News linked to both this project and an event.
Dallas Fed President Logan stated that the Federal Reserve's policy stance has drifted off track, recommending rate hikes of at least 50 basis points to combat inflation. Logan noted that several more rate increases are necessary to offset last fall's rate cuts, emphasizing that the moderately restrictive interest rate level remains uncertain.
According to Tech.eu, venture capital giant DIG Ventures has announced that its third fund has raised $120 million. Backed by Horsley Bridge, Sofina, Granite, and an endowment fund from a top U.S. university among other institutions, the fund will invest in AI-native enterprise software and cloud infrastructure startups at the Pre-seed and seed stages. Its investment focus covers infrastructure areas supporting AI-native enterprise software development, such as data, identity authentication, compliance, and orchestration. The fund plans to lead most investment rounds and has already begun deploying capital.
Odaily News: Prediction market operator Kalshi is in negotiations for a $1 billion funding round at a target valuation of $40 billion. Existing investors Sequoia Capital and Wellington Management are in discussions to lead the round, with Tiger Global and Dragoneer Investment Group also participating in talks.The funding round has not yet been finalized, and the final list of investors and closing date have not been disclosed. Kalshi raised $300 million at a $5 billion valuation in October 2025, and completed a $1 billion funding round at a $22 billion valuation in May 2026.The U.S. Sixth Circuit Court of Appeals ruled against Kalshi on September 25 in lawsuits involving Ohio and Tennessee, allowing the two states to regulate its sports contracts under gambling laws. Kalshi argues that its products are regulated by the U.S. Commodity Futures Trading Commission. (Bitcoin.com News)
Federal Reserve Bank of New York President John Williams stated that if U.S. macroeconomic and employment data continue to meet expectations, the Federal Reserve may implement another rate hike this year. The remark clarifies the potential direction of tighter monetary policy for the remainder of the year.
According to Chaowang Research, Goldman Sachs' research report dated September 16, 2026, indicates that the Federal Reserve will raise the target range for the federal funds rate by 25 basis points to 3.75%-4.00%, marking its first rate hike since July 2023 and passing unanimously. The dot plot median indicates another rate hike in 2026, unchanged policy in 2027, and an increase in the long-run federal funds rate expectation from 3.06% to 3.25%. The SEP raises the 2026 core PCE inflation forecast to 3.4% and the overall PCE to 3.7%.
Odaily News: Alkemya Metacore is preparing to issue a new security, ALKN, linked to its inventory of high-purity nickel wire, with plans to raise $50 million through tokenization. The related inventory is valued at $1.6 billion, approximately 7 million meters, and is currently stored in Switzerland. The nickel wire is primarily used in semiconductors, aerospace, and defense sectors. The raised funds will be used to support its operating subsidiary, Green Transitional Metals, in the research, development, and commercialization of nickel products in areas such as electromagnetic shielding, aerospace and defense, semiconductors, power industry systems, green hydrogen, and precious metal recycling. Bitfinex Securities will facilitate the listing of ALKN, with the initial subscription for qualified investors open until October 15. This product is described as one of the world's first tokenized nickel products and the first tokenized commodity issuance under El Salvador's digital asset regulatory framework.
The U.S. Securities and Exchange Commission (SEC) on Tuesday proposed new rules that would allow crypto projects to raise funds without full securities registration. The proposed "crypto asset regulation" includes two exemptions: projects raising no more than $5 million over a 4-year period, and issuers raising no more than $75 million every 12 months, subject to filing financial statements and ongoing reports. Both exemptions require information disclosure and remain subject to federal anti-fraud and anti-manipulation rules. The proposal also includes a conditional safe harbor, allowing issuers to "decouple" crypto assets from the investment contracts under which they were issued, provided SEC conditions are met. SEC Commissioner Hester Peirce stated that the exemptions will not cover all types of crypto projects, and the Commission will refine the rules based on market developments. The SEC canceled a related meeting last week citing "unforeseen scheduling issues," and resumed advancing the proposal days later. (Decrypt)
the Korea Exchange has drafted amendments to the "Securities Market Business Regulations Implementation Rules," which will raise the minimum trading unit for single-stock leveraged ETFs from the current 1 share to 20 shares, and for ETNs from 1 security to 20 securities. The exchange is currently seeking market feedback.It is understood that South Korean financial regulators originally planned to implement this measure in November, but given the rising speculative trading in single-stock leveraged products and the need to cool it down ahead of schedule, the exchange is pushing for implementation as early as next month. In addition to raising the trading unit, regulators will also strengthen investor protection measures. New retail investors must complete at least 5 trading days of simulated trading—1 hour per day, totaling 5 hours—before participating in single-stock leveraged product trading. (EDaily)
Odaily News: The U.S. Securities and Exchange Commission (SEC) will hold a public meeting on August 14 to consider proposing a "Regulation Crypto" rule framework that would allow certain crypto projects to raise funds without completing full securities registration. If public comment is initiated, this would mark the SEC's first formal, long-term crypto industry rulemaking. The framework is expected to establish a pathway for exiting SEC oversight: after project developers raise funds, if they no longer actively manage the project and the project achieves decentralization, it may fall outside SEC jurisdiction. SEC Chair Paul Atkins has previously stated that the exemption period could last up to four years, though the announcement did not disclose funding amount thresholds. The U.S. Senate did not advance the Digital Asset Market Clarity Act before entering its August recess. The final rule will still take several months to complete, and the meeting will be held at 10:00 a.m. ET on August 14. (Decrypt)
prediction market platform Kalshi is in talks to raise a new round of funding at a valuation of approximately $40 billion, with a potential deal closing as early as the third quarter. Last month, Kalshi completed a $1 billion funding round from investors including Sequoia Capital, Andreessen Horowitz, Coatue, and Morgan Stanley, at a valuation of $22 billion.Kalshi CEO Tarek Mansour stated that the company is considering an IPO, but it will not go public in 2026, with a potential listing likely no earlier than late 2027 or 2028. Kalshi reported that as of April 2026, its annualized trading volume reached $178 billion, a 32-fold increase year-over-year.Kalshi is currently embroiled in a legal dispute between U.S. state and federal regulators over the oversight of prediction markets. The controversy includes whether sports event contracts constitute derivatives regulated by the CFTC or illegal gambling. CME has sued the CFTC over its approval of Kalshi's "perpetual" futures, Kentucky sued Kalshi and Polymarket this month, and the CFTC subsequently sued Kentucky to block its enforcement action. (Decrypt)
Odaily Odaily News, Federal Reserve's Logan stated that Fed officials may need to raise interest rates later this year to bring inflation down to the 2% target level. She noted that the U.S. labor market is "largely in balance," investment in the AI sector is booming, and financial conditions remain "loose." However, she added that the current inflation trend does not appear to be heading back towards the Fed's 2% target. "These conditions suggest that current monetary policy is not exerting a restraining effect on the economy," "I am increasingly concerned that, in order to fully restore price stability and appropriately balance both aspects of the Fed's 'dual mandate,' interest rate hikes may be necessary later this year." (Jin Shi)
Odaily News Kevin Warsh stated during a Senate hearing that digital assets "have become part of the U.S. financial system" and supports their inclusion into the financial system to provide investors with more opportunities and protection.This statement is seen as a signal of a generally more open policy towards the cryptocurrency industry should he become the Federal Reserve Chair. Warsh has previously referred to Bitcoin as an "important asset that aids in policy-making."However, Elizabeth Warren expressed concerns during the hearing, mentioning potential risks in the crypto space such as "sock puppet" accounts, emphasizing the need for enhanced regulation and prevention of abuse.