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View More NewsPrediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over sports betting.In a Tuesday filing in Suffolk County Superior Court, associate justice Peter Krupp allowed state authorities to file a 71-page amended complaint, building on a filing alleging that Kalshi engaged in sports wagering in violation of state laws. The amended complaint included allegations that Kalshi “targets those under 21 years of age and does little to stop them from using its platform,” citing the company’s marketing to university campuses and presenting images in ads of people…
Still, he argued that the Circle’s 16% selloff on Tuesday went too far.”I think it is an overreaction,” he told CoinDesk.Circle selloff (TradingView)He pointed to Paxos’ Global Dollar Network (USDG), another consortium-backed stablecoin that shares reserve income with partners but has yet to gain significant market share. It has grown to a $3 billion supply since its launch in late 2024, lagging far behind USDC’s $73 billion and USDT’s $145 billion, according to CoinDesk data.”The bigger question is how OUSD can convince consumers and end users to adopt them,” Lau said. “We don’t really know the answer until it is…
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The Framers established a federal government consisting of three branches that were supposed to exercise distinct functions: legislative, executive, and judicial. But beginning in the late 19th century, Congress created dozens of “independent” agencies that exercise all three functions. On…
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A review of Communion: Finding My Way Back to Faith by JD Vance; 288 pages; HarperCollins: New York (June 2026)The novelist Evelyn Waugh was once asked how he reconciled his lousy personal behaviour—which included drunkenness, antisemitism, and cruelty to friends and foes alike—with his Catholic faith. No one could imagine, Waugh replied, how vile he would have been were he not a Catholic. That retort came to mind as I read US vice president JD Vance’s new book, Communion, about his conversion to Catholicism. Since joining the Church of Rome in 2019, Vance has not exactly been a paragon of virtue. Once…
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In brief Ethereum treasury firm Sharplink acquired 10,000 ETH last week in its first buy of the year. The firm also repurchased another 2…
The Clarity Act is widely viewed as the crypto industry’s most important market structure bill because it would establish clear rules for when digital…
MetaMask, a self-custodial wallet developed by Consensys, is launching a new product that it says lets users earn yield on its MetaMask USD (mUSD)…
MetaMask has launched a new self-custodial account that combines stablecoin yield, payments and trading in a single product, as wallet providers increasingly compete to…
Zack Polanski, leader of the Green Party of England and Wales, has signed a letter calling on the British government to monitor British-Israeli dual…
Bitcoin BTC$66,404.44 briefly traded above $67,000 late Monday before slipping back under $66,000 in a move that is indicative of how cautiously crypto is…
US spot bitcoin ETFs lost a net $64 million on Monday, even as spot ETFs for ether, XRP, Solana and Hyperliquid all pulled in…
Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its onchain metrics show the cryptocurrency remains weak despite…
Bybit, one of the world’s top cryptocurrency exchanges by trading volume, has launched options trading on Tether Gold (XAUT), a token that provides you…
The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address…
XRP finally broke through the $1.20 level that had capped rallies for weeks, but buyers couldn’t keep control of the move. After climbing as…
Anthropic’s decision to shut down access to its latest artificial intelligence models after a US order to suspend access to foreign nationals highlights the…
