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Kalshi

Coverage of Kalshi in the Nexus archive.

Earliest in view: Jun 23 · 00:00 UTCMost recent: Jul 7 · 22:51 UTC
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Recent coverage
  • BUSINESSJul 7 · 22:51 UTCCNBC TOP
    Kalshi traders see slim odds U.S. government will take a stake in OpenAI this year

    Traders on the Kalshi prediction market platform estimate less than a 30% chance the U.S. government will take a stake in AI companies OpenAI and Anthropic this year. The prediction market suggests a low likelihood of federal investment in these companies.

  • BUSINESSJul 7 · 19:49 UTCBITCOIN MAGAZINE
    Polymarket Turns On Instant Bitcoin Deposits Via Lightning Network, Powered by Spark

    Polymarket, a crypto-native prediction market, now supports instant Bitcoin deposits via the Lightning Network using Spark's infrastructure. This update offers faster, more private transactions compared to previous on-chain methods, reducing wait times and fees. Spark handles validation and confirmation risks, enabling self-custodial deposits tied to user keys.

  • BUSINESSJul 6 · 23:10 UTCSF STANDARD
    A Marina bar will cover your tab using prediction markets if the U.S. beats Belgium

    The Blue Light, a Marina bar, will cover customers' tabs if the U.S. beats Belgium in the World Cup using prediction markets via Kalshi. The promotion is tied to a World Cup match outcome.

  • BUSINESSJul 6 · 08:00 UTCBLOOMBERG
    These Are the Sharps Actually Making Money on Prediction Markets

    Polymarket and Kalshi, prediction market platforms criticized for enabling financial risk-taking, are using free groceries as incentives to attract users in New York subway stations. The companies face scrutiny but are employing new strategies to expand their reach.

  • BUSINESSJul 5 · 13:00 UTCCOINDESK
    Kalshi and prediction market sector embroiled in mixed bag of legal fights across U.S.

    Kalshi and the prediction market sector are involved in a series of legal disputes across the United States. The legal challenges reflect a complex regulatory environment for prediction markets.

  • BUSINESSJul 5 · 11:00 UTCNY POST
    Kalshi promo code NYPMAX: Trade $10, get $15 for Mets vs. Braves

    Kalshi offers a promo code NYPMAX for a prediction market trade deal where users trade $10 to get $15 for the Mets vs. Braves event. The promotion is highlighted as one of the best in the market.

  • BUSINESSJul 3 · 11:57 UTCTHE BLOCK
    Spotify asks Kalshi, Polymarket to remove branding after manipulated streams used to settle music bets: Bloomberg

    Spotify requested Kalshi and Polymarket to remove its branding after 500,000 fake streams manipulated a $3 million music market. The fake streams were used to influence outcomes in music betting markets.

  • SECURITYJul 2 · 23:08 UTCSEMAFOR
    Prediction market fraud fears grow on suspicious wagers

    Spotify requested Kalshi and Polymarket to remove its logo after users allegedly manipulated data on the platform to profit from prediction markets. The company deleted half a million streams from Malcolm Todd’s song following a surge in listens linked to suspicious wagers on Kalshi. French authorities also investigated a potential tampering of a weather device at Paris’ airport to win a Polymarket bet.

  • BUSINESSJul 2 · 19:46 UTCCBS NEWS
    Spotify removes streams of No. 1 song after suspicious Kalshi bets

    Spotify removed streams of Malcolm Todd's 'Earrings' after detecting suspicious betting activity on Kalshi linked to the song's streams. The platform determined the streams were not from genuine listeners.

  • POLITICSJul 2 · 19:40 UTCNC NEWSLINE
    $34 billion NC budget on its way to Gov. Josh Stein after year-long delay

    North Carolina's $34 billion budget passed the House and Senate with bipartisan support and moves to Gov. Josh Stein for approval. The budget includes a 23% tax on sports betting revenue and a 6% tax on prediction market trading sites, drawing criticism for potential revenue loss to UNC schools. Legislative delays caused a year-long gap in passing a comprehensive budget.

  • BUSINESSJul 2 · 17:00 UTCNY POST
    Kalshi promo code NYPMAX: Trade $10, get $15 for Portugal vs. Croatia

    Kalshi offers a promo code NYPMAX allowing new users to trade $10 and receive $15 for predicting outcomes in the Portugal vs. Croatia event. The promotion is aimed at encouraging new users to sign up and participate in sports predictions.

