prediction market
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Business
CFTC Fines George Santos $35,000 for Manipulating Kalshi Bet on His Own SOTU Attendance
Federal regulators have fined former U.S. Representative George Santos $35,000 after finding he engaged in illegal manipulative trading on the…
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Crypto
New York Sues Kalshi for $36 Billion in Massive Regulatory Clash Over Prediction Markets
New York state authorities have launched a sweeping lawsuit against Kalshi, seeking at least $36 billion in penalties and an…
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Business
Robinhood Tops Q2 Forecasts as Prediction Market Volume Soars to 13 Billion
Retail trading platform Robinhood Markets delivered stronger-than-expected financial performance for the second quarter, powered by rapid expansion in its event-contracts…
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Crypto
US Crypto Exchange to Seek CFTC Approval for Regulated Prediction Markets in August
A major U.S.-based cryptocurrency exchange is preparing to submit a formal license application to federal regulators in August, aiming to…
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Business
White House Teleprompter Operator Exits Government Service Amid Kalshi Betting Investigation
A White House teleprompter operator accused of using confidential presidential speech transcripts to profit on a financial prediction platform is…
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Crypto
Federal Employee Exits Government Amid Kalshi Bets on Trump Speeches
Gabriel Perez, a federal employee accused of profiting from wagers placed on President Donald Trump’s speeches, is no longer employed…
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Crypto
Bitcoin Tests Key Resistance Above $64,000 as Macro Tailwinds Clash With Bearish Technical Signals
While Wall Street enjoyed a highly productive Tuesday, the digital asset market continues to navigate a more precarious path. Despite…
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Crypto
France Orders ISPs to Block Polymarket as Regulator Cracks Down on Decentralized Betting
France’s primary gambling regulator, the Autorité nationale des jeux (ANJ), has taken its most aggressive step yet against the popular…
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