Kalshi Boots Politician, YouTuber For Insider Trading

A former contender for governor of California has been banned from Kalshi after betting on his own candidacy last year in violation of insider trading rules, the prediction market platform said on Wednesday. According to a statement from Kalshi’s head of enforcement, Robert DeNault, the politician bet about $200 on his candidacy for governor of … Read more

Kraken Launches Flexline Crypto-Backed Loans with 10–25% APR

Crypto exchange Kraken has launched Flexline, a crypto-backed loan product that allows Kraken Pro users to borrow against their digital asset holdings without selling them. According to Wednesday’s announcement, the fixed-rate loans carry terms ranging from two days to two years, with proceeds issued in crypto or stablecoins that can be traded on the platform … Read more

Hut 8 Posts Q4 Loss, Signs $7B AI Data Center Lease

Hut 8 (HUT) reported a fourth-quarter net loss Wednesday of $279.7 million, from income of $152.2 million a year earlier. Revenue for the quarter ended Dec. 31 was $88.5 million, compared with $31.7 million in the same period a year earlier. In its earnings report released Wednesday, Hut 8 said compute revenue for the three-month period totaled … Read more

World Baseball Classic 2026 Pool B preview: Will Italy or Mexico advance? And does Team USA have the best WBC roster ever?

With the Winter Olympics in the rearview, it’s time for baseball’s international competition to move into the spotlight. That’s right: We’re one week away from the start of the 2026 World Baseball Classic, the sixth edition of the tournament. Over the next few days, we’ll preview all 20 teams set to participate in the WBC. … Read more