Coinbase Prediction Markets Top $200 Million Annualized Revenue as Q3 Revenue Holds Steady
Prediction markets crossed $200 million in annualized revenue as Coinbase held revenue at $1.2 billion and grew paid subscribers 24% year over year.
zkLink Nova Halts Block Production After Bridge Exploit Tops $780,000
zkLink Nova paused block production and withdrawals after attackers exploited its Arbitrator contracts, draining more than $780,000 across multiple transactions.
Druckenmiller Confirms Trade.xyz Investment and Plans to Use Hyperliquid Perpetuals
Stan Druckenmiller says he plans to use trade.xyz’s Hyperliquid markets. ICE will operate its planned U.S. venue, pending approvals.
Binance Hot Wallets Send $3.5 Billion to One Address as Stablecoins Are Frozen
Ethereum outflows reached about $3.52 billion as Tether and Circle froze stablecoins; Binance said user funds were safe while the transfers remained under review.
Westpac Sets A$10,000 Monthly Cap on Payments to Crypto Exchanges
From Dec. 1, Westpac may cap customers’ payments to identified crypto exchanges at A$10,000 a month, with no exceptions.
Cuomo Sees Tokenized Stock Ad as Sign of a Fight for Market Share
Andrew Cuomo says a Wall Street Journal ad opposing tokenized stocks signals a contest over platforms, as 38 companies opt out of OKX-ICE’s proposal.
Kalshi Raises $1 Billion at $40 Billion Valuation as It Expands Its Trading Products
Kalshi plans to add single-stock perpetuals, leveraged event contracts and compute-price trading as it builds beyond prediction markets.
Avalanche Tranche Vault Loses About $1.01 Million in Flash-Loan Attack
An attacker used a flash loan to inflate tranche shares and withdraw about $1.01 million in USDC from an Avalanche vault, Blockaid said.
Ripple and BNY Mellon Explore XRP Ledger Trade Finance for Approved Invoices
Ripple, BNY Mellon and C2FO are exploring invoice financing on the XRP Ledger as the bank expands custody and RLUSD services for institutions.
Galaxy Digital Posts $323 Million Q3 Profit as Investment Gains Lift Results
Galaxy Digital swung to a $323 million profit as gains in its own portfolio drove results, while data center revenue rose and digital asset operations grew.
Hyperliquid Tests Permissioned Perpetual Markets for Payward
Hyperliquid is testing opt-in trading controls for markets Payward plans to run through Bitnomial and NinjaTrader, pending regulatory approval.
Keystone to Destroy 18,835 Wallets After Website Intruder Obtains Authentication Key
Keystone is replacing a compromised device-authentication key, halting web orders and addressing customer records that remained on file past its retention deadline.
Cardano’s $4 Price Forecast Requires an 1,833% Rally From Current Levels
ADA trades near $0.207, leaving Crypto Captain’s $4 target dependent on a rally that would set a new all-time high.
Keystone Says Website Intrusion Exposed Customer Shipping and Order Data
Keystone says an intruder accessed customer names, contact details, addresses and order records. The company has blocked access and is investigating.
Initia Pauses L1 and Rollups After Token Minting Exploit Drains $2.7 Million
A flaw in Initia’s MoveVM let an attacker mint tokens and withdraw about $2.7 million through bridges. The network remains paused without a restart date.