George Santos Settles CFTC Case Over Trading His Own Kalshi Market
Former U.S. Rep. George Santos will pay $35,069.98 and accept a three-year trading ban to settle CFTC findings that he manipulated...
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Casino Lobby Fueled NY Lawsuit Against Kalshi, CEO Mansour Claims
Tarek Mansour, CEO of Kalshi, stressed that the legal actions the state of New York has taken against his platform are being pushe...
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George Santos traded against himself on Kalshi and got caught
The Santos case highlights the need for stricter regulations in prediction markets to prevent self-referential trading and ensure...
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Kalshi launches 15-minute gold and silver prediction markets
Kalshi's expansion into rapid commodity trading could democratize access to precious metals markets, attracting both retail and in...
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Kalshi and Polymarket’s combined volume reaches all-time high in July, surpassing $50 billion
Notably, Polymarket US's volume rose 54% while the main Polymarket platform's volume fell 26% compared to June.
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Grok AI Predicts Bitcoin Will Blow Past Its Old Record by End of 2027
Grok AI predicts a major re-rating for Bitcoin, and this price prediction is unusual in its timeframe, targeting the end of 2027 r...
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New York sues Kalshi over illegal gambling violations, seeks up to $36 billion in penalties
The lawsuit could reshape the regulatory landscape for prediction markets, impacting their operations and investor confidence nati...
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Tesla and SpaceX merger possible before 2028, Kalshi reports 60% probability
A potential Tesla-SpaceX merger could reshape market dynamics, influence investor strategies, and impact the tech and aerospace se...
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Former Rep. George Santos agrees to pay $35,000 in CFTC settlement over Kalshi SOTU bet
Former expelled U.S. Rep. George Santos settled with CFTC over trades made on Kalshi about the State of the Union.
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New York sues Kalshi for running an illegal gambling operation
A New York victory could empower state regulators over prediction markets, challenging federal oversight and reshaping compliance...
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Morning Minute: Coinbase Posts Surprise Loss as Crypto Trading Dries Up
Plus, BTC is red this morning despite $233M in ETF inflows yesterday; and NY State is trying to shut down Kalshi and seeking $36B...
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New York sues Kalshi for allegedly operating illegal gambling, seeks $36 billion in damages
A New York victory could set a precedent, prompting states to demand gambling licenses from prediction markets, impacting crypto p...
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Coinbase Q2 Earnings Preview: Guidance and Diversification in Focus
Coinbase reports Q2 earnings after the close on July 30, with Wall Street expecting a soft quarter. Consensus revenue sits near $1...
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Binance.US to Seek CFTC Designated Contract Market License in August for Prediction Markets Push
Binance.US plans to apply next month for a designated contract market license from the Commodity Futures Trading Commission, a ste...
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Federal court shields Kalshi and Polymarket from Minnesota’s felony crackdown days before deadline
A federal judge has temporarily barred Minnesota from enforcing its new prediction-market felony law against federally regulated e...
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Kalshi and Polymarket now let you bet on drug approvals, and not everyone is thrilled about it
The emergence of drug approval betting markets raises ethical concerns and potential regulatory challenges, impacting biotech and...
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Crypto News, July 28: CLARITY Act Shelved, Bitcoin Drops in Asian Market Rout
In Washington, momentum can vanish as quickly as it arrives. The Clarity Act now sits on the shelf, while the Bitcoin price slips...
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Kalshi, Polymarket Score Win as Judge Blocks Minnesota Prediction Market Ban—For Now
The order turns on whether each contract counts as a swap under federal law, and the judge found that not every one does.
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