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.…
As August comes to a close, the CLARITY Act is barreling toward a critical Sept. 15 Senate test with prediction marketplace odds flashing serious doubt that Congress can drag the sprawling U.S. crypto market structure bill across the finish line before 2026 ends. The split is hard to miss. At the time of writing, Kalshi […]
Bitcoin.com News•Jamie Redman31 Aug
The exchange found the former congressman placed large trades on his own State of the Union attendance, then made false statements to move prices, profiting nearly $18,000.
The high impeachment odds highlight potential political instability, influencing market dynamics and public perception of governance efficacy.
CryptoBriefing•Editorial Team31 Aug
Kalshi's decisive action against Santos highlights the platform's commitment to integrity, setting a strong precedent for prediction market regulation.
CryptoBriefing•Editorial Team31 Aug
CoinDesk•Francisco Rodrigues31 Aug
Former U.S. Rep. George Santos has been permanently banned from trading on Kalshi, marking the platform’s first-ever permanent ban.
The Block•Sarah Wynn31 Aug
Kalshi's partnership with Alpaca could significantly boost global prediction market accessibility, potentially accelerating industry growth to $1 trillion by 2030.
CryptoBriefing•Editorial Team31 Aug
Kalshi's exclusive US Open partnership could redefine prediction markets' role in sports, enhancing visibility and regulatory acceptance.
CryptoBriefing•Editorial Team31 Aug
Fomo, the social crypto trading app built for Robinhood Chain and other networks, has climbed into the top five U.S. finance apps on Apple’s App Store, overtaking Cash App and rival prediction market Kalshi. From Beta App to Chart-Topper Fomo launched its public beta in May 2025, founded by Paul Erlanger and Se Yong Park. […]
Bitcoin.com News•Shiraz Jagati31 Aug
The legal tussle involving Kalshi against state regulators has reached yet another significant stage following the dismissal of the latest legal challenge by the appeals court. The ruling handed down on August 28 was unanimous that Kalshi had failed to prove that Nevada’s rules for sports contracts were likely to
TheNewsCrypto•Lakshya Baskar31 Aug
Kalshi has secured an exclusive partnership with the U.S. Tennis Association to become the US Open’s prediction market platform partner as the tournament’s main draw gets underway in New York. Front Office Sports reported on Aug. 30, citing two people…
As part of the agreement, rival prediction market platforms are reportedly barred from advertising at the tournament and on its ESPN broadcasts.
The Block•Zack Abrams30 Aug
A Ninth Circuit ruling against Kalshi raises legal risks for CFTC prediction-market rules but does not invalidate the agency’s proposal.
Kalshi and the CFTC punished a White House staffer over Trump speech bets. Cooperating cut his fine sharply.
BeInCrypto•Lockridge Okoth29 Aug
According to the U.S. Commodity Futures Trading Commission (CFTC), former White House teleprompter operator Gabriel Perez has been ordered to pay a fine of $172,539.02 after he got caught using Kalshi to bet on Trump’s “mention market” events. CFTC Details How Perez Used Early Access to Trump’s Speeches Bitcoin.com News reported on the accusations against […]
Bitcoin.com News•Jamie Redman29 Aug
Ripple CTO emeritus David Schwartz challenges 'Major Questions' take in Kalshi case.
U.Today•Tomiwabold Olajide29 Aug
The fine marks the CFTC's second insider trading case against a federal employee trading event contracts and its second related settlement in four weeks.
The Block•Zack Abrams29 AugA three-judge federal appeals panel has rejected Kalshi’s attempt to block Nevada gaming regulators from enforcing state laws against its sports event contracts. The U.S. Court of Appeals for the Ninth Circuit ruled on Aug. 28 that Kalshi had not…