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XRP (Ripple) Investment Advice
FinanceYahoo2d ago

XRP (Ripple) Investment Advice

An article provides four reasons to invest $2,500 in XRP (Ripple) and hold it for at least five years, offering long-term investment advice for the cryptocurrency.

KT DeFi’s new yield strategy delivers exceptional returns: New York investor earns over $100,000
Financecyprus-mail5d ago

KT DeFi’s new yield strategy delivers exceptional returns: New York investor earns over $100,000

New York, February 2026 – KT DeFi’s latest yield strategy has captured global attention after a New York investor reported earnings exceeding $100,000 in a short period. Amid ongoing cryptocurrency market volatility, this success underscores the rising appeal of structured digital asset strategies. Innovative, Strategy-Driven Approach KT DeFi’s new yield strategy combines automated smart contracts […]

Nevada sues Kalshi as federal regulators say back off
BusinessBusiness Insider14d ago

Nevada sues Kalshi as federal regulators say back off

Kalshi's website Thomas Fuller/NurPhoto via Getty Images Nevada regulators sued Kalshi, saying its markets are actually illegal sports gambling. The suit was filed just as the Trump administration sided with prediction markets. Other states have also sued Kalshi, and many legal observers expect the Supreme Court to weigh in. Nevada gambling regulators sued the prediction markets company Kalshi on Tuesday, saying the platform's rapid growth forced their hand. The Nevada Gaming Control Board and the state attorney general sued in Carson City District Court shortly after a federal appeals court rejected a request by Kalshi to stop the state from taking action. The state is seeking an order to stop Kalshi, the country's largest prediction market, from operating what it sees as an unlicensed sports betting operation. "Kalshi has continued to dramatically expand its business, rather than attempting to maintain any kind of status quo," Nevada authorities said in a letter earlier this month. The regulators emphasized that Kalshi has grown rapidly, doing 27 times as much business on Super Bowl Sunday this year compared to the year before. Meanwhile, regulated Nevada gambling operations saw their business shrink, the state said. A Kalshi spokesperson declined to comment on Tuesday afternoon, but the company swiftly asked a federal court to take over the new state case. They argued that only federal law applies to prediction markets, and that the new state enforcement action turns on the same questions that federal courts are already considering. Kalshi has said that its markets are "event contracts," a financial instrument regulated by the Commodities Futures Trading Commission. The CFTC on Tuesday sided with another events-contracts company that is fighting with Nevada regulators, and its chairman, Michael Selig, filmed a video statement defending the new platforms. "Today, the CFTC is taking an important step to ensure that these markets have a place here in America," Selig said. "To those who seek to challenge our authority in this space, let me be clear: we will see you in court." Economists and political scientists have long been fascinated by prediction markets as a way to channel the so-called wisdom of the crowds. They were generally a niche activity until the 2024 US presidential election, when people wagered millions of dollars on sites like Polymarket. Since the election, sports and cryptocurrency speculation have become the dominant markets. Today, more than 90% of the money that flows through Kalshi's platform is staked on sports-related events, and the growth of platforms like Kalshi has spurred traditional sportsbooks like FanDuel and DraftKings to create their prediction markets to take advantage of the light-touch regulation and lower taxes they offer. Legal battles are pending on the East Coast as well, with regulators in Maryland and New Jersey having clashed with prediction markets. Attorneys and other industry commentators have said they expect the Supreme Court to eventually weigh in on the legality of sports contracts on prediction markets. Read the original article on Business Insider

SoFi Supports Solana Deposits
FinanceYahoo4d ago

SoFi Supports Solana Deposits

SoFi has become the first US-chartered bank to announce support for Solana deposits, marking a significant step for cryptocurrency integration in traditional banking.

Cambodia’s Hun Manet denies state profiting from scam centre proceeds
PoliticsSCMP5d ago

Cambodia’s Hun Manet denies state profiting from scam centre proceeds

Cambodia’s Prime Minister Hun Manet said on Wednesday that scam centres were destroying his country’s economy and giving the nation a bad name – pushing back on allegations of government connivance. The nation has emerged as a hotspot for crime syndicates running a multibillion-dollar fraud industry that sees scammers lure internet users globally into fake romantic relationships and cryptocurrency investments. “The scam network, what we call the black economy, is destroying our honest economy...

$61 Million Bitcoin Bet Wiped Out as Market Fear Deepens
Financemorocco-world-news8d ago

$61 Million Bitcoin Bet Wiped Out as Market Fear Deepens

Casablanca – A $61.5 million leveraged bitcoin position was forcibly liquidated on the cryptocurrency exchange HTX today as prices reversed sharply, marking the largest single liquidation recorded over the past 24 hours, according to data from Coinglass. The liquidation occurred as bitcoin fell from around $68,600 on Saturday to roughly $64,300 by Monday, erasing gains […] The post $61 Million Bitcoin Bet Wiped Out as Market Fear Deepens appeared first on Morocco World News.

Bitpanda CEO Unconcerned by Crypto Crash Amid Market Volatility
Finance20-minuten9d ago

Bitpanda CEO Unconcerned by Crypto Crash Amid Market Volatility

While traditional stocks and precious metals rise, the cryptocurrency market is experiencing a crash. The Switzerland CEO of the trading platform Bitpanda states that price targets are not a concern, focusing instead on technological opportunities and addressing 'black sheep' in the industry.

Crypto Investors Shift to Equities
FinancebloombergYahoo2d ago2 sources

Crypto Investors Shift to Equities

Reports indicate that retail investors are increasingly moving away from cryptocurrency investments and reallocating their funds into equities.

Man Scammed Out of 43,750 Euros on Social Network
Technologymeta-mk4d ago

Man Scammed Out of 43,750 Euros on Social Network

A man from Kumanovo, North Macedonia, was defrauded of 43,750 euros in a scam involving a social network and cryptocurrency. He reportedly handed over the money to an individual at a currency exchange, but never received the crypto funds, and the scammer deleted their conversation.

Which governments own the most Bitcoin—and how they got it
Financecyprus-mail4d ago

Which governments own the most Bitcoin—and how they got it

The United States government is one of the largest Bitcoin holders on Earth—not because Congress voted to create a strategic reserve, but because federal agents have spent a decade seizing cryptocurrency from criminals. Drug dealers, hackers, ransomware operators, and money launderers accumulated Bitcoin through illicit activity. Law enforcement tracked them down and confiscated their digital […]