RedStone’s partnership with Kalshi bridges regulated event data and DeFi, unlocking new use cases across over 110 networks. Oracle provider RedStone has integrated event-driven market data from the US Commodity Futures Trading Commission (CFTC)-regulated financial exchange and prediction market Kalshi across over 110 blockchains, expanding access to real-world prediction data for decentralized applications (DApps). RedStone announced the partnership with Kalshi on Thursday, bringing its prediction market data to more than 110 networks, including Ethereum, Solana, Base, The Open Network and Sui. The integration allows DApps to access Kalshi’s data sets that cover events like elections, interest rate decisions and cultural moments like musician Taylor Swift’s live television appearances. The CFTC regulates Kalshi as a designated contract market (DCM), which means markets listed on Kalshi must receive CFTC approval before trading. On Oct. 10, Kalshi raised $300 million to expand its prediction markets to over 1...
Latin Americans are using stablecoins and crypto to combat inflation and access banking services where traditional systems have failed, according to the co-CEO of Bybit LATAM. The Latin American region is tapping into blockchain-based services for payments and access to financial services, signaling that the crypto industry serves more than just financial speculators chasing the next memecoin pump. Latin American citizens are increasingly using cryptocurrency to replace the region’s inadequate banking infrastructure, allowing them to facilitate digital payments and create stablecoin-based savings accounts. “LATAM adoption is quite high. People are using stablecoins for daily life, so it’s a whole different market,” said Patricio Mesri, co-CEO of cryptocurrency exchange Bybit’s Latin American division. “Crypto is actually changing the lives of people. You see adoption in Argentina, Venezuela, Bolivia and Mexico increasing rapidly,” he told Cointelegraph during an interview at the European Blockchain Convention...
Andreessen Horowitz is reportedly raising about $10 billion for new AI and defense investments, notably excluding crypto, despite its bullish stance on decentralization. Venture capital firm Andreessen Horowitz (a16z) is reportedly seeking to raise about $10 billion to invest in the artificial intelligence and defense industries, but crypto, long one of its flagship sectors, is notably missing. According to a Thursday Financial Times report citing anonymous sources, a16z is aiming to raise about $10 billion for new investments, including $6 billion for investing in more mature companies, $1.5 billion for each of the company’s AI applications and AI infrastructure funds, and over $1 billion for a defense and manufacturing-focused vehicle. No crypto-focused fund was mentioned, marking a rare omission for one of Silicon Valley’s most influential backers of the digital asset industry. Read more
Turkey’s $200 billion crypto market leads the MENA region, but has been fueled more by speculative activity than by sustainable adoption, according to Chainalysis. Turkey has emerged as the leading crypto market in the Middle East and North Africa (MENA) region in 2025, with volumes significantly outpacing those of other markets, including the United Arab Emirates. Turkey, which has grappled with high inflation in recent years, dominated MENA’s crypto market in the past year, recording almost $200 billion in annual transactions, according to the latest regional report by Chainalysis published Thursday. The UAE, the region’s second-largest market, lagged far behind, with crypto volumes of $53 billion, almost four times smaller than those of Turkey. Read more