Category: Web3
Blockchains, DeFi, stablecoins, DAOs and the decentralized internet.
-

Kalshi is ending the programme that paid traders for volume, a year early and in a record month
Kalshi says there is no wash trading on its platform, and it is switching off the incentive that would reward it anyway.
-

Congress wants to know who on Hyperliquid, Crypto.com and PredictIt traded on news before it broke
The House Oversight chair is building a case for barring officials from prediction markets, and a decentralised exchange is his hardest witness.
-

A Brazilian depository overseeing $4 trillion has started copying fund records onto the XRP Ledger
The blockchain is now keeping the books, just not the ones that count.
-

Aztec has brought back the Ethereum privacy wallet it shut down in 2023
Aztec is betting that ordinary users want financial privacy more than regulators fear it.
-

Blockchain.com wants to raise $500 million in a US listing before the year is out
The price tag is up to $6 billion, and nobody outside the SEC has yet seen the numbers behind it.
-

A Senate report says Tether’s dollar token is how Iran moves money around sanctions
Tether points to $550 million it has helped freeze, and the report’s author wants the Justice Department to decide whether that is enough.
-

Bitwise’s new NEAR fund pays staking rewards and pitches a token for AI agents
The first US spot NEAR ETF is selling a story about machines paying machines, at 0.75 percent a year.
-

Citi will let its corporate clients take stablecoins without ever holding one
Making the tokens invisible to merchants may be the only way corporate finance teams were ever going to accept them.
-

Chainlink rebuilt its bridge after the Kelp hack, and quietly retired one of its own safety layers
Institutions can now add their own checks, but anyone who does not is relying on one network where there used to be two.
-

California banned its officials from launching memecoins, and named Trump as the reason
The law is aimed squarely at the White House, but it can only reach Sacramento.