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Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

3 months ago by Crypto InsightsCrypto

MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. Appearing at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO of sports betting platform Novig, said the legacy sportsbook model is… Read More

AI agents becoming more relevant than humans by 2035 has Big Tech ‘terrified’, says Hoskinson

AI agents becoming more relevant than humans by 2035 has Big Tech ‘terrified’, says Hoskinson

3 months ago by Crypto InsightsCrypto

AI agents will become more relevant than humans on the internet within the next decade, a shift already already forcing Google, Facebook and Amazon to react, said Charles Hoskinson. In his keynote at Consensus Miami 2026 on Wednesday, Hoskinson also said that “by 2035, the… Read More

XXI higher by 8% on merger plans with Strike and bitcoin miner Elektron Energy

XXI higher by 8% on merger plans with Strike and bitcoin miner Elektron Energy

3 months ago by Crypto InsightsCrypto

The shares of Twenty One Capital (XXI), the bitcoin-focused firm, are up over 8% in after-hours trading on Wednesday, after majority shareholder Tether Investments proposed a merger with Strike and Elektron Energy. Tether Investment, the independent investment arm of the stablecoin issuer, said it intends… Read More

Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting

Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting

3 months ago by Crypto InsightsCrypto

Artificial intelligence is pushing financial systems toward a model where machines execute transactions at scale, raising new challenges around control, oversight and infrastructure, said Microsoft and Chainalysis executives. Bill Borden, corporate vice president of worldwide financial services at Microsoft, said Tuesday that legacy systems will… Read More

U.S. arrests soldier for Polymarket bets on Nicolas Maduro raid he participated in

U.S. arrests soldier for Polymarket bets on Nicolas Maduro raid he participated in

3 months ago by Crypto InsightsCrypto

The U.S. Department of Justice arrested a master sergeant with the Army on allegations he placed wagers on the raid of Nicolas Maduro ahead of participating in the operation to detain former Venezuelan leader. The DOJ unsealed an indictment Thursday charging Gannon Ken Van Dyke… Read More

Kalshi flags more insider trading cases, including politician who appeared on FBoy Island

Kalshi flags more insider trading cases, including politician who appeared on FBoy Island

3 months ago by Crypto InsightsCrypto

Kalshi, one of the leading prediction market firms, has issued another set of insider-trading disciplinary actions against users accused of making improper trades based on their inside knowledge of their own political situations, including an ex-reality TV star in Virginia who said he did it… Read More

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