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View More NewsMarket operator Cboe Global Markets has entered the prediction markets business with the launch of Cboe Predicts, a platform debuting with binary contracts tied to the S&P 500.The contracts are now available through Interactive Brokers and are expected to launch at Charles Schwab and other retail brokerage platforms in the coming months, according to a Tuesday press release.The contracts allow traders to take “yes” or “no” positions on whether the S&P 500 will close above or below a specified price level.Cboe is the latest traditional finance firm to expand into prediction markets as investor interest in outcome-based contracts grows. The…
Kalshi is seeking to raise fresh capital at a valuation of about $40 billion, nearly doubling the $22 billion valuation it targeted in its previous funding round, according to a Financial Times report citing people familiar with the matter.The prediction markets platform could close the fundraising as soon as the third quarter of this year, FT said. If completed, the deal would widen Kalshi’s valuation lead over rival Polymarket, which was last reported to be seeking funding at $15 billion. The two platforms have emerged as the dominant names in the prediction markets sector, while many other entrants have increased…
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The latest and most fearsome round of fighting in the long shadow war with the Islamic Republic of Iran is not ending well for the United States and Israel. The ceasefire agreement signed by President Trump in Versailles on 17 June is not a full peace treaty, but Iran’s leaders have nonetheless greeted it as an unalloyed triumph. They had, they boasted, “through the imposition of their divine and iron will upon the humiliated American and Zionist enemies, demonstrated with strength that the enemy has no path other than accepting defeat and surrender.”Though salient details of the “memorandum of understanding”…
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Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and will seek authorization in another European Union country, the…
Several Democrats and one Republican who were supported by more than $8 million worth of ads funded by cryptocurrency-aligned political action committees (PACs) won…
In brief Binance said Wednesday that it formally withdrew its Markets in Crypto Assets (MiCA) license application in Greece. Instead, the crypto exchange will…
Sold to the public as a foreign surveillance tool, Section 702 is the law has let intelligence agencies spy on millions of Americans’ private conversations without a…
The UK Anti-SLAPP Coalition, which is co-chaired by Index on Censorship, had a significant campaign success this week when coordinated Bills were introduced in…
Google, for example, has warned organizations to begin preparing for the transition to post-quantum cryptography and has been integrating quantum-safe cryptographic standards into parts…
A viral social media post is reviving an alleged Bitcoin prediction that appears to have called several major BTC price levels from 2019 through…
What affordability discourse gets wrong: “Nearly half of U.S. families couldn’t afford basic necessities in 2024, report finds,” reads an NPR headline from last week.…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading…
France-listed Bitcoin treasury company Capital B’s shareholders approved authorizations allowing the company to raise up to 105 billion euros ($120.4 billion) to fund future…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of…
from the whoops-we-killed-grandma dept For a long time organizations like the Southern Environmental Law Center (SELC) have noted how Elon Musk’s xAI data center…