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Washington is suing Kalshi as states step up legal pressure against prediction markets

Washington state has become the latest to sue a prediction market provider, after alleging Friday that Kalshi violated state gambling laws through its products. According to the complaint, Washington has a tightly regulated gambling market, including a ban on online gambling, but Kalshi’s products circumvent those rules. “Kalshi’s website and app show consumers a variety

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Prediction market platform secures license to offer margin trading to institutional investors

Prediction market platform Kalshi has been approved to offer margin trading to professional clients, a move designed to make its platform more attractive to institutional investors. The license granted to Kalshi’s affiliate Kinetic Markets allows it to operate as a futures commission dealer, according to a filing with the National Futures Association. Before margin trading

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Why bitcoin’s ‘compressed’ valuation offers reduced downside risk compared to stocks

Bitcoin BTC$66,844.51 may have already priced in the effects of tighter monetary policy, leaving stocks more exposed to recent macroeconomic shocks, according to asset manager Bitwise. The firm’s comments come as the cryptocurrency continues to correct below $70,000, down more than 23.7% year-to-date. Geopolitical turmoil and energy disruptions, particularly from the US-Iran conflict strangling the

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Crypto’s Quantum Threat Is Real and Its Driving Divergent Strategies Across Bitcoin, Ethereum, Solana

As quantum computers move closer to practical reality, the crypto industry is beginning to confront a question it has long postponed: what happens if the cryptography that underpins trillions of dollars in digital assets no longer holds? The answers so far are anything but uniform. Across many of the best-known ecosystems like Bitcoin, Ethereum and

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Crypto’s future is bright amid AI’s onslaught on SaaS, says Kraken-backed SPAC

Don’t be fooled by the prolonged crypto bear market, the industry remains a sound investment and is less prone to replacement by AI than traditional software as a service (SaaS) operations, according to Ravi Tanuku, CEO of KRAKacquisition Corp. The company, a Nasdaq-listed special purpose acquisition company (SPAC), sponsored by Kraken with venture firms Natural

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Here’s what’s next as Anthropic’s most powerful AI model leaked via unsecured data cache

Anthropic is testing the most powerful AI model it has ever built, and the world wasn’t supposed to know it yet. A data leak reported by Fortune on Thursday revealed that the AI ​​lab behind Claude has been training a new model called “Mythos,” which it describes internally as “by far the most powerful AI

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Beware Bitcoin developers. Google says post quantum migration should happen by 2029.

The crypto industry’s reaction was that a quantum computing threat was still remote when Google unveiled its Willow quantum chip in December 2024. Bitcoin uses SHA-256 for mining and ECDSA for signatures, both of which are theoretically vulnerable to quantum decryption, but the consensus was that the threat was decades away. Breaking encryption would require

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Ripple turns to AI to stress test XRP Ledger as institutional use cases scale

Ripple is overhauling how it secures the XRP Ledger, and AI is at the center of the effort. Its engineering team outlined a new AI-powered security strategy for the XRP Ledger in a detailed post earlier this week, one that integrates machine learning tools across the protocol’s entire development lifecycle. The strategy includes AI-assisted code

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Bitcoin miners become AI companies and sell their BTC to fund the transition

The Bitcoin mining industry is undergoing the most fundamental transformation in its history, and the clearest sign is not the hash rate or the difficulty adjustments. It’s the balance sheets. CoinShares’ Q1 2026 mining report, published this week, reveals that the weighted average cash cost to produce a bitcoin among listed miners rose to approximately

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