200 stories found
Former U.S. Representative George Santos is reportedly facing an insider trading investigation concerning bets he made on the prediction market platform Kalshi regarding his own political future.
Anthropic, a leading artificial intelligence startup and rival to OpenAI, has confidentially filed for an initial public offering (IPO) in the United States. This move positions Anthropic to potentially be the first major AI company to go public, aiming to raise significant capital for its continued growth.
Asif Mahmud has stated that a political conspiracy behind the Kalshi slum fire cannot be dismissed, suggesting a deeper investigation into the cause of the incident.
Coinbase and Kalshi have partnered to introduce regulated perpetual crypto futures to investors in the United States.
Arthur Hayes has voiced his opposition to implementing insider trading guardrails for prediction markets like Kalshi and Polymarket, arguing that 'data deserves to be free' for better decision-making.
Muslims globally celebrated Eid al-Adha with prayers, family meals, and outings, while leaders in various countries urged tolerance, unity, and sacrifice. The celebrations were notably impacted in some regions by high costs of rams and blockades affecting sheep supply.
Spain has blocked prediction markets Kalshi and Polymarket due to potential violations of gambling laws.
Online prediction markets Polymarket and Kalshi show 61% of users betting against the '10-Million Initiative' in Switzerland, with over $100,000 wagered.
US-based prediction market websites, such as Polymarket and Kalshi, are accepting bets on Australian elections and even the specific word choices of Prime Minister Albanese. Regulators and gambling harm advocates are closely monitoring this trend.
Protesters have blocked Kalshi road, demanding a swift trial and the maximum possible punishment for those responsible for a child rape and killing.
Aubry Bracco, the winner of "Survivor 50," shared her emotional journey to victory, addressed Kalshi spoilers, and spoke out against social media toxicity in an interview.
Kalshi, a prediction market platform, has secured an additional $200 million in funding from investors including Baillie Gifford and Layer Global, boosting its financial resources for expansion.
Traders on the Kalshi platform are assigning an 80% probability that the highly anticipated video game Grand Theft Auto 6 will be released in November.
Cathie Wood has placed a bet on Kalshi, though her Ark Innovation ETF has faced scrutiny for its track record in timing market winners.
A discussion is emerging regarding whether prediction market platforms like Polymarket and Kalshi should permit users to place bets on crisis events.
The U.S. Senate has passed a resolution, sponsored by Senator Bernie Moreno, to ban lawmakers from participating in prediction markets. This move aims to address concerns about potential conflicts of interest, though the article notes it's easier than regulating stock market trading.
Prediction market startup Kalshi has successfully raised $1 billion in its latest funding round. This investment has propelled the company's valuation to $22 billion, driven by surging institutional volume.
Luana Lopes Lara, co-founder of Kalshi, shared her insights on the evolving landscape and future potential of prediction markets.
Platforms like Polymarket and Kalshi have seen a surge in business, but growing calls for greater regulation are emerging as most participants in these "sucker-bet" laden prediction markets are reportedly losing money, with only seasoned professionals profiting.
Insider traders have been caught on prediction markets like Kalshi and Polymarket, fueling criticism from those who argue against allowing gambling on sensitive issues like war and peace.
President Trump announced the removal of tariffs on whisky imports, a gesture made in honor of a British royal visit to the United States. The decision followed the King's trip, which included a visit to small-town America before his departure for Bermuda.
Prediction market platform Kalshi has agreed to modify its trading hours in response to pushback from the agriculture industry.
Scandals involving insider trading and manipulation have emerged on prediction market platforms such as Polymarket and Kalshi, highlighting the growing appeal of betting on political events.
Robinhood's crypto revenue has seen a significant 47% decline, with prediction markets emerging to fill this financial gap. Meanwhile, established prediction market platforms like Kalshi and Polymarket are facing new competition in the rapidly evolving crypto exchange sector.
With prediction markets experiencing a boom, a smaller company's stock is highlighted for its potential to sell data to platforms like Kalshi and Polymarket.
Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket, banning their operations in the country.
A U.S. soldier faces charges for allegedly making $400,000 through prediction market bets on the capture of Venezuelan President Nicolás Maduro. The soldier was also reportedly blocked from a competing platform.
