Kalshi taps Solana platform for Wall Street-style high-speed data feed

SummaryKalshi‘s order book is adding Solana-based DoubleZero’s low-latency market data feed to meet institutional demand.The DoubleZero Foundation described DoubleZeroEdge as a transport layer, sending live exchange and onchain data over dedicated fiber, distributing it simultaneously to all connected traders.The model has underpinned traditional financial exchanges, including NYSE, Nasdaq and the CME, for decades, the foundation said.  The growing presence of financial institutions in cryptocurrency brings with it increasing demand for Wall-Street style systems in digital asset markets, such as servers that offer split-second advantages when executing trades.  Kalshi is looking to meet that demand by adding Solana-based DoubleZeros low-latency market data feed to its prediction market order book.  The DoubleZero Foundation said this will provide trading firms with a machine-readable view of a prediction market for pricing, hedging and signal generation on Solana, one of the major layer-1 blockchains.  The foundation described DoubleZeroEdge as a transport layer, sending live exchange and onchain data over dedicated fiber, publishing the data and distributing it simultaneously to all connected traders.  In traditional finance (TradFi), institutions use specialized networks to access data at high speed, whereas in crypto, traders still largely rely on the internet. DoubleZero attempts to address that through a bespoke onchain system.  “This is the same distribution

2 دن پہلےانڈسٹری

El Salvador‘s Bitcoin experiment turns 5: ’It was for us, not them

Its been five years since El Salvador became the first country to adopt Bitcoin as legal tender.  President Nayib Bukele announced the plan at the Bitcoin conference in Miami on June 5, 2021, to the jubilant cries and applause of the Bitcoin community, who hailed the tiny Central American nation as living proof that BTC could be sovereign money.  Bukele sold the experiment as a way to bank the unbanked, slash remittance costs, and attract investment to the impoverished nation.  But five years on, who did the experiment benefit, and what did it actually achieve?  Dr. Tobias Boos, a senior scientist at the University of Vienna who leads a research project examining the political economy of Bitcoin in El Salvador, tells Magazine:  “There is little doubt that the project was a failure if we take seriously the reasons Bukele gave for its adoption. Foreign direct investment in this sector didnt increase, it did not effectively bank the unbanked, and it is not widely used for remittances.”  Yet El Salvadors Bitcoin bet undeniably changed the conversation around the worlds number-one cryptocurrency, and turned nation-state adoption from a theoretical possibility into a living, breathing reality. Whether it succeeded or failed depends on what you think El Salvador was

2 دن پہلےانڈسٹری

HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin

Anchorpoint Financial, a Hong Kong-licensed stablecoin issuer, has added HashKey Exchange as an authorized distributor for its Hong Kong dollar stablecoin, HKDAP, potentially expanding access to the fiat-backed asset as Hong Kongs regulated stablecoin market takes shape.  The companies announced on Tuesday that the arrangement is part of a beta rollout allowing eligible institutions and professional investors to access the stablecoin through HashKey and other supported channels. HashKey said it has already completed its first HKDAP minting and redemption transaction with eligible clients, including fiat on- and off-ramping.  The companies said they plan to expand distribution over time and explore additional uses for HKDAP, including cross-border payments, settlement and tokenized finance.  HKDAP, short for “HKD At Par,” is a regulated Hong Kong dollar stablecoin designed to function as tokenized money for payments and other financial transactions. Anchorpoint is a joint venture established by Standard Chartered Bank (Hong Kong), HKT and Animoca Brands, and was among the first companies to receive a stablecoin issuer license from the Hong Kong Monetary Authority.  As Cointelegraph reported, Anchorpoint was established in April 2025, two months after Standard Chartered and Animoca announced plans to launch a Hong Kong dollar-backed stablecoin.  Related: Circle expands USDC to OKX ecosystem with X Layer

