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New York sues Kalshi, will seek damages, alleging it offers gambling platform

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New York sues Kalshi, will seek damages, alleging it offers gambling platform

James’ office described Kalshi’s event contracts as bets and said the platform takes wagers on professional and college sports, elections and culture. The lawsuit alleges Kalshi allows users aged 18 to 20 to wager and lists markets involving New York college teams, both prohibited for licensed sportsbooks in the state.

“New York’s gambling ⁠laws protect children from underage betting and help combat gambling addiction,” James said in the statement. “No matter what they call themselves, prediction markets like ​Kalshi are gambling platforms, plain and simple.”

The World Cup helped boost Kalshi’s numbers, adding 3 million during the course of the tournament, according to CNBC. That’s more than double the 2 million the firm said it had at the start of May.

According to the attorney general’s statement, the lawsuit follows an October cease-and-desist order from the New York State Gaming Commission.

A federal judge denied Kalshi’s bid to block state regulators on July 7 and rejected an injunction pending appeal on July 27.

CoinDesk approached Kalshi for comment outside of regular U.S. office hours, and had not heard back by publication time.

Bitget Launches Private Copy Trading for CFD

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Bitget Launches Private Copy Trading for CFD

Global, July 31, 2026 Bitget, the world’s largest Universal Exchange (UEX), has introduced Private Copy Trading for its CFD platform, giving professional traders the tools to build invitation-only trading communities while maintaining greater control over strategy distribution. The feature reflects the growing evolution of copy trading from a public discovery tool into a community-driven business model.

As copy trading has evolved, many successful traders have expanded beyond the platform itself, building dedicated communities across Telegram, Discord, X, and other social channels. These communities often become the primary way traders share market insights and cultivate long-term relationships. Rather than making every strategy publicly available, many now reserve their highest-conviction trades as exclusive benefits for members of those communities.

The feature introduces flexibility to community management, allowing traders to generate multiple invitation links for different communities or marketing channels, monitor conversion performance across each source, manage follower capacity independently, and remove followers when necessary. Public and private copy trading projects can also operate in parallel, enabling traders to grow a public audience while maintaining exclusive communities for selected users.

“As leaders of crypto copy trading, we’ve been one of the few players to evolve this segment” said Gracy Chen, CEO of Bitget. “Traders trust data and transparent copy-trading helps in collective growth, another tier added to this is private copy trading, providing professional traders with more flexibility in sharing strategies.”

The invitation-only model also helps protect proprietary trading strategies by limiting visibility to approved participants rather than opening trading activity publicly. For traders focused on client acquisition, optional registration requirements tied to invitation links provide a more targeted way to onboard new users while measuring the effectiveness of different promotional channels.

Bitget pioneered copy trading as one of the first major exchanges to make professional trading strategies accessible to a broader audience. The launch reflects a broader evolution in the creator economy surrounding trading. As professional traders increasingly build independent brands and communities, copy trading platforms are evolving from simple discovery tools into infrastructure that supports audience management, client acquisition, and long-term community growth. Private Copy Trading extends Bitget’s copy trading ecosystem to meet those changing needs.

To find out more, visit here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Source: Bitget

The above article “Bitget Launches Private Copy Trading for CFD” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/bitget-launches-private-copy-trading-for-cfd/

Submit Your Blockchain and Crypto Press Release here.

Disclaimer: This is a press release, provided by the company/ company representative. AlexaBlockchain does not endorse, guarantee, or accept responsibility for the content, accuracy, quality, advertising, products, or other materials presented in this publication. Readers are advised to conduct their own due diligence before taking any actions related to the company mentioned herein. AlexaBlockchain expressly disclaims any liability for damages or losses, whether direct or indirect, arising from or related to the use of or reliance on any content, goods, or services referenced in this press release.

Bitget Integrates TradingView Charts for Commodities (CFD) Market

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Bitget Integrates TradingView Charts for Commodities (CFD) Market

Global, July 31, 2026— Bitget, the world’s largest Universal Exchange (UEX), has upgraded its CFD platform with a native TradingView integration, bringing professional-grade market analysis and order execution into a single interface. The enhancement reflects a broader evolution in trading platform design, where reducing friction has become as important as expanding market access.

