FlightAware drops Kalshi lawsuit one day after filing
Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight…
Bank of England tests stablecoin, digital pound interoperability in cross-border payments
The Digital Pound Lab is testing a crossborder trade finance flow combining stablecoin payments with simulated digital pound settlement. Source：Cointelegraph
Wintermute plans $1 billion AI push beyond crypto: Bloomberg
The firm aims for noncrypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business. Source：CoinDesk
Solana platform taps prediction market Kalshi for Wall Street-style high-speed data feed
Solanabased DoubleZero looks to meet institutional demands by adding prediction market Kalshi’s order book to its lowlatency market data feed. Source：CoinDesk
HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin
HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s regulated stablecoin market takes shape.…
Nvidia, Intel, Google: Wall Street is partying like it’s 1999
The signs are all around that Wall Street is back in that dangerous atmosphere of giddy euphoria that those with long memories will remember from the infamous…
An active fund holding a whopping 800 stocks is beating major indexes. Here’s how.
For diversification in the stock market, there are actively managed alternatives to index funds. Source：MarketWatch
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.…
Miden bets on privacy stablecoins with introduction of USDCx
USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.…
Social Security recipients will get more money next year. Here’s how much benefits may rise.
Social Security’s costofliving adjustment could be as much as 3.6% in 2027. Source：MarketWatch
Crypto Long & Short:
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong…
Lumentum’s stock surges, giving a further boost to the optical-networking trade
Excitement is building for Coherent’s earnings report after upbeat results from Lumentum. Source：MarketWatch