News categoryFinance & Earnings

Five years after the GameStop trading halt that tarnished Robinhood’s reputation, the trading app is pushing for tokenization and real-time market settlement.

The updated CLARITY Act draft from Senate republicans reshapes SEC and CFTC oversight as prediction markets now peg its chances at just under 60%.

Prediction market odds have been volatile since Powell’s response to Trump’s threat of criminal charges, but they are forecasting short-term fed stability.

Polymarket and Kalshi show near-unanimous consensus for a Fed rate cut ahead of Wednesday's decision, with heavy trading in the past 24 hours.

Kalshi posted $1.8 billion in weekly volume, up 15.2%, capturing 78% of the market. Polymarket recorded $511 million, up 19.7%. Combined volume hit $2.3 billion.

Kalshi built $1.2B in weekly volume with US users alone. Polymarket built $952M with everyone else, per Defi Rate analytics.

Attackers exploited a permissions bug in Balancer V2's vault to drain funds across Ethereum and several other networks, security firms including PeckShield found.

Brian Armstrong said his earnings-call list of crypto buzzwords, which settled several mention markets, happened spontaneously after a teammate shared a market link.

The Federal Reserve cut rates by a quarter point in a split vote and said it will end quantitative tightening, while Powell said a December cut is not guaranteed.

IBM and wallet provider Dfns launched Digital Asset Haven, a platform for banks, governments and corporations to handle custody, settlement and compliance across many blockchains.

JPMorgan plans to let institutional clients pledge Bitcoin and Ether as loan collateral, held by third-party custodians, extending its earlier acceptance of crypto ETFs.

Kalshi CEO Tarek Mansour says the exchange will serve crypto natives and mainstream users alike, and compares crypto to AI: companies that ignore it will be left behind.

Kalshi posted its best week ever and more than double Polymarket's volume, driven by sports, as crypto head John Wang plans a deeper push on-chain.

Restaking protocol Kelp launched Gain, vaults that deploy rsETH and other staking tokens across Layer 2 networks for yield and airdrop points, issuing depositors agETH.

BitGo's plan to move WBTC custody into a joint venture involving Justin Sun has MakerDAO weighing WBTC's removal as collateral and lifted interest in tBTC.

SushiSwap's pseudonymous creator pulled his share of SUSHI/ETH liquidity in September 2020 and converted it to ETH, angering a community that called it a rug pull.

Yield aggregator Yearn launched its YFI governance token in July 2020 alongside new liquidity pools, with YFI earned by staking liquidity tokens from Yearn's products.

A look at how Kyber Network handled the March 2020 liquidity crunch, and why composability and low-slippage access to liquidity drove its growth alongside Uniswap.

Andreessen Horowitz led the DeFi lending platform's 2019 Series A, joined by Polychain, Paradigm and Bain Capital Ventures, with funds aimed at decentralizing the protocol.