As traders increasingly participate across assets, the trading experience has become fragmented between analysis and execution. Active traders rely on external charting platforms to monitor markets before returning to their exchange to place trades, creating unnecessary delays during fast-moving market conditions. Bitget’s latest upgrade removes that disconnect by embedding TradingView directly into the CFD trading experience.

TradingView now serves as the default charting interface for Bitget CFD, allowing users to analyze markets and execute trades from the same screen. The integration includes customizable chart layouts, split-screen market monitoring, an extensive library of technical indicators, and advanced drawing tools, enabling traders to monitor multiple markets while executing positions without leaving the platform.

“With this integration we’ve removed the friction of switching between live charts in CFD trading; providing efficiency for traders to capitalize on market opportunities.” said Gracy Chen, CEO of Bitget.

The upgrade builds on Bitget’s broader Universal Exchange vision of creating a unified trading environment across asset classes. While much of the industry’s focus has been on expanding access to new markets, Bitget is equally focused on simplifying how users interact with those markets by reducing the operational complexity between research, analysis, and execution.

Bitget CFD enables users to trade global financial markets, including commodities, foreign exchange, and indices, through a single USDT-settled account. The addition of TradingView further strengthens the platform’s analytical capabilities while supporting a more streamlined workflow for active traders seeking institutional-grade tools within a unified trading experience.

To find out more, visit here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For furtcher information, please refer to our Terms of Use.

Source: Bitget

The above article “Bitget Integrates TradingView Charts for Commodities (CFD) Market” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/bitget-integrates-tradingview-charts-for-commodities-cfd-market/

Submit Your Blockchain and Crypto Press Release here.

Disclaimer: This is a press release, provided by the company/ company representative. AlexaBlockchain does not endorse, guarantee, or accept responsibility for the content, accuracy, quality, advertising, products, or other materials presented in this publication. Readers are advised to conduct their own due diligence before taking any actions related to the company mentioned herein. AlexaBlockchain expressly disclaims any liability for damages or losses, whether direct or indirect, arising from or related to the use of or reliance on any content, goods, or services referenced in this press release.

Bitcoin at $64,000 as Kospi’s record 17% surge leaves crypto untouched

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Bitcoin at $64,000 as Kospi’s record 17% surge leaves crypto untouched

Crypto markets barely registered one of the sharpest equity rallies of the year on Friday, with bitcoin holding near $64,300 while South Korean stocks staged a record rebound from the selloff that dominated the past two weeks.

The majors were close to unchanged. Ether traded at $1,907, XRP at $1.08, solana at $74 and dogecoin at $0.07, with roughly $27 billion changing hands in bitcoin and $7 billion in ether. BNB was the exception, up 3% on the day to $590 and the only major holding a meaningful weekly gain. Bitcoin spiked to $65,300 in early Asian hours before giving it back within an hour.

The weekly picture stays soft. Hyperliquid’s HYPE is down 5% over seven sessions, solana and XRP are each off 3%, and bitcoin has lost 2%. Ether and dogecoin are up 1%.

Equities went the other way, hard. The Kospi surged as much as 17%, rebounding from a three-day rout that had taken the index more than 40% below its June peak. Samsung and SK Hynix both jumped more than 23%, and Taiwan Semiconductor rose 10%, making chipmakers the biggest contributors to a broad Asian advance.

Senator Schumer Proposes Agency to Address Corruption, Including Trump’s Crypto Ventures

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Senator Schumer Proposes Agency to Address Corruption, Including Trump’s Crypto Ventures

Update (July 30, 11:25 pm UTC): This article has been updated to include a statement from the White House.

Senate Minority Leader Chuck Schumer introduced legislation to create a new US government agency focused entirely on addressing corruption at the federal level, noting President Donald Trump’s gains from “various, and extremely lucrative, cryptocurrency ventures.”

In a Thursday notice, Schumer said that he had introduced a bill called the Anti-Corruption Bureau Creation Act, which, if passed, would have the authority to “investigate, enforce, and prevent executive branch corruption.” The text of the bill addressed Congress’ findings that Trump had disclosed earning more than $2 billion from investments in 2025, including $1.4 billion tied to crypto, and his family had more than $1 billion in a crypto fund tied to foreign governments.

