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View More NewsJames’ office described Kalshi’s event contracts as bets and said the platform takes wagers on professional and college sports, elections and culture. The lawsuit alleges Kalshi allows users aged 18 to 20 to wager and lists markets involving New York college teams, both prohibited for licensed sportsbooks in the state.“New York’s gambling laws protect children from underage betting and help combat gambling addiction,” James said in the statement. “No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple.”The World Cup helped boost Kalshi’s numbers, adding 3 million during the course of the tournament, according…
from the double-dog-dare dept I will admit it’s always a special kind of fun when a topic we cover here at Techdirt gets the John Oliver treatment. He and his writing team generally gets things right, which helps. And I’m not saying that Oliver and his crew are definitely Techdirt readers, but, well, hi John and crew! Readers here will recall that I’ve spent the last year or so pointing out that famed gas station and/or supermarket chain, Buc-ee’s, has become the trademark bullying Monster Energy of gas stations. This is a company that doesn’t seem to understand what parody…
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The Department of Homeland Security (DHS) plans to nearly triple the number of surveillance towers along U.S. borders over the next decade, according to a federal audit. An annual Government Accountability Office (GAO) assessment released this month on the DHS’…
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A review of A Billion Years of Sex Differences: How Evolution Shaped the Minds of Men and Women by Steve Stewart-Williams; 362 pages; Forum, London (June 2026) “The truth will set you free, but first it will piss you off!”—Gloria Steinem, 2019 In January 2005, at a private conference hosted by the National Bureau of Economic Research, Harvard President Lawrence Summers violated a central taboo of liberal discourse. In a discussion of why men were overrepresented in tenured science and engineering positions at top universities, he suggested that one possible cause was genetic differences between the sexes.Summers offered this as…
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In brief Ark Invest sold about $4.4 million worth of Bitmine, Robinhood, Block, and Bullish shares. The firm recently purchased roughly $43.5 million of…
Strategy (MSTR), the world’s largest corporate bitcoin BTC$64,718.98 holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions…
The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC…
In brief Coinbase reported $1.22 billion in second-quarter revenue, and a net loss of $359 million, against an expected $1.29 billion in earnings. Subscription…
Welcome to our institutional newsletter, Crypto Long & Short. This week:Ravi Tanuku on how the GENIUS Act repriced bitcoin’s monetary premiumJesper Johansen on looped…
Sanctioned crypto exchange HTX is pushing back against the United Kingdom’s decision to blacklist Huobi Global S.A., the Panamanian company behind the platform, over…
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In brief Kraken users can now earn yield from their Bitcoin holdings via the exchange’s new Bitcoin Vaults. Putting BTC in the vaults earns…
Today’s guest is Nobel Prize-winning economist Alvin E. Roth, the author of Moral Economics: From Prostitution to Organ Sales, What Controversial Transactions Reveal About…
Block’s Cash App has quietly begun rolling out its highly anticipated stablecoin payment feature, a source familiar with the matter told CoinDesk Wednesday. According…
Crypto-backed political groups supported several winning candidates in Texas primary runoffs Tuesday, highlighting the digital asset industry’s growing role in US elections as Congress…
In brief South Korean prosecutors charged five over a “rug pull” on Solana meme coin launchpad Pump.fun, in the first use of the country’s…
