Coinbase Open To More Acquisitions After $2.9B Deribit Deal Closes, CEO Says
Coinbase may not be finished shopping after its Deribit acquisition. The exchange’s chief executive has signalled that the company remains open to further deals as it tries to deepen its reach in crypto derivatives and expand beyond its core US spot-trading base. TL;DR Coinbase has closed its $2.9 billion Deribit acquisition, strengthening its crypto derivatives…
DeFi Total Value Locked Plunges 39% In 2026 As Yields Cool Down
Decentralized finance is going through a reset after another stretch of shrinking liquidity. Aggregate DeFi total value locked has reportedly fallen sharply in 2026, pulling the sector back toward levels that reflect cooler yields, lower risk appetite, and a less forgiving market backdrop. TL;DR DeFi TVL has reportedly fallen around 39% in 2026, bottoming near…
CFTC Sues Kentucky To Shield Kalshi And Polymarket Event Contracts
The regulatory fight over prediction markets has moved into another federal courtroom, with the Commodity Futures Trading Commission suing Kentucky officials in a case that could shape how event contracts are treated across the United States. TL;DR The CFTC has reportedly sued Kentucky regulators over enforcement actions tied to Kalshi and Polymarket. The agency is…
Bitcoin ETP Flows Turn Negative For First Time Since 2023, K33 Reports
Institutional Bitcoin demand is showing fresh signs of fatigue, with K33 Research reportedly flagging a record drawdown in global Bitcoin ETP holdings and rolling one-year flows turning negative for the first time since 2023. TL;DR K33 Research reportedly says global Bitcoin ETP holdings are down 8% from their peak. Rolling one-year flows have turned negative…
Congress Sends Anti-CBDC Housing Bill To Trump After House Vote
TL;DR The House passed the 21st Century ROAD to Housing Act after earlier Senate approval. Crypto-focused provisions would restrict federal CBDC development until 2030. The bill now heads to President Trump after rare bipartisan support. Anti-CBDC Language Moves To The President Congress has sent the 21st Century ROAD to Housing Act to President Trump after…
0x Opens Swap API To AI Agents With USDC Pay-Per-Request Model
TL;DR 0x is opening Swap API access to AI agents through a pay-per-request model. The setup uses USDC and the HTTP 402 payment concept to remove traditional API keys and subscriptions. The move shows how crypto payments may become invisible infrastructure for autonomous software. AI Agents Get A DeFi Payment Rail 0x Protocol is opening…
Toss Bank Tests Solana Stablecoin Rails For Overseas Transfers
TL;DR South Korea’s Toss Bank is testing Solana-based remittance and settlement infrastructure. The proof of concept points to stablecoins becoming a practical bank payment rail. The project matters because Toss Bank serves a large mainstream user base rather than only crypto-native customers. Solana Gets A Bank Remittance Test Toss Bank is testing Solana-based infrastructure for…
Cboe Brings Prediction-Style Trading To Wall Street With Yes-Or-No S&P 500 Contracts
TL;DR Cboe has launched prediction-style contracts tied to the Mini-S&P 500 Index. The yes-or-no structure mirrors the simplicity that helped prediction markets gain retail attention. The move shows legacy exchanges are moving into event-style trading as crypto-native markets grow. Cboe Enters The Yes-Or-No Trade Cboe is bringing prediction-style trading deeper into traditional markets with yes-or-no…
BlackRock Says 1% To 2% Bitcoin Allocation Is Reasonable For Traditional Portfolios
TL;DR BlackRock says a 1% to 2% Bitcoin allocation can be reasonable in a multi-asset portfolio. The guidance frames Bitcoin as a high-volatility diversifier rather than a core portfolio anchor. The note shows how spot Bitcoin products are being translated into traditional wealth-management language. Bitcoin Gets Portfolio Math Treatment BlackRock has put a clear number…
Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight
TL;DR Meta is reportedly building a standalone prediction market app internally called Arena. The product is expected to start with points rather than real-money wagering. The move pushes the prediction-market model further into mainstream tech, even as regulators keep watching the sector. Meta Moves Toward Event Trading Meta is reportedly working on a standalone prediction…