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Kalshi, a blockchain-based prediction market company, has raised $300 million in a recent funding round, capitalizing on the increased popularity of these platforms. The round, which pushes Kalshi’s valuation to…
Traders have practically written in pen a quarter-point cut, daring the U.S. Federal Reserve to prove them wrong at October’s meeting ahead. Quarter-Point Trim Leads the Board for October’s Fed…
Polymarket and Kalshi are reportedly weighing fresh fundraising rounds at valuations of $9 billion and $5 billion, respectively, according to a new report from The Information. Technology newsletter The Information…
The Massachusetts Attorney General’s Office has filed a lawsuit against prediction market platform KalshiEX LLC, alleging it illegally offered sports wagering to state residents without a license. Bay State Calls…
Traders across futures and prediction markets are nearly unanimous: the Federal Reserve is expected to cut interest rates at its September meeting, with a 25 basis point reduction the clear…
Ghislaine Maxwell, once a close associate of the late financier and sex-trafficking operator, Jeffrey Epstein, said she does not believe Epstein took his own life. She also stressed that she…
Robinhood has announced the launch of pro and college football prediction markets within the app, allowing customers to trade on the outcomes of popular football games. Since the introduction of…
Polymarket and Kalshi, two prominent prediction markets, have continued to record substantial trading activity into 2025, with volumes, active accounts, and market offerings reflecting ongoing participation beyond the 2024 U.S.…
After U.S. President Donald Trump announced on Saturday evening that the U.S. had launched successful airstrikes on Iran, trading activity tied to the Middle East conflict on prediction markets lit…
Ever since tensions flared between Elon Musk and Donald Trump, markets have seesawed and social media has lit up with fiery takes on the so-called “Big Beautiful Bill.” The clash…