Kalshi's legal setback in New York could lead to a fragmented regulatory landscape, complicating operations for prediction markets nationwide.
The post Judge rejects Kalshi’s bid to block New York gambling law appeared first on Crypto Briefing.
The post Judge Greenlights E. Jean Carroll To Collect $5.8 Million From Trump appeared on BitcoinEthereumNews.com.
Topline A federal judge in New York authorized a $5.8 million judgement against President Donald Trump, three years after he was found liable for the sexual abuse and defamation of writer E. Jean Carroll—rejecting a last-minute motion on Tuesday night attempting to pause the disbursement out of concerns she planned to donate the funds. Trump was found liable for sexually abusing and defaming E. Jean Carroll in 2023. Getty Images Key Facts The $5 million award plus interest was mostly already paid and kept in a court-controlled account while Trump appealed the case, but Judge Lewis Kaplan authorized the disbursement of the funds in an order on Wednesday. On Tuesday, attorneys for Trump asked the court to deny Carroll’s request, insisting Trump could face “unrecoverable financial loss” if she went ahead with her plans to donate the money, should the Supreme Court later overt
Kalshi's legal setback in New York highlights the complex interplay between state and federal regulations, impacting prediction markets' operations.
The post Kalshi loses court bid to block New York’s gambling restrictions appeared first on Crypto Briefing.
The post Google Puts a New Prediction Markets Ban on Chrome appeared on BitcoinEthereumNews.com.
Google has banned prediction market extensions from the Chrome Web Store under updated Developer Program Policies. Extensions that facilitate or enable real-money trades on predictive outcomes face enforcement starting August 1, 2026. The change adds a new distribution chokepoint for Polymarket and Kalshi just as sector volumes hit records. Why Google is Blocking Prediction Market Extensions Google announced the changes on July 1 through the Chrome for Developers blog. The company expanded its Regulated Goods and Services policy to name predictive markets as prohibited products. Non-compliant extensions risk removal after the deadline. The update reaches beyond event trading. Extensions may now collect only data strictly necessary to a disclosed single purpose. Developers must also prominently disclose every data practice and flag later changes. A separate rule bans tools built to circumven
Argentina's comeback highlights the growing influence of decentralized prediction markets, impacting crypto trading and regulatory scrutiny.
The post Argentina’s World Cup comeback sends prediction market volumes soaring appeared first on Crypto Briefing.
The post Stacking DAO Announces StBTC To Bring Liquid Staking To Stacks’ Upcoming Bitcoin Staking Release appeared on BitcoinEthereumNews.com.
New York, NY, United States, July 8th, 2026, Chainwire Stacking DAO today announced stBTC, a liquid staked version of Bitcoin built for Stacks’ upcoming Bitcoin Staking release. stBTC will let Bitcoin holders earn yield through staking while keeping their capital liquid and ready to move across the rest of the Stacks ecosystem. Bitcoin is the largest pool of capital in the digital economy, and most of it sits idle. Only a small fraction of Bitcoin’s supply is deployed in on-chain finance today, while the rest stays parked in custody, exchange-traded funds, and treasuries. Stacking DAO built stBTC to close that gap and give Bitcoin holders a native path to put their capital to work. stBTC is the missing bridge between earning Bitcoin yield and putting Bitcoin capital to work. A holder will be able to stake Bitcoin and participate in Bitcoin-nativ
The post The Hottest Prediction Market in Crypto Just Left Solana, But Why? appeared on BitcoinEthereumNews.com.
The World prediction market, which launched on Solana (SOL) barely a week ago, said it will move to Robinhood Chain. The team offered no clear reason for leaving so soon after its debut. The switch reverses a story from days earlier, when World was Solana’s homegrown answer to Polymarket and Kalshi. Now it is tying its future to a mainstream broker’s network. A Fast Rise for the World Prediction Market Prediction markets let people bet real money on the outcome of real events, from elections to football matches. World arrived in that fast-growing space with real hype. The project built attention with a stealth campaign, teasing a glowing globe and the line “Trade Everything” before any product. It then went live inside Phantom on July 1, a wallet with more than 15 million monthly users. World never holds user money. It settles bets automatically using Chainlink data and pays
This settlement signals increased regulatory scrutiny on fintechs, potentially reshaping compliance standards for consumer protection.
The post Block pays $45M to settle fraud allegations from New York and 45 other states appeared first on Crypto Briefing.
The post Google to Ban Prediction Market Extensions Amid Increased Scrutiny of Polymarket, Kalshi appeared on BitcoinEthereumNews.com.
Tech giant Google has revealed its updated policy for the Chrome Store, which includes a prohibition of prediction market extensions. This comes as platforms such as Polymarket and Kalshi face increased crackdowns by state regulators over claims that they are operating as illegal sports betting platforms. Google To Prohibit Prediction Market Extensions In the latest update to its Developer Program policies, Google announced that it is expanding its language to explicitly include predictive markets as prohibited products. “Extensions that facilitate or enable real money transactions on predictive outcomes are not allowed,” the blog post read. The tech giant further stated that enforcement for these updated policies, which include the ban on prediction markets, will begin on August 1, 2026. “Extensions found out of compliance after this date may face enfo