Kalshi loses court bid to block New York’s gambling restrictions

The surge in prediction market activity highlights the growing mainstream acceptance of decentralized platforms for event-driven trading. The post Keir Starmer plans bank holiday if England wins World Cup, and prediction markets are already cashing in appeared first on Crypto Briefing.

The post Brittany Allen Submitted Herself For An Emmy After HBO Didn’t. It Worked appeared on BitcoinEthereumNews.com. NEW YORK, NEW YORK – DECEMBER 11: Brittany Allen attends Showtime’s “Dexter: Original Sin” New York Premiere at SVA Theater on December 11, 2024 in New York City. (Photo by Dia Dipasupil/WireImage) WireImage Before Brittany Allen was an Emmy nominee, she was almost a Supporting Actress. (Spoilers) Allen plays Roxie Hamler in The Pitt‘s second season, a young mother with terminal cancer who is admitted to the ER contemplating ending it all. Roxie’s arc started as a six-episode role, grew to eight scripted episodes, and then lost its final one — the death scene never made air. Emmy rules split guest and supporting categories by episode count, and losing that scene held Allen under the line: seven aired episodes instead of eight, keeping her in guest actress rather than bumping her to supporting. “When I saw that they just had her pass away off camera, first of all, I tho

The post ESMA Says EU Retail Ban Covers Many Prediction Markets, With MiCA Awaiting the Tokenized Ones appeared on BitcoinEthereumNews.com. Key Takeaways ESMA said event contracts that qualify as financial instruments are already barred from EU retail sale under binary-options rules. The prohibition rests on national measures in force since 2018, so no new legislation is required to apply it. Two regulatory tracks, both already in force In a public statement issued on July 3, the European Securities and Markets Authority (ESMA) set out how existing EU law applies to event contracts, the yes-or-no instruments underpinning prediction markets. Its central conclusion is that many of these contracts are not a novel product category requiring new rules, but already fall within measures on the books – a point that goes further than framing the issue as future regulatory risk. ESMA’s reasoning is that event contracts whose underlying question relates to an asset listed in Section C(4) to (10)

Norway's World Cup success highlights the growing influence of sports events on crypto markets, driving volatility and speculative trading. The post How Norway’s World Cup run is fueling crypto meme token volatility and prediction markets appeared first on Crypto Briefing.

Europe’s top securities regulator has clarified that many prediction-market event contracts already fall under the EU’s existing retail ban on binary options – meaning the restriction is live law, not a proposed rule – while contracts issued as blockchain tokens may instead be caught by the bloc’s crypto framework. The statement leaves platforms such as […]

The post Paradigm Raises $1.2 Billion Fund as Crypto VC Pushes Further Into AI appeared on BitcoinEthereumNews.com. In brief Paradigm announced a $1.2 billion fourth fund targeting crypto, AI, robotics, and other technology startups. The crypto VC firm has backed companies including Nous Research, Zipline, True Anomaly, Hyperliquid, and Kalshi. Paradigm said it remains committed to crypto as it explores areas where AI and blockchain overlap. Crypto venture firm Paradigm has raised a $1.2 billion fund to invest in AI, robotics, crypto, and other technologies, broadening its focus beyond digital assets. While crypto remains central to Paradigm’s business, the San Francisco-based firm said Wednesday its fourth fund will expand investments into AI, autonomous hardware, and other emerging technologies while continuing its research-driven approach. “$1.2B to invest in steep exponentials. 8 years ago we were backed by people who believed in the crypto frontier,” Paradigm managing partner Alan

The investment firm said its fourth fund will back AI, robotics, and crypto startups as it broadens beyond digital assets.

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