New York judge rejects CFTC’s motion to block enforcement action against Kalshi, as the federal-state jurisdiction dispute continues.
1 hours ago
New York District Judge Jed S. Rakoff today dismissed an emergency temporary restraining order (TRO) application from the U.S. Commodity Futures Trading Commission (CFTC), which sought to block New York State from advancing its enforcement case against prediction platform Kalshi. The judge ruled that the CFTC failed to demonstrate a likelihood of success on the merits of its case, nor did it prove a risk of irreparable harm. The dismissal was issued without prejudice, meaning the CFTC can refile the relevant motion by August 7. New York Attorney General Letitia James sued Kalshi last Friday, alleging the platform operated an unlicensed prediction business by offering contracts on events including sports and elections. New York State had already sent a cease-and-desist order to Kalshi back in October 2025. The core dispute in the case centers on whether federal commodity law preempts state law: state authorities argue event contracts are predictions subject to state regulation, while the CFTC and Kalshi maintain they are derivatives under the CFTC’s exclusive jurisdiction.
Hyperliquid pre-prices Unitree’s new token offering to yield a 4.88x gain, with the private subscription date set for August 10.
14 minutes ago
Hyperliquid has launched pre-IPO perpetual contracts for Yushu.
14 minutes ago
Polymarket becomes the official prediction market provider for the ATP Tour.
14 minutes ago
Codex Product Lead: Cutting-edge AI applications will undergo major evolution in the coming months, leaving Codex looking outdated.
14 minutes ago
Binance Alpha will list QUID trading at 21:00, with a point threshold of 243 points.
14 minutes ago
Tencent Hunyuan officially launches its new-generation speech recognition model, Hy ASR 3.0 preview.
14 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

