Keep pulling the thread on Doug Colkitt & Gwart.
The Genius Act, the first crypto law enacted in the US, includes a provision that prohibits stablecoin issuers from directly passing interest earned on reserves to users.
Trading volume on the Solana network has declined by over 90% since the launch of the Pump.fun token.
Stripe has chosen to develop its own Layer 1 blockchain called Tempo, with backing from venture capital firm Paradigm.
Coinbase acquired Echo, a company founded by crypto personality Cobie, for $400 million.
Bitcoin reached a new all-time high of $126,000 during the recent market cycle.
A major market event known as the "10/10 liquidations" was characterized by a technical failure at Binance and a large whale, reportedly connected to the White House, profiting significantly.
The prediction market platform Kalshi raised funding at an $11 billion valuation.
The prediction market platform Polymarket raised funding at a $12 billion valuation.
It is alleged that someone from Kalshi reported Polymarket's founder, Shayne, to the FBI, leading to his detention and the search of his phones.
As of November, Kalshi's annualized trading volume reached approximately $50 billion, a figure comparable to the amount wagered on FanDuel in 2024.
Do Kwon, the founder of Terraform Labs, was sentenced to 15 years in prison following the collapse of the Terra/Luna ecosystem.
The prohibition on passing interest to stablecoin users, as stipulated in the Genius Act, is a major sticking point in the negotiations for the broader crypto market structure bill.