Elections
Court Questions Legitimacy of Kalshi's Election Betting Platforms
The CFTC argues in appeals court that a federal judge was mistaken to allow Kalshi to operate prediction markets linked to the 2024 election.
Elections
Kalshi Reveals Significant Republican Momentum Ahead of U.S. Elections
A recent report from Kalshi indicates strong support for Donald Trump in the upcoming U.S. elections, highlighting a gap in polling that may be attributed to Kamala Harris's declining popularity.
Business
U.S. Presidential Prediction Markets Open Amid Election Buzz
Two U.S.-regulated prediction markets have launched for the presidential elections with one month remaining until Election Day.
Finance
U.S. Election Market: Kalshi Resumes Betting on Presidential Contracts
Kalshi has restarted betting on Congress after a court decision, while forecasts for the presidency are in the works from multiple markets.
Blockchain
CFTC Chair Endorses Blockchain Prediction Markets as Essential Tools for Truth
Michael Selig advocates for blockchain-based prediction markets, emphasizing their potential for enhancing transparency and accuracy in public information.
Crypto
Jupiter to Fully Launch Its New Predictions Market by 2026
Solana DEX Jupiter has introduced a beta predictions market in partnership with Kalshi, with plans for a full rollout by late 2025.
News
Polymarket's Internal Market Maker Initiative: A New Approach to User Engagement
Polymarket is forming an in-house trading team aimed at trading against users while expanding its presence in the U.S. amidst scrutiny regarding similar practices from competitors.
Finance
Kalshi Files Lawsuit Against Iowa Over Potential Regulatory Action
Kalshi takes legal action in Iowa to prevent potential enforcement over its sports event contracts, alleging substantial risk from state regulators.
Legal
Tennessee Court Temporarily Halts Enforcement Against Kalshi's Predictions
A federal court in Tennessee has ruled to block state action against Kalshi, affirming its contracts fall under federal regulations.
Finance
Federal Judge Halts Tennessee Regulations Against Kalshi Ahead of Hearing
A federal judge has temporarily restrained Tennessee's enforcement actions against Kalshi, allowing the platform to continue offering contracts until a preliminary injunction hearing.
News
Coinbase Follows Kalshi's Legal Strategy, Initiates Lawsuits Against Three States on Prediction Markets
Coinbase aims to establish federal oversight on prediction markets by suing regulators in three states, contending that federal commodities law should apply rather than state gambling statutes.
Business
Kalshi Leverages Solana for Tokenized Betting Contracts
Kalshi has initiated the use of Solana blockchain to offer tokenized event contracts, enhancing user anonymity in betting.
Legal
Kalshi Takes Legal Action Against NY Regulator, Claims Overreach
Kalshi has initiated a lawsuit against the New York State Gaming Commission, alleging the regulator has exceeded its authority in halting the platform's operations.
Crypto
Kalshi Secures $300 Million to Expand Global Prediction Market Access
Kalshi has raised significant funding to broaden its prediction market services internationally, with notable restrictions in various countries.
Crypto
Bitcoin Price Surge to $100K Seems Unattainable for Now
Recent predictions indicate that Bitcoin may struggle to breach the $100,000 barrier in the near future.
