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Tech

Solana Mobile to Launch SKR Token in January With 10B Supply

Distribution is designed to go to the ecosystem, With 30% to airdrops, 25% to growth initiatives, and 10% for liquidity and launch support.

Solana Mobile's second generation phone Seeker (Solana Mobile)

Markets

Polymarket Launches App With CFTC Green Light in U.S. Return

Armed with CFTC approval, Polymarket has launched its mobile platform for sports and proposition markets under federal oversight.

Polymarket takes $600K in bets on NFL season Opener (Andrej Lisakov/Unsplash +)

Tech

Ethereum's 'Fusaka' Upgrade Cements Network's Role as On-Chain Finance Settlement Layer: Bitwise

The upgrade will boost throughput, keep validators efficient and, most importantly, strengthen Ethereum's value capture by putting a floor under blob fees.

Ethereum Logo (Midjourney / Modified by CoinDesk)

Tech

Firelight Introduces XRP Staking for DeFi Insurance Layer Against Exploits

The new protocol, developed by Sentora and Flare Network, aims to combine XRP yield opportunity with offering protection against DeFi hacks.

XRP Logo

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Finance

Ostium Raises $20M Series A Led by General Catalyst, Jump Crypto to Put TradFi Perps Onchain

Built on Arbitrum, the perpetuals protocol has processed $25 billion in trading volume by offering self-custodial bets on gold, FX and other real-world markets.

Trading screens at sunset (sergeitokmakov/Pixabay/Modified by CoinDesk)

Finance

Kalshi’s Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire

A recent $1 billion funding round led by Paradigm puts Kalshi co-founders Luana Lopes Lara and Tarek Mansour on the billionaire list.

Kalshi co-founders Luana Lopes Lara and Tarek Mansour (Kalshi)

Markets

S&P's Tether Downgrade Revives 'De-pegging' Risk Warning, HSBC Says

The rating agency's Tether downgrade flags redemption risk, potentially nudging institutions to higher-rated stablecoins and tokenized deposits.

Tether (CoinDesk)

Markets

IREN Investors Mull Outlook After $3.6B Capital Raise as Jim Cramer Says 'Sell'

The bitcoin miner turned AI compute provider tumbled on Tuesday and is now down nearly 50% over the past month.

CoinDesk

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Finance

Sony’s Blockchain Partner Startale Launches Dollar Stablecoin on Soneium

The Startale USD token, developed with M0, aims to power payments and rewards across the electronics giant Sony's Web3 ecosystem.

Sony (CoinDesk Archives)

Markets

Stable, Theo Anchor $100M+ in Libeara-Backed Tokenized Treasury Fund ‘ULTRA’

Stable and Theo committed over $100 million to ULTRA, a tokenized U.S. Treasury fund managed by FundBridge Capital and Wellington Management.

Art installation reminiscent of digital ecosystems