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Should Politicians Be Able to Use Prediction Markets? House Bill Proposes Ban

A new House bill proposes to ban politicians from using prediction markets, which are platforms that allow users to bet on the outcomes of future events, including elections. The legislation aims to prevent potential conflicts of interest and ensure the integrity of political processes. Supporters argue that such a ban is necessary to maintain public trust, while opponents believe it infringes on personal freedoms. The bill reflects growing concerns about the influence of speculative trading on political decision-making. If passed, it could significantly impact how politicians engage with prediction markets in the future.

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Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

The White House confirmed that Bitcoin seized from the Samourai Wallet has not been sold. This statement comes amid speculation regarding the fate of the cryptocurrency, which was part of a larger seizure linked to criminal activities. The administration emphasized that the Bitcoin remains in custody and has not been

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech

State Street, a major financial institution with $36 billion in assets, is exploring the integration of blockchain technology to modernize legacy finance systems. The bank aims to enhance transparency, efficiency, and security in financial transactions through the use of distributed ledger technology. State Street's initiatives include developing digital

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has introduced a new feature called "Custom Combos" in its prediction market, allowing users to create personalized bets on various outcomes. Unlike traditional parlays, these Custom Combos enable users to combine multiple predictions into a single wager. The feature aims to enhance user engagement by offering more

Crypto developer protections don't belong in market structure bill, senators say

Senators have expressed that protections for crypto developers should not be included in the upcoming market structure bill. They argue that the focus of the legislation should be on broader market regulations rather than specific provisions for the cryptocurrency sector. This stance reflects concerns about the potential implications of such

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Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Crypto developer protections don't belong in market structure bill, senators say