Gate Cryptocurrency News and Market Analysis

In brief Balancer Labs is winding down after a $128 million exploit left the company facing legal exposure and no sustainable revenue. The protocol will continue under a DAO, foundation, and service-provider structure, with staff potentially moving to a new operating entity. Experts say t

Delaware lawmakers introduced Senate Bill 19 on Monday afternoon, aiming to establish one of the nation’s first state-level regulatory regimes for payment stablecoins aligned with federal law. SB19 Requires 1:1 Reserves and Monthly Audits for

According to Q1 2026 reports, activity across a major crypto-based betting platform increased in its core markets—basketball, tennis, and soccer. Basketball betting volume, compared to the same period in 2025, nearly doubled, while tennis and soccer recorded increases of around 50% and 30%,

Federal prosecutors have raised doubts about the authenticity of a letter submitted to the court in support of Sam Bankman-Fried’s motion for a new trial, noting that the document was shipped via FedEx from Palo Alto or Menlo Park, California—rather than from the federal prison where he is incarcerated—and carried a typed digital signature instead of a handwritten one.

The U.S. Securities and Exchange Commission (SEC) has forwarded its proposed interpretive guidance on digital asset classification to the White House Office of Management and Budget (OMB), with government records showing the proposal as “pending review” as of March 23, 2026.

Hostplus, one of Australia’s largest pension funds with more than A$150 billion ($105 billion) in assets under management, is considering adding bitcoin and other digital assets to its self-directed investment option, according to a March 23, 2026, announcement from Chief Investment Officer Sam Sicilia.

Prediction market platform Kalshi has implemented measures prohibiting political candidates and known sports participants from placing bets on related markets. This move reflects regulatory concerns about insider trading and comes alongside bills proposed by both Democratic and Republican parties attempting to ban event contracts similar to sports betting. Kalshi's CEO has voiced strong opposition to the legislation, characterizing it as an action to protect casino interests. If passed, the bill would impact multiple prediction market platforms, with the core dispute centering on the allocation of regulatory authority.

NovaBay Pharmaceuticals has rebranded as Stablecoin Development Corporation and shifted focus to crypto, using a $134 million private placement to invest in SKY tokens from the Sky protocol, holding 2.06 billion tokens valued at $147 million.

Hey Anon launches Pandora, a decentralized AI-driven prediction market on Ethereum, empowering users to create transparent markets without central control. The platform features unique AI consensus mechanisms and aims to innovate the prediction market landscape.

Balancer Labs, the development entity behind the decentralized finance (DeFi) protocol Balancer, announced on March 23, 2026, that it is winding down operations following months of financial strain, legal exposure from a $116 million exploit in November 2025, and an unsustainable cost structure.

Banks are increasingly testing tokenized deposits as a practical way to move traditional commercial bank money onto blockchain-based payment and settlement rails. A new report from the real-world asset data platform RWA.io, with input from UK Finance, Citi, BNY, JPMorgan’s Kinexys, Standard

BERLIN, GERMANY, December 31, 2025 - As the crypto industry enters a critical "year of reckoning" in 2026, WebZero has officially announced its launch of Polar to revolutionise how Web3 companies track, measure, and scale their physical event presence. With industry research indicating that >90% of

Bitmine Immersion Technologies (BMNR) purchased 65,341 ether, raising its total to 4.66 million tokens. This marks a buying surge amid a market downturn, with the firm believing crypto markets are nearing an end to their slump, despite ongoing unrealized losses.

Prediction market platforms Kalshi and Polymarket announced new trading restrictions on March 23, 2026, addressing insider trading concerns on the same day that a bipartisan group of U.S. lawmakers introduced legislation to ban event contracts resembling sports betting or casino-style games.