Brazil has taken action to block the platforms Polymarket and Kalshi, citing concerns over 'illegal betting' activities.
The CEO of Polymarket, Shayne Coplan, has been observed attending meetings late and barefoot, as competitor Kalshi reportedly takes the lead in the burgeoning prediction market industry.
Tensions between the US and Iran have escalated into a naval standoff in the Strait of Hormuz, with President Trump ordering the Navy to fire on Iranian boats if they harass US vessels. Both nations have seized ships and engaged in confrontational maneuvers, impacting global oil markets.
Three unnamed U.S. politicians have been banned and fined by the prediction market platform Kalshi for placing bets on themselves.
See Yankees vs. Red Sox predictions for Wednesday to trade on this AL East rivalry with Kalshi prediction markets.
Investors are reportedly valuing Polymarket $7 billion less than its archrival Kalshi, with cryptocurrency involvement suggested as a potential reason for the disparity.
A report published by The Guardian reveals the dark side of modern warfare, highlighting the rise of online prediction platforms such as Polymarket and Kalshi. The report details how "insiders" allegedly earned billions by betting on events like the death of Khamenei and Trump's secret deals.
Kalshi is increasing its commodities expansion efforts, adapting to the current dynamic geopolitical environment.
Prediction market platforms Kalshi and Polymarket are vying for influence in Washington as Congress considers new regulations for the booming industry.
A judge in Arizona has issued a ruling barring the state from regulating prediction market operators and pausing the prosecution of Kalshi, impacting the future of such platforms.
Bitcoin is projected to top $75,000 in April, with Kalshi bets indicating a higher shift in market expectations for the cryptocurrency.
White House warned staff not to place market bets amid Iran war, WSJ reports Reuters
FOX is incorporating data from Kalshi, a prediction market platform, into its news, business, and streaming platforms.
Kalshi, a prediction market platform, has announced a new deal with Fox News, bringing its forecasting services to the cable news leader and expanding its presence in media.
This article outlines the four most significant differences between Kalshi and Polymarket, two major prediction market platforms often discussed together. It aims to clarify the distinctions for users and investors interested in these platforms.
Kalshi has assessed the odds of a recession occurring in 2026 at 28% and has recommended two specific ETFs for investors to buy to hedge against potential downside risks. This provides a forward-looking economic forecast and investment strategy.
Sources indicate that Paradigm, a significant investor in Kalshi, is developing its own trading terminal for prediction markets.
Prediction markets like Polymarket and Kalshi, which allow bets on events including the Iran war, are under scrutiny as federal prosecutors explore whether such bets could violate insider trading laws, amidst allegations and questions about their impact on democracy.
Kalshi has successfully secured a license that permits the company to offer margin trading services specifically to professional investors.
Kalshi, a prediction market platform, is facing a lawsuit in Washington state concerning allegations of illegal gambling activities.
Prediction market platforms such as Polymarket and Kalshi are increasingly offering betting opportunities on a wide range of topics, moving beyond traditional sports and politics.
Prediction markets like Kalshi and Polymarket are reportedly shifting their business model to attract younger women by leveraging a network of social media influencers.
Prediction market platform Kalshi announced it will implement stricter measures to prevent politicians and sportspeople from placing bets on its markets.
Prediction market platforms Kalshi and Polymarket are implementing stricter rules against insider trading as U.S. senators reportedly move closer to regulating or cracking down on such markets.
Prediction market platforms Kalshi and Polymarket are implementing stricter rules against insider trading, with Polymarket specifically announcing new rules following scrutiny, as U.S. senators reportedly consider regulating such markets.
The CEOs of competing prediction market platforms, Kalshi and Polymarket, despite their rivalry, are both investing in a shared $35 million venture capital fund.
A state judge has issued a temporary ban preventing the prediction market platform Kalshi from operating within Nevada.
Kalshi, an exchange for event contracts, has achieved a $22 billion valuation in its ongoing funding round, marking a significant milestone for the company.
Criminal charges have been filed, intensifying the growing resistance from states against the operation of Kalshi, a prediction market platform.
The Arizona charges are the first criminal charges to have been filed against Kalshi, though the company is embroiled in multiple lawsuits over its predictions platform.
