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Are you involved in the world of cryptocurrency and looking for new ways to engage with your digital assets? Get ready for some exciting news! A significant development is unfolding in the prediction market space that directly impacts how you might use your crypto. Before we dive into the big announcement, let’s quickly touch upon what Kalshi is. Imagine a platform where you can trade on the outcome of future events. Not stock prices or commodities, but real-world occurrences like ‘Will the US GDP grow by X% this quarter?’ or ‘Will a specific weather event happen?’. That’s the essence of Kalshi – it’s a regulated prediction market platform based in the United States. Prediction markets are fascinating because they allow people to bet (or trade) on the probability of events. The price of a contract on Kalshi reflects the market’s collective belief about the likelihood of that event occurring. They are often seen as a unique way to gauge public sentiment or even hedge against certain risks. Why does Kalshi matter? As a regulated entity, it brings a level of legitimacy and accessibility to prediction markets that wasn’t widely available before, especially in the US. It operates within a defined legal framework, making it distinct from some more decentralized or less regulated alternatives. The core news, initially reported by Walter Bloomberg on X, is that Kalshi has officially introduced support for crypto deposits. This means users now have an alternative method to fund their accounts beyond traditional methods like bank transfers or credit cards. This isn’t just a minor update; it’s a significant bridge being built between the traditional financial world, where platforms like Kalshi operate, and the rapidly growing digital asset ecosystem. For years, accessing platforms like this often required navigating conventional banking rails, which can sometimes be slow or restrictive for those whose wealth is primarily in digital assets. By integrating crypto deposit functionality, Kalshi is opening its doors wider to the cryptocurrency community, acknowledging the increasing prevalence and utility of digital currencies as a form of value and payment. Adding the ability to deposit crypto brings several tangible benefits to users interested in participating in the Kalshi prediction market: While specific steps can vary slightly depending on Kalshi’s implementation, the general process to deposit crypto on a platform like this typically involves the following: Users should always double-check the deposit address and network before sending funds, as sending crypto to the wrong address or network can result in permanent loss of funds. The integration of crypto deposits by a regulated platform like Kalshi is a significant indicator of the growing convergence between traditional finance and the crypto world. It signals that mainstream platforms are increasingly recognizing the need to accommodate users who hold digital assets. For the prediction market sector specifically, this move could attract a new demographic of users who were previously hesitant or found it inconvenient to use traditional funding methods. It could potentially increase liquidity and participation in the markets offered on Kalshi, leading to more robust price discovery on various event outcomes. This also sets a precedent. As one regulated platform successfully integrates crypto, others in similar or adjacent spaces might follow suit, further blurring the lines between centralized, regulated platforms and decentralized, crypto-native applications. While exciting, the integration of cryptocurrency deposits isn’t without potential challenges: Despite these challenges, the benefits of tapping into the vast cryptocurrency user base seem to outweigh the hurdles for Kalshi. Kalshi adding the ability to deposit crypto is part of a larger, undeniable trend. We are seeing increasing integration points between the crypto ecosystem and traditional financial services. From PayPal and Venmo adding crypto features to major banks exploring digital assets and institutions offering crypto investment products, the walls are coming down. This move by Kalshi reinforces the idea that cryptocurrency is moving beyond niche speculation and becoming a more fundamental part of the global financial infrastructure. As more platforms allow users to seamlessly deposit crypto, the utility and adoption of digital assets will likely continue to grow. Kalshi’s decision to support crypto deposits is a forward-thinking move that enhances accessibility and convenience for a significant segment of potential users. By building this bridge, the regulated prediction market platform is not only improving its own service but also contributing to the broader narrative of cryptocurrency integration into mainstream financial activities. For users, it means a more direct and potentially faster way to fund participation in event markets. For the industry, it’s another clear signal that digital assets are here to stay and are increasingly being recognized as legitimate forms of value by regulated entities. This seamless integration marks an exciting step for both Kalshi and the evolving relationship between prediction markets and the crypto world. To learn more about the latest cryptocurrency trends, explore our article on key developments shaping cryptocurrency adoption. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

