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Kalshi Crosses 22 Billion Valuation — Prediction Markets Are Now Institutional Finance
The number that defines this raise isn’t 1 billion. It′s 22 billion. That’s the valuation Coatue Management and its co-investors assigned to Kalshi in the latest funding round — a figure that nearly doubles the platform’s valuation since November and places a prediction market platform firmly in the territory previously occupied exclusively by major exchanges, clearinghouses, and financial infrastructure giants.…
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Solana Turns Six: How a Blockchain That Broke Repeatedly Became One of the Most Dominant Forces in the Altcoin Market
Six years in, and Solana’s anniversary feels less like a birthday party and more like a medal ceremony for surviving a war. The network has endured nearly every catastrophe a blockchain can face — and not just once, not quietly, but repeatedly and publicly in front of the entire altcoin industry. Multi-hour outages. Nine-figure security breaches.…
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The S&P 500 Just Went On-Chain: Hyperliquid Lands the First Licensed S&P 500 Perpetual Futures Contract in DeFi
Wall Street’s most iconic benchmark just crossed the blockchain border — and it did so with an official license. For the first time in history, the S&P 500 index has been formally licensed for perpetual futures trading on Hyperliquid, the decentralized derivatives exchange that has quietly become one of the most formidable trading venues in the…
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Ripple Plants Its Flag in Brazil: VASP License, Full-Stack Banking Platform, and Three Local Partners Already Live
Ripple isn’t testing the waters in Brazil. It’s building a foundation. The company is actively launching new altcoin and payment services across Latin America’s largest economy while simultaneously pursuing a VASP (Virtual Asset Service Provider) license from Brazil’s Central Bank — the regulatory green light that would allow Ripple to operate at full scale within the country’s regulated…
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BlockFills Collapses Into Bankruptcy: $75 Million Lost, Withdrawals Frozen, and a Lawsuit Alleging Fund Misuse
Another institutional altcoin trading firm just imploded. BlockFills has filed for bankruptcy in a U.S. court after hemorrhaging approximately 50–100 million against liabilities that could reach $500 million — a potential shortfall so severe that creditors may recover only cents on the dollar. And it gets worse. Investment firm Dominion Capital has filed a lawsuit accusing BlockFills of potentially misusing…