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Massachusetts judge poised to tell Kalshi to stop taking sports bets in state

A Massachusetts judge is expected to order Kalshi, a prediction market platform, to cease taking sports bets in the state. The ruling comes as the Massachusetts Gaming Commission has raised concerns about the legality of Kalshi's operations, arguing that the platform's offerings resemble illegal sports betting. Kalshi has maintained that its markets are legal and regulated, but the judge's decision could significantly impact its business model. The outcome of this case may set a precedent for how prediction markets are regulated in the future.

Read the full article: CoinDesk

Delaware Life, BlackRock Offer Bitcoin Exposure Through Fixed Indexed Annuity

Delaware Life and BlackRock have partnered to offer a fixed indexed annuity that provides exposure to Bitcoin. This new financial product allows investors to benefit from Bitcoin's price movements while offering the security of an annuity. The annuity is designed to appeal to those looking for a combination

CFTC Faces Tough Crypto Mandate With Fewer Staff, Inspector General Says

The U.S. Commodity Futures Trading Commission (CFTC) is grappling with a challenging mandate to regulate the rapidly evolving cryptocurrency market, as highlighted by the agency's Inspector General. The report indicates that the CFTC is operating with a reduced workforce, which complicates its ability to effectively oversee the

Solana Mobile begins SKR token airdrop to Seeker phone users

Solana Mobile has initiated an airdrop of its SKR tokens to users of the Seeker phone, which is designed to enhance the mobile Web3 experience. The airdrop aims to reward early adopters of the Seeker phone and promote the use of Solana's ecosystem. Users who have activated their

OpenAI Deploys Age Prediction to Restrict Teen Access on ChatGPT

OpenAI has implemented an age prediction feature for its ChatGPT platform to restrict access for users under the age of 18. The system uses machine learning algorithms to estimate the age of users based on their interactions. This move aims to enhance user safety and ensure compliance with regulations regarding

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Delaware Life, BlackRock Offer Bitcoin Exposure Through Fixed Indexed Annuity

CFTC Faces Tough Crypto Mandate With Fewer Staff, Inspector General Says

Solana Mobile begins SKR token airdrop to Seeker phone users

OpenAI Deploys Age Prediction to Restrict Teen Access on ChatGPT