Netflix is paying up for costly sports rights. Is the company making the right bets?
The streaming service says live programming helps draw in new subscribers, but investors have become disillusioned with Netflix’s broader engagement trends.…
UK sentences 2 hackers tied to $115M crypto ransom scheme
The pair pleaded guilty after investigators linked them to the Scattered Spider cybercrime group, which US prosecutors say extorted dozens of companies.…
Prediction markets just crushed traditional sportsbooks in a massive $50 billion World Cup breakout
Prediction markets just topped $50 billion in monthly volume, capping off the first month of the 2026 FIFA World Cup. Source：CoinDesk
Kalshi files same-day appeal of NY court's rejection of bid to block state gambling law enforcement
Kalshi appealed to the Second Circuit after a New York federal judge denied its request to block state gambling officials from enforcing local laws against its…
Barstool's Portnoy plans to hold bitcoin down to zero after timing it wrong every time
Barstool Sports founder Dave Portnoy said he will hold bitcoin all the way down to zero after buying near $100,000. Source：CoinDesk
Massachusetts AG files amended lawsuit against Kalshi over sports betting after court ruling
The amended complaint, granted by a judge on Tuesday, included allegations that Kalshi targeted users under 21 years old through social media and marketing on…
Michigan judge blocks Kalshi from allowing residents to place sports bets
A Michigan Judge has temporarily blocked Kalshi from offering sports betting contracts to residents, escalating the statefederal fight over prediction markets…
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the…
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offering sportsrelated contracts.…