Kalshi first prediction market to stream full order books via DoubleZero

Quick TakeKalshi has become the first prediction market to distribute real-time order book data via DoubleZero Edge, a low-latency multicast feed using its dedicated global fiber network.The move gives institutional traders direct access to Level 1 and Level 2 data without having to reconstruct the book from APIs.  Kalshi has become the first prediction market to distribute real-time order book data on DoubleZero Edge, the low-latency market-data feed delivery service running over dedicated fiber, according to an announcement on Wednesday.  The data, being made available for Edge subscribers, will start with full order book depth for the most actively traded contracts in sports events and crypto perpetual futures.  DoubleZero Edge is a transport layer that uses multicast to publish machine-readable data once and deliver it simultaneously to connected traders, an approach also employed by traditional exchanges such as the NYSE, NASDAQ, and CME.  Previously, the announcement claims, firms often had to reconstruct Kalshi book state themselves from API responses.  “Traditional finance got this concept exactly right: data access is a critical part of market structure,” Austin Federa, co-founder of DoubleZero and former comms lead for the Solana Foundation, said. New Finance, like crypto, perps, and prediction markets, has been built without this infrastructure.  Federa notes that

3 دن پہلےانڈسٹری

SHIB Security Alert: Unexpected Wallet Requests Prompt Warning to Shiba Inu Holders

As the focus shifts to wallet security, Shibburn, which tracks Shiba Inu burns in real time, has shared a crucial warning to the Shiba Inu community.  2026 has already witnessed major DeFi exploits, exchange breaches, and a cold storage failure. The Coldcard exploit that swept Bitcoin out of wallets secured by Coldcard hardware devices reinforces that self-custody relocates risk rather than eliminating it.  Amid this, Shibburn reminds the SHIB community that unfamiliar wallet requests should not be treated casually. In an X post, Shibburn warns the SHIB community to exercise caution when interacting with unexpected wallet requests, particularly those asking to approve permissions or sign transactions.  “Unexpected wallet requests deserve caution. Read every permission before signing,” Shibburn wrote in an X post. The reminder highlights a broader security issue facing crypto users: a transaction that appears routine might grant a decentralized application permissions that users may not fully understand.  Crypto Event Calendar  In a separate X post, also addressing wallet security, Shibburn warns SHIB users never to share a seed phrase or private key, as legitimate support teams will not ask for either.  2,604,774 SHIB Burned  According to the Shibburn website, a total of 2,604,774 SHIB has been burned in the last 24 hours; however, the daily

3 دن پہلےانڈسٹری

Bitcoin miners earn under 0.7% of revenue from fees in new 10-year low

Bitcoin (BTC) transaction fees now account for just 0.69% of miner revenue as major players pivot to AI.  Key points:Bitcoin miners now rely on block subsidies more than at any time in the past decade, data shows.Bitcoin hash rate has declined by 33% since October 2025.Analysts warn that miners switching to AI could affect the network.  Bitcoin miner fee revenue share returns to 2016 levels  Data from onchain analytics platform Glassnode shows that fees as a proportion of miner revenue remain near decade lows after falling to just 0.52% in April.  Miners face ongoing pressure as declining Bitcoin prices and rising electricity costs squeeze profits and force smaller players out of the market. Glassnode co-founder Rafael Schultze-Kraft noted that fees had made up less than 1% of miner revenue for almost a year.  “Bitcoin was below $400 the last time fee share was this low,” he said on X.  Bitcoin fees as a portion of miner revenue. Source: Rafael Schultze-Kraft on X.com  When transaction fee revenue drops, miners increasingly depend on the fixed block subsidy for income — the amount of newly minted BTC awarded for each mined block, currently 3.125 BTC. Bitcoin‘s value has fallen nearly 50% since its October 2025 all-time high, dragging down the

