CFTC Sues Kentucky To Shield Kalshi And Polymarket Event Contracts
The CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
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The prediction market seeks a valuation near double the $22 billion it hit last month, as a federal-state fight over regulation escalates.
Read full articleThe CFTC has sued Kentucky regulators in federal court as the battle over prediction markets and state gambling laws intensifies.
Kalshi is reportedly seeking new funding at a $40 billion valuation as investor interest in regulated prediction markets grows.
Bitcoin touched its lowest price in 21 months early Thursday—and prediction market users don't see the crypto carnage ceasing imminently.
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.
MemeCore M falls over 75% as traders question its $6B valuation, low volume, insider supply claims, and major exchange listings. MemeCore’s token, M, fell more than 75% in 24 hours, according to OKX data. It traded near $0.67436 after the sharp sell-off. The drop followed questions about MemeCore’s reported $6 billion valuation and low trading […] The post MemeCore Crash Sparks Questions Over Major Exchange Listings appeared first on Live Bitcoin News.
Hyperliquid price prediction 2026: HYPE hit a record near $77, but buybacks, unlocks, ETF demand and regulation decide if $100 is realistic.
Critics had questioned how MemeCore maintained a multi-billion dollar valuation despite insiders allegedly controlling 90% of supply.
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 […]