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.…
Why Switzerland’s first genuine spot bitcoin ETF could soon attract overseas banks and brokers
SIX Swiss Exchange confirms international access, while FINMA explains why it approved the fund and whether ether and solana ETFs could follow. Source:CoinDesk
Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner
The service uses perpetual futures quotes to update reference prices when traditional markets close. Source:CoinDesk
Walmart, Eli Lilly join growing pushback against OKX–ICE tokenized stock plans
Five more companies have objected, bringing the total to 38 as a rival Canton venue prepares to launch with an issuersponsored stock under the SEC's innovation…
Brazil’s Halloween eve crypto deadline brings more tricks than treats
Brazil’s crypto exchanges face an application deadline on Friday, with costly requirements and unanswered regulatory questions complicating compliance.…
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.…
Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.
Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central…
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. Source:Cointelegraph
It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.
America has always been a jobcreating machine. It has broken down for three straight years, and the implications could be with us for a long time.…
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…
You can’t rely on the S&P 500 as much as you may think
The index’s weakness may surprise a generation of investors raised on the cult of “stocks always go up.” Source:MarketWatch
Lilly raises outlook for third time this year as Zepbound sales soar
The GLP1 drug continues to dominate the market for prescription weightloss drugs in the U.S. Source:MarketWatch