The U.S. Court of Appeals for the Ninth Circuit has ruled against Kalshi, a prediction market platform, in a dispute over state …
Nevada
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Regulation
Nevada Wants $120K a Day from Kalshi Over Geofence Failures. Kalshi Says the Testers Cheated
by shayaanby shayaanNevada gaming regulators are asking a court to fine Kalshi $120,000 per day, alleging that the prediction market operator continued to offer …
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Mining
Bitdeer Invests $36M in Nevada Mining Rig Factory to Boost SEALMINER Production
by shayaanby shayaanNasdaq-listed Bitcoin mining company Bitdeer has announced a significant expansion of its manufacturing capabilities with a $36 million investment in a new …
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Mining
Bitdeer to Build First US Mining Rig Factory in Nevada, Aiming for 10,000 Units Per Month
by shayaanby shayaanNasdaq-listed Bitcoin mining firm Bitdeer (BTDR) has announced plans to construct a $36 million manufacturing facility in Sparks, Nevada. The plant, which …
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A state judge ruled that Kalshi’s prediction markets offering sports bets were “indistinguishable” from gambling, and extended a temporary ban in Nevada. …
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Smart Contracts
Nevada Becomes First State to Ban Prediction Market Kalshi—At Least for Now
by shayaanby shayaanIn short Kalshi was temporarily banned in Nevada, shutting down the sports, politics and entertainment markets for at least a fortnight. A …
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A Nevada court issued a 14-day ban on a wide range of contracts from prediction market firm Kalshi as the firm continues …
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Regulation
Court Ruling Raises Risk of Nevada Trading Halt for Kalshi, Polymarket
by shayaanby shayaanPrediction market Kalshi is once again staring down a possible restraining order in Nevada after a federal judge sent the dispute back …
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In brief The Ninth Circuit has denied Kalshi’s emergency request for an administrative stay Nevada can now file a civil enforcement action …
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Regulation
Nevada court hits Polymarket with temporary restraining order, tests CFTC control
by shayaanby shayaanA Nevada state judge has temporarily forced onchain prediction market Polymarket to halt business in the state, with a ruling that challenges …