Kalshi could be worth $40 billion after new funding
Kalshi is reportedly in talks to raise $1 billion at a $40 billion valuation as Sequoia, Wellington, Tiger Global and Dragoneer circle.
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Ripple puts Brazilian fund records on XRP Ledger
Ripple and CSD BR are putting BTG Pactual fund-share records on XRP Ledger while CSD BR keeps the official ownership records.
Fed’s Barr signals more rate hikes as October odds fall to 50%
Federal Reserve Governor Michael Barr has renewed his call for further interest-rate increases to bring inflation down to 2%, while market odds of an October hike have fallen to about 50% from roughly 70%. Federal Reserve Governor Michael Barr said…
Riot Platforms closes $200M Coinbase Bitcoin credit line
Riot Platforms has fully repaid its Coinbase Credit borrowing and closed the $200 million Bitcoin-backed facility, releasing the lender’s claims on pledged assets after settling principal and accrued interest on Sep. 21. Riot Platforms’ Form 8-K, filed with the U.S.…
Political memecoins blur public power and private profit: GSN CEO
California’s Sep. 27 signing of AB 2409 has put political memecoin conflicts under scrutiny, with Global Settlement Network CEO Ryan Kirkley calling for rules focused on officials’ financial interests rather than restrictions across digital assets. Ryan Kirkley, CEO and co-founder…
Crypto ETFs draw $2.39 billion as Bitcoin retreats on Treasury yield surge
Crypto ETFs have attracted $2.39 billion in weekly inflows, pushing 2026 net flows back above zero despite Bitcoin’s 4.3% decline as U.S. ten-year Treasury yields climbed to 5.20%, according to Hilbert Group. Hilbert Group, the digital asset investment firm listed…
Bittensor adoption grows as AI subnets find paying customers, Yuma CRO says
Bittensor subnet operator revenue has grown from near zero to an estimated $32 million-plus over 18 months as companies have secured commercial implementation deals, according to Yuma chief revenue officer Evan Malanga. Evan Malanga, chief revenue officer at Bittensor infrastructure…
Tokenized RWA usage should be judged asset by asset, says Falcon exec
Falcon Finance’s chief RWA officer has questioned whether low onchain activity signals weak demand across a tokenized asset market valued at $38.86 billion in a September snapshot, arguing that funds bought for income should be assessed differently from products built…
Trump predicts Iran war will end soon amid talks over Hormuz
U.S. President Donald Trump has predicted that the war with Iran will end “very soon” after American officials spoke with mediators working on a deal to reopen the Strait of Hormuz. Reuters reported that Trump made the prediction in the…
Cboe extends S&P 500 options deal through 2051, eyes tokenized contracts
Cboe Global Markets and S&P Dow Jones Indices have extended their exclusive S&P 500 options licensing agreement through 2051, while identifying tokenized options as a product they may explore together. Cboe and S&P Dow Jones Indices announced the extension on…
Solana price loses $120 as bearish money flow puts $117 support to test
Solana price has fallen below $120 after its rally stalled near $125, leaving traders focused on whether support around $117 can hold. SOL traded near $117.50 on Sep. 29, about 5.7% below its Sep. 27 high of $124.62. CoinGecko put…
Aztec Labs relaunches zk.money wallet for private Ethereum transactions
Aztec Labs has relaunched zk.money on the Aztec Network, bringing back its private payment wallet after a three-year absence and offering users self-custody of their funds. In a Sep. 29 announcement shared with crypto.news, Aztec Labs said that users can…