Kalshi Divorce Market Surges 300 Percent
Kalshi’s institutional trading volume surged 800% in six months, reaching $178 billion annually, driven by user interest in personal prediction markets like divorce probabilities. #Update #Finance
Crypto News
General category for all types of news related to the cryptocurrency world.
Crypto Account Frozen in $13.5 Million Probe
Authorities targeted funds from a $140 million sponsorship deal with @Sorare; no wrongdoing confirmed by the Premier League. #Update #Crypto $ETH
Lazarus Group Moves $30M Through Hyperliquid
Crypto wallet addresses linked to the Lazarus Group moved $30M through Hyperliquid, sending funds to exchanges like KuCoin and Kraken. #Update #Crypto $BTC $ETH $SOL
Trump Son Invests $300 Million in Polymarket
@1789Capital plans to invest up to $300 million in @Polymarket’s funding round, potentially raising its total stake to $500 million as Polymarket seeks up to $1 billion at a valuation exceeding $20 billion. #Update #Crypto
Billionaire Dumps Stock Boosts AI Exposure
Billionaire David Tepper’s Appaloosa sold all SanDisk shares and increased AI-focused investments, with 77% of assets in companies like Amazon and Nvidia, while trimming Micron exposure. #Update #Crypto $NVDA
Stablecoins Gain Ground as Singapore Considers Recognition
The Monetary Authority of Singapore (MAS) is reconsidering its stablecoin regulations, proposing to recognize jointly issued foreign stablecoins under its framework. Public comments accepted until Oct. 16. #Update #Crypto $USDT
CLARITY Act Faces 3 Senate Battles Before Vote
The CLARITY Act faces three unresolved Senate disputes ahead of a Sept. 15 vote, with prediction markets showing a 91% chance of a vote but only a 13% chance of passage this year. #Update #Crypto $BTC
Sorare Probe Freezes $13.6M Premier League
The UK’s National Crime Agency froze $13.6M in Premier League funds linked to @Sorare’s sponsorship amid a gambling probe. Sorare denies allegations. Trial set for June 2027. #Breaking #Legal
STRC Buyback Hits $635M as Preferred Stock Lags
@Strategy has repurchased $635M in STRC, trading at $97.34, while SATA maintains a $100 par value due to its higher dividend rate. #Update #Crypto $STRC
Russia Caps Crypto Investors at $3700
Russia’s new crypto law caps retail investors at 300,000 rubles ($3,700) per broker annually, effective September 1, 2026; full compliance by July 1, 2027. #Update #Legal
Polymarket Secures $1B Raise with Trump Jr.
@1789Capital is investing $300M in @Polymarket, part of a $1B round valuing the platform at $21B, amid regulatory scrutiny and previous investments from ICE totaling $1.6B. #Update #Crypto $POLY
AI Trust Us Cover Sparks Old Warnings
OpenAI’s cover on TIME magazine signals a potential warning for AI investors, reflecting a historical pattern of market behavior during periods of heightened enthusiasm. #Update #Crypto $BTC $ETH
Kalshi Bans George Santos for Life
Kalshi permanently banned former Rep. George Santos for manipulating a prediction market, fining him $71,356 for profiting nearly $18,000. #Breaking #Legal
Senate Showdown: CLARITY Act Odds Unclear
Kalshi predicts a 91% chance of a Senate vote on the CLARITY Act before October 1, while Polymarket sees only a 13% probability of its passage by 2026. #Update #Crypto