David Christopher

David Christopher · 1 day ago

MegaETH Bets $30M on an AI Inference Market

After months in stealth, the team behind the Ethereum L2 is turning from network steward into product builder, a bet co-founder Yilong Li says could dwarf the chain itself.

David Christopher · 1 day ago

Warren Puts Prediction Markets, Trump Crypto on Banking Agenda

With Democrats retaking the Senate, crypto's loudest critic will set the agenda in January for the committee that oversees banks, the Fed and crypto.

David Christopher · 2 days ago

Hyperliquid's First L2 Arrives

Kinetiq's Elysium gives Hyperliquid the throughput HyperEVM deliberately lacks. Day one showed real demand, but turning it into lasting activity is the harder test.

David Christopher · 5 days ago

Coinbase Enables Borrowing Against Gold via Morpho

Eligible U.S. users can borrow USDC against Paxos' tokenized gold (PAXG) on Base — Coinbase Borrow's first non-crypto collateral.

David Christopher · 5 days ago

World Liberty Launches WLFI Buybacks as Democrats Circle

The Trump-family venture will fund a new $WLFI buyback partly with USD1 reserve fees, days after Democrats named it a likely Oversight target.

David Christopher · 5 days ago

Kalshi Launches U.S. Stock Perps, Hits $300M

Two days after the CFTC cleared single-stock perps, Kalshi went live on 50+ names and said traders moved over $300M that morning.

David Christopher · 6 days ago

Zcash's Next Upgrade Arrives

NU7 brings faster blocks, greater throughput, and new token economics, marking another step toward Zcash's ambition of private payments at scale.

Zcash Grants Committee Backs Down on Plan to Give Up 98,000 ZEC

Zcash Community Grants withdrew its week-old offer to hand part of its treasury and future funding to miners, leaving rival plans for its 8% share open.

Circle Beats Q3 Estimates on Arc Token Sale, Cuts 5% of Staff

Circle's revenue rose 17% to $865M, with $182M from a presale of its ARC token, even as interest income on USDC reserves slipped.

Crypto Holds Steady as Democrats Sweep Congress

Bitcoin dipped to ~$75.7K as results rolled in, then bounced back above $79K, while prediction markets called the blue wave within hours.

Crypto After the Midterms: Investigations, Not Legislation?

Crypto is heading into Election Day after absorbing the largest hack in its history, and with another major uncertainty looming over markets.

Four More Crypto Hacks Land in the Days After Binance

Brazil's largest exchange, an unnamed EU entity, BTCPay merchants and a dozen DeFi websites were all hit between Friday and Monday.

Kalshi Raises $1B at a $40B Valuation as Prediction Market Fees Soar

Wellington and Sequoia co-led the Series G, and Kalshi plans to spend the money on new markets like indices, single-stock perps and compute.

Binance Reopens Withdrawals as FBI Pins $6B Hack on North Korea

Users pulled a net $3.64B in the first hours back, and Binance's new proof-of-reserves report says 10 major tokens are fully backed.

Binance Just Suffered the Biggest Hack in Crypto History. What Now?

Binance says it will cover the $6.3 billion loss. Here's what we know about the attack, and what to watch before withdrawals reopen.

Pump.fun and Fomo Sign On for Elysium's Day One

Two popular retail trading apps will support Kinetiq's new Hyperliquid chain when it launches November 9.

NYSE Owner Backs trade.xyz to Bring Hyperliquid Perps to the US

ICE, which owns the New York Stock Exchange, is investing in trade.xyz and plans for a US version of its Hyperliquid markets, pending CFTC approval.

Can ORE Make Hard Money Without Proof of Work?

ORE has dropped computational proof of work. Here is how it works, and the case for and against it as a store of value.

NBA Partners With Kalshi and Polymarket, Signs CFTC Pact

The NBA named Kalshi and Polymarket its preferred prediction market partners and signed a non-binding deal to share information with the CFTC.

AI Models Raise Their Own Circle Wallet Spending Caps

Researchers say nine of ten frontier models raised their own Circle agent-wallet spending cap with no human approval.

Zcash Co-Founder Proposes Ending ZCG's 8% Block Reward Share

Sean Bowe's draft ZIP would redirect Zcash Community Grants' 8% of new ZEC to the Network Sustainability Mechanism, arguing its roughly $125M in reserves is enough.

The Rise of Onchain Inference Markets

Orbio, Surplus Intelligence, and Antseed are all making AI inference cheaper onchain, and each in a different way.

Uniswap v4 Is Now an Aggregator

Uniswap's new Aggregator Hooks plug seven outside liquidity sources, covering more than 90% of DEX activity on Ethereum, Base and Robinhood Chain, into v4.

CME-Backed Group Pushes Back on Kalshi as Phantom Rolls Out Prediction Markets

The Commodity Markets Council wants the CFTC to block Kalshi's first oil perp, as Kalshi's October volume hits $55.33B and Phantom brings its markets to US users.

Aerodrome and Velodrome Go Live as Aero Across Seven Chains

VELO holders now convert into AERO, with the merged supply split 94.5% to Aerodrome's side and 5.5% to Velodrome's.

Pump.fun Ditches Relay for In-House Pump Bridge

Pump.fun claims its own crosschain route cut buy errors 92% and halved typical buy times vs. Relay, the provider rival Fomo still uses.

a16z Crypto to Drop "Crypto" From Its Name, Rebrand as a16z Frontier: The Information

The nearly $10B crypto investor reportedly plans to look beyond crypto as GP Ali Yahya departs.

Coinbase's Plan for a Quantum-Safe Bitcoin

New addresses, new signatures and a plan for coins that never move: here's what Coinbase thinks Bitcoin needs.

Onchain Inference Markets Post Record Token Usage

Surplus usage rose ~2.3x in under a month to a record 312.6B tokens on Oct 18, as rivals' volumes climb and critics demand dollar figures.

CFTC Tells Court CME Can't Challenge U.S. Perps

The CFTC says CME can't sue over U.S. perps because it hasn't been hurt, pointing to a 23% rise in CME's own crypto futures volume since May.

ZachXBT Flags $20M XMR Laundering Ring on Hyperliquid

More than 87% of inflows to FreedomXMR, a Monero swap service on Hyperliquid Core, came from illicit activity, with $20M+ traced to hacks and ransomware.

The CFTC's Proposed Rules to Reshape U.S. Crypto Markets

Chairman Selig's CTX and CAM proposals could bring retail margin onshore, put exchanges under one federal roof, and reshape the fight over prediction markets.

Pearl and the Security Budget Bitcoin Can't Solve

Pearl lets the work that secures its network also serve paying AI customers. Here's why that matters for Bitcoin's mining economics, and the risks.

White House Crypto Adviser Patrick Witt Steps Down

Witt becomes the second executive director of the White House crypto council to leave, following predecessor Bo Hines, who departed for Tether in August 2025.

Ledger Officially Responds to Hardware Wallet Attack

The company announces new reseller security measures after criminals implanted hidden components in hardware wallets to steal recovery phrases.

Crypto's Quantum Defense Is Being Built in the Open

While others go into "bunker mode," Eigen's Yukon is crowdsourcing attacks and fixes with AI agents.

Ledger Spyware Scare Spreads Across Asia and Europe

Spyware implants in Ledger wallets have surfaced across Asia and Europe, raising supply-chain concerns after more than $86M in suspected thefts

Blur to Shut Down NFT Marketplace After Blast

Blur will shut down its website and halt new NFT loans on November 12, just ten days after sister project Blast announced its closure.