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 Harutunian04.11.2025 $12.8M from BEX Balancer exploit recovered. 04.11.2025 ZKsync founder proposes sharing fee and licensing revenues with ZK token holders. 04.11.2025 Crypto VC funding drops 25% YoY. 04.11.2025 Vitalik Buterin weighs ZK-EVM vs EVM options for Ethereum codebase. 04.11.2025
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
BTC whale sells 24k BTC flash crash wipes longs. ETH hits new ATH above 4 900. Asia’s wealthy investors raise crypto allocations. Gemini files S-1 and secures MiCA EU license. Ether threatens 600 B market-cap, GENIUS Act stablecoin framework live. Metamask to issue its native mUSD stablecoin. Blockchain intelligence
The city of Torrevieja in the province of Alicante is betting on cryptocurrency to boost the local economy, preserve natural spaces and create new jobs.
Eva Senzaj Pauram
Crypto companies were notable for their absence during the Super Bowl ad breaks for a second year. But what is driving this continuing trend?
Sasha Markevich
This weekend millions of people around the world have been celebrating the Lunar New Year as we enter the Chinese Year of the the Dragon. Traditions include decorating both yourself and your house with red items and lighting firecrackers to scare off the mythical underwater beast Nian. But who has
Jack MartinThe consistent increase in staked volumes and other measures for reducing the circulating supply, combined with an intensive technical improvement roadmap, are pushing ETH in greens. Rumors about potential Ethereum Spot ETF add more to the optimism
Alexander Mardar
For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. Fresh from launching a crypto custody platform in November, Germany's DZ Bank now
Jack Martin
The experimental ERC-404 standard combines fungible and NFT tokens and has sparked significant interest. Among its first applications, the Pandora project has rapidly achieved a $250 million market cap, underscoring the potential of this new standard.
Alexander Mardar
The SEC's update of the 'dealer rule' puts an unknown number of companies, including from the DeFi sector, under the regulator’s control.
Sasha Markevich
The former CEO of Terraform Labs (Luna/UST stablecoin project) will have another chance to fight extradition proceedings after the Montenegrin justice system admits to having bungled his legal process.
Eva Senzaj Pauram04.11.2025 $12.8M from BEX Balancer exploit recovered. 04.11.2025 ZKsync founder proposes sharing fee and licensing revenues with ZK token holders. 04.11.2025 Crypto VC funding drops 25% YoY. 04.11.2025 Vitalik Buterin weighs ZK-EVM vs EVM options for Ethereum codebase. 04.11.2025
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