US Regulators Approve Kalshi to Launch CFTC-Regulated Perpetual Futures Anchored by Bitcoin
US Regulators Approve Kalshi to Launch CFTC-Regulated Perpetual Futures Anchored by Bitcoin: a fresh look at Kalshi Bitcoin perpetual futures, market conte
Category: Kalshi
CFTC Kentucky Lawsuit Extends Federal-State Fight Over Prediction Markets
CFTC Kentucky Lawsuit Extends Federal-State Fight Over Prediction Markets
TL;DR
TL;DR
The CFTC is reportedly challenging Kentucky’s approach to prediction-
Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.
Kalshi sues Illinois officials over prediction markets restrictions
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1.
CFTC sues Kentucky after state’s prediction market lawsuits
The Commodity Futures Trading Commission has sued Kentucky, now the ninth state the regulator is battling in its fight over prediction markets.
Prediction Markets Turn Bearish As Kalshi Traders Price 69% Odds Of Bitcoin Dropping To $50,000 First
Kalshi traders are pricing bearish Bitcoin odds, with one market showing BTC more likely to hit $50,000 before $100,000.
Kalshi-CFTC Fight In New Mexico Could Shape Prediction Market Rules
A jurisdiction fight over Kalshi and New Mexico could help decide how prediction markets scale across the United States.
Kalshi Sues Minnesota Over New Law Blocking Prediction Markets
Kalshi has ramped up its battle over prediction markets by filing a lawsuit against the state of Minnesota. The lawsuit challenges a recently passed law that would restrict most prediction market activity and impose criminal penalties on certain event-based contracts. Kalshi And Minnesota Clash At the core of Kalshi’s lawsuit is its jurisdiction argument. The […]
Crypto PACs Flex Political Muscle In High-Stakes Texas Runoffs
Bets on the Texas Republican Senate primary runoff topped $16 million in total volume on prediction platform Kalshi, which gave crypto-backed candidate Ken Paxton a 96% chance of defeating incumbent John Cornyn heading into Tuesday’s vote. Related Reading: Crypto Founder Takes Seat On SpaceX Journey To Mars The Kalshi platform had consistently favored the Democratic […]
Polymarket Hit By $700K Exploit: What We Know And Why Experts Say It Could Have Been Worse
Polymarket came under attack earlier on Friday after a contract exploit drained more than $600,000 in crypto. Despite the size of the theft, multiple security analysts emphasized that user funds and market outcomes were not impacted. One expert even argued that the incident could have been significantly worse if additional controls in the compromised contract […]