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Kalshi Continues to Double Down on Crypto, Adds Solana to Betting Arsenal


On Friday, Kalshi—the federally regulated prediction exchange headquartered in New York City—disclosed that it now permits solana ( SOL) deposits for account funding. Solana Lands on Kalshi Established in July 2021 under the oversight of the Commodity Futures Trading Commission (CFTC), Kalshi...

Crypto Biz: From shorting the Venezuelan Bolivar to shorting the US dollar


When Venezuela was experiencing hyperinflation, Ledn co-founder Mauricio di Bartolomeo hedged against the collapsing local currency by shorting it in favor of the more stable US dollar. Today, he’s using a similar strategy — this time borrowing against his Bitcoin (BTC) to hedge against...

Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined


Risk appetite across traditional and cryptocurrency markets saw a sharp rise this week, helping United States cryptocurrency funds recover the capital lost to the correction of February and March, amassing over $7.5 billion worth of weekly inflows.Bitcoin (BTC) surpassed its old all-time high...

US DOJ seizes $24M in crypto from accused Qakbot malware developer


The US Department of Justice (DOJ) has filed a civil forfeiture complaint to seize more than $24 million in cryptocurrency from Rustam Rafailevich Gallyamov, a Russian national accused of developing the Qakbot malware.According to a May 22 announcement, the DOJ unsealed charges against...

Wall Street’s Crypto Coup? Mega Banks Quietly Gear Up for Stablecoin Entry


America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures to debut crypto assets tethered to the U.S. dollar. WSJ: Stablecoin Bloc Forms Behind Closed Doors Should the Guiding and Establishing National...

CZ refutes claims in latest WSJ article on Trump-linked crypto dealings


Binance co-founder and former CEO Changpeng “CZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a “hit piece” filled with inaccuracies and negative assumptions. In an X post, Zhao criticized the publication’s portrayal of his alleged...

CZ refutes claims in latest WSJ article on Trump-linked crypto dealings


Binance co-founder and former CEO Changpeng “CZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a “hit piece” filled with inaccuracies and negative assumptions. In an X post, Zhao criticized the publication’s portrayal of his alleged...

Hyperliquid backs 24/7 crypto trading in CFTC comments submission


Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC).In a May 23 X post, Hyperliquid Labs announced that it has “submitted...

Hyperliquid backs 24/7 crypto trading in CFTC comments submission


Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC).In a May 23 X post, Hyperliquid Labs announced that it has “submitted...

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