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View More NewsIn brief Kalshi has teamed up with FIFA-linked ADI Predictstreet to expand its reach and step into the World Cup’s spotlight. Driven by intense sports wagering demand, weekly trading volumes for prediction markets surged to $14.5 billion. Platforms are aggressively scaling their World Cup marketing through celebrity and athlete campaigns. The world’s most anticipated sporting event continues to raise the profile of prediction markets, with a record amount of outstanding bets punctuated on Friday by a high-profile deal between Kalshi and an official partner of the World Cup 2026.ADI Predictstreet, a Gibraltar-licensed prediction market that unveiled a sponsorship deal with…
Here’s a sentence no one expected to read: The government of Cuba is embracing the importance of markets and the business sector. Earlier this month, the state-run newspaper Granma announced 176 economic reforms that would legalize private banking, private business ownership, private real estate ownership, and the privatization of state-owned companies. It is an admission that Fidel Castro’s communist experiments of the 1960s have failed. “Cuba must not repeat the mistakes of the past, and must not depend, in economic matters, on any single product or any single country. Our country must seek an economic development path where we must…
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It’s fitting that the embattled Keir Starmer resigned as prime minister of the United Kingdom almost exactly a decade after the Brexit referendum. More than anything else, it was that vote, on June 23rd 2016, which created Britain’s current political reality—a reality of which Starmer is just the latest victim.Perhaps the most ironic impact of Brexit is the fact that the United Kingdom has finally become a European country. By this I don’t mean that we’ve suddenly learned how to cook good food, or we’ve all become bilingual, or have embraced the siesta. We’re no more culturally European than we…
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As LGBTQ+ communities celebrate Pride this June, many journalists continue to face an ugly reality: simply reporting on this community can open them up…
Strategy’s (MSTR) perpetual preferred stock, STRC, is down 3% during Friday’s pre-market and is trading below $73 around 27% below its $100 par value,…
A group of 17 Democratic US senators is pressing leadership in a key committee to address the Commodity Futures Trading Commission (CFTC) using federal…
In brief Strategy’s flagship preferred stock drifted further away from its $100 par value, setting another record low as Bitcoin’s price steadied. Analysts have…
Ether’s (ETH) exchange and derivatives data turned weaker over the past month. Binance recorded net inflows of 57,700 ETH, while futures open interest fell…
In brief The co-director of the Ethereum Foundation is leaving the organization. The departure continues a trend of turnover at the Ethereum-focused organization. Earlier…
EFF is grateful for SerpApi’s generous support, helping us fight for your rights to speak and access information online. SerpApi has been giving to…
As the 250th anniversary of the signing of the Declaration of Independence nears, it looks like Americans overwhelmingly approve of their country’s cardinal principles.…
It was the first decision under new Chairman Kevin Warsh, who said there had been rigorous debate before the vote and vowed the central…
Key takeaways:Bitcoin’s sudden decoupling from a strong Nasdaq index highlights shifting capital flows into the AI sector.A strengthening US dollar and high Treasury yields…
In brief Celsius founder Alex Mashinsky was banned from trading markets regulated by the CFTC. Mashinsky was imprisoned for 12 years after pleading guilty…
With no serious debate, including on proposed amendments, Canada is blazing full speed ahead with Bill C-22, which would threaten encryption and increase surveillance.…