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Wednesday, 12 August 2026

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Money

New York AG Seeks $36B From Kalshi Over 'Illegal Gambling'

New York State is seeking at least $36 billion from Kalshi, asking a state court to shut its prediction market down and strip it of three times whatever it has earned. Attorney General Letitia James filed the petition o…

Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep

Roughly 594 bitcoin, worth about $38 million, was swept out of around 500 separate wallets between 01:31 and 01:56 UTC on Friday in an attack traced to a flaw in how Coldcard hardware wallets generated their keys.