News linked to both this project and an event.
According to official sources, Phantom stated that some user wallets encountered performance degradation issues during send and swap operations. The team is investigating and working to resolve the issue as soon as possible. Further updates will be provided once more information is available.
some Phantom wallet users are currently experiencing performance degradation when using transfer and swap functions. The team is investigating the issue and will provide timely updates on progress.
Hyperliquid and non-custodial wallet Phantom have jointly submitted a comment letter to the U.S. Commodity Futures Trading Commission (CFTC), calling for updates to regulatory rules for on-chain trading infrastructure. The two parties argue that current CFTC rules were designed for the traditional financial system, which relies on centralized intermediaries, and are not applicable to DeFi. They suggest clarifying that developing software for on-chain trading protocols does not require registration as an exchange or clearing agency, and that non-custodial wallet front-ends should not need to register as introducing brokers. They also propose allowing regulated institutions to use blockchain for trading and clearing operations. Previously, the CFTC and the U.S. SEC jointly released a request for comment in June, seeking industry input on regulatory rules affecting financial innovation. (The Block)
: John Wang, head of Kalshi's crypto business, posted on X platform, saying in a joking tone that "Kalshi is not a cryptocurrency company."John Wang stated that Kalshi is the first regulated platform in the United States to legally offer crypto perpetual contract trading; cryptocurrency-related prediction market trading volume accounts for approximately 70% of the platform's total trading volume, making it the second-largest business category. Meanwhile, Kalshi also serves as a liquidity layer for Coinbase and Phantom's frontend, and only accepts cryptocurrency for international deposits.He once again joked at the end: "That's right, Kalshi is not a cryptocurrency company."
According to Crunchbase, financial compliance startup Spektr has announced a $20 million Series A funding round, led by New Enterprise Associates, with participation from Northzone, Seedcamp, and PSV Tech. To date, the company has raised a total of $26 million. Spektr primarily provides AI Agent–based compliance services—including risk assessment and sanctions list monitoring—to cryptocurrency wallet service providers such as Phantom, as well as traditional financial institutions.