Arizona has become the first state to file criminal charges against Kalshi, accusing the prediction market platform of operating an illegal gambling business within its borders
The Arizona Attorney General has filed criminal charges against Kalshi, an event-based prediction market platform.
Kalshi, a prediction market platform, is reportedly facing charges of illegal gambling, while Oklo and the Department of Energy have announced a partnership on nuclear energy development.
There were two winners for the best live-action short film category at the Oscars on Sunday. Brianna Bryson/Getty Images At the Academy Awards on Sunday, the best live-action short film category…
Prediction markets, including Kalshi, experienced a surge in activity and interest surrounding the Oscars.
Prediction-markets websites Kalshi and Polymarket are fielding a lot of action on Sunday's Academy Awards — but how accurate are they?
It is still absurdly early in the electoral calendar. The next presidential election is years away and the Republican succession battle after Donald Trump has barely begun.
An unknown individual won over half a million dollars by betting on the Iran war on prediction markets, further highlighting the ethical and legal questions surrounding platforms like Polymarket and Kalshi, which are already embroiled in lawsuits.
Utah's long-standing anti-gambling tradition is encountering a new legal challenge from prediction market platforms Kalshi and Polymarket, sparking a debate over the legality of such online activities.
Women Wanted: Kalshi Pushes to Expand Far Beyond Sport Bets WSJ
The Trump administration has announced it will not move forward with a controversial fund intended to support individuals involved in the January 6 Capitol riot. The decision came after significant pressure and backlash, including from within the Republican Party.
Kalshi, a regulated prediction market platform, is reportedly considering offering perpetual futures contracts for several cryptocurrencies, including XRP, Solana, and Dogecoin.
The US is involved in various international matters, including a trade probe into Vietnam's intellectual property, considering missile sales to Malaysia, and calling for the release of an Indigenous leader in Nicaragua. Domestically, the country is dealing with a 'vomit bug' outbreak and a former mayor pleading guilty to acting as a Chinese agent.
Kalshi, a prediction market platform, has appointed former FBI analyst Neff to lead its surveillance unit.
A fire has been reported in the Kalshi slum, with details on the incident still emerging.
Prediction markets Polymarket and Kalshi are reportedly facing a ban in Spain, according to a report from the Wall Street Journal.
One individual has been arrested and sent to jail in connection with the devastating fire that swept through the Kalshi slum. The fire turned Eid joy into ashes for many residents, prompting an investigation into its cause.
Spain's Ministry of Consumer Affairs has initiated sanctioning proceedings against betting platforms Polymarket and Kalshi, blocking their websites. The ministry is investigating the platforms for potential regulatory violations.
Prediction markets like Kalshi and Polymarket are reportedly spoiling reality TV shows, leading 'Survivor' boss Jeff Probst to accuse them of incentivizing dishonesty and prompting Kalshi to consider measures against spoilers.
House Republicans have initiated an investigation into Kalshi and Polymarket, two prediction markets, over concerns regarding potential insider trading. The House Oversight Committee is leading the probe.
A new Exchange Traded Fund (ETF) is providing retail investors with an opportunity to invest in Kalshi.
Prediction markets are open for trading on the Wednesday night MLB matchup between the Los Angeles Dodgers and the San Diego Padres.
Prediction market Kalshi, which maintains it is not a gambling platform, has announced a two-year investment of $2 million to the National Council on Problem Gambling, focusing on trader health and safety.
Interactive Brokers has introduced a new unified interface designed for trading across platforms such as Kalshi, CME, and ForecastEx.
Cathie Wood has invested in Kalshi, though her Ark Innovation ETF has not consistently demonstrated strong timing in picking winning investments.
Prediction market platform Kalshi achieved a $22 billion valuation following a Coatue-led Series F funding round.
Kalshi, a prediction market platform, has seen its valuation surge to $22 billion, quadrupling in less than a year, following a $1 billion fundraising round led by Coatue.
Mesh and Kalshi have announced a partnership to integrate cryptocurrency deposits and payouts for users participating in prediction markets.
The increasing popularity of prediction markets such as Polymarket and Kalshi is raising questions about the ethical boundaries of placing bets on future disaster events.
Traders on Kalshi predict that control of the U.S. Senate is a dead heat, six months ahead of the election, indicating a very close race for the upper chamber.
The Commodity Futures Trading Commission (CFTC) is reviewing a trader data report as Kalshi, an event-based prediction market, expands its offerings in the commodities sector.
Apple is set to report earnings after the bell on Thursday, with its conference call scheduled for 5:00 pm ET.
Jerome Powell held his final press conference and oversaw his last rate decision as Federal Reserve Chair, announcing his intention to remain on the Fed board after his term as chair ends. This decision comes after nearly eight years as head of the central bank.
A new competitor has entered the cryptocurrency exchange landscape, posing a challenge to established platforms like Kalshi and Polymarket in the rapidly evolving market.
Kalshi has successfully completed its first block trade, which was backed by Jump Trading, marking a significant event for the platform.
U.S. regulators are reportedly investigating or considering regulations for prediction market platforms such as Kalshi and Polymarket, citing concerns over individuals profiting from privileged information.
The U.S. Justice Department has officially ended its criminal investigation into Federal Reserve Chair Jerome Powell, clearing him of any wrongdoing. This decision comes amid discussions surrounding potential nominations for the Federal Reserve.
Kalshi, an event betting platform, has partnered with Pyth Network to facilitate the settlement of bets on various commodities, including gold, oil, and wheat.
A US soldier, facing charges for placing bets related to Venezuelan leader Maduro, was reportedly prevented from opening an account on the Kalshi prediction market platform.
A former 'FBoy Island' contestant turned Virginia Senate candidate, along with two U.S. House hopefuls, has been banned for five years from a prediction market for betting on their own election outcomes.
Kalshi, an online prediction market, is reportedly taking measures to address and prevent insider trading activities on its platform.
Kalshi has introduced a new "Commodities Hub" platform, allowing users to trade on the price movements of gold and oil.
Kalshi has expanded into the cryptocurrency market by introducing perpetual futures trading.
An Arizona judge has denied a motion seeking to stop the state's prosecution of Kalshi on charges related to wagering. The ruling allows the legal proceedings against the prediction market platform to continue.
Kalshi is expanding its commodity predictions market, capitalizing on the increased volatility driven by ongoing global conflicts.
An article analyzes Kalshi's prediction market model, contrasting it with traditional sportsbooks. It argues that Kalshi operates as a peer-to-peer exchange, taking fees without a stake in the outcome, unlike predatory sportsbooks.
A US judge has blocked a criminal case in Arizona against Kalshi, an event-based prediction market, following a request from the Commodity Futures Trading Commission (CFTC). This ruling impacts the regulatory landscape for such platforms.
A Senate hearing for the confirmation of Kevin Warsh to the Federal Reserve, which was anticipated to occur in the coming days, has been postponed.
Kalshi cofounders report that prediction markets focused on tech layoffs have become one of the platform's fastest-growing segments, reflecting public interest in anticipating industry trends.
Prediction markets like Kalshi and Polymarket have exploded in popularity recently, raising questions about how to properly regulate the platforms.
Events prediction market Kalshi has achieved a notable win in a regulatory dispute in New Jersey, a development being hailed as a major triumph over state-level challenges for the industry.
Trading platforms Polymarket and Kalshi are allowing Irish users to place bets on various real-world events, from elections to wars. Experts are raising concerns about the regulatory grey area in which these platforms operate.
As platforms like Kalshi and Polymarket continue to gain market share, analysts are questioning whether traditional sports betting operators will increasingly turn to mergers and acquisitions to maintain their competitive edge.
CFTC enforcement chief David Miller stated that insider trading on platforms like Kalshi and Polymarket is illegal and announced plans to hire more staff to crack down on such activities.
Lawmakers are exploring various proposals to regulate the burgeoning prediction market industry, ranging from banning politicians from using platforms like Polymarket and Kalshi to eliminating sports trades.
Kalshi is reportedly set to offer margin trading, allowing users to open positions without committing their full capital.
Kalshi, a prediction market platform, is enhancing its efforts to prevent insider trading by introducing automated screening mechanisms.
US Congressman Seth Moulton has prohibited his staff from participating in prediction markets such as Kalshi and Polymarket, as lawmakers increase efforts to regulate these platforms.
