Headlines

Polygon co-founder launches Nepal crypto relief drive

Polygon co-founder Sandeep Nailwal has launched a stablecoin donation channel for Nepal’s official disaster fund, with Blockchain for Impact pledging $100,000 to the campaign. Summary The campaign accepts cryptocurrency before converting the funds into Nepalese rupees for the government relief fund. Polygon’s Open Money Stack, Coinme and Cross River Bank support the donation infrastructure. Blockchain…

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Michigan Blocks Predictions Markets Platform Kalshi From Offering Sports Bets in the State

A Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for failing to block access. The order requires KalshiEx, LLC to maintain geofencing using a state-licensed third-party provider, with violations triggering a $500,000 daily fine. The injunction prohibits offering, facilitating, advertising, or processing any…

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