In a Public Citizen forum describing the bill, Schumer described the anti-corruption agency as having “real teeth” with enforcement authority, and consisting of a bipartisan group of seven members to be confirmed by the Senate. The legislation also provided mechanisms for private citizens and state authorities to recover funds that Schumer said had been stolen from Americans “through corruption.“

“This new bureau is one where these institutions work in symbiosis, strengthening each other and eliminating barriers between them which often got in the way,” said Schumer. “It replaces a broken patchwork of watchdogs, none of which were built for this moment, with one, powerful anti-corruption agency, ready to act anywhere, anytime corruption strikes.”

Senator Chuck Schumer announcing the Anti-Corruption Bureau Creation Act on Thursday. Source: Public Citizen

Trump’s ties to the cryptocurrency industry have been a sticking point for many Democrats in Congress considering their support for a comprehensive market structure bill called the Digital Asset Market Clarity (CLARITY) Act. Although the White House agreed to certain ethics provisions in the bill, many lawmakers say the measures do not go far enough to address the president’s potential conflicts of interest.

Related: Ethics remain sticking point as crypto market structure bill goes to markup

Notably, the proposed anti-corruption agency would place the US Federal Election Commission, Office of Government Ethics and Office of Special Counsel “under one roof“ within the new bureau. In a statement to Cointelegraph, White House Principal Deputy Press Secretary Anna Kelly reiterated the administration’s position that there were “no conflicts of interest“ with Trump’s investments, which were “held in fully discretionary accounts managed by independent third-party financial institutions.“

Senators Andy Kim, Alex Padilla and Jeff Merkley cosponsored the bill with Schumer. The introduction of the bill also came the same week Senators Richard Blumenthal and Chris Van Hollen held a public forum to address Trump’s ties to the crypto industry.

The bill would require Republican support to pass in the US House of Representatives and Senate, where the party holds a slim majority. If it were to advance in both chambers before 2028, Trump could still veto the legislation and send it back to Congress, where it would need a two-thirds majority to override the president’s action.

Crypto bill is still under consideration in Senate

The US Senate has just over a week left before lawmakers break for a month-long state work period, leaving many scrambling to pass bills before the 2026 US midterms potentially complicate discussions on their return.

“The big question at this very minute is where the CLARITY Act stands,“ said former US Securities and Exchange Commission official John Reed Stark following his appearance at Blumenthal’s and Van Hollen’s Monday forum. “Of all the experts and political insiders I spoke with yesterday, not one could say for sure what happens this week with the CLARITY Act. There is enormous drama surrounding this legislation.“

As of Thursday, the Senate had not scheduled a vote on the bill, despite pushes from many Republican lawmakers and industry leaders. Coinbase CEO Brian Armstrong said on Wednesday that the bill was at the “one-yard line,“ and Senator Cynthia Lummis, who has long advocated for the market structure legislation, has continued to push for a vote.

Magazine: Will the crypto lobby’s $189M campaign get CLARITY over the line?

Telegram CEO Says Russia Labeled Him a Terrorist

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Telegram CEO Says Russia Labeled Him a Terrorist

Telegram founder Pavel Durov said Russian authorities designated him a “terrorist” after he refused government demands for mass surveillance and censorship on the messaging platform, responding publicly a day after Russia announced charges against him.

In a Telegram post on Thursday, Durov also said Russia had barred him from “publishing information on the Internet,” adding that authorities had “got confused about who can ban whom from the Internet.”

Source: Telegram, Pavel Durov

The comments came a day after Russia’s Federal Security Service accused Durov of facilitating terrorist activity, alleging Telegram failed to remove channels used by terrorist groups and Ukrainian intelligence services.

The case builds on a criminal investigation Russia launched in February, when regulators accused Telegram of leaving nearly 155,000 channels, chats and bots online despite claims they violated Russian laws covering extremist content, terrorism, drug trafficking and other illicit activity.

Related: Pavel Durov says Telegram to roll out native Gram crypto wallet

Durov’s legal battles extend beyond Russia

The Russian case adds to Durov’s legal challenges abroad. Durov was arrested in France in August 2024 and remains under judicial investigation over allegations that Telegram facilitated criminal activity by failing to adequately moderate illegal content and respond to law enforcement requests. 

