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Wednesday, 12 August 2026

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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…

Hong Kong’s economy grows 4.3% in second quarter

HONG KONG — China’s economy last quarter grew at the slowest rate in three years, reflecting a broader slump that the country’s leaders signaled earlier this year when they set the lowest growth target in more than thre…

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.