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New York sues Kalshi, calling prediction markets illegal gambling

New York sued prediction market platform Kalshi, alleging it operates an illegal gambling business via event contracts on sports, elections, and other outcomes.The lawsuit...

Strategy Halts Bitcoin Buys, Offloads Holdings Amid Losses

Strategy halted Bitcoin purchases and is now selling some holdings to fund operations, according to its Q2 earnings call.Despite the pause, the company still...

Tesla China Carveout Could Ease SpaceX Merger Path

Elon Musk denied a report that Tesla is preparing to separate its China business, calling it “absurdly fake news.”Advisers have discussed a China spinoff,...

Institutional shift narrows altcoin rally to fewer winners

Institutional counterparties generated 72% of spot flow on Wintermute’s OTC desk in the first half of 2026, the highest share on record.Institutional activity is...

Rivian R2 deliveries start June, output scales to year-end

Rivian began delivering its R2 electric SUV in June, with production exceeding internal expectations and 57,000 demo drives completed in the quarter.The company expects...

Strategy Posts $8.2B Q2 Loss as Bitcoin Slump Hits

Strategy posted an $8.22 billion net loss in Q2 2025, primarily due to an $8.32 billion unrealized loss on its Bitcoin holdings.The company now...

North Korea macOS Malvertising Uses Fake Update, Blockchain C2

North Korean hackers are using a fake macOS update screen to trick users into running malicious Terminal commands.The campaign employs blockchain-hosted command-and-control (C2) via...

Coinbase Q2 Revenue Misses Estimates, Shares Drop 5%

Coinbase reported $1.22 billion in Q2 revenue, missing the $1.29 billion estimate, and posted a $359 million net loss.Transaction revenue declined to $599 million,...

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ImmunityBio founder touts sepsis trials, NantX after Binance theft

Patrick Soon-Shiong renewed his “NantX coming soon” teaser after a $6.3 billion Binance theft, spotlighting a separate financial-services venture.ImmunityBio...

Crypto.com Shuts Hong Kong App, Eyes Institutional Exchange

crypto.com will shut down its consumer app in Hong Kong on Feb. 1, 2027, citing regulatory changes.Affected users have...

Kim Yo Jong denies North Korea behind Binance hack, hints US

Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack and rejected the FBI's attribution of...

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Bitcoin Faces Red 2025 Candle; Needs 6.24% Rise in 3 Days…

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