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Justice Department Investigates George Santos for Kalshi Trading
The United States Department of Justice (DOJ) has launched an investigation into former Congressman George Santos regarding allegations of insider trading on the prediction market platform Kalshi. According to reports f…
Kalshi Prediction Market Provides Novel Hedging for NYC Business
A New York City establishment has successfully demonstrated a pioneering use case for prediction markets by utilizing Kalshi to hedge against promotional costs. The Jeffrey, a craft beer and cocktail bar located on Manh…
Future of US Crypto Perpetuals: Analyzing Kalshi’s Market Role
The landscape of the United States cryptocurrency derivatives market is facing a potential transformation following insights from Kyle Samani, the former co-founder of Multicoin Capital. Samani recently outlined three d…
Ninth Circuit Rejects Federal Jurisdiction for Kalshi and Polymarket
The U.S. Ninth Circuit Court of Appeals has delivered a significant legal setback to prediction market platforms Kalshi and Polymarket, denying their request to halt enforcement actions initiated by state authorities. T…
Interactive Brokers Integrates Kalshi Prediction Markets Into Platform
The prediction market platform Kalshi has officially announced a strategic partnership with Interactive Brokers, a leading global brokerage firm. This collaboration marks a significant milestone in the convergence of tr…
Kalshi Prediction Market Fails to Outperform Wall Street Analysts
A recent performance analysis indicates that the prediction market platform Kalshi has struggled to provide more accurate forecasts for U.S. non-farm payroll (NFP) data compared to traditional economic experts. Despite …
Pompliano’s ProCap and Kalshi Partner to Launch AI Prediction Data
ProCap Financial, a research firm led by crypto entrepreneur Anthony Pompliano, has announced a strategic partnership with Kalshi to introduce a specialized research product focused on prediction markets. This collabora…
Washington State Sues Kalshi Over Alleged Illegal Gambling Activities
The legal landscape for decentralized and centralized prediction markets has become increasingly complex as Washington State filed a lawsuit against Kalshi. State regulators allege that the platform is offering gambling…
Kalshi Gains FCM Approval to Launch Margin Trading via Kinetic Markets
The prediction market platform Kalshi has officially received regulatory approval to operate as a Futures Commission Merchant (FCM) through its affiliate, Kinetic Markets LLC. This development marks a significant milest…
Kalshi Valuation Hits $2 Billion as Prediction Market Demand Surges
The prediction market sector continues to demonstrate significant growth despite a tightening regulatory landscape. In a recent funding round, the prediction platform Kalshi has successfully raised over $1 billion, effe…