Kalshi and Polymarket won’t be part of FTC sports gambling probe, report
The Federal Trade Commission probe will ignore Kalshi and Polymarket and focus instead on sportsbooks like DraftKings and FanDuel.
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Kalshi’s AI ad turned an Asian YouTuber into ‘a white dude’
Kalshi claimed it was an old advert and said it no longer uses AI-generated ads, however, it was spotted on YouTube this week.
Suspicious Kalshi bot shuts down amid wash trading claims
A suspicious bot on a Zohran Mamdani Kalshi market has stopped trading following allegations of wash trading.
Kalshi won’t let you bet on its Supreme Court outcome
Prediction market Kalshi's refusal to take bets on its Supreme Court case means it won't be able to hedge against its possible downfall.
CFTC orders Kalshi to continue operations amid New York lawsuit
The CFTC gave the order after Kalshi told the the regulator that a New York state lawsuit is causing a "market emergency."
Coinbase AI push notification hallucinated World Cup winner
Coinbase AI fired out a push notification about Norway beating Brazil in the World Cup hours before the match had been played.
American Indian tribes want Kalshi and Polymarket off their land
A group of American Indian tribes wants to stop prediction markets and regulatory bodies from undermining gaming laws on their land.
La Liga club Osasuna reportedly used Kalshi to hedge relegation risk
Semafor reported that La Liga club Osasuna's €1.2M "insurance" against potential relegation was a Kalshi bet.
The revolving door for lawyers between Kalshi and DOJ
Kalshi’s former lawyer now helps the US Department of Justice in lawsuits that cushion Kalshi from criminal lawsuits by state regulators.
— Kalshi, Polymarket
Assassination markets are legal now but Trump doesn’t have to worry
Polymarket currently has open assassination markets on its website and they’re some of the most heavily traded markets on the platform.