Tag: Kalshi

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Kalshi wants 24/7 Tesla and Nvidia perps as Wall Street fights over who regulates them

The prediction-market operator plans to seek U.S. approval for about 60 stock and ETF perps, taking one of crypto's biggest trading products into equities.

Kalshi Traffic Jumps 1,520% as Market Share Expands

Major prediction market platform Kalshi has seen its US web traffic explode over the past year, underscoring the platform’s rapid growth while regulators and...

Michigan Authorities Continue Pursuit to Block Kalshi as Supreme Court Fight Looms

Michigan’s attorney general announced that a state court had ordered a preliminary injunction against Kalshi, blocking the prediction markets platform for residents amid what...

Kalshi Seeks CFTC Greenlight for Regulated WTI Oil Perpetuals

Prediction market operator Kalshi will reportedly seek regulatory approval for a West Texas Intermediate (WTI) crude oil perpetual futures contract that never expires.The contract...

Kalshi lays down first lifetime ban for ex-member of Congress George Santos

The prediction market platform banned Santos for manipulation as part of the industry's ongoing efforts to show it's dealing with bad behavior.

Kalshi takes legal blow in court ruling confirming state powers over prediction markets

This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to...

Connecticut's new lawsuit against Kalshi piles on to prediction market legal fight

The courtroom combat across state and federal courts is so far producing roughly split outcomes, suggesting a big job may be coming for the...

Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle

Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.

Kalshi ordered to stop broad range of prediction markets in Washington

Kalshi must implement initial geofencing by Aug. 19 and a GeoComply multi-source geofencing system by Sept. 2.

Sequoia and Wellington in talks to lead $750 million Kalshi funding round

Kalshi, which raised $1 billion in May at a $22 billion valuation, is now the number one prediction market platform by revenue, followed by...

FlightAware Files Lawsuit Against Kalshi Over Flight Cancellation Data

FlightAware, a company that offers real-time status and information about flights globally, filed a lawsuit against Kalshi in a New York federal court over...

FlightAware Drops Kalshi Lawsuit One Day After Filing

Just a day after real-time flight tracking website FlightAware filed a lawsuit against prediction markets platform Kalshi over use of its name and data,...