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Kalshi hit with injunction over sports contracts on California tribal lands
A federal judge has granted the preliminary injunction to bar Kalshi from offering sports contracts on the lands of two California tribes.

Zcash’s major network upgrade NU7 goes live on mainnet, cutting block time by threefold
NU7 also activates the Network Sustainability Mechanism, which removes 60% of each block's transaction fees from circulation.

IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.

Ark Invest buys more Coinbase as shares plunge 10% in wider market rout
Cathie Wood's Ark Invest bought $2.44 million worth of Coinbase on Thursday as the stock plunged 9.69% amid a broader sell-off.

Hyperliquid Strategies files to become CFTC-registered FCM, posts $13.3 million in quaterly revenue
Hyperliquid Strategies posted $13.3M in revenue and $620.6M net income, and filed with the CFTC to become an FCM for U.S. HIP-3 perp markets.

Bitcoin erases post-election gains as Wall Street selloff triggers over $1 billion in crypto liquidations
Bitcoin fell 6% to $75,700 and ether 7% as a Nasdaq selloff hit crypto, triggering $1.03 billion in liquidations.

Base deploys Denim upgrade on mainnet, replacing Flashblocks with 200ms block times
Base activated its fourth network upgrade, Denim, introducing five canonical blocks per second at 200ms intervals.

Canary’s Injective ETF debuts on Nasdaq with exposure to staking rewards
Canary Capital's Staked INJ ETF debuts on Nasdaq, giving investors exposure to Injective's INJ token plus staking rewards reflected in NAV.

Anchorage Digital seeks CFTC swap dealer registration for crypto options business
Anchorage Digital has applied for CFTC swap dealer registration and plans to offer European-style bitcoin and ether options if approved.

Payward-affiliated fund and clients buy AAVE token stake on secondary market
Payward disclosed neither the size nor price of the AAVE purchases and said it may acquire more tokens.

Samsung Wallet launches USDC accounts on Solana for US Galaxy users
Samsung Wallet's Stablecoin Account is now live for eligible U.S. Galaxy users, allowing them to use USDC on Solana.

Eric Trump’s American Bitcoin swings to $126 million profit in Q3 on digital asset gains
American Bitcoin reported Q3 net income of $126 million, swinging from a $57.2 million net loss in the previous quarter.

Arkansas sues Kalshi, says its alleged illegal gambling operations cause mental harm
The lawsuit adds Arkansas to a growing list of states taking legal action against the prediction market platform.

The Digital Chamber calls Sherrod Brown’s win ‘most consequential unfavorable result’ for crypto
Democrats are set to reorient the crypto policy debate toward stronger consumer protections and regulatory accountability, the group said.

Crédit Mutuel Arkéa confirms cyberattack after ZachXBT flags $133M in suspected losses
Crédit Mutuel Arkéa did not confirm the exact amount of losses but validated the order of magnitude of the $133 million figure.

Democratic sweep of Congress forces crypto industry to rethink Washington strategy
After two years of a pro-crypto, pro-innovation climate in Washington, the digital asset industry faces a sharp political jolt.

Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack
Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact.

French Hill’s race still too close to call as House flips, changing the direction of crypto legislation
As of Wednesday afternoon, House Financial Services Committee Chair French Hill's race for reelection is too close to call.

Coinbase says 99% of customer assets sit in cold storage after Binance’s $6.3 billion breach
Coinbase says 99% of customer assets are in cold storage and it wasn't affected by the $6.3 billion Binance hack.

Schroders launches tokenized emerging markets debt fund on Solana with Centrifuge
The $1 trillion-plus asset manager brings its emerging markets bond strategy to Solana, expanding the range of onchain actively managed funds.

Circle reports $865 million in Q3 revenue and reserve income, discloses 5% workforce reduction
Circle reported $865 million in third-quarter revenue and reserve income and disclosed cuts affecting approximately 5% of its workforce.

BitGo launches institutional trading and financial solutions business led by former NYDIG executive
BitGo has launched Global Markets, an institutional trading and financial solutions business headed by former NYDIG executive Pete Janney.