, stablecoins and digital money projects, but has spent less time ensuring these systems can work together. “We need to move the market from everyone doing their own really cool stuff to actually thinking about standard setting across the board.” The issue has become

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Bitcoin broke just below the floor of its famous Rainbow Chart in the ‘BTC is dead’ zone

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Bitcoin peaked at $126,000 in October without reaching the Rainbow Chart’s upper red band. Now, with BTC close to $62,500, the price has fallen below the bottom of the chart. The deviation comes as other widely followed bitcoin valuation models have also struggled. The Stock-to-Flow model, which links bitcoin’s price to its programmed supply reductions,

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