Two key positions in U.S. crypto oversight are moving forward in the Senate this week as the chamber establishes a list of dozens of nominees it will consider for confirmation at the same time, including Mike Selig as chairman of the Commodity Futures Trading Commission and Travis Hill as chairman of the Federal Deposit Insurance […]
Polymarket has launched a mobile app in the United States, giving users a new way to bet on sporting events using real money under federal oversight, the company announced Wednesday. The application, currently available for iOS, opens access to users on an ongoing basis via a waiting list system. Android support is expected soon, the
Polymarket launches application with CFTC green light to return to the United States Read More »
Solana Mobile released new details on Wednesday about SKR, the next native token in its Seeker smartphone ecosystem. The company said SKR will launch in January 2026 and will form the economic and governance backbone of its decentralized mobile platform. According to an article on X by Solana Mobile, SKR will have a fixed total
Solana Mobile will launch the SKR token early next year Read More »
Chainlink’s native token LINK rose 7% in the past 24 hours on Wednesday, outpacing the broader crypto market as traders reacted to the debut of the first U.S.-listed spot Chainlink ETF. The Grayscale Chainlink Trust ETF (GLNK), converted from a closed-end fund and traded on NYSE Arca, generated $37 million in net inflows on its
7% surge as Grayscale ETF (GLNK) sees $37M inflow on first day Read More »
The state of Connecticut launched a legal salvo against sporting event contracts with a trio of cease and desist orders sent Wednesday to major prediction market operations – Robinhood, Kalshi and Crypto.com. The state Department of Consumer Protection accused the companies of “conducting unlicensed online gambling, specifically sports betting.” Each of the companies is “hereby
Connecticut orders Kalshi, Robinhood and Crypto.com to cease sports betting Read More »
Fanatics is expanding beyond jerseys and collectibles into the world of real money prediction markets. The sports retailer announced Tuesday that it will launch its new platform, Fanatics Markets, in 24 U.S. states in phases over the coming days. The app, now available in 10 states and coming soon to major markets like California, Texas,
Polymarket and Kalshi get a new competitor in Fanatics Read More »
Bitcoin BTC$93,225.23 closely follows the difficulty regression model, according to checkonchain. This model estimates the overall production cost of maintaining the network. The model treats mining difficulty as a distilled measure of mining price, as it incorporates all major operational variables into a single figure. This provides an industry-wide estimate of the average cost of
Fair value stands at nearly $92.3,000 Read More »
Coinbase (COIN) is partnering with some of the largest banks in the United States on pilot programs involving stablecoins, custody and trading of cryptocurrencies, CEO Brian Armstrong said Wednesday at the New York Times DealBook Summit. “The top banks see this as an opportunity,” Armstrong said in a discussion alongside BlackRock CEO Larry Fink. He
Coinbase (COIN) Brian Armstrong urges Wall Street not to get left behind Read More »
Welcome to The Protocol, CoinDesk’s weekly roundup of the most important stories in cryptocurrency technology development. My name is Margaux Nijkerk, journalist at CoinDesk. In this issue: Ethereum Developer Preparation for Fusaka, Second Upgrade of 2025 Anthropogenic Research Shows AI Agents Getting Closer to True DeFi Attack Capability Ethereum Developers Push ZK ‘Secret Santa’ System
Ethereum prepares for the next Fusaka upgrade Read More »
Filecoin climbed 2% to $1.57 over the past 24 hours, posting modest gains that followed broader movements in the cryptocurrency market. The broader market gauge, the CoinDesk 20 Index, rose 1.6%. The token’s volume remained subdued at just 9.7% above the seven-day average, according to CoinDesk Research’s technical analysis model. The price action showed Filecoin’s
Filecoin (FIL) rises 2.2% as crypto markets recover Read More »
