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Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans

Crypto Market Analysis

Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastruc...

SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia
SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

Blockchain

The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network....

Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
Ethena looks beyond crypto to squeeze yield from booming equity perpetuals

Crypto Market Analysis

The issuer of the $4 billion USDe token said it expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 month...

The Clarity Act slipped to September. Banks are building anyway
The Clarity Act slipped to September. Banks are building anyway

Crypto Market Analysis

But every month without settled rules quietly rewards the walled garden, writes Matter Labs’ Vassilis Tziokas.Source: CoinDesk...

Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation

Crypto Market Analysis

Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on...

BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout

Trading Strategies

The deal to buy NYDIG IF Holdings comprises $7 million in cash and around $35.5 million in stock, as well as the $15 earnout.Source: CoinDesk...

Kalshi takes legal blow in court ruling confirming state powers over prediction markets
Kalshi takes legal blow in court ruling confirming state powers over prediction markets

Crypto Market Analysis

This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle t...

Solana validators approve proposal to accelerate SOL disinflation
Solana validators approve proposal to accelerate SOL disinflation

Solana

The approved proposal doubles Solana’s annual disinflation rate from 15% to 30%, reducing future SOL issuance while leaving its long-term inflation ...

Solana vote to double disinflation passes by a hair in dramatic finish
Solana vote to double disinflation passes by a hair in dramatic finish

Solana

Solana's first network-wide vote went down to the wire, with Kraken and Galaxy-linked validators switching sides before the disinflation proposal narr...