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Kalshi raises $1B at $11B valuation after best volume month

Kalshi has doubled its valuation after its latest Series E funding round, which come as the prediction market posted record trading volumes last month. Source: https://cointelegraph.com/rss Kalshi raises B at B valuation after best volume month

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CZ’s YZi Labs moves to take over board of flatlining BNB treasury

YZi Labs has asked CEA Industries shareholders to support its move to shake up the BNB treasury company’s board and install its pick of directors. Source: https://cointelegraph.com/rss CZ’s YZi Labs moves to take over board of flatlining BNB treasury

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Japan government backs 20% tax on crypto profits, on par with stocks 

Japan has taken another step to reform its crypto taxation, replacing its tiered system that can reach as high as 55%. Source: https://cointelegraph.com/rss Japan government backs 20% tax on crypto profits, on par with stocks 

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Vanguard’s 50M+ clients will soon have access to crypto ETFs

Vanguard CEO Salim Ramji ruled out crypto ETFs on its platform in August, but consistent demand for crypto has seemingly changed his firm’s tune. Source: https://cointelegraph.com/rss Vanguard’s 50M+ clients will soon have access to crypto ETFs

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Bitcoin’s lack of price strength due to sheepish spot buyers: What happens next?

Bitcoin fudged the breakout to $93,000 as global TradFi markets stumbled and BTC spot investors failed to provide the necessary volume. Source: https://cointelegraph.com/rss Bitcoin’s lack of price strength due to sheepish spot buyers: What happens next?