Author: John Smith

Prediction market guides explain how contracts resolve and pay. Almost none explain what happens when a market never gets that far, because it was voided, suspended by a court, renamed mid-life, or pulled by the exchange. The answers live in rulebooks and incident history, and they differ enough to matter. Summary A prediction market can end without a normal resolution in at least four ways: the exchange voids it, a regulator or court forces suspension, the contract’s terms are altered mid-life, or the venue withdraws a self-certified product under pressure. Voiding is the cleanest outcome and generally means positions are…

A federal judge has rejected the CFTC’s request to stop Wisconsin from enforcing state gambling laws against federally regulated prediction market platforms. Summary Judge William Griesbach denied the CFTC’s request for a preliminary injunction against Wisconsin. The court found sports event contracts may fall within Wisconsin’s commercial gambling laws. Wisconsin is pursuing cases against Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase. The CFTC plans to appeal the ruling and continue defending its claimed jurisdiction. Wisconsin court rejects CFTC injunction Judge William Griesbach of the U.S. District Court for the Eastern District of Wisconsin denied the Commodity Futures Trading Commission’s attempt to…

Freehand has raised $75 million to expand AI agents that handle invoices, supplier negotiations, payments, and other supply-chain tasks for large companies. Summary Battery Ventures and NewRoad Capital Partners co-led the $75 million funding round. Freehand says its agents are deployed at Meta, Unilever, Pfizer, and Johnson & Johnson. Customers recovered 5% to 10% of spending in some categories, according to company data. The startup will expand beyond invoice management into broader supply-chain operations. Freehand secures $75 million from US investors Battery Ventures and NewRoad Capital Partners co-led the round, with Nexus Venture Partners and PSP Growth also participating. Former…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Expanding crypto tax reporting rules are pushing investors to maintain accurate transaction records across exchanges, wallets, staking, and DeFi. Summary Crypto tax reporting now extends beyond exchange exports as DeFi, staking, and wallet transfers complicate recordkeeping. Expanding IRS crypto reporting rules make accurate wallet-level transaction records more important for tax compliance. DeFi, staking, and self-custody are reshaping crypto tax reporting as investors face stricter IRS recordkeeping requirements. For a long time, many crypto investors treated tax preparation as a…

Polymarket traders cut the CLARITY Act’s chances of becoming law in 2026 to a record-low 27% after the Senate postponed action on the crypto market structure bill. Summary CLARITY Act passage odds fell to 27%, their lowest level since the Polymarket market opened. Senate leaders prioritized Russia sanctions and federal nominations before the scheduled Aug. 8 recess. Senators Ruben Gallego and Thom Tillis are preparing a bipartisan ethics counteroffer for the White House. SEC Chair Paul Atkins said the agency could write crypto rules without Congress if negotiations fail. CLARITY Act odds fall as Senate changes priorities The Polymarket contract…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid crypto market uncertainty, Long DeFi highlights AI-driven analytics and automated strategies to help users navigate BTC and XRP market volatility. Summary Long DeFi promotes AI-powered cloud mining, highlighting automated hashrate management and daily crypto reward settlements. Long DeFi expands its AI-driven cloud mining platform with automated contracts, renewable energy, and multi-crypto support. The AI-powered cloud mining platform highlights automated mining services and renewable energy infrastructure for investors. Amidst the impact of inflation, major cryptocurrencies like BTC and XRP…

Bitcoin price recovered 2.8% from an intraday low of $62,850 to around $64,650 on July 29 as traders positioned for the Federal Reserve’s interest rate decision. Summary Bitcoin rebounded 2.8% after buyers defended the 200-day exponential moving average near $62,850. $65,000–$65,200 remains the immediate resistance zone, reinforced by the 4-hour Supertrend indicator. Traders have purchased $2.5 billion in Bitcoin call spreads targeting a move toward $72,000. A rejection below $65,000 could expose $62,000–$62,500 as ETF outflows weaken spot demand. Bitcoin price recovers before the Fed decision According to data from crypto.news, Bitcoin (BTC) price rose from $62,850 to an intraday…

The U.S. Senate confirmed former Securities and Exchange Commission Chair Jay Clayton as Director of National Intelligence on July 28 in a 51-47 party-line vote.  Summary 51 senators confirmed Jay Clayton as intelligence director, while 47 opposed his nomination Tuesday evening. Clayton chaired the SEC when the agency filed its 2020 enforcement action against Ripple Labs. Ripple and the SEC dismissed their appeals in 2025, leaving the $125 million judgment intact. The appointment brings the official who led the SEC when it sued Ripple Labs in 2020 into a role coordinating the country’s 18 intelligence agencies. Clayton will replace acting…

Gate US joined BitGo’s Go Network Off-Exchange Settlement service on July 28, giving eligible institutional clients access to the exchange’s U.S. liquidity while their assets remain in custody at BitGo Bank & Trust, National Association. Summary Gate US clients can trade while assets remain segregated inside BitGo Bank and Trust custody. Ten named venues now appear on BitGo’s OES list after Gate US joins the network. BitGo Bank operates under an OCC national trust charter completed and effective in December 2025. The integration extends a broader partnership announced five days earlier. Gate US said BitGo would provide institutional custody, wallet…

Tether and the Nairobi Securities Exchange signed a memorandum of understanding on July 28 to explore tokenized securities, blockchain-based market infrastructure and digital asset education in Kenya.  Summary Tether and NSE will explore tokenized securities, fractional access, instant settlement, and digital asset education. Kenya’s 2025 law assigns tokenization oversight to CMA and stablecoin issuance oversight to CBK separately. RWA.xyz tracks $36.9 billion in tokenized assets excluding stablecoins, showing the sector’s expanding institutional scale. The parties will also assess whether USDT could serve as a settlement infrastructure layer where Kenyan rules permit it. The announcement does not approve a tokenized security,…