HYPE nears record; ICE eyes US perps
$HYPE rose about 20% as @ICE_Markets and @TradeXYZ proposed regulated U.S. perpetual futures based on @HyperliquidX, pending approval. #Update #Derivatives $HYPE
Crypto News
General category for all types of news related to the cryptocurrency world.
Utah charges Kalshi, founders over sports bets
Utah charged @Kalshi and its co-founders with 14 criminal counts over sports bets placed from the state, escalating a fight over whether state gambling laws apply to prediction markets. #Breaking #Legal
Canton plans tokenized stock trading Nov. 2
@CantonStrategic plans to tokenize its Nasdaq-listed shares on @CantonNetwork, with trading expected as soon as Nov. 2. The shares would retain shareholder rights and trade around the clock with immediate settlement. #Update #TokenizedStocks
HYPE Jumps; ICE Eyes US Perpetuals
$HYPE rose 13% after Intercontinental Exchange (@ICE_Markets) agreed to operate @tradexyz’s planned U.S. perpetual futures markets. The product still needs regulatory approval and has no launch date. #Update #Crypto
Kalshi raises $1B at $40B valuation
@Kalshi closed a $1 billion funding round at a $40 billion valuation and said its non-sports markets now generate over $1 billion in annualized revenue. #Update #Funding
Boyle Corresponded With SBF for The Altruists
Anthony Boyle says he questioned Sam Bankman-Fried in prison to prepare for @Netflix’s The Altruists, a series about @FTX’s collapse and his relationship with Caroline Ellison. #Update #Entertainment
Walmart Blocks Stock From OKX-ICE Tokenized Trading
@Walmart, @EliLilly, @Cigna, @CarnivalCruise and @ArcosDorados objected to tokenized trading of their shares on the planned @OKX-ICE venue, bringing the total to 38. Their objections bar third-party listings there. #Update #TokenizedStocks
French Senate adopts crypto tax data-sharing bill
France’s Senate passed a bill to let tax authorities automatically share crypto transaction data with foreign counterparts. It now goes to the National Assembly. #Update #CryptoTax
Kalshi Valued at $40B After $1B Raise
@Kalshi raised $1 billion at a $40 billion valuation, Reuters reported, as it expands into Wall Street derivatives markets while facing state challenges to its sports contracts. #Update #PredictionMarkets
Survey: EU investors rank crypto above pensions
A new @okx survey finds crypto ranks above retirement plans for lasting wealth among European respondents, while US respondents favor retirement accounts. Real estate tops both. #Update #Investing
Bank of England seeks views on tokenized clearing collateral
The Bank of England opened a consultation on tokenized collateral for central clearing, saying existing rules permit it if assets meet clearing standards, including under stress. #Update #Tokenization
Brazil’s Halloween-Eve Crypto Deadline Brings Challenges
Brazilian crypto exchanges must apply for Banco Central do Brasil licenses by Friday or stop services within 30 days. High compliance costs and unanswered questions remain. #Update #Regulation @BancoCentralBR
Walmart, Eli Lilly Object to OKXICE Platform
@Walmart, @EliLilly and three others objected to @OKXICE’s tokenized-stock plan, bringing opposition to 38 of 63 targeted companies and narrowing its potential launch lineup. #Update #TokenizedStocks
Survey: 19% deem US financial system safe
A @fund_defi survey finds 19% of Americans consider the U.S. financial system safe, while 63% support upgrades to address new threats, including AI. #Update #Finance