FlightAware drops Kalshi lawsuit one day after filing
Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight…
FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off
The flighttracking company voluntarily dismissed, without prejudice and without sharing a motive for its decision. However, the flight cancellation market…
Binance, RedotPay clash over fate of Singapore lawsuit
Amid a $473 million legal dispute, RedotPay says it expects Binance to end its Singapore case, while Binance says its claims remain active. Source:Cointelegraph
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling. Source:Cointelegraph
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sportsrelated prediction markets. Source:CoinDesk
Following Senate delay, crypto bill has a narrow window to become law
After an August recess, lawmakers in the Senate will have just 36 days in session before the end of the year to pass the CLARITY Act. Source:Cointelegraph
FlightAware sues Kalshi over flight cancellation data
The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company’s…
Russia proposes exchange trading of Bitcoin, Ether and Tether’s USDT
Russia’s central bank proposed allowing Bitcoin, Ether and USDT to trade on regulated exchanges, following a law signed by President Vladimir Putin last week.…
As Lumentum gears up for earnings, here’s a sign the optical trade is clawing back
A photonicsthemed ETF saw better demand in its first trading day than a popular memory ETF did at the same point in its life cycle. Source:MarketWatch
Ravencoin could roll back four days of transactions after critical block flaw
Two mining pools controlling most of Ravencoin’s hashpower are building a replacement chain from before Friday’s first invalid block, putting deposits,…
FlightAware sues Kalshi over bets on flight cancellations
The flighttracking company alleges Kalshi used its data and trademark without permission to settle contracts on canceled flights. Source:CoinDesk
UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets AllParty Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital…