200 stories found
The US Federal Reserve, under new chairman Kevin Warsh, maintained interest rates at its latest meeting, while signaling a potential hike later in the year. Warsh's first meeting as chairman was marked by a decline in the S&P 500 and speculation about his plans to reform the central bank's communication and operations.
Kalshi, a financial platform, is reportedly aiming to expand its perpetual futures offerings following a successful $5.5 billion debut. This move signals growth in the market for these financial instruments.
Iranian football fans gathered outside and inside the World Cup stadium to protest the Iranian regime and call for change, with many defying FIFA's ban by displaying the pre-revolutionary flag. The Iranian national anthem was met with a mix of cheers and whistles during the match.
While SpaceX has not set a timeline for human missions to Mars, traders on the prediction market platform Kalshi estimate only an 18% chance of the Elon Musk-led company reaching the planet by 2030.
Bloomberg reports on how Kalshi co-founder Lopes Lara successfully capitalized on Kylie Jenner-related gossip to generate billions, highlighting an unusual business strategy.
The FIFA World Cup has officially begun with a Fan Fest at the Coliseum and initial matches underway. Early games have seen multiple red cards, prompting discussions about refereeing strictness.
Kalshi's newly launched 'perps' product has achieved over $1 billion in trading volume within its first week, making it the fastest-growing product in the prediction market platform's history.
Kalshi, an event-based prediction market, plans to implement a new policy requiring users to disclose their employer information for specific types of trades. This move aims to enhance transparency and compliance for certain transactions.
Kalshi's crypto perpetual futures market has achieved a significant milestone, surpassing $1 billion in trading volume, indicating growing interest and activity in the regulated crypto derivatives space.
Popular online prediction markets Kalshi and Polymarket will prohibit paid content creators and affiliates from denying election results, asking them to remove posts or lose sponsorship.
A New York City bar owner utilized Kalshi, a prediction market platform, to hedge the bar's financial bets, providing additional insurance during the Knicks' Game 1.
Robinhood has decided to shift some of its World Cup betting operations away from Kalshi, indicating a change in its partnership for sports betting offerings.
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.
Platforms like Kalshi, which currently allow millions to wager on sports and pop culture, are now aiming to attract institutional investors for high-stakes trading and hedging purposes.
A US judge has dismissed Elon Musk's xAI trade secret lawsuit against OpenAI. The lawsuit, which alleged that OpenAI had deviated from its original non-profit mission, was dropped by Musk's legal team.
Oil tankers have reportedly begun transiting the Strait of Hormuz again following an interim peace deal between the US and Iran. The agreement, however, still leaves questions about long-term shipping security and potential tolls.
The co-founder of Kalshi successfully transformed celebrity gossip into a $22 billion company, with details on her entrepreneurial journey and strategies.
The United States Men's National Team secured a dominant victory over Paraguay in their World Cup opening match, with Folarin Balogun scoring a brace. However, the win was overshadowed by an injury scare involving star player Christian Pulisic.
Prediction-market companies are actively identifying hundreds of cases of suspected insider trading, with platforms like Kalshi aiming to make examples of those who engage in such illicit activities.
Kalshi has rolled out new safeguards, including employer disclosure and risk scoring, to combat insider trading concerns that have affected prediction markets.
Prediction betting platform Kalshi is introducing new regulations that will require some users to disclose their job details, a measure aimed at tackling recent issues with insider trading on the platform.
Kalshi's newly launched 'perps' product has achieved over $1 billion in trading volume within its first week, making it the fastest-growing product in the prediction market platform's history.
Sportradar's shares saw a rally after the company announced a significant prediction market deal with Kalshi. The partnership is expected to impact Sportradar's market position and financial performance.
Prediction market firms like Kalshi and Polymarket are under increasing scrutiny as Congress debates potential regulation. A bill is being drafted by Rep. Bryan Steil to ban members of Congress and their staff from participating in certain prediction market bets.
Prediction market platform Kalshi is reportedly developing a specialized 'Bloomberg Terminal'-like platform designed to cater to high-end traders.
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.
The World Cup 2026 is underway, featuring notable player performances from stars like Erling Haaland and Kylian Mbappe, alongside discussions about Cristiano Ronaldo's final tournament. Teams are making last-minute preparations, including Tunisia replacing its manager, while concerns about ticket control and crowd violence have also emerged.
New proposed rules for prediction markets such as Kalshi and Polymarket are being criticized as backward, with arguments that they hinder the unique information-gathering capabilities these platforms offer.
A report indicates that Kalshi, a prediction market platform, is developing an AI agent to streamline its internal processes.
Fear Of The Signal: Why The State Urgently Wants To Bind Prediction Markets Authored by Angelo Monaco via The Mises Institute, A predictive market like Polymarket or Kalshi is a…
Kalshi has reportedly tightened its compliance procedures following reports that military spouses placed bets on the capture of Venezuelan leader Nicolás Maduro.
The prediction market platform Kalshi has implemented a new policy requiring its users to reveal their employer, a move that could impact user privacy and participation.
Prediction market platform Kalshi will require some users to reveal their job details to combat insider trading. This move is part of the company's efforts to enhance compliance and address concerns about illicit trading activities.
Prediction market platform Kalshi is emphasizing compliance measures to address concerns regarding insider trading within its betting operations.
Chainlink is gaining momentum with the launch of Kalshi’s CFTC-regulated LINK perpetuals, as ETF inflows for the cryptocurrency hit $101 million.
Prediction market platforms Kalshi and Polymarket are taking action against paid influencers who are using market odds to sow doubt in vote counting and spread claims of election fraud.
Kalshi is developing a specialized prediction market terminal designed for professional traders, expanding its offerings in the financial prediction space.
Kalshi is empowering small businesses to engage in hedging strategies typically used by Wall Street, with a New York City bar becoming the first to use the platform for a Knicks game promotion.
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.