Kalshi can't be stopped in New Jersey. A 3rd US Circuit Court of Appeals panel ruled on Monday that New Jersey has no authority to regulate Kalshi's prediction market allowing people to bet [...]
Nevada is taking action against the rapidly growing Wild West of prediction markets. The state's gambling regulators and attorney general sued Kalshi on Tuesday. They accuse the company of bypass [...]
The US Commodity Futures Trading Commission is suing Illinois, Arizona and Connecticut for attempting to outlaw or regulate prediction markets like Kalshi and Polymarket. The CFTC believes it has sole [...]
As agentic AI workflows multiply the cost and latency of long reasoning chains, a team from the University of Maryland, Lawrence Livermore National Labs, Columbia University and TogetherAI has found a [...]
New York is the latest state to take a stand against prediction markets. Attorney General Letitia James has sued Coinbase Financial Markets and Gemini Titan on charges that both are illegally running [...]
Prediction market Kalshi has taken action against three political candidates, alleging that each was engaged with insider trading of information about their campaigns. The company implemented new rule [...]
Mark Zuckerberg has directed a small team at Meta to build a smartphone app that would compete with prediction market platforms Polymarket and Kalshi, the New York Times reported on Tuesday. The app, [...]