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Gemini joins crypto firms exploring entry into prediction markets: report

Gemini joins crypto firms exploring entry into prediction markets: report

The exchange's next product expansion could place it alongside Kalshi and Polymarket as regulated event contracts gain traction.
US government shutdown ties record as Senate fails to advance funding bill

US government shutdown ties record as Senate fails to advance funding bill

The ongoing US government shutdown has officially become the longest in the nation’s history, entering its 35th day with no resolution in sight. Mi...
Why Tesla stock is crashing over 4% on Thursday

Why Tesla stock is crashing over 4% on Thursday

Tesla stock fell early Thursday, tracking broader market weakness and investor uncertainty ahead of a key shareholder vote on CEO Elon Musk’s pay p...
Trump announces end to 30-year pause on US nuclear weapons tests

Trump announces end to 30-year pause on US nuclear weapons tests

President Donald Trump has ordered an immediate resumption of US nuclear weapons testing, ending a three-decade moratorium on the practice. The US ...
Morning brief: Trump orders nuke tests, meets Xi; UMG settles AI lawsuit

Morning brief: Trump orders nuke tests, meets Xi; UMG settles AI lawsuit

It was a week of significant geopolitical and corporate developments, dominated by a major shift in US defense policy and a high-stakes diplomatic ...
Event-betting platform Kalshi has sued New York state regulators for overreach

Event-betting platform Kalshi has sued New York state regulators for overreach

Event-betting platform Kalshi has sued New York state regulators for overreach, staging a preemptive strike weeks after Crypto.com lost a similar c...
Kalshi Sues New York to ‘Protect’ Sports Prediction Markets

Kalshi Sues New York to ‘Protect’ Sports Prediction Markets

Kalshi challenges New York's cease-and-desist order targeting its sports prediction markets, arguing the CFTC's federal jurisdiction over derivativ...
Nevada shuts down Fortress Trust: Who holds your keys during custody consolidation?

Nevada shuts down Fortress Trust: Who holds your keys during custody consolidation?

Nevada regulators shut down Fortress Trust on Oct. 22, citing insolvency that left the custodian holding roughly $200,000 in cash against $8 millio...
Binance plots a comeback to rival Coinbase’s US dominance

Binance plots a comeback to rival Coinbase’s US dominance

Binance is considering either merging Binance US into the global exchange or allowing the global exchange to directly enter the US market.
The Week’s 10 Biggest Funding Rounds: More AI Megarounds (Plus Some Other Stuff)

The Week’s 10 Biggest Funding Rounds: More AI Megarounds (Plus Some Other Stuff)

In another active week for large startup financings, an AI data center developer reported $1.4 billion in fresh financing, and several other megaro...