The Brutalist Report

Coindesk

• Kalshi takes legal blow in court ruling confirming state powers over prediction markets [13d]
• Solana vote to double disinflation passes by a hair in dramatic finish [13d]
• BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout [13d]
• Warsh at Jackson Hole: 'We have work to do' on inflaiton [13d]
• The Clarity Act slipped to September. Banks are building anyway [13d]
• Ethena looks beyond crypto to squeeze yield from booming equity perpetuals [14d]
• SBI acquires 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia [14d]
• Bitcoin is outperforming stocks and correlating with gold just when it matters most [14d]
• Circle's USDC takes over Chelsea's jersey in Premier League first sponsorship deal [14d]
• Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans [14d]
• Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate [14d]
• Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments [14d]
• Kraken users briefly locked out after a flood of sanctioned crypto transactions [14d]
• Live updates: Bitcoin options worth $6.4 billion just expired as prices hover near $80,000 [14d]
• IREN shares fall 8% as costly AI transition weighs on earnings [14d]
• Here’s why Warsh’s Jackson Hole speech is a major event for bitcoin and gold [14d]
• Solana’s faster supply cuts lead vote while $800,000 daily burn plan trails [14d]
• Bitcoin is trading at a premium on Coinbase after a long time. Here's what it means [14d]
• Bitcoin holds $80,000, solana leads majors higher before Warsh's Jackson Hole debut [14d]
• An XRP treasury company backed by Ripple is a shareholder vote away from Nasdaq [14d]