Kalshi triggers billion-dollar clash with US gaming industry

Kalshi has fueled a billion-dollar dispute over sports betting regulation as trading activity on its platforms continues to surge. Summary Gaming and tribal groups urged the Senate to block sports-related prediction contracts through the CLARITY Act. The American Gaming Association estimates prediction markets have cost states about $1.08 billion in tax revenue. Kalshi’s crypto perpetual…

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Ripple’s Schwartz Highlights XRP Use Cases Ahead of Largest-Ever Swell Event

Key Takeaways Schwartz highlighted XRP use cases across payments, tokenization, interoperability, decentralized finance, and artificial intelligence. Ripple expects Swell 2026 to be its largest event yet, with more than 1,500 attendees, over 75 speakers, and more than 50 sessions planned. Recent Ripple initiatives and broader ecosystem activity have expanded XRP’s presence in payments, treasury management,…

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Chi-Hua Chien saw Facebook coming; now he says the real AI winners won’t be selling AI

Chi-Hua Chien has spent more than two decades as a venture capitalist, but he thinks like a cultural anthropologist. As a co-founder of Goodwater Capital, a firm focused exclusively on consumer and prosumer technology, he has built a portfolio spanning entertainment, healthcare, fintech, and live experiences — with investments in companies like MIDI Health, Fever,…

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