2 دن پہلےانڈسٹری

FlightAware drops Kalshi lawsuit one day after filing

Just a day after real-time flight tracking website FlightAware filed a lawsuit against prediction markets platform Kalshi over use of its name and data, the flight data company gave notice of voluntary dismissal of the case.  In a Tuesday filing in the US District Court for the Southern District of New York, attorneys for FlightAware said that they had voluntarily dismissed the case against Kalshi. The flight tracking company had filed the lawsuit a day earlier, claiming that Kalshi had used its “data and name to run gambling markets on flight cancellations.”  While the immediate turnaround could suggest a closed-door settlement, neither company had publicly commented on the case as of Wednesday. On Tuesday, a judge ordered Kalshi to show cause why the court should not issue a temporary restraining order over FlightAwares trademark and data.  Notably, at least one event contract showed that Kalshi had changed its language from “FlightAware” to “Primary Source Agency” as the entity responsible for verifying data related to the outcome of flight cancellations, including that the trade did not “indicate an endorsement of this product or any affiliation” between FlightAware and Kalshi. Primary Source Agency linked to FlightAwares website. Cointelegraph reached out to the companies for comment

2 دن پہلےانڈسٹری

Fidelity Files to Let Its Ethereum ETF Stake and Pay Investors

In briefFidelity filed a pre-effective amendment on Aug. 11 to let its spot Ethereum ETF, FETH, stake the Ethereum it holds.The fund would stake up to 100% of its holdings and pay rewards to investors as quarterly cash distributions.It follows Grayscale and BlackRock, which moved first after a Treasury and IRS safe harbor cleared the path.  Fidelity has asked the SEC for permission to turn its spot Ethereum ETF into a yield-bearing product. The Boston asset manager filed a pre-effective amendment to its registration statement on Aug. 11, adding disclosure that the Fidelity Ethereum Fund (FETH) will stake the ETH it holds.  The change would rewrite the funds stated objective. FETH currently tracks the Fidelity Ethereum Reference Rate, adjusted for fees. With staking, its goal becomes that index plus an amount based on staking rewards. The filing says the trust is expected to outperform the index before expenses.  Myriad: Ethereum next price move? Click the image to make your prediction.  Staking is how Ethereum secures its network: holders lock up Ethereum, which trades as ETH, to help validate transactions and earn new tokens in return. Fidelity would route its ETH through custodians, including Anchorage Digital, BitGo, and Fidelity Digital Assets, to one or more

2 دن پہلےانڈسٹری

Goldman Sachs to gain bitcoin and ETH income ETFs in up to $2.25 billion Neos acquisition

Quick TakeGoldman Sachs has agreed to acquire Neos Investments for up to $2.25 billion, a deal that will give the traditional finance giant three crypto income ETFs.Neos offers the Bitcoin High Income ETF, Boosted Bitcoin High Income ETF and Ethereum High Income ETF.The deal is expected to close in the first quarter of 2027.  Goldman Sachs is set to add three crypto options-income ETFs to its asset management business through the Neos Investments deal it announced Wednesday.  Goldman has agreed to acquire Neos for up to $2.25 billion in cash and equity, subject to certain performance and service commitments. The deal would bring the Neos Bitcoin High Income ETF (BTCI), Boosted Bitcoin High Income ETF (XBCI) and Ethereum High Income ETF (NEHI) under Goldman Sachs Asset Management.  The transaction is expected to close in the first quarter of 2027, subject to regulatory approval and other customary conditions.  Neos, founded in 2022, manages over $30 billion across 19 options-based income ETFs, according to its website. Its funds use options to generate monthly income while offering exposure to assets ranging from U.S. stock indexes to bitcoin, ether and gold.  “As investor demand for active ETFs grows, NEOS disciplined investment approach is highly complementary to our capabilities across

2 دن پہلےانڈسٹری

Norway wealth fund posts record $184B profit, reveals SpaceX stake

Norways sovereign wealth fund has earned a record 1.75 trillion kroner, or about $184.3 billion, in the first half of 2026 while disclosing a $1.22 billion investment in SpaceX for the first time.  SummaryNorways sovereign wealth fund generated a 9.4% returnduring the first six months of 2026.Asian technology stocks helped lift first-half profit to a record 1.75 trillion kroner.The fund owned a 0.05% SpaceX stake worth $1.22 billionas of June 30.Its 10 largest investments now account for about 20% of the total portfolio.  Asian technology stocks drove the record profit  Norges Bank Investment Management reported on Aug. 12 that the Government Pension Fund Global produced a 9.4% investment return during the first half of 2026, taking its profit to 1.75 trillion Norwegian kroner.  $SPCX: Norways $2.3 trillion sovereign wealth fund disclosed it holds a stake in SpaceX, valued at around $1.2 billion.  The result surpassed the previous first-half record of 1.5 trillion kroner, set in 2023. Gains across global equity markets supplied much of the return, with Asian technology companies making an especially strong contribution.  “The result is driven by good returns in the equity market, particularly from Asian technology stocks,” NBIM CEO Nicolai Tangen said.  You might also like:  SpaceX stock rallies 14% as lockup fears fade  After

