CFTC Orders Kalshi to Keep Trading After New York Seeks $36 Billion Shutdown
Federal regulator uses emergency authority to direct the prediction market exchange to continue operations under national derivatives rules amid a major state lawsuit
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New York Sues Kalshi Seeking $36 Billion Over Alleged Illegal Gambling
Attorney General Letitia James and Governor Kathy Hochul filed suit claiming the prediction market runs an unlicensed gambling operation, seeking a halt to contracts and massive penalties
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Federal Judge Blocks Minnesota Prediction Market Ban Ahead of August Deadline
A U.S. district judge granted a preliminary injunction preventing enforcement of the state law against CFTC-registered platforms, preserving operations for Kalshi and Polymarket while litigation continues
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FBI Arrests Florida Man in $220K Crypto Theft Scheme Using Steam Games
A 21-year-old suspect allegedly distributed malware through multiple games on Steam, infecting thousands of computers and draining cryptocurrency wallets over two years
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Washington Court Blocks Kalshi Sports Contracts in Escalating Federal-State Regulatory Clash
A Washington state judge has granted a preliminary injunction against prediction market operator Kalshi, ruling its sports event contracts likely violate state gambling laws despite federal CFTC oversight. The decision, effective no earlier than August 5, highlights growing tensions between state regulators and federally regulated platforms
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Judge Denies Kalshi Bid to Block New York Gambling Law Enforcement
A federal judge rejected Kalshi's request for a preliminary injunction, allowing New York regulators to enforce state gambling laws against the platform's sports event contracts. Kalshi has filed an appeal
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Yield Guild Games Shuts Publishing Arm and Cuts 35 Jobs in AI Shift
Yield Guild Games is closing its YGG Play publishing division amid challenging market conditions and redirecting efforts toward AI data generation from gaming behavior
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CFTC Sues Kentucky in Escalating Fight Over Prediction Market Oversight
The Commodity Futures Trading Commission has filed suit against Kentucky, marking the ninth state targeted in a nationwide dispute over federal versus state authority on event contracts
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Pudgy Penguins Expands Retail Footprint with Target Trading Card Rollout
Pudgy Penguins has launched Vibes Series 3 trading cards in Target stores nationwide, marking its largest retail expansion yet and pushing its NFT-based brand further into mainstream consumer markets
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Audiera (BEAT) Explodes Over 1400% in a Month: Inside the Viral Altcoin Rally
Audiera's BEAT token has delivered one of the strongest performances in crypto, surging dramatically while the broader market struggled. Strong fundamentals, market mechanics, and ecosystem momentum appear to be fueling the move
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