Tag: betting

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Senators to Introduce Bill to Ban Sports Betting on Prediction Markets

US Senators Adam Schiff and John Curtis are expected to introduce a bipartisan bill on Monday that would bar sports betting and “casino-style” contracts...

Report: Federal Lawmakers Move to Close Prediction Market Betting Loopholes

Congress is stepping into the fast-growing prediction market arena, aiming to draw a hard line between financial contracts and what lawmakers say looks a...

Bitmine (BMNR) buys 65,341 ETH worth $138 million betting on crypto slump ending

Bitmine Immersion Technologies (BMNR) said Monday it bought 65,341 ether (ETH) last week, extending a recent surge in purchases as the firm continues to...

Kalshi gets temporary Nevada ban in dispute over sports betting

Kalshi is now under a two-week restraining order barring bets in Nevada while a legal debate proceeds over the longer-term status of prediction markets...

Three reasons bullish Bitcoin traders are betting top crypto’s price hits $80,000 — and when – DL News

Derivatives data implies Bitcoin will jump about 14% from its current price of $70,000.The bullish forecast comes despite ongoing geopolitical turbulence.Strategy buys another $1.3...

Kalshi Suffers Court Loss in Ohio over Sports Betting Lawsuit

The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sport event contracts.<!-- would...

Polymarket and Palantir team up to protect the integrity of sports betting as prediction platforms face a make-or-break moment

Prediction market platform Polymarket has teamed up with Palantir and TWG AI to build a monitoring system designed to detect suspicious trading and manipulation...

Farage aide ‘Posh George’ loses $655,000 betting on Iran invasion on Polymarket – DL News

Nigel Farage’s political aide lost $655,000 betting on the Iran strikes last weekend.War markets have renewed scrutiny of prediction markets.“Posh George” Cottrell won $4.4...

Why this fired OpenAI employee is betting $1bn on Bitcoin miners – DL News

Leopold Aschenbrenner runs a $5.5 billion hedge fund.The 24-year old’s fund has nearly 20% of the portfolio in Bitcoin miners.His bet, however, is on...

Why TradFi Keeps Betting On An ETH Surge

Key takeaways:Institutional adoption of the Ethereum network accelerates despite Ether disappointing price action. Ethereum and its layer-2s hold 65% of TVL market share.Vitalik Buterin...

UK gambling commission considers allowing crypto payments for licensed betting operators

The U.K. Gambling Commission is exploring allowing crypto payments for licensed betting operators, as part of a broader push for regulations that help fight...

Crypto Industry Bands Together To Demand Clear Betting Market Laws

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new, organized push is under way to shape how crypto prediction...