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View More NewsA federal judge ruled that Minnesota’s law banning prediction markets likely runs afoul of the Commodity Exchange Act, granting a preliminary injunction against the law to Kalshi, Polymarket and the Commodity Futures Trading Commission. Judge Katherine Menendez, of the U.S. District Court for the District of Minnesota, ruled Monday that Minnesota’s recently passed law that would ban prediction market operators from offering their products in the state seems to be preempted by the federal CEA, and that the companies and federal regulator “are likely to succeed” in showing so after a full trial. Kalshi, Polymarket and the CFTC sued Minnesota…
In order to teach, Bill Smoot had to leave everything behind. His wallet, cash, credit cards, and chewing gum — everything but his car keys, ID, and course materials.From Berkeley, Smoot drove 25 minutes over the bridge to the San Quentin Rehabilitation Center, where he waited by the outer gate with a small group of professors. Then their little procession began, past the first guard, into the main gate, through the sally port with its steel bars and bulletproof Plexiglass, and into the heart of California’s most infamous prison.Strangely, though, it was, in parts, quite beautiful. Green lawns. A small…
AI & Crypto
Read MorePolitics
This week, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and Matt Welch discuss whether the Democratic Socialists of America’s (DSA) growing influence reflects a serious governing vision or a political movement driven more by symbolism than workable policy. They discuss the DSA’s platform, the…
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Opinions & Debates
Podcast Quillette podcast host Jonathan Kay talks to Debra Soh, author of ‘Sextinction: The Decline of Sex and the Future of Intimacy,’ about neuroscience, hypergamy, elephant seals, politicised sex research, the perils of polyamory, and the sex-repellent scourge of ’phubbing.’ Read the full article here
Latest News
Tether’s gold-backed token XAUt has received Shariah certification from Amanah Advisors, a move that could expand access to the token among Islamic financial institutions…
In brief Circle acquired over 680 patent families and nearly 1,000 issued blockchain patents from IBM, making it the largest blockchain patent holder in…
American sports company Fanatics is making a major move into prediction markets, a corner of finance that has exploded in popularity over the past…
Bitcoin (BTC) heads into the end of July juggling volatility catalysts as the Federal Reserve reacts to US inflation.Key points:The Fed will deliver its…
Scammers have been using Google to deploy malicious phishing advertisements impersonating the crypto protocol Uniswap, which has reportedly netted the attackers at least $400,000. The…
The combined market value of all stablecoins has hit a record high of $322 billion, dwarfing the foreign exchange reserves of 95 countries, including…
Ether treasury company Bitmine Immersion Technologies has been included in a preliminary list for potential inclusion in the Russell 3000 index, a move that…
XRP spent weeks tightening into a narrow range, but the market finally started leaning lower after another failed push above resistance near $1.36. The…
Nathan Allman, the founder and CEO of Ondo Finance and one of the pioneers of blockchain tokenization, has died aged 32.“It is with profound…
Bitcoin BTC$76,612.97 hovered near $76,500 mid-day Hong Kong time, according to CoinDesk market data, holding a narrow range as trading remains muted after a…
Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a…
Key takeaways:Bitcoin’s implied volatility plunged to a multi-month low, signaling that traders expect further price consolidation.Excessive confidence among Bitcoin bears could catalyze a liquidation-driven…