Kalshi doubled its valuation to $22B in a single funding round — then got banned in Nevada the same week. As investor money floods in from the top, state regulators are pushing back hard from the ground. The courts will have the final word.
Kalshi Raises $1 Billion, Then Gets Banned in Nevada, Same Week
Kalshi doubled its valuation to $22B in a single funding round — then got banned in Nevada the same week. As investor money floods in from the top, state regulators are pushing back hard from the ground. The courts will have the final word.
Expert Insights
Markets
Cardano (ADA) Price Prediction 2026–2031: Can ADA Break Out of Its Rut?
As of March 2, 2026, ADA trades at approximately $0.29, down from highs above $1.00 reached in early 2025. The current market capitalization stands at roughly $10.77 billion, with a circulating supply of approximately 36.07 billion ADA.
Press Release
Web3 Gaming
Immutable Launches Mobile Gaming Division to Tap $121B Market
“A specialist taskforce, hell bent on breaking games into the $121bn mobile market,” Ferguson wrote on X (formerly Twitter). “Since April, we’ve already taken three games to the No. 1 rank on mobile stores. Now we want the charts to be dominated by Immutable.”
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Artificial Intelligence
The Dark Side of Generative AI: Experts Warn of Rising Mass Casualty Risks
Recent lawsuits and studies reveal a dark side to AI chatbots. From validating violent obsessions to drafting attack plans, generative AI platforms are increasingly linked to real-world violence, prompting experts to warn of an impending rise in mass casualty events.
The Kingdom of Bhutan has transferred $72.3 million in Bitcoin, continuing to reduce its national crypto reserves. With holdings dropping from a peak of 13,295 BTC down to roughly 4,400 BTC, market watchers are questioning the future of the nation's sovereign digital asset strategy.
Morgan Stanley is advancing its digital asset strategy, revealing "MSBT" as the ticker for its proposed spot Bitcoin ETF. In a recent SEC filing, the bank disclosed a $1 million seed investment for initial liquidity, with BNY Mellon and Coinbase tapped to support the fund's operations.
The acquisition, disclosed by the company last week, represents Bitmine’s largest ether purchase of the year in token terms. Based on current market prices, the transaction was valued at approximately $140 million.
Recent lawsuits and studies reveal a dark side to AI chatbots. From validating violent obsessions to drafting attack plans, generative AI platforms are increasingly linked to real-world violence, prompting experts to warn of an impending rise in mass casualty events.
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