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Today in crypto, Polymarket’s rival prediction marketplace Kalshi raised $300 million to expand into 140 countries worldwide, Democratic Party senators were criticized for proposing a DeFi restriction list, and Roger Ver has reportedly reached a deal with the US Justice Department to avoid prison over tax charges.Kalshi raises $300 million to expand prediction markets to 140 countriesUnited States-based prediction marketplace Kalshi closed another major funding round to bring its platform to more than 100 countries worldwide.Kalshi completed a Series D funding round of over $300 million led by Sequoia Capital and Andreessen Horowitz (a16z), with participation by Paradigm, the company…

Binance founder Changpeng Zhao (CZ) has addressed growing speculation that Binance may have ties to the fast-growing decentralized exchange Hyperliquid, confirming that while the platform’s founder was once part of a Binance Labs incubation program, there are no current investment links between the two.In a post on X, CZ said Jeff Yan, the founder of Hyperliquid, participated in Binance Labs’ first incubation cohort in 2018 through a startup called YZiLabs. Gossip tweet. Saw a couple of posts on this topic: If you didn’t know, Jeff (HL) was part of the YZiLabs (Binance Labs back then) incubation season 1 cohort in…

Solana, a prominent player in the blockchain space, has emerged as a leader in on-chain activity, boasting a diverse range of applications and efficient transaction processing. According to Grayscale Research, Solana’s blockchain platform excels in user engagement, transaction volume, and transaction fees, making it a formidable force in the cryptocurrency landscape. Solana’s Growing Ecosystem Solana’s blockchain is recognized for its fast and cost-effective transaction processing, hosting a multitude of industry-leading applications across various sectors such as decentralized finance (DeFi), consumer apps, and infrastructure projects. The platform’s SOL token, with a valuation of approximately $119 billion, ranks as the fifth-largest crypto…

Russia is moving closer to formally integrating crypto into its financial system, as officials acknowledge widespread adoption and the central bank prepares to let banks handle digital assets under tight controls.According to a report by TASS, Deputy Finance Minister Ivan Chebeskov said around 20 million Russians now use cryptocurrencies “for various purposes,” describing them as a reality the government must address rather than resist. TASS reported that Chebeskov argued the state needs to develop domestic infrastructure both to protect users and to secure “economic and technological benefits” for the country.The scale of that adoption was highlighted by new figures TASS…

Key takeaways:Bitcoin’s correlation with Nvidia has surged to 0.75, its highest in a year.Analysts fear such a correlation may result in BTC price dropping by up to 80%.Bitcoin (BTC) and Nvidia stock (NVDA) are now moving more in sync than at any point in the past year. That has some market watchers worried about a looming crash similar to the dot-com bubble era in the late 1990s.Risky AI-on-AI deals pose crypto crash risksBTC’s 52-week correlation with the world’s top chipmaker has climbed to 0.75 as of Friday. It comes in the same week in which both Nvidia and Bitcoin valuations…

A Hyperliquid user operating wallet address 0x0cdC…E955 has lost $21 million worth of crypto to hackers, following a private key breach.Blockchain security specialists at PeckShield tracked the movement of stolen assets through on-chain analysis, revealing that the attackers quickly moved to transfer the compromised funds to the Ethereum network. The stolen haul included approximately 17.75 million DAI tokens and 3.11 million MSYRUPUSDP tokens.PeckShield’s investigation included visual evidence in the form of screenshots that map out various wallet addresses implicated in the theft.The data shows a clear trail of stolen tokens being systematically transferred and redistributed through Monero dark pool. This…

Artificial Intelligence (AI) is increasingly becoming a pivotal component in the world of crypto trading, offering traders enhanced decision-making capabilities through advanced machine learning and statistical models. According to blog.bitfinex.com, AI tools are transforming the landscape by enabling faster pattern recognition, signal generation, and sometimes even automated execution. AI Trading Tools: Functionality and Integration AI trading tools serve a multitude of functions, ranging from real-time market scanners to sentiment analysis platforms and backtesting environments. These tools are designed to assist traders in screening opportunities, validating strategies, and automating routine tasks, all while maintaining human oversight for risk management. The effectiveness…

Several recent token launches have seen dramatic drawdowns, bringing to token generation event (TGE) meta into question ahead a number of high profile airdrops.CAMP, the native token of an AI-focused layer 1 blockchain, is now down by 88% since it was introduced last month, while DoubleZero’s 2Z has lost 60% of its value in just eight days.There were also notable losses for Anoma’s XAN, down by 60% in a week. XPL, arguably one of the most hyped projects of the year, slumped below its TGE price on Friday amid a wave of negative sentiment around alleged founding team token sale,…

Key takeaways: Over $2.4 billion was stolen in the first half of 2025, already surpassing 2024’s total.Everyday traps such as phishing, toxic approvals and fake “support” cause more damage than exotic exploits.Strong 2FA, careful signing, hot/cold wallet separation and clean devices dramatically reduce risk.Having a recovery plan — with revocation tools, support contacts and reporting portals — can turn a mistake into a setback instead of a disaster.Crypto hacks are still on the rise. In the first half of 2025 alone, security firms recorded more than $2.4 billion stolen across more than 300 incidents, already exceeding 2024’s total thefts.One major breach,…

A group of banks is in the process of exploring the launch of stablecoins focused on some of the world’s biggest fiat currencies, including the US dollar, euro and Japanese yen.According to a Friday statement from BNP Paribas, banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi said that they had launched a project to explore the “issuance of a 1:1 reserve-backed form of digital money that provides a stable payment asset available on public blockchains” linked to currencies from the Group of Seven (G7) countries: the United States, Canada, the United Kingdom, France, Germany, Italy and Japan.…