🏴 Shifting Sands for Kalshi

Β·Β·5 min read
Crypto/Web3RegulationNews
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AI Summary

The newsletter analyzes the shifting legal landscape for prediction markets, with the Sixth Circuit joining the Ninth Circuit in rejecting federal preemption of state gambling laws, leaving the appellate scoreboard 2-1 against Kalshi. It also covers Chainlink CCIP 2.0 shipping Ethereum's Fast Confirmation Rule, Vitalik Buterin's new roadmap essay, and Coinbase's expanded partnership with Citi.

Key Facts

βœ“Kalshi faces mounting legal losses as the Sixth Circuit strips its injunction against Tennessee, leaving the appellate split 2-1 against its sports-market model.
βœ“Chainlink CCIP 2.0 goes live as the first major protocol to adopt Ethereum's Fast Confirmation Rule, cutting confirmation times to 12-24 seconds.
βœ“Vitalik Buterin argues Ethereum is becoming a cryptographic world computer, transcending the traditional blockchain form.

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