High Alert
CryptoSlate

A $36 billion lawsuit just turned Kalshi’s $40 billion valuation race into a federal market emergency

A $36 billion lawsuit just turned Kalshi’s $40 billion valuation race into a federal market emergencyWorldPing

The federal order preserves trading, but the regulator’s explosive description of New York’s TRO request is not a final ruling.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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CFTC Cites Bitcoin Position in Emergency Order Shielding KalshiWorldPing
Bitcoin.com

CFTC Cites Bitcoin Position in Emergency Order Shielding Kalshi

The Commodity Futures Trading Commission (CFTC) ordered Kalshi to keep running its exchange after finding that New York’s attempt to stop the platform presented a market emergency.

Brief by WorldPing · Original reporting by Bitcoin.com