Charles Schwab Plans to Introduce Prediction Markets With Cboe for Wagering on the S&P 500's Performance: WSJ

The Sentinel Action Fund, supported by the Solana Policy Institute, plans to spend $8 million on Jon Husted, the Republican candidate opposing former Senator Sherrod Brown in the Ohio Senate election. The PAC, funded by various sources including the Solana Institute and Multicoin Capital, aims to influence the outcome of the election.

World Liberty Financial's governance proposal outlines a four-year vesting schedule for early supporters, subject to a two-year cliff and two-year vesting period. The proposal also includes a five-year vesting schedule for founders, team members, advisors, and partners.

An AI-produced movie titled "Bitcoin: Killing Satoshi" is set to feature a star-studded cast and a $70 million budget, with AI tools assisting in the production. The film, shot inside a former car showroom, uses AI for settings and lighting while real actors perform without alteration.

Fellowship PAC, backed by $11 million, has spent $3 million on political ads through a company co-founded by Tether US CEO Bo Hines. The super PAC supports Republican candidates and received funding from Cantor Fitzgerald and Anchorage Digital.

Tether recently added $70 million worth of Bitcoin to its reserves, following a strategy of accumulating BTC tied to its stablecoin business. The wallet now holds 97,141 BTC, making Tether one of the largest Bitcoin holders globally.

BitMine Immersion Technologies reported a net loss of $3.81 billion in the last quarter, mainly due to unrealized losses from its Ethereum holdings. The firm's losses over a six-month period exceeded $9 billion, impacting its financial results significantly.

eToro has acquired Zengo for $70 million, merging 40 million users with Zengo's secure wallet technology. The deal combines eToro's trading infrastructure with Zengo's MPC cryptography, serving over 2 million users globally since 2018.

Pakistan has lifted its ban on banks providing crypto services, aligning with the Virtual Assets Act of 2026. Banks can now offer services to registered Virtual Asset Service Providers, keeping VASP funds separate from standard client accounts to comply with anti-money laundering regulations.

High Roller Technologies' shares surged over 80% after partnering with Crypto.com Derivatives North America to launch a prediction markets offering. The CEO views this as a strategic growth opportunity in a sector projected to reach $1 trillion in annual trading volumes by 2030.

The proposed Bitcoin upgrade, BIP-361, aims to phase out existing signature schemes and freeze coins not migrated to quantum-resistant addresses. It introduces a three-phase timeline to enhance network security against potential quantum attacks.