The case could redefine federal vs. state authority over prediction markets, impacting regulatory frameworks and market operations nationwide.
CryptoBriefing•Editorial Team11 Aug
CoinDesk•Nikhilesh De11 Aug
The lawsuit could redefine data usage norms in prediction markets, impacting how platforms negotiate and maintain data partnerships.
CryptoBriefing•Editorial Team11 Aug
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.
Cointelegraph•Cointelegraph by Turner Wright11 Aug
Kalshi's success highlights the potential of unconventional strategies and risk-taking in redefining industry norms and achieving rapid growth.
CryptoBriefing•Editorial Team11 AugFlight-tracking company FlightAware has sued prediction-market operator Kalshi, accusing the service of using its data and trademark without…
AeroTime•Stephen Pope11 Aug
CoinDesk•Olivier Acuna11 Aug
A House funding bill pushed the shutdown deadline to December, but Kalshi and Polymarket still show risks Bitcoin traders cannot ignore.
99Bitcoins•Alex Ioannou11 Aug
Flight tracking company FlightAware has sued Kalshi over flight-cancellation prediction markets that rely on its data, seeking court orders to stop the platform from using its information and brand in connection with the contracts. FlightAware, in a complaint filed Monday,…
FlightAware is also seeking a temporary restraining order to bar Kalshi from activities involving the flight-tracking site.
The Block•Timmy Shen11 Aug
Trepa and Fireplace both told users to withdraw by Sept. 30. One published a post-mortem arguing crypto's active user base is far smaller than the industry reports.
The Defiant•The Defiant Team10 Aug
Kalshi's prediction of subdued inflation suggests potential easing of economic pressures, influencing market sentiment and monetary policy outlook.
CryptoBriefing•Editorial Team10 Aug
Kalshi's enhanced surveillance could legitimize prediction markets, attracting institutional investors and bridging traditional and digital finance.
CryptoBriefing•Editorial Team10 AugKalshi traders bet heavily on the chances of XRP falling back to its multi-month low around $1 as it struggles to recover from the prolonged volatility seen recently.
U.Today•Caroline Amosun9 Aug
Genius Sports signed official-data, integrity, and marketing agreements with Polymarket on Aug. 4 and Kalshi on Aug. 5, putting one supplier underneath the settlement layer of both rival prediction platforms. The company’s second-quarter results, published a day later, already credit prediction markets with an incremental contribution to margin. One Data Supplier Playing Both Sides of […]
Bitcoin.com News•Luci Kelemen8 Aug
Blanket, an independently developed AI tool, is using Kalshi’s regulated event-contract markets to help small businesses identify and hedge operational risks. Blanket matches business risks with Kalshi contracts Blanket is designed to evaluate the risks facing a business and identify…
Blanket has launched an AI tool that helps small businesses identify Kalshi prediction markets that could hedge risks including weather, fuel prices and other events.
CryptoBriefing•Estefano Gomez7 Aug
Kalshi's AI tool Blanket democratizes risk management, potentially transforming prediction markets into essential infrastructure for small businesses.
CryptoBriefing•Editorial Team7 Aug
A federal judge granted Utah summary judgment Tuesday, holding that the Commodity Exchange Act does not preempt the state’s anti-gambling laws as applied to Kalshi’s sports event contracts. The exchange says it will appeal to the Tenth Circuit, which would bring prediction-market appeals into seven of the 13 federal circuits. Shelby Finds Multiple Readings of […]
Bitcoin.com News•Luci Kelemen6 Aug
Kalshi is using prediction markets and regulated perps to build an exchange where nearly any asset, event, or financial risk can trade worldwide.