The US government agency that watches over trading is quietly getting a tech upgrade. With fewer people on staff, it’s turning to artificial intelligence to check applications for crypto businesses faster. Instead of reading every document by hand, the agency is training its team on AI tools to spot
A group of state attorneys general, totaling thirty‑eight, has filed a joint legal support document for Massachusetts in its fight against the online prediction platform Kal Shi. The states argue that allowing a federal agency to control this type of market would undermine their long‑standing author
The Louvre’s Connect Lounge buzzed with founders, exchanges and regulators who gathered to discuss how prediction markets are turning into a serious money‑making tool. Instead of following the usual order, the talk started with how big names are jumping in – eToro’s boss announced a new wallet pu
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
Political insiders are finding themselves in hot water after using prediction markets to gamble on high‑stakes events. A U. S. Army soldier, accused of exploiting classified data about the operation that removed Venezuelan leader Nicolás Maduro from power, allegedly placed more than a dozen bets on
Brazil has suddenly blocked popular prediction markets like Kalshi and Polymarket, raising questions about why these sites got caught in the crosshairs. The government claims they were violating betting laws passed by Congress, but critics wonder if the crackdown is really about protecting traders—o
A French weather agency recently filed a police complaint after unusual temperature spikes at a Paris airport sensor led to big wins for some traders. The spikes happened twice in April—first on the 6th and again on the 15th—when the sensor readings suddenly jumped by over three degrees Celsius befo
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
Bitcoin supporters often focus on big numbers—like how much crypto a company holds. But Anthony Pompliano, a well-known figure in the Bitcoin world, is taking a different route. His company, ProCap Financial, just teamed up with Kalshi, a platform where people bet on real-world events like elections
