On August 11, the CFTC invoked emergency powers for only the seventh time in its history to keep Kalshi running after New York filed a $36 billion lawsuit calling prediction contracts illegal gambling. The clash between federal derivatives law and…
Baltimore has sued Kalshi and Polymarket over alleged unlicensed sports betting, with its case against Kalshi also naming Coinbase, Robinhood and Webull over their role in distributing sports event contracts. According to complaints filed Thursday by Mayor Brandon Scott and…
CFTC is reportedly reviewing prediction-market mention bets for manipulation risk as Kalshi removes sports versions while other categories stay live.
The Washington court, however, allows Kalshi to continue offering commodities, climate, economics and finance-related markets in the state.
The Block•Danny Park14 Aug
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.
Cointelegraph•Cointelegraph by Turner Wright13 Aug
Mayor Brandon Scott and the Baltimore City Council sued Kalshi, Polymarket and major trading platforms over alleged illegal sports betting.
The Block•Kyle Baird13 Aug
Kalshi is reportedly discussing a funding round of at least $750 million at a $40 billion valuation with Sequoia Capital and Wellington Management.
CryptoBriefing•Estefano Gomez13 AugThe lawsuits could redefine prediction markets' regulatory landscape, potentially imposing state-level gambling compliance burdens nationwide.
CryptoBriefing•Editorial Team13 Aug
CoinDesk•Olivier Acuna13 Aug
New York City Council has opened an investigation Wednesday into how Kalshi, Polymarket, Coinbase and Gemini Titan advertise prediction contracts to city residents. Speaker Julie Menin announced that she sent letters to the four platforms. They have 14 days to disclose their New York user numbers, marketing methods, and how much they make in the
BeInCrypto•Kamina Bashir13 Aug
Bitcoin-focused prediction markets are pricing a turbulent 2026, with bettors expecting sharp swings but treating six-figure prices as a distant long shot. Bitcoin was trading near $63,500 when the markets were measured at 1:30 p.m. EDT on Wednesday afternoon on Aug. 12, 2026. Across six active markets on the leading prediction marketplaces, Polymarket and Kalshi, […]
Bitcoin.com News•Jamie Redman12 Aug
The Commodity Futures Trading Commission (CFTC) ordered Kalshi to keep running its exchange after finding that New York’s attempt to stop the platform presented a market emergency. The commission cited a hypothetical bitcoin position to argue that forced liquidation could spread losses well beyond prediction markets. Its premise, that the contracts are swaps, was rejected […]
Bitcoin.com News•Luci Kelemen12 Aug
Kalshi has opened its live order book to DoubleZero Edge subscribers, providing Level 1 and Level 2 data for sports contracts and crypto perpetual futures through a dedicated fiber network. Kalshi feed provides full order book depth DoubleZero Foundation and…
The federal order preserves trading, but the regulator’s explosive description of New York’s TRO request is not a final ruling.
CryptoSlate•Oluwapelumi Adejumo12 Aug
Kalshi's proactive measures highlight the tension between regulatory compliance and market integrity, potentially reshaping prediction market norms.
CryptoBriefing•Editorial Team12 Aug
Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight cancellation data.
Cointelegraph•Cointelegraph by Turner Wright12 Aug
The integration enhances trading efficiency and market responsiveness, potentially transforming blockchain data networks into financial market conduits.
CryptoBriefing•Editorial Team12 Aug
CoinDesk•Jamie Crawley12 Aug
Kalshi has launched a live market data feed on DoubleZero Edge, giving traders real time access to full order books for sports and crypto markets.
CryptoBriefing•Estefano Gomez12 Aug
The CFTC invoked emergency authority to keep Kalshi operating as New York seeks to shut down the federally regulated prediction market.