Prediction markets are getting bigger every day, letting people bet on nearly anything—from sports to elections to who will win the next reality show. But the government group supposed to keep an eye on these markets is getting smaller instead of bigger. Over the past few years, the agency in charge
Kalshi, a site where people bet on future events, has stepped in to block and fine three U. S. House hopefuls for trading on markets that involve their own campaigns. The rule‑breakers come from Minnesota, Texas and Virginia, showing that the company is tightening its safeguards against political in
Kalshi, a platform where people can bet on future events, has decided to stop three U. S. congressional hopefuls from using its site because they were trading on information about their own races. The company said it had recently added rules to keep politicians from betting on contests they are invo
The governor has issued a new rule that stops state workers from using prediction markets to bet on things that could affect their jobs. This move comes after reports that some people with inside information were making large profits by placing bets before big news. The law says that anyone wh
A recent investigation revealed that a popular Solana‑based trading platform may have let insiders use hidden data to profit from other traders. The platform, part of a well‑known startup accelerator, earned over $390 million largely from volatile meme tokens. A senior employee reportedly accessed a
Prediction markets are online platforms where people can bet on the outcomes of future events. These markets have gained popularity in recent years, with platforms like Kalshi and Polymarket leading the way. Kalshi, which means everything in Arabic, allows users to trade on the outcomes of events ra
A man from Brooklyn, who once worked for a company helping others file reports with the SEC, admitted to doing something wrong. He used secret information from his job to make trades and earned over $2. 2 million illegally. This man, Justin Chen, is 31 years old. He confessed to one charge related
Japan is taking a big step to regulate cryptocurrency trading. They are updating their laws to include crypto under the Financial Instruments and Exchange Act (FIEA). This move aims to prevent insider trading, making crypto rules similar to those for stocks and bonds. The Securities and Exchange Su
Bitcoin took a wild ride over the weekend. Prices dropped sharply after President Trump announced plans for new tariffs on Chinese goods. But by Monday, things had calmed down. Some people think someone made a huge bet against Bitcoin just before the news broke. They even think it might have been so
SoundHound AI has been grabbing attention lately. Farther Finance Advisors LLC boosted its stake in the company by a whopping 39% in the second quarter. They now own 9, 830 shares, worth about $105, 000. But they're not alone. Other big investors have also been busy. AlphaQuest LLC jumped in, buyin
