Key Takeaways KSA is collecting €420,000 (~$487,000) from Polymarket’s operator for halting Dutch service a day late. Only one week’s penalty was forfeited, not the €840,000 max, and Polymarket has filed an objection. The move further highlights Europe’s rift with the US, where prediction markets are seen as financial products. How a single day cost…
Key Takeaways Kevin Warsh’s Fed held rates at 3.5%-3.75% in a unanimous 12-0 vote. CPI hit 4.2% in May as energy prices lifted pressure on U.S. households. The New York Fed kept $160B RRP limits as markets await July CPI data. Fed Holds Rates as CPI Reheats The Federal Open Market Committee (FOMC) voted 12-0…
Key Takeaways SpaceX could join major indexes within weeks of its Nasdaq debut. Only about 8% of SpaceX shares are currently tradeable, limiting initial index weightings. Broader index exposure could build well before SpaceX becomes eligible for the S&P 500. Fast-Entry Rules Could Put SpaceX Into Millions of Investor Portfolios Millions of investors may soon…
Key Takeaways Polymarket’s World Cup winner market has logged $2.54 billion in total volume, with France leading at 18% odds. Kalshi places France at 19.2% and Portugal third at 11%, with $333.7 million traded on that platform alone. Portugal opens at 77 cents against DR Congo today in the week’s highest- volume single match at…
Key Takeaways CZ praised Hyperliquid on the Galaxy Brains podcast but warned of compliance risks tied to no-ID trading. Uniswap head Hayden Adams said U.S. securities law limits startup investing to existing millionaires, reviving an old debate. The remarks land as Hyperliquid trades at record HYPE prices and DeFi presses for clearer U.S. rules. CZ:…
Key Takeaways Kalshi’s perpetual futures cleared $5.5 billion in two weeks, up from $1 billion in week one. The CFTC approved Kalshi’s BTCPERP contract on May 29, 2026, opening US perpetuals to regulated venues. Kalshi lists 11 crypto perp contracts and is in talks with regulators to expand into other assets. From $1 Billion to…
Key Takeaways New York Magazine reports SBF, now 34, floated a new token to inmate David Bunevacz while serving 25 years. The disclosure lands as SBF’s June 8 pardon bid and Second Circuit appeal stay unresolved. Any realistic launch window sits near 2044, capping near-term hype around an SBF-branded coin. A Token Pitch From Behind…
Key Takeaways CATL unveiled a 15,000-cycle sodium battery, targeting EVs with up to 600 km range. Wanhua Chemical-backed anodes may cut supply risks and ease battery cost pressures. CATL plans rollout later in 2026; third-party tests will gauge cold-weather claims. At a MIIT-backed showcase, CATL put sodium back in the EV spotlight with cells built…
Globe Fintech Innovations Inc. (Mynt), the parent company of mobile wallet platform GCash, announced on June 17, 2026, that its board of directors and shareholders have approved the filing of a registration statement and listing application for a potential initial public offering (IPO). The company submitted the disclosure to the Philippine Securities and Exchange Commission…
Key Takeaways Ripple will place RLUSD inside Flutterwave’s payment network across African business corridors. Flutterwave’s platform has processed more than $50 billion in transactions across major markets. Companies may expand stablecoin settlement through remittances, local payments, and faster clearing tools. Ripple Brings Its Dollar Stablecoin Into Flutterwave’s Payment Network Ripple is betting that stablecoins can…
