Bitcoin News·
The Commodity Futures Trading Commission (CFTC) sued Kentucky in federal court on June 23 to block the state’s crackdown on Kalshi and Polymarket – its ninth such suit since April, and the first against a state with a Republican attorney general. The first red state in the crosshairs The Commodity Futures Trading Commission filed a […]
Read full articlePolymarket's deceptive marketing could trigger regulatory crackdowns, undermining trust in crypto prediction markets and affecting industry legitimacy. The post Polymarket faces scrutiny over deceptive promotional videos featuring fake trades and fabricated winnings appeared first on Crypto Briefing.
The CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
Hackers infiltrated Polymarket’s website via a compromised third-party vendor, the company said, swiping millions in crypto from users.
Kalshi is reportedly seeking new funding at a $40 billion valuation as investor interest in regulated prediction markets grows.
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first time during their prediction market entry.
Sphere 3D's strategic pivot towards AI and high-performance computing could mitigate risks from Bitcoin mining's growing competition. The post Sphere 3D partners with Bitdeer for 30MW mining deal across Tennessee and Kentucky appeared first on Crypto Briefing.
The prediction market seeks a valuation near double the $22 billion it hit last month, as a federal-state fight over regulation escalates.
Polymarket's pUSD growth highlights the increasing integration of stablecoins in decentralized finance, impacting liquidity and market dynamics. The post Polymarket’s pUSD surpasses $500M in market value as platform overhaul gains traction appeared first on Crypto Briefing.
