📊 Kalshi Founder: All Financial Innovation Was Initially Seen as Gambling
On April 9, 2026, Tarek Mansour, founder of Kalshi, addressed whether prediction markets are considered gambling in an interview with Axios. He noted that all financial innovations were initially viewed as gambling, citing the stock market during the South Sea Bubble and grain futures in the early 20th century as examples. Mansour emphasized the need for precise definitions of gambling and speculation, asserting that prediction markets should not be merely equated with gambling.
On April 9, 2026, Tarek Mansour, founder of Kalshi, addressed whether prediction markets are considered gambling in an interview with Axios. He noted that all financial innovations were initially viewed as gambling, citing the stock market during the South Sea Bubble and grain futures in the early 20th century as examples. Mansour emphasized the need for precise definitions of gambling and speculation, asserting that prediction markets should not be merely equated with gambling.
🥷 #AAVE Aave files motion to lift court injunction blocking transfer of 30,766 #ETH to Arbitrum DAO victims of Kelp vulnerability. Cointelegraph #regulation
🏦 Banking associations claim that the Senate's proposal on rewards for $STABLECOINS "does not meet expectations."
theblock.co regulation #stablecoin
theblock.co regulation #stablecoin
🕵️ Polygon Wallet Adds Shielded USDC and USDT Payments
Polygon Labs has launched shielded stablecoin payments in its wallet, supporting USDC and USDT. Users can now choose a "Privately Send" option, which routes transfers through Hinkal’s shielded pool instead of a standard on-chain transfer.
The feature uses zero-knowledge proofs to hide the sender, receiver, and amount from on-chain observers. Each private transaction will undergo KYT screening before execution, and the protocol is non-custodial. #stablecoin
Polygon Labs has launched shielded stablecoin payments in its wallet, supporting USDC and USDT. Users can now choose a "Privately Send" option, which routes transfers through Hinkal’s shielded pool instead of a standard on-chain transfer.
The feature uses zero-knowledge proofs to hide the sender, receiver, and amount from on-chain observers. Each private transaction will undergo KYT screening before execution, and the protocol is non-custodial. #stablecoin
🇺🇸📊 According to SoSoValue data, on May 4 (ET), U.S. Bitcoin spot ETFs recorded a total net inflow of $532 million, marking the third consecutive day of inflows.
U.S. Ethereum spot ETFs saw a total net inflow of $61.29 million.
U.S. Ethereum spot ETFs saw a total net inflow of $61.29 million.
💼 #POL Polygon launches a payment system using private stablecoins aimed at institutional clients. #stablecoin
💰 #AI Haun Ventures raised $1 billion, expanding its focus from cryptocurrencies to AI, Cointelegraph
🙅 $DGB, $HOOK, $SLP, $RDNT, $GAME, $PORTALS, $USDD delisted from Bybit spot
🇦🇺💼 Coinbase Australia Launches Support for Cryptocurrencies for Pension Funds - theblock.co
🤔 CRYPTO EXCHANGE BULLISH STRIKES $4.2 BILLION DEAL FOR TRANSFER AGENT IN TOKENIZATION PUSH: WSJ
Crypto exchange Bullish to buy transfer agent Equiniti for $4.2 billion, including debt.
Bullish transaction for Equiniti expected to close in January pending regulatory approvals.
Equiniti services nearly 3,000 public companies including Berkshire Hathaway and Moody's. #regulation
Crypto exchange Bullish to buy transfer agent Equiniti for $4.2 billion, including debt.
Bullish transaction for Equiniti expected to close in January pending regulatory approvals.
Equiniti services nearly 3,000 public companies including Berkshire Hathaway and Moody's. #regulation
💸 $BTC punched $80K — and bears just paid $300M to learn it.
$BTC tagged $80,594 — first time since January.
$301.93M in shorts liquidated in 24h. Single biggest: an $11.77M $ETH/USDT short on Binance.
This is the second short squeeze in two weeks. The April 18 break of $77K already cost shorts $593M.
The tape isn't asking permission anymore.
$BTC tagged $80,594 — first time since January.
$301.93M in shorts liquidated in 24h. Single biggest: an $11.77M $ETH/USDT short on Binance.
This is the second short squeeze in two weeks. The April 18 break of $77K already cost shorts $593M.
The tape isn't asking permission anymore.
🐳 The whale Loracle.hl has sold 556,729 $HYPE for $22.9M at an average price of $41.16. He only holds 95.8 $HYPE now.
He also holds:
- 708,219 $HYPE ($32.5M) - loss of $1.756M
- 318.74 $BTC ($25.7M) - profit of $727K
- 147,286 $CL ($15.35M) - profit of $51K
- 33,432 $BRENTOIL ($7.16M) - profit of $45K
- 374.66 $PAXG ($1.7M) - loss of $271K
- 13,529,978 $CHIP ($778K) - loss of $221K
He also holds:
- 708,219 $HYPE ($32.5M) - loss of $1.756M
- 318.74 $BTC ($25.7M) - profit of $727K
- 147,286 $CL ($15.35M) - profit of $51K
- 33,432 $BRENTOIL ($7.16M) - profit of $45K
- 374.66 $PAXG ($1.7M) - loss of $271K
- 13,529,978 $CHIP ($778K) - loss of $221K
📊 $ETH funding flipped positive while $183M in outflows turned into inflows overnight.
Spot $ETH ETFs experienced four consecutive days of outflows into April's close, totaling $183.7M from April 27–30. On May 1, the trend reversed with $101.2M in inflows, including $43.2M from BlackRock's ETHA and $49.4M from Fidelity's FETH. Funding is now positive, with a 24-hour CVD also in the positive.
Spot $ETH ETFs experienced four consecutive days of outflows into April's close, totaling $183.7M from April 27–30. On May 1, the trend reversed with $101.2M in inflows, including $43.2M from BlackRock's ETHA and $49.4M from Fidelity's FETH. Funding is now positive, with a 24-hour CVD also in the positive.