Kraken buys token vesting platform Magna, which hit peak TVL of $60 billion in 2025

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "be optimistic and believe that maybe the good guys can win, and you have some sort of influence, however small, over that outcome—just the belief, that somehow, someway, we'll find a path to get to where we need to go."

JUST IN: Charles Hoskinson says "we're happy with #Cardano $ADA's rate of progress: New Plutus, continued Aiken development, Node diversity and Leios this year, all the critical integrations, and the Pyth integration, finally we have a Tier-1 Oracle. Things are moving quickly."

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "Leios is still on schedule."

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "it's great to see good leadership at Midnight Foundation and Shielded, and getting the network launched. It's extremely hard to launch a cryptocurrency, so I'm really excited and proud that they're getting it done." $NIGHT

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Legal pressure builds Nevada regulators sued Kalshi over sports-related contracts, aiming to shut down what they consider unregulated sports betting. 6/7

CFTC vows to fight states CFTC Chair Mike Selig warned states attempting to block event contracts: “We will see you in court.” He said the agency will defend its “exclusive jurisdiction,” framing event contracts as federally regulated derivatives, not gambling. 5/7

Wall Street leans in On Feb. 19, Bitwise filed for “Prediction Shares” ETFs tracking election-market odds. Proposals include funds tied to the 2028 presidential race and 2026 midterms. Roundhill Financial and GraniteShares filed for similar products. 4/7

NYSE signals interest NYSE President Lynn Martin said prediction markets are increasingly used by traditional asset allocators. “It was very clear… [they were being used] as an input to traditional markets,” she said at the World Liberty forum. 3/7