Coinbase Ventures Backs A $90M Bet On Fixing Prediction Markets
Raven raised at a $90 million valuation from CMCC Global and Coinbase Ventures, aiming to unify fragmented prediction market liquidity.
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Coinbase and Kalshi Get Partial Shield in Illinois Gambling Lawsuit
A federal judge partially blocked Illinois from enforcing gambling laws against Coinbase and Kalshi over sports-event prediction contracts this week.
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Aave Founder Stani Kulechov Slams ECB and EBA for Pushing Stablecoin Yield Ban
Stani Kulechov, founder of Aave (AAVE), on Friday criticized the European Central Bank and the European Banking Authority over their positions in the MiCA regulatory consultation, calling both institutions out for pushing a stablecoin yield ban and restrictions on DeFi access. Key Points Kulechov said in a post that the ECB and EBA are not…
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Advisers and Funds Could Get Official SEC Crypto Custody Path
SEC proposed a crypto asset custody framework for advisers and funds Thursday, its first major rule since Hester Peirce’s Crypto Task Force exit.
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Bad Rules Could Quietly Make Self-Custody The Hard Option, TEXITcoin Founder Says
Bad regulation could make self-custody the inconvenient option rather than end it outright, TEXITcoin founder Robert Gray on Thursday said, pointing to two Washington moves two days apart in September. Key Takeaways The CLARITY Act failed a Senate cloture vote on Sept. 15. Two days later the SEC gave venues trading tokenized securities a five-year…
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Buterin Reveals Ethereum’s Post-Hegota Roadmap
Vitalik Buterin outlined how Ethereum evolves after the Hegota fork, leaning on cryptographic proofs to scale without new trust assumptions.
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Quant’s 62% Surge Revives an Old Enterprise-Blockchain Bet
Quant (QNT) surged 62% in 24 hours, its sharpest move in years, reviving interest in the network’s blockchain interoperability pitch.
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Bitget Hacker Moves $83 Million XRP Revealing Ripple Cannot Freeze
Bitget hackers moved $83 million in stolen XRP that Ripple cannot freeze, exposing a structural gap in how the token’s ledger handles theft.
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New York Sues Polymarket Over Illegal Gambling Claims
New York sued Polymarket Thursday, alleging its prediction market platform runs an illegal gambling operation without a state license.
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Tokenization Projects Die Without Buyers, Brickken CEO Says
Regulatory permission has never been what held tokenization back, Brickken Chief Executive Edwin Mata on Friday said, pointing to Europe’s pilot regime where only three firms have been authorized since 2023. Key Takeaways The SEC proposed rules in September that would let a blockchain serve as the official record of who owns a security. Europe…