3 دن پہلےانڈسٹری

U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000

SummaryHeadline CPI rose 0.1% month over month and 3.4% year over year in July.Core CPI increased 0.2% monthly and 2.5% annually, both matching forecasts.Bitcoin held near $64,000 following the report.  U.S. inflation in July was in line with expectations, leaving expectations for another Federal Reserve rate hike broadly unchanged.  The Consumer Price Index (CPI) rose 0.1% in July from the previous month, compared with economists‘ forecast for a 0.1% increase and June’s 0.4% decline.  On a year-over-year basis, CPI rose 3.4%, in line with forecasts and slightly lower than Junes 3.5% reading.  Core CPI, which excludes food and energy, rose 0.2% month over month in July, compared with forecasts for a 0.2% increase and an unchanged reading in June. On a year-over-year basis, core CPI rose 2.5% as expected by analysts and edging lower from Junes 2.6%.  Bitcoin fell from $64,400 to $64,080 in a knee-jerk reaction before stabilizing, still largely flat over 24 hours. Nasdaq 100 futures traded 0.7% higher.  Treasury yields remained under pressure, maintaining pre-CPI weakness. The two-year hovered at 4.19%, down 3.6 basis points on the day, and the 10-year yield stood at 4.66%, also down three basis points.  Already a key data point for markets, Julys CPI report took on added importance

3 دن پہلےانڈسٹری

Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin

SummaryStandard Chartered-led Anchorpoint launched beta access for its HKDAP stablecoin, following its Hong Kong issuer licence secured earlier this year.HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.Anchorpoint, a venture with Animoca Brands and HKT, plans to expand HKDAP to retail users by late 2026, targeting broader financial applications.  Standard Chartered-led Anchorpoint Financial has started a limited rollout of HKDAP, its Hong Kong dollar-backed stablecoin, four months after securing one of the citys first two issuer licences.  The initial rollout will focus on institutional payments and settlement before adding more access channels and cross-border applications.  HashKey Exchange and OSL Group joined as authorized distributors, allowing eligible institutions and professional investors to obtain HKDAP through their apps and other supported channels, according to separate .  HashKey said it had completed its first minting and redemption transaction for the token, including conversions between HKDAP and fiat currency.  Anchorpoint, a joint venture between Standard Chartered, Animoca Brands and HKT, plans to use distributors and commercial partners to bring the token into payments, settlement and other financial applications. HKDAP stands for “Hong Kong dollar at par.”  Stablecoins are cryptocurrencies with values pegged to an external reference such as fiat

3 دن پہلےانڈسٹری

America doesnt need a second-class payments system

The Federal Reserve payment system is a walled garden, and rightly so; there are serious risks to opening access to unregulated or underregulated entities. But the walls should be drawn around prudent regulation, not arbitrary criteria. Fed membership should automatically mean access to Fed payment rails. Otherwise, if you build the walls in the wrong place, innovation will go offshore into foreign jurisdictions, beyond the reach of any U.S. regulator.  FDIC insurance is one of those arbitrary lines. Some point to its absence as a reason to hesitate, but that confuses two different risks. FDIC insurance protects against the risk created when a bank lends out client deposits, a risk inapplicable to a fully reserved custodial bank like Anchorage Digital Bank. Even stablecoin issuance, which more national trust banks are doing, is effectively full-reserve banking. Every stablecoin is always backed 100% by reserves, there is no fractional reserve banking being done, no asset-liability mismatch, and the risk to capital is fundamentally different. Federal Reserve Payment rail access should reflect actual risk, not assumptions carried over from a different banking model. Those differences should be reflected in how payment access is evaluated.  What is missing is not more studies to summarize longstanding banking

3 دن پہلےانڈسٹری

7 Binance Trading Pairs to Be Delisted in August: Full List

In a recent announcement, major crypto exchange Binance saID it will remove and cease trading on seven spot trading pairs: APT/BTC, AR/BTC, A/USDC, BTTC/TRY, CYBER/USDC, LPT/BTC and WAL/FDUSD.  Sponsored crypto content  The delisting of these trading pairs is scheduled for August 14 at 03:00 (UTC). Binance usually conducts periodic reviews of all listed spot trading pairs and may delist selected ones due to factors including poor liquidity and trading volume. This is done to protect users and maintain a high-quality trading market.  The delisting of the above-mentioned spot trading pairs does not affect the availability of the tokens on Binance Spot. Users can still trade the base and quote assets on other trading pairs available on Binance.  Binance will also terminate Spot Trading Bot services for the aforementioned spot trading pairs on the same date and time, where applicable. Users are strongly advised to update or cancel their Spot Trading Bots to avoid any potential losses.  Binance is also set to delist six crypto tokens later in August. Following its recent reviews, Binance said it has decided to delist and cease trading on all spot trading pairs for six crypto tokens: Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), and

