The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company’s contracts to gambling.
Revenue fell 70% while continuing-operations and adjusted EBITDA losses widened, leaving the operating picture weaker. The post Crypto revenue tanks 70% for major AI finance company, but its paper gains just delivered a record quarterly profit appeared first on CryptoSlate .
The crypto-friendly trading platform is betting on US equities as regulators keep squeezing its token menu.
Flowdesk’s VARA approval follows its MiCA authorization in France as crypto firms build regulated operations across major global markets.
Nasdaq’s acquisition of the third-largest US alternative trading system comes as the exchange operator expands into tokenized securities and longer trading hours.
Bitcoin price action sank to one-week lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.