Prediction market platform Kalshi has been cleared to offer margin trading to professional clients, a move designed to make its platform more appealing to institutional investors. The license, granted to Kalshi’s affiliate Kinetic Markets, allows it to operate as a futures commission merchant, according to a filing with the National Futures Association. Before margin trading…
Since Bitcoin’s all-time high of $127,000 in October 2025, the first quarter of 2026 has gotten off to a shaky start, with Bitcoin crashing to a $60,000 floor in under five months. While this whiplash may be painful, it looks worse than it really is: the market is actually doing exactly what it needs to…
The state of Washington has become the latest to sue a prediction markets provider, after alleging Friday that Kalshi had violated state gambling laws through its products. According to the complaint, Washington has a tightly-regulated gambling market, including a ban on online gambling, but Kalshi’s products bypass these regulations. “Kalshi’s website and app show consumers…
As quantum computing edges closer to practical reality, the crypto industry is beginning to confront a question it has long deferred: what happens if the cryptography underpinning trillions of dollars in digital assets no longer holds? The answers, so far, are anything but uniform. Across many of the most well-known ecosystems like Bitcoin, Ethereum, and…
Don’t be fooled by the prolonged crypto bear market, the industry remains a sound investment and less at risk from replacement by AI than traditional software as a service (SaaS) operations, according to Ravi Tanuku, CEO of KRAKacquisition Corp. (KRAKU), a blank check company backed by U.S. crypto exchange Kraken. The company, a Nasdaq-listed special…
Anthropic is testing the most powerful AI model it has ever built, and the world wasn’t supposed to know yet. A data leak reported by Fortune on Thursday revealed that the AI lab behind Claude has trained a new model called “Mythos,” which it internally describes as “by far the most powerful AI model we’ve…
The crypto industry’s reaction was that a quantum computing threat was still distant when Google unveiled its Willow quantum chip in December 2024. Bitcoin uses SHA-256 for mining and ECDSA for signatures, both of which are theoretically vulnerable to quantum decryption, but the consensus was that the threat was decades away. Breaking encryption would require…
Crypto stocks are getting hit hard Friday as weakness in U.S. equities rippled through high-risk assets, driving bitcoin BTC$66,263.21 below $66,000. Crypto exchange Coinbase (COIN) and digital asset conglomerate Galaxy (GLXY) dropped nearly 7%, while exchange Gemini (GEMI) slid almost 9%, marking one of the steepest losses in the group. Crypto-friendly broker Robinhood (HOOD) also…
When one of the world’s largest card networks pays a significant premium over a company’s last valuation to acquire it, that is worth paying attention to. When the company in question builds stablecoin settlement infrastructure, it tells you something fundamental about where the payments industry believes it needs to be – and how urgently it…
Morgan Stanley plans to price its proposed spot bitcoin BTC$66,494.34 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off a new round of fee competition among existing funds. The…