Prediction Markets: Gambling or Market Signal?

Matt and Nic are back with another week of news and deals. In this episode:

• Crypto VC funds have some dry powder
• CFTC chair Mike Selig asserts jurisdiction over prediction markets relative to the States
• Is Kalshi more reliable than interest rate futures?
• The CLARITY Act inches closer to passing
• Shake up at Gemini
• OpenClaw agents are going to start phishing crypto users
• Bitwise aims to launch prediction market ETFs
• Bridge gets their OCC charter
• Hyperliquid launches a lobbying arm
• DAT hangover continues
• Blockfills reveals a $75m hole
• Ethereum is having an identity crisis
• Base is moving away from Optimism
• Neel Kashkari's bad faith stablecoin criticism