2 دن پہلےانڈسٹری

Bank of Montreal Discloses XRP Holdings in $303 Billion Portfolio

Canadas second-largest bank, Bank of Montreal (BMO), has disclosed positions in XRP-focused financial vehicles. The information appears in its latest quarterly Form 13F-HR filing submitted to the U.S. Securities and Exchange Commission (SEC).  The new filing officially confirms the presence of XRP within BMOs massive investment portfolio, whose total value exceeded $303 billion at the end of June 2026. Specifically, the banks reportable positions include 323 shares of the Rex Osprey XRP ETF and 20 shares of the ProShares Ultra XRP ETF.  Text file showing XRP ETF from Rex Osprey on Bank of Montreals balance sheet, Source: Form 13F-HR filing  The bank did not purchase tokens directly on exchanges. Instead, it used regulated U.S. infrastructure in the form of spot and derivatives-based ETF products, allowing it to integrate the volatile token into a giant portfolio within a familiar legal framework and without direct custody risks.  For Canadas banking sector, this is becoming a systemic trend. Earlier in the same reporting period, National Bank of Canada disclosed a holding of 3,848 shares in the Bitwise XRP ETF, worth approximately $330,000.  Conservative capital has effectively developed a single playbook: entering the cryptocurrency market selectively and through transparent funds.  Trade Crypto Assets  New force behind institutional XRP accumulation  At the same

2 دن پہلےانڈسٹری

Bitcoiner Mow Says BIP-110 Uproar Could Have Been Avoided

Bitcoin entrepreneur Samson Mow has argued that the growth of the BIP-110 movement was in large part a reaction to decisions and behavior within the Bitcoin Core ecosystem.  Crypto Price Analysis  Mows comments came after a series of exchanges on X involving analyst Michael Sullivan, Bitcoin Core developer Antoine Poinsot and Blockstream co-founder Adam Back.  “This entire mess could have been avoided”  Mows response to Poinsot was rather direct. “If you dont take responsibility for your own hand in directly spawning the BIP-110 movement, it will just happen again,” he said.  He claims that the opposing camps attacks helped produce the backlash it subsequently received. “Your ‘side’ was just as nasty in its attacks, especially given you and other Core devs close association with angry vitriol-spewing people like Brian from Bitcoin Magazine,” he said.  Mow then argued that the reaction should have been predictable. “Did you really not expect that anger and vitriol to be returned tenfold?” he asked.  card  Several controversies compounded the problem, including what he described as the “Zhao/Newberry improprieties” and “a long list of other clumsy, guilty-looking missteps,” he said.  Mow also rejected the characterization of his own earlier criticism as defamatory. “All I did was hint at structural problems within Core, problems Jon Atack

2 دن پہلےانڈسٹری

Bitcoin reclaims $64K as analysts assess what 3.4% CPI means for Fed policy

Bitcoin reclaimed $64,000 after U.S. inflation eased to 3.4% in July, while market leaders said the in-line reading left the Federal Reserves policy outlook largely unchanged.  The U.S. Bureau of Labor Statistics reported on Aug. 12 that the Consumer Price Index rose 0.1% month over month in July and 3.4% from a year earlier. Both readings matched market expectations.  Core CPI, which removes volatile food and energy prices, increased 0.2% during the month and 2.5% annually. The yearly core rate slowed from 2.6% in June, while headline inflation eased from 3.5%.  Bitcoin rebounds after in-line CPI report  Bitcoin (BTC) rose to around $64,100 following the release, recovering from an intraday low near $63,400, according to data from crypto.news.  The move offered some relief after uncertainty over the U.S.-Iran conflict and the Strait of Hormuz pressured crypto and other risk assets. Renewed disruption to energy supplies could lift oil prices and complicate the inflation outlook, limiting the market‘s response to July’s softer figures.  Gadi Chait, investment manager at Xapo Bank, told crypto.news that Bitcoins reaction to inflation data largely depends on how the figures affect expected interest rates and financial conditions.  “Fundamentally, Bitcoin is a liquidity-sensitive asset. Historically, it has performed strongly when liquidity is abundant, and interest

2 دن پہلےانڈسٹری
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