Kalshi to Create ‘Portal for Parents‘ on Prediction Markets: Report
The co-founder and CEO of Kalshi announced new measures to crack down on minors using the prediction markets platform, despite having a minimum age requirement of 18 years old.
The co-founder and CEO of Kalshi announced new measures to crack down on minors using the prediction markets platform, despite having a minimum age requirement of 18 years old.
High Roller Technologies announced it had executed a definitive agreement with Crypto.com as part of the exchange’s move into prediction markets.
Polymarket prediction markets briefly surfaced in Google News alongside major publishers before disappearing, with Google saying the inclusion was an error.
An Arizona federal court has paused state gambling enforcement against Kalshi, with judges signaling that event contracts likely fall under federal derivatives regulation.
To the Moon and back again: Kalshi users are taking positions on what NASA will say at a press conference following the splashdown of Orion spacecraft from the Artemis II...
The White House issued a warning to staff about insider trading by government officials, adding to growing concerns tied to oil and prediction market trading by politicians.
Binance Wallet has integrated prediction markets features on its app as platforms like Polymarket face scrutiny for controversial bets.
Regulators argued that prediction market contracts fall under the exclusive jurisdiction of the CFTC and requested a temporary restraining order to halt the Arizona court’s prosecution of Kalshi.
Data suggests quitting a full-time job to become a prediction market trader is a pipe dream for most, with just 0.015% of Polymarket traders sustaining a monthly profit above $5,000.
Three Polymarket traders profited $484,575 on a market related to the US and Iran agreeing to a ceasefire by Tuesday, raising concerns of possible insider trading.
Seven members of the US House of Representatives called on CFTC Chair Michael Selig to answer for how the agency was policing “morally obscene” event contracts.
Polymarket’s March 30 fee overhaul pushed weekly fees to $7.1 million, giving it 96.8% of onchain prediction market revenue.
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