BTC $80,793.53 -3.22%
ETH $2,419.62 -5.77%
BNB $723.19 -6.29%
XRP $1.34 -6.34%
SOL $107.47 -8.05%
TRX $0.3330 -0.77%
DOGE $0.0821 -7.43%
ADA $0.2279 -11.06%
BCH $277.79 -8.13%
LINK $12.31 -8.38%
HYPE $83.67 -5.06%
AAVE $162.09 -5.74%
SUI $1.01 -9.60%
XLM $0.1878 -6.00%
ZEC $1,137.08 -13.93%
AAPL $338.89 +0.83%
AMZN $257.00 -0.87%
GOOGL $348.23 +0.40%
MSFT $524.83 -0.73%
META $715.70 -1.32%
NVDA $230.77 -2.77%
TSLA $369.53 -1.98%
SNDK $1,602.84 -7.37%
INTC $105.87 -6.53%
SPCX $161.52 -3.35%
MU $1,037.24 -4.75%
AMD $616.19 -4.77%
BTC $80,793.53 -3.22%
ETH $2,419.62 -5.77%
BNB $723.19 -6.29%
XRP $1.34 -6.34%
SOL $107.47 -8.05%
TRX $0.3330 -0.77%
DOGE $0.0821 -7.43%
ADA $0.2279 -11.06%
BCH $277.79 -8.13%
LINK $12.31 -8.38%
HYPE $83.67 -5.06%
AAVE $162.09 -5.74%
SUI $1.01 -9.60%
XLM $0.1878 -6.00%
ZEC $1,137.08 -13.93%
AAPL $338.89 +0.83%
AMZN $257.00 -0.87%
GOOGL $348.23 +0.40%
MSFT $524.83 -0.73%
META $715.70 -1.32%
NVDA $230.77 -2.77%
TSLA $369.53 -1.98%
SNDK $1,602.84 -7.37%
INTC $105.87 -6.53%
SPCX $161.52 -3.35%
MU $1,037.24 -4.75%
AMD $616.19 -4.77%

rac

All
Article
Flash

first_img Decrypt launches Money Accounts on Solana, unifying balance coverage for prediction markets and perpetual contracts

According to Decrypt, Decrypt has announced that its self-custody Money Accounts are now live on Solana, providing readers with a single balance that can be used across all Decrypt products to support its financial and intelligence market, The Information Exchange. Decrypt co-founder Ilan Hazan stated that the goal is to achieve one account and one balance, allowing users to utilize various financial tools directly from where they obtain information, from prediction markets to perpetual contracts and swaps. Users can manage all positions in one place without worrying about wallets, cross-chain bridges, or public chains, with relevant partners to be announced in the coming weeks.Deposits and balances are denominated in USDT on Solana, and the same balance can support products such as Earn, Swaps, Predictions, and Perps. Gas and rent are sponsored through joint signatures by payers, so users do not need to hold SOL or consider network fees. The account operates in a self-custody mode, meaning Decrypt does not hold private keys and cannot perform operations on behalf of users, with a private key export feature coming soon. Cross-chain operations are completed at the underlying level; for example, the Myriad Predictions market settles on the BNB Chain, yet users can still trade using the same Solana USDT balance without needing to interact with a cross-chain bridge.Existing Myriad Wallet users can directly use Decrypt Money Accounts, with one account and one balance covering both Decrypt and Myriad without the need for migration.

first_img Jito's JTX plans to launch a mobile app this fall, with the possibility of integrating perpetual contracts in winter

During an interview with The Starting Block at the Digital Asset Summit 2026 Asia, Brian Smith, the president of Jito Foundation, the parent company of the Solana ecosystem trading platform JTX, stated that JTX plans to launch stock trading features within the next two weeks and will release a native mobile app later this fall. The integration of perpetual contracts "may take until later this winter." He mentioned that the team is currently focusing on differentiating the spot trading features.JTX launched in July this year, supporting spot trading for cbBTC, SOL, HYPE, and meme coins, while also offering tokenized stocks and ETFs. The platform charges a fee for each transaction, with 80% of the revenue allocated to Jito DAO for the buyback and destruction of JTO tokens, and 20% distributed to referrers. Smith did not disclose the trading volume since the launch but emphasized the speed of product iteration, stating that the team has two full-time data scientists mining on-chain data to develop in-app discovery features.Smith positioned JTX as a "permissionless Robinhood" for Solana, emphasizing longer holding periods and competitive rates, and noted that other Solana applications tend to focus on early meme coin trading. Regarding perpetual contracts, he acknowledged that Solana "has a lot of work to do" and affirmed Hyperliquid's role in pushing centralized exchange traders on-chain, while stating that Solana is the "king" in the spot trading space.

first_img Kalshi 15-minute gold contract fees surpass Ethereum, reaching 5 million dollars in September

The prediction market platform Kalshi launched its 15-minute gold contract in August, generating an estimated fee of approximately 5 million dollars in September, nearly double the 2.6 million dollars from Ethereum contracts during the same period. According to Predict Charts data, the gold contract had a trading volume of 542 million contracts that month, surpassing Ethereum's 318 million contracts. Bitcoin remains the dominant market, with estimated fees reaching 60.4 million dollars.The growth of the short-term gold market accompanies the overall expansion of Kalshi's commodities business. The company stated in September that commodity trading volume reached 400 million dollars within seven months, more than four times the trading volume generated by its crypto market in the same period. Kalshi noted that the crypto market demonstrated the potential for new categories on the platform to grow from tens of millions of dollars to billions of dollars in monthly trading volume. Data shows that the 15-minute Bitcoin contract, which will launch in December 2025, became Kalshi's largest market series outside of parlay bets in July; the 15-minute Ethereum contract grew from 6.1 million contracts to 233 million contracts between January and July 2026.The short-term financial market is taking up a larger share of Kalshi's business. Analysis released by InGame shows that in the seven days ending October 5, the 15-minute crypto, commodities, and financial markets generated 20.4 million dollars in fees, accounting for 80% of the platform's non-sports fees during the same period. The analysis also found that the short-term market contributed 13% of Kalshi's trading volume but accounted for 20% of the fees.

first_img The Ethereum L2 network Abstract supported by Pudgy Penguins will shut down on December 15

The consumer-grade Ethereum Layer 2 network Abstract, supported by Pudgy Penguins' parent company Igloo Inc., announced that it will gradually cease operations and officially shut down its mainnet on December 15, 2026. The official reasons given are stagnation in growth, thin liquidity, limitations in the DeFi ecosystem, and insufficient institutional adoption. Abstract warns users that they must transfer their assets across chains before the shutdown date, or they may lose access to their funds.Abstract stated that the network has deployed over 144 applications and has attracted more than 400,000 users through consumer-grade collaborations with brands such as Red Bull Racing and Disney. However, significant changes have occurred in the industry since the project's conception, and the independent chain model focused on consumer-grade crypto has ultimately proven difficult to sustain. Igloo has continuously funded Abstract for the past 18 months, with CEO Luca Netz revealing that cumulative losses have reached tens of millions of dollars. Igloo is now redirecting resources towards Pudgy Penguins and PENGU.In July 2024, Igloo completed a financing round of over $11 million led by Founders Fund, aimed at developing Abstract and leveraging Pudgy Penguins' distribution capabilities to bring consumers on-chain. The network launched its mainnet in January 2025. Netz stated that Igloo ultimately decided not to issue Abstract tokens and would not continue funding the network at the expense of Pudgy Penguins' business.
app_icon
ChainCatcher Building the Web3 world with innovations.