Kalshi Eyes Perpetual Futures Expansion as Polymarket Moves First
Kalshi plans a move into crypto perpetual futures as Polymarket launches its own perps product, setting up a high-stakes race between prediction market platforms and major exchanges.
Lorenzo Letter #13: Polymarket Reveals Stablecoin Plans
Polymarket gears up for platform overhaul, Morgan Stanley enters the spot BTC ETF market, and more CLARITY Act chaos in Washington.
CLARITY Act Advances Toward Senate Vote as Stablecoin Debate Intensifies in Washington
Lawmakers push the CLARITY Act toward a Senate vote as debates over stablecoin yield, banking risks, and crypto regulation intensify in Washington, signaling a pivotal moment for U.S. digital asset policy.
Polymarket Plans Native Stablecoin as Part of Major Exchange Overhaul
Polymarket plans a major exchange upgrade with a new trading engine and native stablecoin, Polymarket USD, as it scales infrastructure and prepares for U.S. expansion.
Lorenzo Letter #12: Franklin Templeton Launches Franklin Crypto
Franklin Templeton deepens crypto push, Tether engages Big Four account firm for long-awaited audit, and Nium launches a stablecoin card issuance platform.
Nium Launches Stablecoin Card Issuance Platform
New API enables businesses to spend stablecoins globally through Visa and Mastercard networks
Tether Engages Big Four Firm for First Full Audit of USDT Reserves
Move beyond attestations signals a shift toward institutional-grade transparency for the world’s largest stablecoin
Lorenzo Letter #11: Crypto Comes To US Mortgages
Coinbase introduces crypto-backed mortgages, David Sacks steps down from Crypto Czar role, and a USR exploit leads to over $6M in losses.
sUSD1+ OTF Redemption Guide
Complete guide to withdrawing your sUSD1+ OTF funds.
David Sacks Steps Down as White House Crypto Czar as Key Legislation Remains Unresolved
After 130 days shaping the administration’s digital asset agenda, Sacks exits his formal role with major policy efforts still in progress.
Lorenzo Letter #10: Bear Market Spoils Kraken IPO
Kraken pauses its IPO amid cooling crypto markets, Mastercard acquires BVNK in a $1.8B push to connect stablecoins with fiat rails, and Tally shuts down as declining demand and shifting regulation challenge the role of DAO governance.
Mastercard To Acquire BVNK In $1.8B Deal To Bridge Stablecoins And Fiat Rails
Mastercard is acquiring stablecoin infrastructure firm BVNK for $1.8 billion, accelerating its push to connect fiat payment rails with on-chain financial systems.