Durov has denied wrongdoing, arguing that French authorities failed to follow due process in seeking information from Telegram. His arrest also prompted a TON Community-backed campaign that collected more than 9 million signatures on an open letter urging French authorities to release him.

French authorities initially allowed Durov to temporarily return to Dubai in March 2025 before lifting his travel restrictions entirely later that year.

Telegram is also facing fresh legal pressure in Australia, where regulators this week launched court proceedings alleging the platform failed to remove terrorism-related content.

Durov has cast himself as a defender of free speech and digital privacy. In April, he warned the European Union’s proposed age-verification app could pave the way for broader online surveillance. The same month, he blamed alleged tax data leaks for a wave of crypto-related kidnappings in France and said Telegram would leave the country rather than grant authorities access to users’ private messages.

Magazine: A quantum roadmap would push Bitcoin much higher: Charles Edwards

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Coinbase (COIN) sinks 5% after missing Q2 revenue estimates

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Coinbase (COIN) sinks 5% after missing Q2 revenue estimates

In a post on X, CEO Brian Armstrong pointed to the company’s expanding businesses beyond spot trading, including stablecoins, Base and prediction markets, noting that Coinbase reached a record 10.3% share of global crypto trading volume during the quarter.

CFO Alesia Haas struck a more measured tone, saying crypto market conditions were challenging as industry spot trading volumes fell more than 20% and the total crypto market capitalization declined by double digits. She said those conditions contributed to a 14% quarter-over-quarter decline in Coinbase’s total revenue.

Several Wall Street firms lowered estimates ahead of earnings and trimmed EBITDA forecasts as lower crypto prices weighed on institutional trading, blockchain rewards and retail activity.

Investors remained focused on Coinbase’s efforts to reduce its dependence on transaction fees.

Subscription and services revenue, which includes USDC interest income, staking, custody, Coinbase One memberships and institutional services, has become a key measure of whether the company can generate more stable revenue through crypto market cycles.

Analysts also watched for updates on newer businesses, including derivatives, prediction markets and Base, Coinbase’s Ethereum layer-2 network.

The company will host a call with investors at 5pm E.T.

US Senators Sent Revised Ethics Rules to White House for CLARITY Act

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US Senators Sent Revised Ethics Rules to White House for CLARITY Act

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.

All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Bitcoin’s (BTC) second-quarter decline leads to $8.2 billion loss

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Bitcoin’s (BTC) second-quarter decline leads to $8.2 billion loss

Strategy (MSTR), the world’s largest corporate bitcoin BTC$65,019.49 holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions of dollars from the value of its digital asset holdings.

The quarterly loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings under fair-value accounting.

The company held 843,775 bitcoin as of July 26, up 25% from the start of the year. At current prices, the stash is worth roughly $54.8 billion, compared with an acquisition cost of $63.7 billion.

The report came after a period of growing investor scrutiny on the firm over whether it can sustain an increasingly complex capital structure built around multiple classes of preferred stock, common equity and convertible debt.

The company raised $17.06 billion through at-the-market stock offerings this year, repurchased $1.5 billion of convertible notes at an 8% discount and expanded its U.S. dollar reserve to $3.75 billion, enough to cover more than two years of preferred dividend payments and interest expenses.

books $8.2 billion in Q2 loss amid bitcoin (BTC) price decline

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books $8.2 billion in Q2 loss amid bitcoin (BTC) price decline

Strategy (MSTR), the world’s largest corporate bitcoin BTC$64,724.82 holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions of dollars from the value of its digital asset holdings.

The quarterly loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings under fair-value accounting.

The company held 843,775 bitcoin as of July 26, up 25% from the start of the year. At current prices, the stash is worth roughly $54.8 billion, compared with an acquisition cost of $63.7 billion.

The report came after a period of growing investor scrutiny on the firm over whether it can sustain an increasingly complex capital structure built around multiple classes of preferred stock, common equity and convertible debt.

The company raised $17.06 billion through at-the-market stock offerings this year, repurchased $1.5 billion of convertible notes at an 8% discount and expanded its U.S. dollar reserve to $3.75 billion, enough to cover more than two years of preferred dividend payments and interest expenses.

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