$PI For over a week,I've been hearing about a certain burn.Prepare for the impossible with the core team. The only thing I know is that there are a certain number of Pis that should be in circulation,no more,no less,and that the core team must respect the rules. #PiNetwork

Polygon co-founder Mihailo Bjelic resigns, becoming the third co-founder to leave Polygon co-founder Mihailo Bjelic announced that he would "step down from his active role at Polygon and resign from the foundation's board of directors." He said: "As the project grows and matures, it is natural for visions to change and even diverge. I can no longer contribute to Polygon at my best." Bjelic will withdraw from the Polygon Labs and Polygon Foundation boards. This is the third co-founder to leave a core position after Jaynti Kanani and Anurag Arjun. (The Block)

Tether, the largest issuer of these digital tokens, says it will focus on markets beyond the United States as Congress further debates legislation to integrate stablecoins into the mainstream financial system. On Monday, the Senate advanced an industry-supported regulatory bill called the Genius Act. Meanwhile, the House Financial Services Committee has approved its stablecoin legislation , though the full House has not yet passed it. According to Paolo Ardoino, chief executive officer of Tether Holdings SA, they need to see how the Genius Act distinguishes between foreign and domestic issuers. He notes that their main interest will remain outside of the US. Tether’s USDT stablecoin, based in El Salvador , represents over 60% of the stablecoin market and serves 420 million users across emerging markets. Despite facing conflicts with state and federal regulators over the years, the company has grown more active in the US, encouraged by a more crypto-friendly regulatory climate under President Donald Trump’s administration. Ardoino made his first trip to the US in March, stopping in Washington during Trump’s inaugural digital-asset summit. He noted that they are looking at the Genius Act in a way that will allow them to be compliant. He continued to say they could comply while focusing strongly on foreign markets. The stablecoin bills currently under consideration in the House and Senate mandate that these tokens—typically pegged to the dollar or another currency—be fully backed by cash and “safe assets” like short-term Treasuries. They also require issuers to comply with the Bank Secrecy Act and anti-money-laundering regulations. Additionally, both bills would permit regulators to approve foreign issuers like Tether if they are governed by “comparable” regulations abroad. However, uncertainty remains regarding how strictly the law will enforce compliance for those who fail to meet the requirements. Ardoino said that stablecoins are important in the United States, but there are tons of ways to pay each other, such as Zelle, PayPal, debit cards, credit cards, and cash. Although Tether does not currently serve US customers, most of the private company’s reserves consist of assets that would comply with the proposed US legislation. However, the firm also backs its token with assets not permitted under the rules, such as Bitcoin and secured loans. Given its size, Tether would fall under federal regulation if it sought a US license under these regulations. In 2021, Tether settled with US authorities over accusations that it misrepresented its reserves. Cantor Fitzgerald & Co., formerly led by Howard Lutnick, who served as Trump’s Secretary of Commerce, manages those reserves. Ardoino has indicated that the company may issue a new stablecoin designed to meet these regulatory requirements, potentially making it more appealing to institutional investors. The more supportive regulatory climate in the US has also motivated Tether to move closer to obtaining a full audit of its reserves by a Big Four accounting firm, which Ardoino said is still under discussion. Currently, Tether provides quarterly attestations certified by BDO Italia SpA. “They are going through a phase of adjustment, but a full audit is our priority,” Ardoino said. Stablecoins have become crucial to the functioning of crypto markets, with about $243 billion of them in circulation in May 2025. On Friday, the Wall Street Journal reported that a consortium of major banks, including JPMorgan Chase , Bank of America, Citigroup, and Wells Fargo, are exploring whether to issue a stablecoin jointly. Ardoino expressed confidence that competition from traditional banking giants would have minimal impact on Tether’s core business. While major U.S. banks are considering launching their own stablecoin, Tether remains focused on underserved global markets. According to Ardoino, these banks are likely to concentrate on Western economies, whereas Tether continues to target the roughly 3 billion unbanked individuals worldwide who remain outside the traditional financial system. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

