Kalshi
Kalshi Joins Polymarket in Unicorn Club With Latest Fundraise: Report
Kalshi has raised$185 million at a valuation of $2 billion, according to a release.
Trump's CFTC Pick Says U.S. Can Boost Crypto Innovation and Shield Consumers
Brian Quintenz told senators at his confirmation hearing for CFTC chairman that Congress needs to ensure "full promise" of digital assets' potential.
CFTC Drops Appeal in Kalshi Election Betting Case
The CFTC appealed a federal judge’s ruling last year clearing Kalshi’s listing of a political prediction market, arguing that it presented a “profound” harm to the public.
Kalshi Will Win Battle With Nevada: Crypto Attorney
Kalshi's fight with Nevada is a question of federalism, and the language of the Commodities Exchange Act (CEA) is clearly in its favor says crypto attorney Aaron Brogan.
Trump's CFTC Head Slams Prediction Markets Resistance Under Predecessor
Caroline Pham, the agency's acting chairman, is scheduling an experts roundtable to reset the CFTC's course on this "sinkhole of legal uncertainty."
Polymarket's Customer Data Sought by CFTC Subpoena of Coinbase, Source Says
The U.S. Commodity Futures Trading Commission is said to be seeking information about customers' interactions with the prediction market site Polymarket.
The Dark Side of Crypto
HTX, the crypto exchange advised by Justin Sun, recently redeemed over 5100 wrapped bitcoins worth about $500 million, though HTX’s proof-of-reserves don’t include any WBTC at all. Plus, the mudslinging between Polymarket and Kalshi, and Pump.fun disabled its livestream feature amid disturbing shock videos. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing
Kalshi blasted the regulator’s attempt to create a “Goldilocks” definition of gaming that would include elections as “arbitrary, outcome-driven gerrymandering with no basis in the statute," in its ongoing defense against the CFTC's move to ban its prediction markets.
Polymarket Trader Loses Millions on Tyson After Making Bank on Trump
Plus: the market is not confident if Matt Gaetz will be confirmed as Trump's attorney general.
If U.S. Election Is Disputed, Prediction Markets Could Face 'Hornet's Nest'
How will Polymarket and Kalshi resolve their presidential contracts if there's another Jan. 6 or Bush v. Gore situation?
