CFTC Sues Kentucky in Escalating Fight Over Kalshi and Polymarket
TL;DR: Ninth state lawsuit: Kentucky becomes the ninth state sued by the federal regulator in its campaign to consolidate exclusive jurisdiction over event contracts. Local fiscal
CryptoNews (Latest Publications)
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Polymarket-Backed Polysights Boosts Funding to Target Insider Trading on Prediction Markets
TL;DR Polysights, a Polymarket-backed analytics platform, raised $1.5 million to expand tools for detecting suspicious prediction-market trading. The platform focuses on unusual wallet behavior, outsized positions
Sentient Foundation Launches $42M Grant Program to Accelerate Open-Source AGI Development
TL;DR: Sentient Foundation announced the creation of a $42 million fund aimed at global researchers and developers. The program includes two funding modalities, featuring non-dilutive grants
Avail Nexus Unlocks Larger Cross‑Chain Transfers With Mayan, Raising Limits to $10 Million
Avail Nexus expanded its execution capacity to support cross-chain transactions of up to $10 million per transfer, through an integration with Mayan, a cross-chain swap protocol optimized for speed, competitive
IPO on the Table for Kalshi, Though Not in the Near Term, CEO Says
Kalshi is considering going public, although its CEO Tarek Mansour confirmed on CNBC’s “Squawk Box” that the IPO will not happen during 2026. Mansour acknowledged that the company is in the early stages
21Shares Sticks to $100K Bitcoin Target After Reviewing Post‑Halving Trends
21Shares published its mid-year market report, in which it revisits its projections for 2026 and maintains a $100,000 price target for bitcoin by year-end, following the approximately $126,000 peak that BTC
CryptoQuant Urges Saylor to Stop Buying Bitcoin and Rebuild Cash
Michael Saylor should halt Bitcoin purchases and rebuild Strategy‘s liquidity reserves, according to a report published by onchain analytics firm CryptoQuant. The company’s perpetual preferred stock, known as STRC, is showing clear
Binance Reaffirms EU Commitment Despite Regulatory Setback
TL;DR: Withdrawal in Greece: The platform canceled its application with the Hellenic Capital Market Commission before receiving a formal ruling. Compliance deadline: Cryptocurrency firms had until
DeFi TVL Falls 39% YTD to $70B as Exploits and Market Slump Weigh on Sector
TL;DR DeFi TVL has fallen 39% year-to-date, dropping from $115 billion to $70 billion as weaker crypto prices and sustained capital outflows pressure the sector. While
Ink Moves to OP Enterprise Fully Managed Under New Multi‑Year Infrastructure Agreement
TL;DR: Ink, the Ethereum layer-2 network incubated by Kraken, signed a multi-year agreement to migrate to Optimism’s OP Enterprise Fully Managed. Under the agreement, Optimism will
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