Kraken parent Payward leads $20 million Series A in sports prediction app Onyx Odds

The surge in prediction market activity during the World Cup highlights growing investor interest and potential regulatory challenges in this sector. The post Polymarket volume surges 300% during World Cup, Kalshi hits $1B open interest appeared first on Crypto Briefing.

UAE-based data and AI company CNTXT AI has completed a $60 million Series A funding round, co-led by Abu Dhabi’s applied AI company AI71 and BlueFive Capital, a global asset manager originating from the GCC. The capital will fund product development, market expansion, and the global deployment of secure AI infrastructure for enterprise and public-sector […]

The deal signifies a shift towards managed blockchain infrastructure, highlighting a trend of outsourcing operational tasks to focus on innovation. The post Kraken incubated Ink upgrades to Optimism’s fully managed infrastructure appeared first on Crypto Briefing.

The CFTC sued Kentucky on June 23, 2026, challenging its 14.25% excise tax and state lawsuits targeting Kalshi, Polymarket, and Robinhood as unlicensed gambling operators. The post Kentucky’s Prediction Market Crackdown Faces Federal Lawsuit and Preemption Fight appeared first on 99Bitcoins.

Kalshi is suing Illinois over its new prediction market licensing law, arguing federal CFTC jurisdiction preempts the state's licensing law.

Insider Brief PRESS RELEASE — Hydra Host has announced the closing of its Series A financing round of $100 million, led by Kindred Ventures, with participation from NVIDIA, ARK Invest, SPLY Capital, Jasper Lau’s Era Funds, Comcast Ventures, Magnetar, and PEAK6. Existing investors in the round include Founders Fund, 10x Founders, Sterling Road, and Flume Ventures (with […]

The World Cup 2026's crypto integration could redefine fan engagement and market dynamics, potentially attracting new crypto users globally. The post World Cup 2026 group stage finale sparks crypto trading frenzy as Kraken partnership goes live appeared first on Crypto Briefing.

The integration of crypto in the 2026 World Cup could accelerate digital currency adoption, but also raises concerns about security and fraud. The post FIFA World Cup 2026 is a crypto moment: Kraken, Chiliz, and fan tokens take center stage appeared first on Crypto Briefing.