Latest
DeFi
Coinbase Launches 15-Minute And Hourly Crypto Price Markets
Coinbase added short-dated up-or-down contracts on bitcoin, ether and eight other tokens to its prediction markets on Tuesday. Kalshi lists the contracts and already runs the same 15-minute markets on its own exchange.

Blockchains
Abstract to Shut Down Ethereum Layer 2 on Dec. 15
Users can withdraw through the Migration Hub or native bridge, while the team plans to help apps move to other chains.

Regulation & Politics
Conduit Sues Tether Over $2.76 Million in Frozen USDT
The payments firm seeks a court order restoring access to its treasury wallet, saying the loss of working capital has slowed client settlements.

TradFi & Fintech
Winklevoss Files for Zcash ETF With 0.25% Fee
Winklevoss Capital Fund has indicated interest in buying up to $100 million of shares, but the potential purchase is nonbinding.

Blockchains
Ethereum Validator Count Falls to 863,000 as Staked ETH Edges Higher
Pectra lets operators combine validator balances, reducing network overhead without requiring them to withdraw their ETH.
DeFi
Firelight Begins Writing DeFi Cover Backed By Staked XRP
The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.

DeFi
Tokenized Stocks Grew 395% in a Year While DeFi Use Stayed Under 3%
RedStone's report puts lending collateral at roughly $81 million against $3.17 billion of supply, with leveraged equity exposure onchain sitting almost entirely in perpetual futures

Blockchains
Ethereum’s Glamsterdam Upgrade Activates on Sepolia
The first two upgraded epochs finalized, while early blocks began a gradual gas-limit climb from 60 million toward a 200 million client target.

TradFi & Fintech
Circle and SC Ventures Back OKX at $25 Billion Valuation
Ripple and hedge fund QRT also joined the financing, an extension of the March round backed by NYSE owner ICE. The amount raised was not disclosed.

TradFi & Fintech
Rain Seeks US Trust Bank Charter for Stablecoin Issuance
The proposed subsidiary would also hold client assets and manage stablecoin reserves, but would not accept deposits or make commercial loans.





