Financial Services

Kalshi's Significant Growth in the Prediction Market

Kalshi raised $300 million at a $5 billion valuation, enhancing its position in the prediction market with unique trading features.

Central Bank of Russia to Allow Limited Bank Crypto Activity

The Central Bank of Russia is set to allow banks to engage in crypto while maintaining strict regulations to manage risks.

Polymarket Insights: Predictions on the US Government Shutdown Duration

Traders on Polymarket expect the US government shutdown to last through October, reflecting rising uncertainty in political and economic conditions.

HashKey Group Explores IPO Amid Hong Kong's Crypto-Friendly Policies

HashKey Group is considering an IPO in Hong Kong, reflecting the city’s push for innovation in cryptocurrency and digital finance.

Coinbase and Mastercard Eye $2 Billion Acquisition of Stablecoin Startup BVNK

Coinbase and Mastercard are discussing a $2 billion acquisition of BVNK, enhancing their capabilities in stablecoin and cross-border payments.

Roger Ver's Settlement with DOJ: Implications for Cryptocurrency Investors

Roger Ver, an early Bitcoin advocate, has settled a $48 million tax evasion case with the DOJ, indicating shifts in cryptocurrency enforcement.

Understanding Grayscale's Innovative Staking Partnership

Grayscale's partnership with Figment enables clients to earn staking rewards from Ethereum and Solana, enhancing investment portfolios.

Luxembourg Pioneers Bitcoin Investment in Its Sovereign Wealth Fund

Luxembourg is set to make history by adding Bitcoin to its sovereign wealth fund, marking a significant step in cryptocurrency adoption.

Bybit Becomes First Fully Licensed Crypto Exchange in the UAE

Bybit has secured a full license in the UAE, allowing regulated trading and custody services, enhancing the crypto market landscape.

US Government Reveals Plans for Bitcoin Accumulation

US Treasury Secretary discusses ongoing Bitcoin accumulation strategy during a meeting with industry executives, with no plans for liquidation.

Sharps Technology Transitions to Digital Asset Management on Solana

Sharps Technology is shifting focus from medical devices to digital asset management, partnering with Coinbase to build a Solana treasury.

Understanding Binance Wallet's Meme Rush: Opportunities in Meme Tokens

Meme Rush by Binance Wallet enables users to discover and join new meme token projects with improved transparency and engagement opportunities.

Citi Ventures Invests in BVNK, Boosting Stablecoin Infrastructure Valuation

Citi Ventures invests in BVNK, elevating its valuation and highlighting the growing significance of stablecoin infrastructure.

Resources Connection Stock (RGP): AI Bet and $194M Hit

Resources Connection is pivoting with AI and acquisitions—but a $194M goodwill write-down clouds its rebound story.

Gemini Expands Operations in Australia Following Nasdaq IPO

Gemini, a cryptocurrency exchange, has launched its Australian operations to cater to the growing demand for regulated crypto services.