In short Publicly traded companies are now racing to accumulate Ethereum. Companies with strategic ETH reserves now account for more than 6% …
Smart Contracts
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Smart Contracts
Nevada Becomes First State to Ban Prediction Market Kalshi—At Least for Now
by shayaanby shayaanIn short Kalshi was temporarily banned in Nevada, shutting down the sports, politics and entertainment markets for at least a fortnight. A …
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Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports
by shayaanby shayaanIn short Kalshi has raised $1 billion in a new funding round led by Coatue Management, valuing the prediction market at $22 …
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Kentucky Senate Urged to Strip Hardware Wallet Provision From Crypto Bill
by shayaanby shayaanIn short The Bitcoin Policy Institute urged the Kentucky Senate to remove Section 33 of HB 380, calling it “technologically impossible” for …
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ETF Giant Challenges Tether and Paxos with Framework for Tokenized Gold
by shayaanby shayaanIn short The World Gold Council, which helped create the first gold-backed ETF in the US, is working on a service to …
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Nasdaq Wins SEC Approval to Trade Tokenized Securities in Pilot Program
by shayaanby shayaanIn short The plan covers Russell 1000 shares and some index ETFs at launch, with the same rights, symbols and priority. Tokenized …
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In short The Federal Reserve kept interest rates stable for the second time in a row. The decision was split, with one …
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UK Panel Calls Crypto Donations ‘High Risk,’ Seeks Immediate Ban
by shayaanby shayaanIn short The joint committee called crypto donations an “unnecessarily and unacceptably high risk” and wants a binding moratorium to be included …
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PayPal Expands PYUSD Stablecoin Globally as Supply Tops $4 Billion
by shayaanby shayaanIn short PayPal is expanding its stablecoin PYUSD to 70 global markets for faster, cheaper cross-border payments. Users can buy, hold, send …
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Minors Sue xAI in California Over Alleged Grok Deepfake Images
by shayaanby shayaanIn short Three Tennessee minors have sued xAI, alleging that Grok generated CSAM from their real photos and distributed them online, causing …