The ongoing Iranian blockade of the Strait of Hormuz continues to severely impact global energy markets, with Kuwait warning of a catastrophic economic domino effect. Iran's Foreign Minister and Ministry of Foreign Affairs have stated that the Strait remains open to ships from nations not backing US-Israeli aggression, communicating this to the UN. The tightened global fuel supply is particularly affecting Asian nations and causing shortages for fuel retailers in Kenya, leading to increased reliance on coal and raising concerns about potential plane groundings, as European Commission President Ursula von der Leyen highlights a 'critical energy situation.'
Kalshi and Polymarket have implemented new bans on insider trading as US senators advance efforts to regulate prediction markets.
Lawmakers have introduced a bipartisan bill to ban sports betting on prediction markets like Kalshi and Polymarket, prompting these platforms to rush to ban insider trading and seeing shares of DraftKings and MGM rise.
Kalshi, a regulated prediction market platform, has announced a new policy to ban athletes and politicians from trading on their event contracts.
Nevada has successfully obtained a temporary ban on sports betting activities conducted through the Kalshi platform.
Kalshi, a prediction market platform, has raised $1 billion in a new funding round, bringing its valuation to $22 billion.
Kalshi, an exchange for event contracts, has achieved a $22 billion valuation in its ongoing funding round, marking a significant milestone for the company.
Reports indicate that Fox and Kalshi are currently engaged in discussions regarding a potential serious partnership.
The founders of Polymarket and Kalshi, the two largest prediction markets globally, are reported to 'hate each other' and hold opposing views on how the multi-billion dollar industry should grow, despite their companies' significant valuations.
Arizona Files Illegal-Gambling Charges Against Predictions Platform Kalshi WSJ
The state's attorney general filed charges against the company on Tuesday, accusing them of running an illegal gambling business
Wetten auf Krieg und Machtwechsel boomen weltweit. Prognosemärkte wie Polymarket oder Kalshi werfen moralische und rechtliche Fragen auf.
The predictions markets got the same five categories (of 24) wrong.
Kevin O'Leary. Ser Baffo/Getty Images Kevin O'Leary is betting big on Timothée Chalamet. O'Leary said on the red carpet that he bet $1,000 that his "Marty Supreme" costar will win an Oscar. Chalamet…
Timothée Chalamet was the overwhelming favorite to win the best actor Oscar until about two weeks ago, when Michael B. Jordan won SAG’s Actor Award.
Wall Street Traders Hunt for Bottom as War Turmoil Continues Bloomberg.com
An opinion piece highlights the problematic nature of prediction markets such as Kalshi and Polymarket, questioning the ethics of betting on real-world events like wars.
Kalshi is actively working to expand its user base far beyond sports betting, specifically targeting women to diversify its platform.
Prediction market platforms Kalshi and Polymarket are expanding their offerings to include bets on the S&P 500, challenging traditional stock options.
The Justice Department is reportedly investigating former congressman George Santos for alleged insider trading related to Kalshi, adding to the legal troubles faced by the disgraced former representative.
Marco Rubio's chances of becoming the 2028 Republican nominee are reportedly increasing on Kalshi, with his odds closing in on those of J.D. Vance, whose prospects have slipped.
Spain's Consumer Rights Ministry has temporarily banned prediction markets Polymarket and Kalshi from operating in the country, citing their lack of required gambling licences.
Kalshi, a prediction market platform, has introduced a new index designed to track shifts in power between the Republican and Democratic parties.
Despite reports suggesting Iran could normalize traffic in the Strait of Hormuz within a month of a peace deal, traders on Kalshi expressed skepticism regarding the feasibility of this timeline.
Spain has blocked access to prediction markets Polymarket and Kalshi, citing a lack of proper gambling licenses. The country has launched an investigation into their operations.
Arthur Hayes, a prominent figure, has expressed opposition to implementing insider trading guardrails for prediction markets like Kalshi and Polymarket, arguing that 'data deserves to be free' for better decision-making.
Kalshi slum fire contained after over two hours of intense effort Dhaka Tribune
Kalshi has debuted a new lobby group named 'Fair Markets' as Congress initiates an investigation into insider trading practices.
