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Kalshi and Polymarket lose 2 state gambling appeals

Kalshi and Polymarket lost bids to block gambling cases in Nevada and Washington. A three-judge Ninth Circuit panel denied emergency motions from both Kalshi and Polymarket to block lower court rulings, sending gambling enforcement cases in Nevada and Washington back…

Grayscale submits third S-1 amendment to Hyperliquid ETF filing

PANews reported on May 23 that Bloomberg ETF analyst James Seyffart stated on the X platform that Grayscale has submitted its third S-1 amendment to the Hyperliquid ETF to the U.S. Securities and Exchange Commission (SEC). The ETF will be traded under the ticker symbol GHYP upon approval. Its launch is expected to be increasingly … Read more

Cross-chain platform Squid completes $6 million strategic funding round, led by North Island Ventures

Deep Tide TechFlow news, May 23, according to The Block, cross-chain infrastructure platform Squid completed a $6 million strategic financing round, led by North Island Ventures, with participation from Ripple, Dialectic, and Borderless. The funds will be used to launch a new consumer-oriented product. Squid co-founder Fig stated that the product will be built on … Read more

Grayscale Submits Third S-1 Amendment for Hyperliquid ETF

PANews, May 23 news, Bloomberg ETF analyst James Seyffart stated on the X platform that Grayscale has submitted a third S-1 amendment for the Hyperliquid ETF to the US SEC. The trading symbol for this ETF upon approval and listing will be GHYP. He expects it to be getting closer to launch, and ultimately, three … Read more

Kraken launches Avalanche staking with up to 10% APY

Kraken has launched AVAX staking for eligible users globally, offering up to 10% APY on bonded positions. Kraken announced AVAX staking on May 21 with three earning options: Bonded Staking up to 10% APY for a limited time, then 7%…

Former Ethereum Foundation researcher Dankrad Feist has proposed raising $1 billion to form a new Ethereum advocacy organization.

PANews reported on May 22nd that, according to The Block, former Ethereum Foundation researcher Dankrad Feist published an article on the X platform proposing the formation of a new organization aligned with the Ethereum economy to “save” Ethereum. He argues that the Ethereum Foundation currently holds less than 0.1% of ETH, with no staking or … Read more