Kalshi Sues Illinois Over New Prediction Markets Law
Kalshi files lawsuit against Illinois and Governor Pritzker challenging a new state regulatory framework for prediction markets.
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Original coverage across the crypto market, updated daily.
Kalshi files lawsuit against Illinois and Governor Pritzker challenging a new state regulatory framework for prediction markets.

Bitcoin's 50% drop pushes it into a historically bearish zone, dividing analyst opinions.
Cboe introduces binary option contracts tied to the S&P 500, now available on Interactive Brokers.
On-chain data firm CryptoQuant warned MicroStrategy to pause Bitcoin purchases, but the company had already started rebuilding its cash reserves.

Bitcoin fell to its lowest since late 2024 amid hawkish Fed, ETF outflows, and capital shift to AI, per Deutsche Bank.

A regulatory filing suggests tokenized equity would be settled via existing Wall Street infrastructure.
Prediction market platform TurboFlow secures $6 million seed funding to serve Asian users as a localized alternative to Kalshi and Polymarket.

Bitcoin reclaimed $65,000 as oil prices fell, but a strong dollar and rising yields limit upside.

Ethereum layer-2 Taiko urges users to bridge funds out after exploit steals over $1.7 million.

Proposed FCC rule requiring carriers to retain customer data could expand attack vectors for crypto theft.
An exploit on Secret Network's Axelar bridge drained $4.67 million via an infinite-mint bug that went undetected for seven days.
Iran's military command shuts Strait of Hormuz, citing U.S. and Israel violations of a recent agreement.

Governor Greg Abbott wants to end a costly tax exemption and require data centers to fund the electricity grid they strain.

A record $13 billion in Bitcoin options is expiring, with bearish positioning suggesting potential downward pressure.
Venus Protocol launches the first tokenized stocks collateral market on BNB Chain, integrating bStocks into its Core Pool.

Kalshi has held preliminary discussions with underwriters about a potential public listing, sources say.
Brent crude hovers near $79 despite the reopening of the key shipping route, as supply concerns persist.
The Digital Asset Market Clarity Act aims to establish a federal framework for crypto regulation in the United States.

AllUnity introduces SEKAU, a fully reserved stablecoin pegged to the Swedish krona, with multi-chain support and MiCA regulation.

A new Ethereum improvement draft aims to reduce reliance on centralized indexers for log and transaction data.

Alchemy's AgentCard provides AI agents with a virtual payment layer, including Visa support, spending controls, and identity tools.

Matt Fisher says the next wave of institutional DeFi users could interact via familiar apps without ever seeing on-chain operations.

A viral 4chan prediction of Bitcoin reaching $145,000 by October is questioned due to altered history and flawed assumptions.

A federal judge has rejected Michelle Bond's attempt to dismiss charges linked to an FTX-funded congressional campaign.