Congress is ramping up pressure on prediction markets like Kalshi and Polymarket over concerns of insider trading.
The United States has indicted former Cuban President Raúl Castro on murder charges related to the 1996 downing of two planes. This action has escalated tensions between the two nations and is seen as a significant moment in their relations.
Experts warn that prediction markets like Kalshi and Polymarket, despite not being regulated as gambling platforms, are proving highly addictive and causing struggles for gambling addicts in the US.
Kalshi and Polymarket, two online betting platforms, are reportedly continuing to operate in defiance of a ban imposed by India on such services.
Virtu Financial has begun trading on Kalshi, an event-based prediction market, signaling a growing interest from Wall Street firms in event betting. This development highlights the increasing mainstream acceptance of such trading platforms.
New data has emerged comparing the trading performance of Kalshi traders against traditional day traders, aiming to determine which group achieves higher success rates.
Kalshi traders are observing increasing odds that a U.S.-Iran nuclear deal could be reached by 2027. This comes after reports indicated that the two countries were nearing a one-page memo to end their conflict.
Kalshi, a prediction market platform, has secured a $22 billion valuation following a funding round led by Coatue.
Hyperliquid is reportedly entering the prediction markets, aiming to compete with existing platforms like Kalshi and Polymarket in the rapidly growing $24 billion sector.
The U.S. Senate has unanimously passed new rules prohibiting lawmakers from betting on prediction markets such as Kalshi and Polymarket. This quiet legislative change aims to prevent insider wagering among senators.
Clear Street has partnered with Kalshi as part of a broader initiative to expand and promote prediction markets, signaling growing interest in this financial instrument.
Ahead of crucial Game 6 matchups in the NBA Playoffs, previews are focusing on the Boston Celtics vs. Philadelphia 76ers and Denver Nuggets vs. Minnesota Timberwolves series. Discussions include injury reports for key players like Joel Embiid and Aaron Gordon, along with game predictions.
Senator Jeff Merkley led a letter to the CFTC, urging stricter rules for companies like Kalshi and Polymarket, citing concerns over prediction markets, sports betting, and potential insider trading.
The co-founder of Kalshi has revealed how superfans are earning six-figure incomes through music prediction markets. This insight was shared during interviews with Billboard, highlighting a new avenue for fan engagement and profit.
Kalshi, a prediction market platform, has successfully completed its first block trade, which was backed by Jump Trading.
A billionaire's efforts to introduce Kalshi, an event prediction market, in Brazil have been complicated. The initiative is currently snarled by a ban in the country.
Prediction market platforms Kalshi and Polymarket are actively working to ban insider trading, a move that an economist who developed the theory behind such markets argues goes against their fundamental purpose.
A US special forces sergeant has been charged for allegedly placing bets on the capture or ouster of Venezuelan President Nicolás Maduro through prediction markets. The soldier reportedly earned a significant sum, leading to controversy and calls for a presidential pardon.
Kalshi predicts there is more than a 25% chance that the S&P 500 index will reach 8,000 by the year 2026.
The head of Vanguard, a $12 trillion asset manager, has issued a warning about "financial exploitation" by prediction markets, echoing criticisms of platforms like Polymarket and Kalshi.
The prediction market platform Kalshi has suspended three US political candidates for placing bets on their own election races. This action raises ethical questions about politicians profiting from their own campaigns.
The prediction market Kalshi has fined and suspended three US congressional candidates for wagering on their own election outcomes. The company cited concerns over "insider trading" in its enforcement actions against the politicians.
Prediction market platforms Polymarket and Kalshi are expanding their cryptocurrency offerings with perpetual futures contracts. Polymarket has launched its 'perps' contracts, while Kalshi is reportedly planning to introduce similar crypto trading options.
Polymarket has introduced perpetual futures contracts, a strategic move to establish its market position before competitor Kalshi's anticipated entry into the cryptocurrency space.
Prediction market operator Kalshi is facing a $5 million fine and a court battle in Ohio over allegations of engaging in unlicensed sports betting activities.
A Bloomberg opinion piece evaluates Kalshi's position on prediction markets and their relationship to gambling, suggesting Kalshi is partially correct in its assessment.