Cetus Protocol is the largest decentralized exchange (DEX) on the Sui blockchain, offering capital-efficient trading through concentrated liquidity pools. On May 22, 2025, Cetus was exploited for $260 million in one of the biggest DeFi attacks this year. The attacker used spoofed tokens—fake tokens posing as legitimate assets—to manipulate liquidity pools. By exploiting weaknesses in token verification, the attacker tricked the protocol into swapping real funds for fake ones, siphoning off massive liquidity in minutes. Sui Network and the Sui Foundation quickly responded to the crisis. In partnership with Inca Digital, they backed a $5 million bounty for any information leading to the identification and arrest of the attacker(s). "Our priority remains protecting the community and supporting a positive resolution," Sui Network posted on X. So far, the attacker has not responded, and no arrests have been made. But the bounty remains active, and the investigation is ongoing. Following the hack, SUI is now trading at approximately $3.68 , down about 5.5% in the last 24 hours. The drop reflects shaken investor confidence and renewed fears around DeFi safety, despite Sui’s core infrastructure remaining intact. SUI is testing psychological support at $3.60–$3.50. RSI near 40 suggests moderate bearish momentum with room for recovery. Volume spikes hint at both fear-driven exits and strategic accumulation. Despite short-term pain, SUI’s long-term fundamentals remain solid: Ongoing ecosystem development and institutional support. Strong DeFi adoption—although now under review. Immediate transparency and proactive communication by the Sui Foundation. Bullish Case: If sentiment stabilises and a resolution emerges, SUI could rebound toward $4.20–$4.50 in the coming weeks. Bearish Case: If no progress is made on fund recovery and community distrust escalates, SUI may dip to $3.20, with $2.80 as a critical long-term support. While the Sui protocol itself wasn’t breached, the exploit highlights urgent needs in the ecosystem: The Sui Foundation’s rapid response, combined with financial support and public transparency, could help turn this crisis into a learning opportunity—paving the way for tighter security and greater long-term trust. Cetus Protocol is the largest decentralized exchange (DEX) on the Sui blockchain, offering capital-efficient trading through concentrated liquidity pools. On May 22, 2025, Cetus was exploited for $260 million in one of the biggest DeFi attacks this year. The attacker used spoofed tokens—fake tokens posing as legitimate assets—to manipulate liquidity pools. By exploiting weaknesses in token verification, the attacker tricked the protocol into swapping real funds for fake ones, siphoning off massive liquidity in minutes. Sui Network and the Sui Foundation quickly responded to the crisis. In partnership with Inca Digital, they backed a $5 million bounty for any information leading to the identification and arrest of the attacker(s). "Our priority remains protecting the community and supporting a positive resolution," Sui Network posted on X. So far, the attacker has not responded, and no arrests have been made. But the bounty remains active, and the investigation is ongoing. Following the hack, SUI is now trading at approximately $3.68 , down about 5.5% in the last 24 hours. The drop reflects shaken investor confidence and renewed fears around DeFi safety, despite Sui’s core infrastructure remaining intact. SUI is testing psychological support at $3.60–$3.50. RSI near 40 suggests moderate bearish momentum with room for recovery. Volume spikes hint at both fear-driven exits and strategic accumulation. Despite short-term pain, SUI’s long-term fundamentals remain solid: Ongoing ecosystem development and institutional support. Strong DeFi adoption—although now under review. Immediate transparency and proactive communication by the Sui Foundation. Bullish Case: If sentiment stabilises and a resolution emerges, SUI could rebound toward $4.20–$4.50 in the coming weeks. Bearish Case: If no progress is made on fund recovery and community distrust escalates, SUI may dip to $3.20, with $2.80 as a critical long-term support. While the Sui protocol itself wasn’t breached, the exploit highlights urgent needs in the ecosystem: The Sui Foundation’s rapid response, combined with financial support and public transparency, could help turn this crisis into a learning opportunity—paving the way for tighter security and greater long-term trust.