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View More NewsA Nevada judge has temporarily blocked Kalshi from operating in the state, finding that state authorities are reasonably likely to prevail in a legal fight over whether the company’s event contracts violate Nevada gambling laws.Carson City District Court Judge Jason Woodbury issued a temporary restraining order on Friday, siding with a Nevada Gaming Control Board motion to block Kalshi from operating in the state for 14 days.”Prediction markets, to the extent they facilitate unlicensed gambling, are illegal in Nevada, and we have a statutory duty to protect the public,” Nevada Gaming Control Board Chair Mike Dreitzer said in a statement…
During a tempestuous moment in the ongoing trade war between the world’s two biggest economies, the Chinese government last October threatened to exercise its most potent economic leverage by ending exports of rare-earth minerals. The bold move got results. The Trump administration, which had earlier threatened tariffs as high as 130 percent on Chinese goods, agreed to cut tariffs and ease tech export restrictions from the U.S. to China. In exchange, China said it would hold off on limiting rare-earth exports for at least a year. The incident—and the ongoing threat embedded in its resolution—highlighted China’s strategic control over rare earths, the collective name…
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After a fortnight of war-making against Iran and its Lebanese proxy, Hezbollah, the rocketing of Israel by the Islamists has come to seem almost routine. Here in the Jewish state, people have been growing increasingly pessimistic. Some are despondent. The widespread jubilation that characterised the first days of the war—which saw the surprise Israeli–American decapitation of the Iranian military leadership, including the assassination of Iran’s Supreme Leader, Ali Khamenei, on 28 February and the subsequent devastation of the Islamic Republic’s air defences and ballistic missile capabilities—has given way to a realisation that neither Iran nor Hezbollah will be easily brought…
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Crypto hardware provider Ledger has appointed former Circle executive John Andrews as chief financial officer and opened a New York office as part of…
In brief Eightco invested another $40 million in ChatGPT firm, OpenAI. The company now has $90 million in total investment into OpenAI, representing around…
Oil volatility triggered by the Iran conflict is pushing traders onto decentralized exchanges (DEXs) like Hyperliquid, where markets never close, Wall Street investment bank…
Google Threat Intelligence has identified a new form of crypto-stealing malware called “Ghostblade” that affects Apple iOS devices and is part of the “DarkSword”…
from the a-failure-at-any-level dept Look, I get it. Government waste is real. Bureaucratic bloat is real. The desire to have a federal government that…
From Toles v. Toles, decided yesterday by the Washington Court of Appeals (opinion by Judge Leonard Feldman, joined by Judges Linda Coburn and David…
For much of the last three years, a predictable cycle dominated the market: companies announced their intentions to purchase massive volumes of Bitcoin, watched…
Tokenization platform Theo has received $100 million for a structured investment facility backing its yield-bearing stablecoin, thUSD, underscoring growing institutional appetite for digital dollars…
In brief XRP has jumped above BNB, becoming the fourth-largest crypto asset by market cap. The Ripple-linked token hit $1.60 late Monday, its highest…
From today’s opinion in Doe v. Combs, by Second Circuit Judges Michael Park, William Nardini, and Maria Araújo Kahn, the key paragraphs: “[O]ur review…
Phantom, a developer of self-custodial crypto wallets particularly popular in the Solana ecosystem, secured a no-action letter from the U.S. Commodity Futures Trading Commission…
XRP (XRP) traded at $1.50 on Tuesday, a 3% rise in the past 24 hours as its relief rally stalled at $1.60. Still, growing…