A U.S. judge has granted a request from the Commodity Futures Trading Commission (CFTC) to block a criminal case initiated by Arizona against the prediction market platform Kalshi.
Kalshi, a prediction market platform, reportedly controls 89% of the U.S. prediction market, highlighting its significant dominance in the sector.
Betting platforms Polymarket and Kalshi have experienced their highest traffic since the presidential election, attributed to controversial bets related to Iran.
Fox Corporation plans to incorporate data from the prediction market platform Kalshi into its various news outlets.
A court has ruled that New Jersey regulators do not have the authority to prevent Kalshi, a prediction market platform, from offering contracts related to sports events.
Prediction platforms like Kalshi and Polymarket are attracting new bettors who are exploited by professional traders, with concerns rising that these markets have facilitated a 'golden age' of insider trading that may soon end.
California Attorney General Rob Bonta has clarified why his state has not sued Kalshi, unlike Nevada and Arizona, advising not to 'read too much into' California's lack of direct legal action against the company.
Fox Corporation is reportedly in advanced discussions with Kalshi, a regulated prediction market exchange, regarding a potential business arrangement.
Prediction market platforms Polymarket and Kalshi have announced updated rules aimed at curbing insider trading, as US lawmakers introduce bills to ban insider trading by politicians and betting on geopolitical events.
Kalshi has received approval to offer margin trading, a development expected to draw increased interest from Wall Street professionals.
ARK Invest has announced the integration of data from Kalshi, a prediction market platform, into its investment process to inform its strategic decisions.
Rival prediction market platforms Kalshi and Polymarket have reportedly set aside their previous feud to jointly back a new $35 million venture capital fund.
Top prediction market sites Kalshi and Polymarket have implemented new guardrails, including a ban on insider trading, in response to a bill introduced by senators aimed at limiting the booming prediction market industry.
Despite their bitter rivalry, the CEOs of prediction market companies Kalshi and Polymarket have jointly backed a new $35 million venture capital fund.
Prediction markets Polymarket and Kalshi are taking steps to counter insider trading as regulatory scrutiny on such practices intensifies.
The founders of prediction market platforms Kalshi and Polymarket are backing a new venture capital fund focused on prediction markets.
Nevada has successfully obtained a temporary ban on sports betting activities conducted through the platform Kalshi, marking a significant development in the regulation of online betting.
Kalshi, an online prediction market, has reportedly raised over $1 billion in funding, pushing its valuation to an estimated $22 billion.
A ballerina has become the youngest billionaire, leading a predictions company called Kalshi, in which NBA star Giannis Antetokounmpo acquired a minority stake in February.
The co-founder of Kalshi has publicly stated that the criminal charges filed in Arizona are a 'total overstep,' suggesting a dispute over legal actions against the company.
Arizona has filed illegal-gambling charges against the predictions platform Kalshi, marking the first criminal lawsuit against the company for allegedly operating an illegal gambling business. The Wall Street Journal also reported on these charges.
Prediction market platform Kalshi is facing mounting legal challenges, including the first-ever criminal charges filed by Arizona, accusing the company of operating an illegal gambling business.
Arizona has initiated landmark criminal charges against the prediction market platform Kalshi, marking a significant legal development for the industry.
Prognostic markets like Polymarket and Kalshi are experiencing a surge in betting on war outcomes and political power changes worldwide, raising ethical and legal questions.
Americans are increasingly engaging in prediction markets such as Kalshi and Polymarket, with billions of dollars being wagered, raising questions about the implications of this growing trend.
Luana Lopes Lara, co-founder of prediction markets startup Kalshi, tells CNBC about the biggest bets she ever made on the way to billionaire status.
Online prediction marketplaces like Kalshi and Polymarket are encountering significant resistance in Utah due to the state's historically conservative Mormon culture and strong anti-gambling stance.
If bettors are correct, "One Battle After Another" will take home four Oscars, while both "Sinners" and "Frankenstein" are each set to win three. Emma McIntyre/WireImage via Getty Images The Academy…
Prediction markets like Kalshi and Polymarket are facing new competition from 'super apps' that integrate various financial services including saving, spending, and gambling.
Kalshi, a prediction market platform, is actively working to broaden its user base beyond sports betting and is specifically targeting women to expand its reach.