diff --git a/src/components/announcements/Markdown.tsx b/src/components/announcements/Markdown.tsx
index b2c9946..a2cd35d 100644
--- a/src/components/announcements/Markdown.tsx
+++ b/src/components/announcements/Markdown.tsx
@@ -1,3 +1,4 @@
+import { createContext, useContext } from 'react';
 import ReactMarkdown from 'react-markdown';
 import remarkGfm from 'remark-gfm';
 import type { ComponentPropsWithoutRef } from 'react';
@@ -6,6 +7,21 @@ export interface MarkdownProps {
   children: string;
 }
 
+/**
+ * Whether the `code` being rendered sits inside a fenced block.
+ *
+ * react-markdown v10 removed the `inline` prop its `code` component used to
+ * receive, and the usual replacement — "treat `className: language-*` as a
+ * block" — is wrong: a fence written without a language gets no className at
+ * all and would silently fall back to inline styling. The `pre` component
+ * below is the only thing that reliably knows, so it says so here.
+ *
+ * Descendant CSS would be the other way to do this (`pre code { … }`), but
+ * the inline-code style sets its background through a `style` attribute,
+ * which no class from an ancestor can override.
+ */
+const InCodeBlock = createContext(false);
+
 /**
  * The one place in this library that renders announcement body text. Deliberately
  * carries no `rehype-raw` and no `dangerouslySetInnerHTML` — react-markdown parses
@@ -14,6 +30,12 @@ export interface MarkdownProps {
  * element the DOM would execute. That is the whole security model here: there is
  * nothing to sanitise because raw HTML is never turned into elements in the first
  * place. Do not add `rehype-raw` to this file.
+ *
+ * Every element markdown (plus GFM) can produce is given a style. An element
+ * left out does not fail loudly — it renders at browser defaults, which on
+ * this dark card means an invisible `<hr>`, a borderless table and a quote
+ * indistinguishable from a paragraph. The composer accepts all of it, so all
+ * of it is styled here.
  */
 export function Markdown({ children }: MarkdownProps) {
   return (
@@ -24,15 +46,86 @@ export function Markdown({ children }: MarkdownProps) {
           h1: props => <h1 className="text-lg font-semibold mt-4 mb-2" style={{ color: 'var(--text-primary)' }} {...props} />,
           h2: props => <h2 className="text-base font-semibold mt-4 mb-2" style={{ color: 'var(--text-primary)' }} {...props} />,
           h3: props => <h3 className="text-sm font-semibold mt-3 mb-1.5" style={{ color: 'var(--text-primary)' }} {...props} />,
+          // h4 and below share h3's treatment: past the third level the
+          // distinction is decorative, and an announcement that nests deeper
+          // than that has a structure problem no type scale will fix. What
+          // matters is that they stop rendering at browser defaults, which
+          // made an h4 smaller than the body text around it.
+          h4: props => <h4 className="text-sm font-semibold mt-3 mb-1.5" style={{ color: 'var(--text-primary)' }} {...props} />,
+          h5: props => <h5 className="text-sm font-semibold mt-3 mb-1.5" style={{ color: 'var(--text-primary)' }} {...props} />,
+          h6: props => <h6 className="text-sm font-semibold mt-3 mb-1.5" style={{ color: 'var(--text-primary)' }} {...props} />,
           p: props => <p className="mb-2 last:mb-0" {...props} />,
           ul: props => <ul className="list-disc pl-5 mb-2 space-y-1" {...props} />,
           ol: props => <ol className="list-decimal pl-5 mb-2 space-y-1" {...props} />,
           li: props => <li {...props} />,
           strong: props => <strong className="font-semibold" style={{ color: 'var(--text-primary)' }} {...props} />,
-          code: props => (
-            <code
-              className="px-1 py-0.5 rounded text-xs"
-              style={{ background: 'var(--bg-hover)', fontFamily: 'var(--font-mono)' }}
+          del: props => <del className="line-through opacity-70" {...props} />,
+          blockquote: props => (
+            <blockquote
+              className="border-l-2 pl-3 my-2 italic"
+              style={{ borderColor: 'var(--border)' }}
+              {...props}
+            />
+          ),
+          hr: props => <hr className="my-4 border-0 h-px" style={{ background: 'var(--border)' }} {...props} />,
+          // The block owns the background and the scrolling; `code` inside it
+          // only carries the monospace face. A release note's install command
+          // routinely runs wider than this card, and a block that widens the
+          // card instead of scrolling inside it breaks the whole page layout.
+          pre: props => (
+            <InCodeBlock.Provider value={true}>
+              <pre
+                className="rounded-lg p-3 mb-2 overflow-x-auto text-xs"
+                style={{ background: 'var(--bg-hover)' }}
+                {...props}
+              />
+            </InCodeBlock.Provider>
+          ),
+          // A named, PascalCase function rather than an arrow: it calls a
+          // hook, so it has to read as a component to both React and the
+          // rules-of-hooks lint.
+          code: function Code(props) {
+            const inBlock = useContext(InCodeBlock);
+            if (inBlock) {
+              return <code style={{ fontFamily: 'var(--font-mono)' }} {...props} />;
+            }
+            return (
+              <code
+                className="px-1 py-0.5 rounded text-xs"
+                style={{ background: 'var(--bg-hover)', fontFamily: 'var(--font-mono)' }}
+                {...props}
+              />
+            );
+          },
+          // GFM tables: the wrapper scrolls, for the same reason the code
+          // block does — a comparison table of SDK versions is wider than a
+          // 512px modal long before it is unreasonable to write.
