CFTC Sues Kentucky To Shield Kalshi And Polymarket Event Contracts
The CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
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Kalshi is reportedly seeking new funding at a $40 billion valuation as investor interest in regulated prediction markets grows.
Read full articleThe CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
General Intuition has raised $320 million to scale AI trained on millions of hours of gameplay, betting action data can help AI develop something closer to human intuition.
Bitcoin touched its lowest price in 21 months early Thursday—and prediction market users don't see the crypto carnage ceasing imminently.
Arca, an AI-native wealth management company, raised $64 million to help financial advisors spend more time with clients and less on paperwork.
DeepSeek's funding and expansion could intensify AI competition, emphasizing talent retention and efficient model development in the tech sector. The post DeepSeek plans to double staff after raising $7.4 billion in first external funding round appeared first on Crypto Briefing.
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first time during their prediction market entry.
MemeCore M falls over 75% as traders question its $6B valuation, low volume, insider supply claims, and major exchange listings. MemeCore’s token, M, fell more than 75% in 24 hours, according to OKX data. It traded near $0.67436 after the sharp sell-off. The drop followed questions about MemeCore’s reported $6 billion valuation and low trading […] The post MemeCore Crash Sparks Questions Over Major Exchange Listings appeared first on Live Bitcoin News.
The prediction market seeks a valuation near double the $22 billion it hit last month, as a federal-state fight over regulation escalates.