Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B
The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.
Canton Foundation grants RedStone 15.8M Canton Coin for pricing standard
RedStone’s planned pricing tool will let institutions on Canton use shared market prices without exposing deal terms to data providers.
Bank of England opens consultation on tokenized collateral for clearing
Central counterparties would need to show tokenized collateral meets liquidity and risk tests under proposed Bank of England guidance.
Coinbase seeks Brazil crypto license, expects no service disruption
Coinbase has applied for authorization ahead of Brazil’s Oct. 30 deadline and says it expects to maintain existing services while regulators review its application.
EU investors rank crypto above retirement plans for lasting wealth creation: OKX survey
European investors ranked crypto above retirement plans for lasting wealth creation, while prior surveys show US investors are skeptical on crypto’s role in retirement accounts.
HTX agrees to halt unlawful UK crypto promotions after FCA case
HTX has pledged to stop crypto marketing in the UK until October 2031, with deposits and new account registrations already blocked there.
Unlimit founder backs Phase blockchain with $45M as mainnet launches
Phase’s new network lets smartphone owners earn tokens for validating transactions and sharing internet connections with AI agents.
Chainalysis traces North Korean crypto cash-outs through Garantex
The analysis followed US sanctions against 10 people and one entity accused of helping North Korean IT worker schemes fund weapons programs.
Bitcoin long-term resistance in focus as analysis sees selling risk above $85K
BTC price analysis from Glassnode drew attention to $85,000 as the lower boundary of a cost-basis zone for long-term holders.
ECB President Christine Lagarde to step down in February 2027
Lagarde announced plans to step down as European Central Bank President after serving more than seven years in the role.