Key Takeaways
Revolut’s alleged attackers switched from BTC to XMR, in search of roughly $3 million for stolen information.Kalshi’s roughly 80% U.S. quantity share reveals prediction-market exercise is focused on 1 platform.Payward’s deliberate integration may give Hyperliquid entry to six million Kraken accounts.
WEEK IN REVIEW
7 Democratic Senators Vow to Hold Pushing CLARITY Act After Setback
A bunch of Democratic senators says the failed Senate vote on the CLARITY Act is not going to finish efforts to determine a federal framework for cryptocurrency markets.
Editor’s remark:
The failure of CLARITY to cross looks as if a delay of the inevitable. As Jeremy Allaire mentioned on CNBC, GENIUS additionally failed cloture earlier than passing weeks later. “We don’t actually know what’s gonna occur right here,” he added.
Tom Lee Sees Bullish 12 Months as Wall Road Embraces Crypto
Bitmine Chairman Tom Lee expects crypto to enter a robust 12-month interval as Wall Road embraces blockchain, leverage returns and…
Editor’s remark:
Lee has been saying some model of this mainly each quarter for the final a number of years, and he’s normally proper. He notes that “in no different period for the final 15 years of the historical past of blockchain has the monetary system truly seen it as a software…Now it does.”
Kraken Mother or father Payward to Launch US Onchain Perpetuals
Payward plans to launch the primary regulated U.S. onchain perpetual futures markets utilizing the Hyperliquid protocol.
Editor’s remark:
That is undoubtedly bullish for HYPE. This integration may give Hyperliquid entry to six million accounts and $100 billion in month-to-month quantity that flows on Kraken’s rails.
The Attackers Who Deceived Revolut Now Demand 6,000 XMR
The attackers claiming to be behind the Revolut breach have dropped the sooner bitcoin demand and at the moment are asking for six,000 XMR, roughly $3 million…
Editor’s remark:
It begs the query: What’s so unhealthy about receiving a BTC fee? Clearly, privateness is one thing the Bitcoin ecosystem needs and must develop, however has confirmed to be inherently troublesome. It’s additionally price asking why the hackers most well-liked XMR over ZEC.
Kalshi Hits $40B+ Quantity and 80% of US Prediction Market
Kalshi now strikes $40B+ in month-to-month quantity whereas dealing with roughly 80% of U.S. prediction market quantity.
Editor’s remark:
Whereas Polymarket takes a worldwide method to its goal prospects, Kalshi is positioning itself because the premier American prediction market platform. The sky seems to be the restrict on this business, because the numbers simply maintain getting increasingly huge.
