Kalshi
Activity
Trump's Endorsement Fuels GOP Tensions in Texas Senate Race Amid Party Divisions
Recent articles highlight increased internal conflicts within the Republican Party over Trump’s endorsement of Ken Paxton in Texas. This development signifies deeper divisions that could influence upcoming midterm elections and party unity.
Kalshi fines and suspends three US politicians for betting on their own elections
Kalshi has suspended and fined three U.S. congressional candidates for placing bets on their own elections. This development highlights ongoing regulatory crackdowns on prediction market activities involving politicians.
Wisconsin Sues Kalshi, Coinbase, Robinhood, and Others Over Sports Betting Contracts
Wisconsin has filed a lawsuit against several prediction market platforms, alleging violations of state gambling laws through their sports betting contracts. The case signals an intensifying regulatory challenge for digital betting services and could influence industry standards and compliance strategies.
Polymarket valuation dips amid crypto token plans, rival Kalshi remains higher
Polymarket's valuation has fallen amid concerns over its upcoming crypto token launch, which may impact investor confidence. The rivalry with Kalshi, valued at $22 billion, underscores the growing yet challenging intersection of crypto and prediction markets.
Kalshi Faces Multiple Insider Trading Probes and Fines Linked to MrBeast and Politicians
Kalshi is currently investigating 200 insider trading probes and has fined a MrBeast employee $20,000 related to market manipulation. The platform also fined a MrBeast editor and a California political candidate for insider trading. These developments underscore the growing regulatory attention on prediction markets.
Federal Judge Temporarily Blocks Arizona Charges Against Kalshi Amid Federal Regulatory Dispute
A federal judge temporarily blocks Arizona from pursuing criminal charges against Kalshi, a trading platform. The US DOJ and CFTC are contesting state jurisdiction, raising broader regulatory questions.
Federal Judge Allows Arizona Prosecution of Kalshi for Prediction Market Wagering
A federal judge has denied Kalshi's request to stop Arizona's criminal case against it related to prediction market wagering. This decision means the prosecution will proceed, impacting regulation of prediction markets.
Blockchain Experts Uncover $1.8M Profits from Insider Trading in Iran Conflict Bets
Blockchain analysts and authorities are investigating suspected insider trading in prediction markets related to Iran, following large profits made using non-public information. This controversy may lead to new regulations and increased market oversight.
3rd Circuit Court Rules Federal CFTC Has Exclusive Jurisdiction Over Kalshi Sports Contracts
The 3rd Circuit Court of Appeals has ruled that the CFTC has exclusive jurisdiction over Kalshi's prediction markets, including sports contracts, in New Jersey. This decision prevents the state from regulating or shutting down Kalshi's offerings, strengthening federal oversight.
Nevada imposes 14-day ban on Kalshi after appeals court backs state
Nevada courts have officially imposed a 14-day ban on Kalshi's sports contract offerings. This formal ban follows rejected appeals and heightens regulatory challenges for Kalshi in the state.
Fox Sports launches new NBA and college basketball betting promos with bonuses up to $200
Fox Sports has unveiled a series of new betting promotions for NBA and college basketball games, offering bonuses up to $200 for new users. These incentives are designed to increase betting activity during critical matchups this weekend, potentially influencing betting behaviors and totals.
Paradigm Builds Trading Terminal, Expands Prediction Market Initiatives
Paradigm is developing a prediction markets trading terminal for professionals and market makers, expanding its involvement beyond digital assets. This move aligns with increased institutional interest in prediction markets and could significantly influence market liquidity and participation.
Washington State Sues Prediction Markets Firm Kalshi Over Gambling Allegations
The Washington attorney general has sued Kalshi, accusing it of offering illegal gambling disguised as prediction markets. This legal move reflects growing regulatory challenges facing prediction markets across US states, potentially affecting the industry’s expansion.
Senate Pushes to Ban Online Sports Betting Prediction Markets, Threatening Industry
A new bipartisan Senate bill aims to prohibit legally regulated prediction platforms from offering sports betting, risking billions in wagers. This legislative effort signals increased federal oversight and could reshape the future of sports prediction markets.
Prediction Markets Mimic Stock Trading, Spark US Regulation Debate
Prediction markets are now behaving like stock platforms, with high volumes and small traders. Meanwhile, US lawmakers debate regulations, including bans on certain bets, amid political implications involving Trump.
Polymarket Adds New Rules to Combat Insider Trading and Manipulation
Polymarket announced new rules to prohibit insider trading activities and increase transparency. This move responds to growing regulatory scrutiny and aims to curb market manipulation, signaling a significant industry shift.
Kalshi Raises $1B, Doubling Valuation to $22B in Latest Funding Round
Kalshi raised $1 billion, doubling its valuation to $22 billion in just months. The funding boost signals strong investor confidence as the platform expands in the prediction market space.
CFTC Faces Challenges Regulating Insider Trading in Burgeoning Prediction Markets
The CFTC is intensifying scrutiny of insider trading within growing prediction markets after Kalshi's report of numerous suspicious activities. This crackdown is crucial to safeguard market integrity as these platforms gain influence in retail finance and mainstream media.
Kevin O'Leary Sparks $100M Oscar Best Actor Betting Surge on Chalamet and Jordan
Kevin O'Leary bet $1,000 on Timothée Chalamet winning Best Actor at the 2026 Oscars, sparking increased betting activity. The market for Oscars bets has surged past $100 million, influenced by recent shifts after Michael B. Jordan's SAG win.
Kalshi Launches $10 Bonus Promo for 2026 Oscars Betting Markets
Kalshi is offering a $10 bonus to new users trading $10 on 2026 Oscars market contracts. This promotion encourages real-time speculation on major award categories ahead of the ceremony.