New York sues Coinbase, Gemini over prediction market offerings
New York has become the latest state to argue that prediction market contracts touching on sports and entertainment violate state gambling laws.
Prediction markets are the new secret weapon for Coinbase and Robinhood growth
Cantor Fitzgerald analysts said the market is treating recent trading slumps as old news, shifting focus instead toward prediction markets and new product launches...
Crypto’s massive exploit may force big banks to rethink their blockchain plans, Jefferies warns
The $293 million Kelp DAO exploit has exposed critical infrastructure risks, leading Jefferies to suggest that traditional financial firms may pause their blockchain initiatives...
Mob boss John Gotti’s grandson is headed to prison for a $1.1 million Covid fraud and crypto scheme
he mob boss’ grandson defrauded the U.S. government’s Covid-19 relief system out of $1.1 million and invested at least half of it to invest...
Core Scientific seeks $3.3 billion bond sale to further AI data center pivot
The company is building six AI data centers, leased to CoreWeave for 12 years, and is expected to generate approximately $10 billion in revenue.
Kalshi takes on Coinbase, Robinhood with new plan to offer crypto perpetual futures: The Information
Prediction market platform Kalshi is moving onto Coinbase’s turf by launching crypto perpetual futures, aiming to capture the massive demand for digital asset derivatives...
Bitcoin slides toward $75,000 as Warsh says Trump didn’t demand he cut rates
The S&P 500 and Nasdaq gave back their early morning gains alongside BTC as markets digested the Fed Chair nominee’s Senate confirmation hearing.
Revolut targets a $200 billion IPO just months after its $75 billion share sale
The crypto-friendly fintech is planning its initial public offering (IPO) no sooner than 2028, according to an FT report.
Bitget exchange brings pre-IPO tokens to masses starting with SpaceX on Solana
The crypto exchange opens IPO Prime access with Republic to offer Solana-based tokens tied to private firms ahead of public listings.