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The Daily: Trump’s Truth Social gets into prediction markets, Circle launches Arc public testnet, MetaMask goes multichain, and more

The Block
Key crypto news includes Truth Social launching prediction markets, Circle's Arc testnet debut, and MetaMask enabling multichain accounts.

Summary

The daily crypto update highlights several major developments. Trump Media & Technology Group's Truth Social is partnering with Crypto.com to launch "Truth Predict," allowing users to trade event contracts on politics and markets, integrating with the Cronos token. In infrastructure news, Circle launched the public testnet for Arc, its new Layer 1 blockchain designed for enterprise activity, with over 100 institutions like BlackRock and Visa participating; Arc will use USDC as its native gas token. MetaMask has rolled out multichain accounts, allowing users to manage EVM, Solana, and soon Bitcoin addresses from a single wallet interface. Other news includes tokenization firm Securitize planning to go public via a SPAC deal, Western Union planning a Solana stablecoin launch in early 2026, and TeraWulf expanding its AI focus through a joint venture with Fluidstack. Finally, Metaplanet initiated a share buyback program to address its declining mNAV ratio.

(Source:The Block)