Kalshi has removed all sports-mention markets (contracts on whether a broadcaster says a particular word), as the Commodity Futures Trading Commission reviews whether the category invites manipulation, NPR reported based on anonymous sources. Mention markets on Trump, corporate earnings calls, and news broadcasts remain live on the platform even as a Washington court has just […]
Bitcoin hovered near $63,000 after hitting an intraday low of $62,470, remaining virtually flat over 24 hours and leaving seven-day losses at 2.6%. BTC Stumbles Near $63,000 Bitcoin dipped below $63,000 for the second consecutive day on Friday, with the decline deepening in early trading. The cryptocurrency initially appeared to consolidate around $63,400 hours after […]
SpaceX has completed its $60 billion acquisition of Cursor, bringing the AI coding company and its model-development operation under SpaceX. The transaction deepens a partnership centered on using large-scale computing infrastructure to train more capable models. SpaceX Closes $60 Billion Cursor Acquisition Space Exploration Technologies Corp. (Nasdaq: SPCX) completed its acquisition of Cursor on Aug. […]
Bitcoin’s network hashrate has fallen as much as 17% below its all-time high, per CryptoQuant, as publicly listed miners redirect power and capital toward artificial intelligence data centers instead of chasing new mining capacity. Hashrate Pulls Back From Record Highs Bitcoin’s network hashrate, the combined computing power securing the blockchain, has retreated meaningfully from its […]
Bitcoin closed lower after a volatile session, dropping to $62,912 before recovering slightly back above $63,000, pushing its market cap to $1.26 trillion. Crypto Liquidations Top $227 Million Following a virtually flat Wednesday close, bitcoin moved lower alongside an uptick in volatility. After spending much of Wednesday afternoon bound between $63,300 and $63,500, a brief […]
TRM Labs’ latest report highlights the effects of the full implementation of MiCA on Europe, tightening the existing regulatory patchwork. Only a fifth of all pre-MiCA crypto service providers received an authorization to operate, with the largest number coming from jurisdictions that built licensing capacity early. TRM Labs Report Evidences MiCA’s Sweep In Europe As […]
On my first day, I stood in front of a shark tank while a crypto price ticker snaked along the ceiling of the entire office, and wondered where I had found myself. Eleven years after BitMEX opened, it’s time to draw the curtain. The following guest post is written by Peter Wilkinson, CEO of the […]