crypto

Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B

The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.

Cointelegraph

Bitcoin price jumps to $81.5K as US GDP data beats expectations

BTC price action returned to a key weekly resistance level as US stock markets digested Alphabet’s Q3 earnings miss.

Cointelegraph

French Senate adopts bill for automatic sharing of crypto tax data

The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative process.

Cointelegraph

Polymarket brings ultra-short crypto prediction markets to U.S. platform

Polymarket’s new Up/Down crypto contracts come as the CFTC renews scrutiny of the prediction market’s compliance with its 2022 U.S. onboarding terms.

CoinDesk

Crypto for Advisors: Only 1 in 5 Americans say the financial system is secure

CoinDesk

Bank of England opens consultation on tokenized collateral for clearing

Central counterparties would need to show tokenized collateral meets liquidity and risk tests under proposed Bank of England guidance.

Cointelegraph

Why Switzerland’s first genuine spot bitcoin ETF could soon attract overseas banks and brokers

SIX Swiss Exchange confirms international access, while FINMA explains why it approved the fund and whether ether and solana ETFs could follow.

CoinDesk

Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner

The service uses perpetual futures quotes to update reference prices when traditional markets close.

CoinDesk

Canton Foundation grants RedStone 15.8M Canton Coin for pricing standard

RedStone’s planned pricing tool will let institutions on Canton use shared market prices without exposing deal terms to data providers.

Cointelegraph

New quantum model slashes hardware needed to break bitcoin keys by 17 times

Alice & Bob's new model reduces the hardware required for a potential attack, bringing it closer to reality and increasing pressure to adopt quantum-resistant security sooner.

CoinDesk

Walmart, Eli Lilly join growing pushback against OKX–ICE tokenized stock plans

Five more companies have objected, bringing the total to 38 as a rival Canton venue prepares to launch with an issuer-sponsored stock under the SEC's innovation exemption.

CoinDesk

Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?

USDT is coming home to Bitcoin, offering privacy and Lightning-fast payments. But can Bitcoin’s revamped version of Tether compete with stablecoins on ETH and TRON?

Cointelegraph

Brazil’s Halloween eve crypto deadline brings more tricks than treats

Brazil’s crypto exchanges face an application deadline on Friday, with costly requirements and unanswered regulatory questions complicating compliance.

Cointelegraph

Polygon expands Open Money Stack to Solana, after Tron rollout

The move follows the addition of Tron support and Polygon’s acquisition of Coinme.

Cointelegraph

A new framework for tokenized asset tracking

None of the numbers most commonly used to assess tokenized assets answer the question a chief investment officer would ask about those assets on her own balance sheet: what is it doing for me?

CoinDesk

Tokenized stock venue on Canton could beat OKX–ICE to first trade under SEC framework

The venue, called TSV LLC, plans to start trading shares Canton Strategic Holdings shares as early as Monday, using issuer-sponsored tokenization that avoids the 30-day company objection window.

CoinDesk

Chainalysis traces North Korean crypto cash-outs through Garantex

The analysis followed US sanctions against 10 people and one entity accused of helping North Korean IT worker schemes fund weapons programs.

Cointelegraph

Unlimit founder backs Phase blockchain with $45M as mainnet launches

Phase’s new network lets smartphone owners earn tokens for validating transactions and sharing internet connections with AI agents.

Cointelegraph