The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.
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Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.
Sun plans to refile his token-freeze lawsuit in California state court after the sanctions motion is resolved. A hearing is set for Dec. 10.
Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure.
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps.
Democrats will take control of House committees in January 2027, giving them power to investigate President Donald Trump’s administration.
Bitcoin price downside reached a seven-week-low of $75,618 as 24-hour crypto long liquidations neared $300 million.
