ChainCatcher news, according to The Block, the prediction market platform Kalshi has filed a lawsuit against the gambling regulators of Nevada and New Jersey after receiving a cease-and-desist order from them. The regulators demanded that Kalshi stop offering sports-related contracts, arguing that such activities constitute sports betting, which can only be provided by entities licensed by the state.Kalshi argues in the lawsuit that, as an exchange regulated by the Commodity Futures Trading Commission (CFTC), it should be exclusively regulated by the federal government, and the Commodity Exchange Act takes precedence over state laws. The Nevada Gaming Control Board believes that Kalshi's contracts constitute gambling because the payouts are entirely dependent on the outcomes of external events, rather than the actions of the contract participants.Kalshi's CEO Tarek Mansour stated that prediction markets are an important innovation of the 21st century, and the company will defend this technology in court. The core of the dispute is whether event-based or sports-related contract trading constitutes gambling regulated by state governments or falls under the exclusive regulation of federal authorities as financial derivatives trading.ChainCatcher previously reported that New Jersey regulators have demanded Robinhood and Kalshi to cease providing sports betting services.

ChainCatcher news, according to Cointelegraph, Nevada Secretary of State Francisco Aguilar announced the introduction of blockchain technology into the state's election certification process to ensure the fairness of future elections.Aguilar stated in a press release that the state is "committed to holding the safest elections in the nation," and that blockchain technology is an essential part of these efforts. Currently, there are few details about the implementation, and it is unclear whether the state has developed a proprietary blockchain or is using existing commercial or open-source blockchain technology.

ChainCatcher news, according to the Associated Press, all polling places in Nevada's largest county, the last swing state in the U.S., have now closed. With 4% of the expected votes counted, Trump has received 71.5% support, while Harris has received 26.8% support.

ChainCatcher news, according to Jinshi reports, based on a poll by The New York Times and Siena College, as the U.S. election approaches, Vice President Kamala Harris and Republican Donald Trump are in a deadlock in key swing states.Currently, Harris has a slight lead over Trump in Nevada, North Carolina, and Wisconsin, while Trump maintains an advantage in Arizona and has erased Harris's lead in Pennsylvania.

ChainCatcher news, U.S. Vice President Harris will attend a rally in Nevada on October 31.

ChainCatcher news, according to IBTimes, based on data from Polymarket, Trump secured Nevada later on Wednesday (51% to 49%), and as of early Thursday, he still leads Harris in all the swing states tracked by the decentralized market prediction platform.It is noteworthy that Nevada was once a Republican-leaning state but has shifted to support the Democratic Party in recent years. Current trends indicate that the state may swing back to the Republican Party. Additionally, Nevada is considered one of the most "unpredictable" swing states in this year's election.Last year, the state showed great interest in cryptocurrency. The independent voters and multilingual environment in Nevada add uncertainty to the election, potentially becoming one of the key factors in determining the election outcome.

ChainCatcher news, according to Watcher.Guru's disclosure on social media X, X has obtained a money transmission license for payment services in Nevada.Previously, according to the NMLS website, the social media platform X (formerly Twitter) obtained a money transmission license in Rhode Island on August 28. This license will allow X to provide virtual asset-related services for its large user base, such as storing, transferring, and trading digital assets.

ChainCatcher news, a recent report released by CoinGecko shows that Nevada, where Las Vegas is located, is the state in the U.S. most interested in Bitcoin ETFs.

ChainCatcher news, the crypto-friendly brokerage platform Robinhood officially announced that its subsidiary Robinhood Crypto has been authorized by the New York State Department of Financial Services to engage in virtual currency business activities, and has launched trading and transfer services for 15 types of tokens.Robinhood Crypto services are currently available in all U.S. states and the District of Columbia, except for Hawaii.

ChainCatcher news, Robinhood announced that its cryptocurrency trading app Robinhood Crypto has launched in the state of Nevada, USA, supporting the buying, selling, and transferring of 15 cryptocurrencies.

ChainCatcher news, CoinDesk reports that the Eighth Judicial District Court of Nevada has approved the entry of cryptocurrency custodian Prime Trust into bankruptcy management. Previously, Nevada had ordered the company to cease all activities and accused it of using customer funds to meet withdrawal requests.According to documents submitted to the Financial Institutions Division (FDI) of the Nevada Department of Business and Industry, Prime Trust's overall financial condition has severely deteriorated, placing the company in an unsafe or unsound trading situation, and its business will be taken over by Nevada Bank President John Guedry.Previous report states that in June of this year, Nevada regulators announced they had applied to take over Prime Trust and froze all its operations. Another cryptocurrency custodian, BitGo, terminated its acquisition of Prime Trust. It is reported that Prime Trust owes customers $85.67 million in fiat and $69.509 million in digital currency, but only holds $2.904 million in fiat and $68.648 million in cryptocurrency. Regulators also accused Prime Trust of using funds from customer accounts to meet withdrawal requests from old wallets.

ChainCatcher news, according to The Block, the Financial Institutions Division (FDI) of Nevada has announced that it has requested a court in Nevada to appoint a receiver to take over the daily operations of Prime Trust and thoroughly examine its financial situation to determine the best options for Prime's clients, either to restructure and return the company to private management or to liquidate it. The regulator stated that Prime's operations are unsafe and unsound, and the company lacks the funds to pay customer deposits and cannot continue cryptocurrency custody services.Previous news, Prime Trust lost access to old wallets as early as 2021 and used customer assets to repurchase cryptocurrencies. Prime Trust owes customers $85.67 million in fiat and $69.509 million in digital currency, but currently holds only $2.904 million in fiat and $68.648 million in cryptocurrency. (The Block)

ChainCatcher news, a recently circulated video on Twitter shows two police officers from Nevada, USA, discovering two pieces of paper while searching a suspect's car, one of which contains a seed phrase, making the suspect's seed phrase public information.It is reported that the video has sparked discussions among many crypto users about the best ways to store seed phrases. Binance CEO Changpeng Zhao commented on this: he supports the freedom to choose how to store seed phrases but emphasizes the importance of understanding the risks associated with each method. (Cointelegraph)