+          table: props => (
+            <div className="overflow-x-auto mb-2">
+              <table className="w-full text-xs border-collapse" {...props} />
+            </div>
+          ),
+          th: props => (
+            <th
+              className="text-left font-semibold px-2 py-1 border-b"
+              style={{ borderColor: 'var(--border)', color: 'var(--text-primary)' }}
+              {...props}
+            />
+          ),
+          td: props => (
+            <td className="px-2 py-1 border-b align-top" style={{ borderColor: 'var(--border)' }} {...props} />
+          ),
+          // `![alt](url)` is markdown, not raw HTML, so this element exists
+          // whether or not it is styled — the src has always been the
+          // author's to choose. `no-referrer` keeps the reader's current URL
+          // from reaching whatever host that is; `lazy` keeps an image in a
+          // long body from competing with the text for the first paint.
+          img: ({ alt, ...props }: ComponentPropsWithoutRef<'img'>) => (
+            <img
+              alt={alt ?? ''}
+              className="max-w-full h-auto rounded-lg my-2"
+              loading="lazy"
+              referrerPolicy="no-referrer"
               {...props}
             />
           ),
diff --git a/src/components/announcements/__tests__/Markdown.test.tsx b/src/components/announcements/__tests__/Markdown.test.tsx
new file mode 100644
index 0000000..7527c2c
--- /dev/null
+++ b/src/components/announcements/__tests__/Markdown.test.tsx
@@ -0,0 +1,86 @@
+import { describe, it, expect } from 'vitest';
+import { render } from '@testing-library/react';
+import { Markdown } from '../Markdown.js';
+
+/**
+ * Everything below is about markdown an author can actually type into the
+ * composer's Body field and that used to reach the reader unstyled — a code
+ * block wearing inline-code's pill, a GFM table with no rules, a quote
+ * indistinguishable from a paragraph. Class-name assertions are the honest
+ * test here: the defect is that no rule applied at all, so what has to be
+ * proven is that one does.
+ */
+describe('Markdown', () => {
+  it('renders a fenced code block as a scrollable block, not as inline code', () => {
+    const { container } = render(
+      <Markdown>{'```ts\nconst providers = createWalletApiProviders(base, { baseUrl, network });\n```'}</Markdown>,
+    );
+
+    const pre = container.querySelector('pre');
+    expect(pre).toBeTruthy();
+    // A long line must scroll inside the block instead of pushing the modal
+    // wider than the viewport.
+    expect(pre!.className).toContain('overflow-x-auto');
+    // The block owns the background; the code inside it must not also wear
+    // the inline pill's, which is what a single `code` override produced.
+    expect(pre!.querySelector('code')!.getAttribute('style') ?? '').not.toContain('--bg-hover');
+  });
+
+  it('renders a fenced block with no language the same way as one with a language', () => {
+    // The obvious shortcut — treat `className: 'language-*'` as "block" — is
+    // wrong: a fence without a language gets no className at all and would
+    // fall back to inline styling.
+    const { container } = render(<Markdown>{'```\nnpm install\n```'}</Markdown>);
+    expect(container.querySelector('pre')!.querySelector('code')!.getAttribute('style') ?? '')
+      .not.toContain('--bg-hover');
+  });
+
+  it('keeps the pill styling for inline code', () => {
+    const { container } = render(<Markdown>{'Run `npm install` first.'}</Markdown>);
+    const code = container.querySelector('code')!;
+    expect(code.closest('pre')).toBeNull();
+    expect(code.getAttribute('style') ?? '').toContain('--bg-hover');
+  });
+
+  it('gives a gfm table its own rules rather than leaving it borderless', () => {
+    const { container } = render(<Markdown>{'| Version | Status |\n| --- | --- |\n| 0.14.3 | current |'}</Markdown>);
+
+    const table = container.querySelector('table');
+    expect(table).toBeTruthy();
+    expect(table!.className).toContain('w-full');
+    expect(container.querySelector('th')!.className).toContain('border-b');
+    // Wide tables scroll rather than widening the card.
+    expect(table!.parentElement!.className).toContain('overflow-x-auto');
+  });
+
+  it('renders a blockquote as a quote instead of another paragraph', () => {
+    const { container } = render(<Markdown>{'> Deprecated since 0.14.1.'}</Markdown>);
+    expect(container.querySelector('blockquote')!.className).toContain('border-l');
+  });
+
+  it('renders a horizontal rule as a visible line', () => {
+    const { container } = render(<Markdown>{'before\n\n---\n\nafter'}</Markdown>);
+    expect(container.querySelector('hr')!.className).toContain('h-px');
+  });
+
+  it('keeps an image inside the card width', () => {
+    const { container } = render(<Markdown>{'![A screenshot](https://cdn.example/shot.png)'}</Markdown>);
+    const img = container.querySelector('img')!;
+    expect(img.className).toContain('max-w-full');
+    expect(img.getAttribute('alt')).toBe('A screenshot');
+  });
+
+  it('styles headings below h3 instead of leaving them at browser defaults', () => {
+    const { container } = render(<Markdown>{'#### Building a bot\n\n##### Details'}</Markdown>);
+    expect(container.querySelector('h4')!.className).toContain('font-semibold');
+    expect(container.querySelector('h5')!.className).toContain('font-semibold');
+  });
+
+  it('still renders raw html as inert text', () => {
+    // The security model this file documents, restated here so the components
+    // added around it cannot quietly reintroduce rehype-raw.
+    const { container } = render(<Markdown>{'before <img src=x onerror="alert(1)"> after'}</Markdown>);
+    expect(container.querySelector('img[onerror]')).toBeNull();
+    expect(container.textContent).toContain('after');
+  });
+});