Headlines

Connecticut sues Kalshi over unlicensed sports event contracts

Connecticut has sued Kalshi and asked a court to block the prediction market platform from offering sports event contracts that state officials classify as unlicensed sports wagering. Summary Connecticut has sued Kalshi seeking an injunction against its sports event contracts. State officials argue the contracts amount to unlicensed sports wagering. Kalshi maintains its markets fall…

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Solana proposals could cut $1.5B in SOL issuance

Solana validators and delegators are voting on two economic proposals that could accelerate SOL disinflation and sharply increase transaction-fee burns. Summary SIMD-0550 would double Solana’s annual disinflation rate while preserving the network’s 1.5% terminal floor unchanged. The proposal projects 18.9 million fewer SOL issued across six years after eventual technical activation. SIMD-0553 would burn resource…

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Crypto tax rules may miss 86% of $457B in onchain activity, Chainalysis says

Chainalysis has estimated that potentially taxable onchain crypto activity exceeded $457 billion worldwide in 2025, while transactions within the practical reach of international reporting rules represented only 14% of the total. Summary Potentially taxable onchain crypto activity exceeded $457 billion globally during 2025. CARF-covered transactions represented only 14% of the activity identified by Chainalysis. The…

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What Fueled the Pump and What’s Next?

The token’s price hit a new all-time high. The cryptocurrency market appears to have taken a small step back today (August 26) after the explosion in the past several days, with Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many other digital assets posting minor losses. However, this is not the case for Rain (RAIN),…

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US government moves Bitcoin seized from Alameda

The U.S. government has transferred a small amount of Bitcoin seized from Alameda Research’s Binance.US accounts three years ago, renewing attention on how federal agencies will handle the remaining assets. Summary The transferred Bitcoin came from Alameda-linked accounts seized from Binance.US three years ago. Arkham reported the transaction but did not identify it as a…

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