Crypto

Despite a year of sweeping reforms, Australia’s crypto market remains frozen as investors wait for new digital asset laws to take effect.

In a medical first, Stanford scientists have restored functional vision to patients with advanced macular degeneration using a wireless implant that turns light into sight—allowing the blind to read, recognize faces, and see the world again.

Polymarket will act as a clearinghouse for DraftKings’ upcoming prediction market platform, following its acquisition of Railbird earlier this week. American sports betting platform DraftKings is tapping Polymarket as the clearinghouse for its new prediction market, an industry that clocks over $4 billion in monthly trading volume. “Congrats to DraftKings on their acquisition of Railbird. We’re proud for Polymarket Clearing to be their designated clearinghouse as they enter the prediction market space,” Polymarket CEO Shayne Coplan said in an X post on Wednesday. Railbird is a Commodity Futures Trading Commission-regulated predictions market platform, which DraftKings acquired for an undisclosed amount on Tuesday. Read more

Bealls will now accept more than 99 digital currencies from 300 wallets via its new Flexa Payments integration.

Ethereum mainnet transfers can reach block times in just 200 milliseconds, according to Ethereum infrastructure platform Primev when using its “FAST RPC” solution. Ethereum transactions can now be preconfirmed in just a fraction of a second with new tech from an Ethereum infrastructure platform. Primev says its FAST RPC (Remote Procedure Call) allows transactions to be preconfirmed and set for inclusion in blocks in under 200ms — enabling everything from Ether (ETH) transfers and interacting with smart contracts to minting non-fungible tokens (NFTs) at “blazing speed.” Preconfirmation is an early signal from a block builder indicating a transaction will likely be included in the next block, while block inclusion refers to a transaction being added into a block. Read more

A legal filing in a class action crypto fraud suit points the finger not at Melania Trump or Javier Milei, but instead at a startup founder.

Perplexity AI predicts renewed strength for XRP, Cardano, and BNB as crypto markets stabilize after tariff-driven volatility. Analysts have viewed the recent correction as a healthy reset ahead of possible Fed easing. The post Perplexity AI Predicts the Price of BNB Coin, Ripple, Solana by the End of 2025 appeared first on Cryptonews.

Best crypto prospects have been reassessed after the recent dip. Bitcoin has reached $126,080 before a tariff-driven slide, while analysts have evaluated XRP’s cross-border payments role, Solana’s ETF watch, TRON’s resilience, and presale HYPER ahead of the Federal Reserve’s next decision. The post Best Crypto to Buy Now, October 22 – XRP, Solana, Tron appeared first on Cryptonews.

Former RWA Company exec Max Glass alleges in a lawsuit that he was wrongfully excluded from a stablecoin venture that turned into M^0, the infra provider behind MetaMask's mUSD.

The asset manager joins a growing list of traditional finance firms that have proposed digital asset-focused funds.

Senate Democrats and Republicans remain far apart on timeline and other key issues after flashy meetings with crypto leaders on Wednesday.

The shutdown could stall progress on the crypto market structure bill, but lawmakers continue to insist that the legislation is on track. Deliberations over the crypto market structure bill between industry executives and US lawmakers hit a fever pitch on Wednesday in a tense meeting, following a leaked proposal from Democrats to impose permissioned requirements on the decentralized finance (DeFi) sector. Democratic senators accused industry executives of acting as an extension of the Republican Party after a leaked Democratic proposal mandating know-your-customer and anti-money laundering regulations on DeFi caused a public outcry, according to Eleanor Terrett, who cited sources at Wednesday’s meeting. The lawmakers reportedly warned industry representatives that continued public outcry over the bill, or specific provisions in the proposed legislation, would slow down the progress of passing regulations into law.  Read more

Kadena has announced a shutdown after running out of funds, though the proof-of-work chain has kept operating. KDA has fallen 77% in a month and over 99% from its 2021 high as exchanges have begun delisting. The team has planned a new binary and a community handover. The post Kadena Shuts Down – How a 77% Crash and Cash Burn Ended One of Crypto’s Most Ambitious Projects appeared first on Cryptonews.

Ken Griffin and Citadel disclosed multimillion-dollar stakes in DeFi Development Corp., signaling rising institutional interest in Solana-linked assets. Ken Griffin, the billionaire founder and CEO of Citadel, has disclosed a 4.5% stake in DeFi Development Corp. (DFDV), a digital asset treasury company focused on accumulating Solana. According to a Schedule 13G filing with the US Securities and Exchange Commission (SEC), Griffin holds just over 1.3 million shares, representing about 4.5% of DeFi Development’s outstanding common stock. Separately, Citadel Advisors LLC and affiliated entities reported ownership of 800,000 DFDV shares, or roughly 2.7% of the company’s outstanding stock. Read more

Andreessen Horowiz's State of Crypto 2025 crypto report highlights Bitcoin dominance, stablecoin demand, institutional adoption, and more.

Solana (SOL) and Bitcoin (BTC) lead the ETF filings with 23 each, followed by XRP with 20 and Ethereum (ETH) with 16.

The STREAMLINE Act would update anti–money laundering rules by lifting decades-old thresholds for transaction reporting, cutting red tape for banks and crypto companies. A group of US senators led by Senate Banking Committee Chair Tim Scott (R-S.C.) has introduced legislation to modernize the Bank Secrecy Act, the foundation of the country’s Anti-Money Laundering (AML) framework.  The Bank Secrecy Act, passed in 1970, obliges banks, credit unions, and other financial institutions to help federal authorities detect and prevent financial crimes, including money laundering, terrorist financing, and related illicit activity.  The proposed legislation, known as the STREAMLINE Act, would raise the Bank Secrecy Act’s reporting thresholds for the first time since its creation more than 50 years ago. Read more

Escalating tensions between the US and China, Trump digging in on tariffs and Bitcoin traders avoiding long leverage could push BTC price to new lows. Key takeaways:  Deteriorating US-China relations, US President Donald Trump’s recent tariff expansion and traders avoiding long leverage are adding pressure to Bitcoin’s downside.  Bitcoin could drop below $100,000, but analysts are hopeful that next week’s macroeconomic events will reverse the downtrend.   Read more

AI in crypto has been implemented across leading exchanges. Bitget has introduced a chat agent for execution and insights, Kraken has announced Capitalise.ai integration for no-code automation, and Binance has provided adaptive UI, hourly token reports, and sentiment-driven signals for traders. The post How Crypto Exchanges Use AI to Power Next-Gen Trading Tools – Can Traders Really Trust Them? appeared first on Cryptonews.

This week, the Ethereum ecosystem has been rocked by a $654 million ETH transfer by the Ethereum Foundation. This triggered intense scrutiny over developer compensation, transparency, and leadership, culminating in the public resignation of core developer Péter Szilágyi and renewed criticism of governance practices. Simultaneously, Polygon’s AggLayer upgrade has faced launch delays and network instability, […] The post Did Vitalik just pick a side? Inside Ethereum’s layer-2 loyalty test appeared first on CryptoSlate.