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Democrats Target Prediction Market Insider Trading, Claim Trump Allies Are Profiting

Democrats are investigating potential insider trading in prediction markets, specifically targeting claims that allies of former President Trump are profiting from non-public information. The scrutiny arises from concerns that these markets, which allow users to bet on political outcomes, may be manipulated by individuals with insider knowledge. Lawmakers are pushing for regulations to ensure transparency and fairness in these markets. The investigation reflects broader worries about the integrity of political betting and its implications for democratic processes.

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Strategy’s latest massive bitcoin purchase offers insight into its evolving funding model

A prominent investment strategy has made a significant purchase of Bitcoin, signaling a shift in its funding model. This acquisition reflects a growing trend among institutional investors to diversify their portfolios with cryptocurrencies. The move is seen as a response to market volatility and inflation concerns, as Bitcoin is increasingly

Facing a crisis, Bitcoin treasury companies need to pivot to survive

Bitcoin treasury companies are currently facing significant challenges due to market volatility and declining prices, prompting many to reconsider their strategies. As the value of Bitcoin fluctuates, these companies are exploring alternative revenue streams and diversifying their investments to mitigate risks. Some are shifting focus towards providing services like custody

PayPal Expands PYUSD Stablecoin Globally as Supply Tops $4 Billion

PayPal has announced the global expansion of its PYUSD stablecoin, which has now surpassed a supply of $4 billion. The stablecoin, designed for seamless transactions and payments, is gaining traction in various markets. This move aligns with PayPal's strategy to enhance its cryptocurrency offerings and facilitate easier digital

Arizona Attorney General files criminal charges against prediction market Kalshi

Arizona Attorney General Kris Mayes has filed criminal charges against the prediction market platform Kalshi, alleging that it violated state gambling laws. The charges stem from Kalshi's operation of a prediction market that allows users to bet on the outcomes of various events, which the AG claims constitutes

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Strategy’s latest massive bitcoin purchase offers insight into its evolving funding model

Facing a crisis, Bitcoin treasury companies need to pivot to survive

PayPal Expands PYUSD Stablecoin Globally as Supply Tops $4 Billion

Arizona Attorney General files criminal charges against prediction market Kalshi