From Polymarket’s stripped-down design to Kalshi’s regulatory breakthrough, prediction markets are turning collective opinion into a financial asset class — and a new battleground over who defines truth
Alex Harutunian
While crypto remains banned, China’s state-backed blockchain ecosystem — led by Conflux — is expanding across Asia and into global finance. Conflux Network bridges China’s academic research, state strategy, and open blockchain innovation.
Alex Harutunian
DeFi is moving from standalone apps into the backend of exchanges, with Coinbase and Crypto.com leading by embedding Morpho’s lending vaults. This “embedded DeFi” model raises a key question: are exchanges becoming banks, or just UIs? The answer will define DeFi’s role in future banking.
Alex Harutunian
Curve Finance is launching Yield Basis with a $60M crvUSD credit line. The product aims to eliminate impermanent loss for liquidity providers, and at the same time transform CRV from a governance token into an income-generating asset with revenues shared back to holders
Alex Harutunian
Nasdaq has filed with the U.S. SEC to bring tokenized securities onto its main market, aiming to trade blockchain-based and traditional shares side by side. If approved, the move could make Nasdaq the first U.S. exchange to integrate tokenized equities under existing protections
Alex Harutunian
From Polymarket’s stripped-down design to Kalshi’s regulatory breakthrough, prediction markets are turning collective opinion into a financial asset class — and a new battleground over who defines truth
Alex Harutunian
Balancer Protocol was exploited through a tiny rounding bug in its code. As losses neared $100 million, projects froze pools, rolled back blockchains, and clawed back funds—revealing the centralized and still untamed side of decentralized finance
20.11.2025 Visa to adopt Ethereum payments before June 2026. 20.11.2025 WhatsApp “Eternidade Stealer” trojan worm steals access to crypto wallets and banking apps in Brazil. 20.11.2025 Kyrgyzstan issues first $50M of gold-backed USDKG stablecoin pegged to the US dollar. 20.11.2025 India to
29.10.25 Ondo Finance launches Ondo Global Markets on BNB Chain. 29.10.25 Ethereum Foundation launches portal to guide institutional adoption. 29.10.25 Securitize goes public via SPAC merger with Cantor Fitzgerald’s CF Acquisition Corp VIII. 28.10.25 Trump Media & Technology Group to launch
Kazakhstan launched a state-backed crypto reserve, Alem Crypto Fund, partnering with Binance Kazakhstan and starting with an investment in $BNB. SWIFT is building a blockchain ledger with 30+ banks using Consensys. Polish lawmakers passed a Crypto-Asset Market Act, aligning rules with the EU’s MiCAR. Vitalik Buterin opposes EU’s
Uniswap’s Unichain has boosted L2 volumes past $40B, but liquidity tells a different story. TVL has halved since July, exposing the limits of incentive-driven growth. Despite cheaper fees, users remain on Ethereum—where Uniswap continues to be one of the network’s largest revenue engines.
TON Strategy Company, formerly Verb Technology, has rebranded as a Toncoin treasury, holding $713M in TON and targeting over 5% of supply. By staking its holdings and adopting financial engineering akin to Strategy’s playbook, it aims to turn crypto reserves into shareholder returns
From $GOAT to $FART, memecoins show how hype burns fast and budgets vanish faster. Market caps in the tens of millions may look like real businesses, but behind the joke lies sunk marketing spend, fragile communities, and the math of attention that always runs out of breath
Jito’s BAM transforms MEV on Solana from a private auction into a transparent, programmable marketplace. While Ethereum introduced PBS, Solana may now be a step ahead—embedding MEV handling directly into the protocol with greater flexibility and developer access.
Circle’s decision to bring native USDC to Hyperliquid underscores the chain’s rise as an institutional-grade DeFi hub, while advancing its strategy to make USDC the default stablecoin — trusted, redeemable, and seamlessly transferable across chains
Happy Sunday, Observers! The wave of day traders and degens throwing in the towel continues, but on the institutional size, the game is just getting started. In the past seven days, MoonPay acquired Iron, MEXC Ventures invested $16 million in ENA and $20 million in USDe, MGX invested $2 billion
Eva Senzaj Pauram
Hardware wallet provider Ledger evaluated it's competitor's Trezor Safe wallet family and reported on a potential risk in Trezor’s Safe 3 model.
Sasha Markevich
The International Monetary Fund is pressuring El Salvador to scale back its Bitcoin adoption by leveraging loan funds. Despite the IMF agreement, El Salvador remains committed to expanding its BTC reserves, with President Bukele insisting, "It won’t stop now, and it won’t stop in the future."
Rebecca Denton
According to the press release, this is the most significant investment into a crypto company, the largest investment paid in crypto (stablecoin), and the first institutional investment in Binance.
Rebecca Denton
Happy Sunday, Observers! The summit that leads from “asset light” to “asset heavy” feels more like a roller coaster than ever. With President Trump at the helm, calling and firing what sometimes feels like rather random shots, markets are losing it. The White House’s announcement that it would establish
Eva Senzaj Pauram
Balancer Protocol was exploited through a tiny rounding bug in its code. As losses neared $100 million, projects froze pools, rolled back blockchains, and clawed back funds—revealing the centralized and still untamed side of decentralized finance
20.11.2025 Visa to adopt Ethereum payments before June 2026. 20.11.2025 WhatsApp “Eternidade Stealer” trojan worm steals access to crypto wallets and banking apps in Brazil. 20.11.2025 Kyrgyzstan issues first $50M of gold-backed USDKG stablecoin pegged to the US dollar. 20.11.2025 India to
29.10.25 Ondo Finance launches Ondo Global Markets on BNB Chain. 29.10.25 Ethereum Foundation launches portal to guide institutional adoption. 29.10.25 Securitize goes public via SPAC merger with Cantor Fitzgerald’s CF Acquisition Corp VIII. 28.10.25 Trump Media & Technology Group to launch
Kazakhstan launched a state-backed crypto reserve, Alem Crypto Fund, partnering with Binance Kazakhstan and starting with an investment in $BNB. SWIFT is building a blockchain ledger with 30+ banks using Consensys. Polish lawmakers passed a Crypto-Asset Market Act, aligning rules with the EU’s MiCAR. Vitalik Buterin opposes EU’s
Uniswap’s Unichain has boosted L2 volumes past $40B, but liquidity tells a different story. TVL has halved since July, exposing the limits of incentive-driven growth. Despite cheaper fees, users remain on Ethereum—where Uniswap continues to be one of the network’s largest revenue engines.
TON Strategy Company, formerly Verb Technology, has rebranded as a Toncoin treasury, holding $713M in TON and targeting over 5% of supply. By staking its holdings and adopting financial engineering akin to Strategy’s playbook, it aims to turn crypto reserves into shareholder returns
From $GOAT to $FART, memecoins show how hype burns fast and budgets vanish faster. Market caps in the tens of millions may look like real businesses, but behind the joke lies sunk marketing spend, fragile communities, and the math of attention that always runs out of breath
Jito’s BAM transforms MEV on Solana from a private auction into a transparent, programmable marketplace. While Ethereum introduced PBS, Solana may now be a step ahead—embedding MEV handling directly into the protocol with greater flexibility and developer access.