3 دن پہلےانڈسٹری

Bitcoin-Gold Correlation Spikes on Macro Risks; Shiba Inu (SHIB) Whale Presence Shrinks to Just 0.04%; Binance Secures $600 Million Tokenization Milestone: Founder Reacts — Morning Crypto Report

TL;DR:BTCs 90-day correlation with gold reverses from -0.9 to +0.7 as fiscal and geopolitical risk drives capital into both assetsSHIB whale wallets shrink to 0.04% of holders while retaining 94.57% of supply, price stalls near $0.00000449 supportBinances bStocks captures 27% of the tokenized stock market, holder base up 399% to 222,351 addresses on $619.57 million in assetsBTC holds below the 50-day SMA at $64,316, with a break above $67,000 opening a path toward $71,000 amid Fed liquidity support and Ethereum staking inflows  Is “digital gold” back?  Amid U.S. fiscal pressure and geopolitical tensions, Bitcoin has become tightly linked to gold. According to CryptoQuant, their 90-day correlation has undergone a radical reversal, soaring from -0.9 in the winter to +0.7 by August 2026.  CryptoQuant CEO Ki Young Ju says the era of “digital gold” is returning, while spot ETFs are only accelerating the process by allowing funds to buy both assets within the same portfolios.  Bloomberg Intelligence senior analyst Mike McGlone, however, suggests valuing assets not in dollars but in ounces of gold. From this perspective, the Bitcoin-to-gold ratio of 1.86 and the Ss rise is largely technical, as older negative data from the beginning of the year are simply rolling out of the calculation

3 دن پہلےانڈسٹری

New York City Council probes Polymarket, Kalshi over marketing practices

The New York City Council has opened an investigation into the marketing practices of four prediction market platforms, including Polymarket, Kalshi, Coinbase and Gemini Titan, over allegations that event-contract firms may use deceptive advertising to attract consumers.  The office of New York City Council Speaker Julie Menin said Wednesday that the council has been examining allegations of “false, deceptive, unconscionable, and objectionable marketing practices” in the prediction market sector for several months.  Letters sent by Menin to the four companies seek information about how the platforms advertise event contracts covering sports, politics, culture, weather and other subjects. The council also plans to hold a hearing as it considers whether existing consumer protection rules are sufficient or whether new legislation or other policy action is needed.  “Prediction markets aggressively entice consumers to bet and wager on sports, politics, culture, weather, and pretty much anything,” Menin said in a statement. She added that she intends to use the councils authority to protect New Yorkers from what she described as deceptive and predatory marketing practices.  Prediction market probe focuses on advertising practices  Menin‘s letters cited allegations involving Polymarket’s promotional campaigns as one reason for examining marketing across the industry rather than limiting the inquiry to a single company.  A

3 دن پہلےانڈسٹری

Morning Minute: The CFTC Bails Out Kalshi in NY

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.  GM!  Todays top news:Crypto majors chop ahead of CPI, ETH leads; BTC at $64kSEC plans to move forward with crypto rulemaking Friday, including tokenized securitiesRobinhood Chain does 10x the revenue of Base, TVL nears $500MHarmony exploit led to 26% of the supply mintedCFTC invokes emergency authority to keep Kalshi running in NY State  ⚖️ The CFTC Shields Kalshi From New York, Just as Its Revenue Doubles  The federal government just overruled a state trying to shut down a prediction market.  The CFTC invoked “emergency authority” on Tuesday to order Kalshi to keep operating in New York, days after Attorney General Letitia James sued to block its sports contracts. Kalshi asked the regulator to step in, and it did.  The stakes are enormous. According to The Information, Kalshi has topped a $4 billion annualized revenue run rate, double its level from two months ago, and is raising at a $40 billion valuation. So states are trying to rein it in exactly as it becomes one of the fastest-growing companies in finance.  New York argues sports prediction markets are gambling that dodged state

3 دن پہلےانڈسٹری
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