A federal court has dealt another setback to the Commodity Futures Trading Commission (CFTC) and leading prediction market platforms, including Kalshi and Polymarket, by rejecting efforts to block Wisconsin from enforcing its gambling laws against sports event contracts. According to the court ruling, the judge denied the CFTCs request for a preliminary injunction that sought to prevent Wisconsin from pursuing legal action against CFTC-regulated prediction market operators. The court also rejected motions from Kalshi and Crypto.com to intervene in support of the CFTCs request. The legal… Read more
The detention of BitRiver’s founder highlights potential instability in Russia’s crypto mining sector, affecting investor confidence and operations. The post BitRiver founder Igor Runets detained
The drop in U.S. crude futures suggests a shift in market sentiment, potentially impacting global economic forecasts and energy policies. The post U.S. crude futures
Federal prosecutors allege a crypto investor orchestrated a scheme that caused about $20 million in losses. The case now heads toward a trial as investigators
Solana (SOL) is back in focus as traders weigh a slate of network upgrades that could reshape the chain’s economics and throughput, even as near-term
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