U.s. – Page 11

U.S. Election Betting Delay Would Be ‘Devastating’ to Kalshi, Firm Says

The prediction market site "has staked its future on ... these markets," it told a court, pushing back against the CFTC's motion for a two-week wait.

CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days

The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her as-yet-unpublished rationale.

Kalshi Cleared to Offer Congressional Prediction Markets in Victory Against CFTC

With two months to go before the election, the U.S.-regulated platform may now get a sliver of the 2024 political betting bonanza that's been dominated by crypto-based rival Polymarket.

U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut

The bitcoin price rose about 1% just after the numbers hit, but remains lower by about 5% from one week ago.

Bitcoin Slips Back to $58K in Continued Desultory Action, but Next Week Could Offer Upside Excitement

It's been a rough August, with the world's largest crypto set to close the month with a double-digit percentage loss.

U.S. SEC Settles with Abra Over Unregistered Sales of Securities

The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.

New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange

Richard Teng, who replaced founder Changpeng "CZ" Zhao in November, is playing the long game.

Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway

Eigen Labs helped its employees access lucrative airdrops. Its U.S. employees appear to have helped themselves to tokens U.S. residents were banned from claiming.

Bitcoin’s 12% Price Rally on Thursday Was The Biggest Since February 2022

Risk assets stabilized as upbeat weekly U.S. jobs veri eased recession concerns.

Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients

Customers Bank has agreed to tackle the regulator's concerns that it's strayed from proper compliance with its digital assets clients.