New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event contracts to residents.
Cointelegraph•Cointelegraph by Turner Wright2 Sept
Bitcoin faces a key Fed test as September hike odds reach 60%–68%, with yields, oil and guidance shaping the market reaction.
Kalshi traders are betting on Bitcoin reaching a high of $82,000 this month, amid growing expectations for another price recovery across major assets.
U.Today•Caroline Amosun2 Sept
Kalshi's move into perpetual futures for crude oil could reshape commodity trading, challenging established markets and regulatory frameworks.
CryptoBriefing•Editorial Team2 Sept
The North Carolina Republican bought less than $1,000 of contracts on her own race and drew a three-year ban.
Kalshi recorded $37.17 billion in volume in August, while Polymarket and its US platform saw a combined $8.16 billion.
The Block•Timmy Shen2 Sept
Trump Jr. holds a paid Kalshi advisory role and Polymarket investment, tying his finances to both prediction market rivals.
BeInCrypto•Darryn Pollock2 Sept
The decline in trading volume highlights the volatility and dependency of prediction markets on major global events, impacting future growth.
CryptoBriefing•Editorial Team2 Sept
Kalshi is permanently cutting off George Santos after investigating trades that allegedly exploited his ability to influence the outcome of event contracts.
The prediction platform permanently banned George Santos and issued a three-year suspension for Laurie Buckhout after investigations into using insider information on event contracts.
Cointelegraph•Cointelegraph by Turner Wright1 Sept
Kalshi's VVV perpetuals could accelerate the integration of AI-driven tokens into mainstream finance, enhancing privacy-focused decentralized solutions.
CryptoBriefing•Editorial Team1 Sept
Kalshi’s Head of Institutional says the single market users request most isn’t tied to sports or elections, it’s whether their own relationship will survive. The Market Nobody Expected to Top the Request List Kalshi built a tool inside its app that lets users pitch markets they want to see listed. Ask Andy Ross, the platform’s […]
Bitcoin.com News•Shiraz Jagati1 Sept
Kalshi's government shutdown market reached 35% on July 31, offering context on funding talks but no forecast for Bitcoin's next move.
99Bitcoins•Alex Ioannou1 Sept
Prediction market Kalshi suspended Republican House candidate Laurie Buckhout for 3 years after finding that she had placed bets on her own race. Buckhout is challenging Democratic Representative Don Davis in North Carolina’s 1st Congressional District. The Fine Costs More Than the Wager Buckhout bought less than $1,000 in contracts related to her own candidacy,
BeInCrypto•Kamina Bashir1 Sept
Trump Jr.'s involvement in the prediction industry extends beyond Polymarket, as he also advises rival firm Kalshi.
Donald Trump Jr.-linked 1789 Capital will reportedly lead a $1 billion investment round into Polymarket, which would value the platform at $21 billion, just below Kalshi’s $22 billion valuation.
Cointelegraph•Cointelegraph by Zoltan Vardai1 Sept
Kalshi issued its first permanent ban on Monday, barring former U.S. Rep. George Santos and fining him $71,356 over trades on his own State of the Union attendance. The exchange cited his failure to cooperate with its investigation – a finding its own notice never substantiates, and one the CFTC contradicted in July. Disagreements and […]
Bitcoin.com News•Luci Kelemen1 SeptKalshi gave George Santos a lifetime trading ban and a $71,356 fine months after Trump commuted his prison sentence.
BeInCrypto•Darryn Pollock1 Sept
New Jersey has until Thursday to ask the U.S. Supreme Court to review a Third Circuit decision protecting Kalshi’s sports event contracts from state gambling law. On Friday, a federal appeals court in San Francisco decided the same question the opposite way, handing the state the circuit split it told Justice Samuel Alito in June […]
Bitcoin.com News•Luci Kelemen31 Aug
Kalshi has permanently banned former U.S. Representative George Santos and imposed a $71,356 penalty after finding that he manipulated an attendance market to earn $17,839.57. Kalshi’s Aug. 28 disciplinary notice said Santos placed large trades between Feb. 2 and Feb.…