New York has filed lawsuits against two major crypto platforms, Coinbase and Gemini, arguing that their prediction markets—where users bet on sports, entertainment, and elections—are actually illegal gambling under state law. The state claims these markets operate like unlicensed bookmakers, with ad
The push for cleaner energy isn’t waiting for politics to catch up. A recent court decision just cleared away some federal blocks slowing down solar and wind projects across the country. Meanwhile, big companies are making big moves in new directions. One coffee giant, known for its green mermaid lo
States want to raise money from online prediction sites, but they’re not sure what those sites actually are. The debate centers on whether the sites should be treated like sports betting, financial derivatives, or something else entirely. If they’re seen as gambling, states could tax them the sam
The Red Sox are off to a rough start this season. Their new pitchers haven’t delivered consistently, and some expected breakout stars are struggling. Even the catcher position, which was supposed to be a strong point, has left fans disappointed. Only a handful of players have performed as expected s
Large financial firms are exploring ways to enter the fast‑growing world of prediction markets. Charles Schwab’s chief executive hinted that his company might offer a platform for forecasting events, but only if it aligns with long‑term wealth building and avoids risky areas like sports or pop cu
XRP has jumped about 10% in just seven days, catching the attention of crypto watchers. This sudden rise has people wondering if it’s just a small bump or the start of something bigger. Some traders point to a pattern called price compression, where an asset’s price gets squeezed into a tight range
A new project is building a computer program that can spot how quickly kids’ vision might worsen. The goal is to help parents and teachers catch myopia before it gets serious. The program uses artificial intelligence, which means the computer learns from many examples of eye measurements and life
Ohio regulators hit Kalshi, a popular online prediction market, with a $5 million fine for running sports bets without a proper license. The state’s gambling watchdog announced the penalty in mid-April, calling out the company for ignoring rules that took effect in early 2023. Since then, Ohio has r
The Oklahoma City Thunder finished the regular season with the best record in the league for a second straight year. They won 64 games against just 18 losses, proving they are built to compete at the highest level. But when players from around the NBA were asked who they think will win the champions
The Commodity Futures Trading Commission (CFTC) is making a bold move to claim full control over prediction markets, a fast-growing sector blending cryptocurrency with event-based betting. Instead of waiting for states to set rules, the agency is suing three states— Arizona, Illinois, and Connecticu
