Kalshi takes legal blow in court ruling confirming state powers over prediction markets
This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the…
Solana vote to double disinflation passes by a hair in dramatic finish
Solana's first networkwide vote went down to the wire, with a Krakenlinked validator switching sides before the disinflation proposal narrowly passed.…
BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
The deal to buy NYDIG IF Holdings comprises $7 million in cash and around $35.5 million, as well as the $15 earnout. Source:CoinDesk
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a…
The Clarity Act slipped to September. Banks are building anyway
But every month without settled rules quietly rewards the walled garden, writes Matter Labs’ Vassilis Tziokas Source:CoinDesk
SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia
The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a crossborder, blockchainbased settlement network.…
Bitcoin is outperforming stocks and correlating with gold just when it matters most
Your dayahead look for Aug. 28, 2026 Source:CoinDesk
Circle's USDC takes over Chelsea's jersey in Premier League first sponsorship deal
Financials were not disclosed, though reports from earlier this year suggested Chelsea was targeting 65 million pounds a year ($88.3 million) for the…
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPUbacked loans for artificial intelligence infrastructure.…
Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
Following a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea's largest exchange.…
Kraken users briefly locked out after a flood of sanctioned crypto transactions
The activity, appearing to spread sanctioned funds to trigger account restrictions, occurred between Aug. 17 and Aug. 24. Source:CoinDesk
Live updates: Bitcoin options worth $6.4 billion just expired as prices hover near $80,000
The $6.4 billion expiry cleared after bitcoin’s run from roughly $62,000 to $80,000, leaving traders to rebuild positions around a very different price range.…