More recent crypto market stories with AI-assisted summaries and source links.
A U.S. appeals court has issued a ruling that confirms state powers over prediction markets, specifically concerning event contracts, according to CoinDesk. This decision creates a disagreement between federal courts regarding the regulation of these markets. The ruling indicates that the issue may now require resolution by the U.S. Supreme Court.
Live market data
Solana validators approved a proposal, SGP-0002 or Double Disinflation, to increase the network’s annual disinflation rate from 15% to 30%, with 67% support and over 60% participation, according to Cointelegraph. This change is expected to allow Solana to reach its 1.5% long-term inflation target in approximately 2.8 years, compared to 5.7 years previously, while reducing future SOL issuance by about 18.9 million over six years. The vote reflected differing views among major stakeholders, with Figment opposing the measure and Helius and Jupiter supporting it, and Kraken’s position shifting from against to in favor during the process. The governance vote coincides with strong investor interest in Solana-based financial products, such as the US-listed Solana ETF, which has surpassed $1 billion in assets, according to Bloomberg ETF analyst Eric Balchunas.
Get a free crypto news briefing in your inbox. No fake subscriber counts — just the latest source-backed headlines we cache.