FlightAware sues Kalshi over flight cancellation data

The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company’s contracts to gambling. FlightAware, a company that offers real-time status and information about flights globally, filed a lawsuit against Kalshi in a New York federal court over the prediction markets platform using…

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ADI Chain, Shipfinex partner to tokenize $500M vessel pipeline

Shipfinex plans to bring 35 vessels onchain through ADI Chain as tokenization expands into the multitrillion-dollar maritime industry. Dubai-based maritime asset tokenization platform Shipfinex partnered with ADI Chain to tokenize a pipeline of around 35 vessels worth $500 million, as it looks to open new financing channels for shipowners. According to the company, the vessels will…

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