The expansion gives institutional and automated traders real-time access to Kalshi’s political markets as election betting activity continues to grow. DoubleZero, a network for high-speed data distribution, has added real-time data from Kalshi’s election and politics markets as prediction market trading picks up ahead of the US midterm elections in November. The expansion adds Kalshi’s...Continue Reading

The restructuring will separate MetaMask’s consumer business from Consensys’ Ethereum protocols and institutional blockchain infrastructure operations. Consensys Software Inc., the Ethereum software company behind MetaMask, plans to split into two independent companies, separating its consumer business from its institutional blockchain infrastructure operations. According to Wednesday’s announcement, the separation is expected to be completed by the end...Continue Reading

The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AI-powered investigations business. Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion following an expansion of its Series C funding round led by Blockchain Capital. The company did not disclose the size...Continue Reading

Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carry-trade unwind. Bitcoin (BTC) struggled below $80,000 on Wednesday as attention refocused on the Japanese yen. Key points: Read moreContinue Reading

The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain. U.S. Bank, the fifth-largest commercial bank in the United States, has completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain. The pilot moved funds between U.S. Bank entities in North America and Europe,...Continue Reading

The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries. Tether and Fasanara Capital have launched a private credit fund backed by $400 million from the two firms that aims to raise as much as $3 billion from institutional investors. The evergreen fund, called StableFund, will...Continue Reading

Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose costly compliance burdens. The Crypto Council for Innovation (CCI) and Blockchain Association (BA) are seeking to block Illinois from enforcing a 0.2% tax on cryptocurrency transactions before it takes effect in...Continue Reading

BitMart provided no asset figures or withdrawal timetable and will launch a feedback portal within five working days during a financial adviser review. BitMart appointed Alvarez & Marsal as its financial adviser on Wednesday, its self-imposed Sept. 9 deadline for an update, but did not publish the restructuring and business resumption roadmap it said it...Continue Reading

The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains tax-free after one year of holding. The German Federal Ministry of Finance reportedly issued a draft proposal to transition cryptocurrency trading profits to the standard 25% flat-rate tax starting in 2028. The...Continue Reading

From the whereabouts of the CryptoQueen to a mysterious death involving a DeFi builder paranoid about the “pedo elite,” here are 10 crypto mysteries that still have no good answer. In an industry built on transparency and verifiability, newcomers might assume that crypto and blockchains leave very little room for mystery. They’d be completely wrong...Continue Reading