  • BUSINESSJul 1 · 16:27 UTCCNBC TOP
    Inflation peaked in May as energy prices fell in June, Kalshi traders think

    Kalshi traders predict inflation peaked in May due to June energy price declines, with less than 30% odds of exceeding 4.2% by 2026.

  • BUSINESSJul 1 · 05:16 UTCBUSINESS INSIDER
    There's one big reason insider trading is harder to catch in stocks than prediction markets: Kalshi CEO

    Kalshi CEO Tarek Mansour claims insider trading is easier to detect in prediction markets compared to the stock market due to the direct link between information and trades. He cited former Rep. George Santos's alleged insider trading on Kalshi as an example, noting the platform is implementing stricter measures to combat such activity. Lawmakers, including Minnesota Gov. Tim Walz, have criticized prediction markets and proposed bans or restrictions.

  • BUSINESSJun 30 · 23:26 UTCFOX NEWS
    Investing in prodigy Jackson Koivun and four other golfers at the 2026 John Deere Classic

    The 2026 John Deere Classic features a soft PGA TOUR field as top players prepare for overseas events. The article highlights investments in Jackson Koivun, a rookie pro making his debut through the PGA TOUR University, and four other golfers, including Jacob Bridgeman, Tom Kim, Denny McCarthy, and Emiliano Grillo, with specific betting odds and stakes.

  • BUSINESSJun 30 · 21:44 UTCCOINTELEGRAPH
    Massachusetts AG files amended lawsuit against Kalshi over sports betting after court ruling

    Massachusetts AG filed an amended lawsuit against Kalshi, alleging the company targeted users under 21 through social media and university campus marketing. The court approved the lawsuit.

  • BUSINESSJun 30 · 17:24 UTCSEMAFOR
    Susquehanna seeks $70M for insider trading

    Susquehanna Investment Group is seeking $70 million from 100 unnamed defendants it alleges engaged in insider trading ahead of China's crackdown on offshore brokers. The trades, primarily through Interactive Brokers, involved options that profited as shares of Nasdaq-listed brokers fell following a regulatory announcement by China's financial regulator.

  • BUSINESSJun 30 · 09:23 UTCTHE BLOCK
    Kalshi hit with 14-day restraining order in Michigan, blocking sports prediction markets in state

    Kalshi faces a 14-day restraining order in Michigan, preventing the operation of sports prediction markets in the state. The issue stems from a jurisdictional dispute between the CFTC and multiple state regulators over oversight of prediction market platforms.

  • POLITICSJun 30 · 09:08 UTCCOINTELEGRAPH
    Michigan judge blocks Kalshi from allowing residents to place sports bets

    A Michigan judge has temporarily blocked Kalshi from offering sports betting contracts to residents, intensifying a legal dispute between state and federal authorities over prediction markets and gambling regulations.

  • BUSINESSJun 28 · 21:18 UTCBLOCK CLUB CHICAGO
    Prediction Market Kalshi Sues Illinois Over Its Push To Regulate Sports Bets

    Prediction market Kalshi sued Illinois over new taxes and licensing requirements for sports bets, arguing the state's classification of its platform as unlicensed sports wagering violates federal jurisdiction. Illinois amended its Sports Wagering Act to impose 1.75% and 3.5% taxes on Kalshi's wagers, effective July 1, and requires a costly license. Kalshi claims compliance would conflict with federal Commodity Futures Trading Commission (CFTC) regulations.

  • BUSINESSJun 28 · 20:00 UTCNY POST
    Kalshi promo code NYPMAX: Trade $10, get $15 for Japan vs. Brazil

    Kalshi offers a promo code NYPMAX that provides a $15 bonus for trading $10 on the Japan vs. Brazil prediction market. The promotion is described as one of the best prediction market offers available.

  • BUSINESSJun 27 · 09:33 UTCBUSINESS INSIDER
    Insiders from Perplexity, Kalshi, Replit, and more share how to get a job at a buzzy startup

    The article provides job-seeking strategies from hiring managers at startups like Perplexity, Kalshi, and Replit, emphasizing community engagement, research, creativity, and understanding startup culture. Examples include sending personalized gifts, referencing hidden details in career pages, and demonstrating initiative.

  • BUSINESSJun 26 · 17:17 UTCNY POST
    Kalshi donated $300K in shares to Donald Trump Jr. after he became adviser to prediction market: report

    Prediction market Kalshi donated approximately $300,000 worth of shares to Donald Trump Jr. after he became a strategic adviser to the company in early 2023.

  • POLITICSJun 26 · 10:00 UTCDENVERITE
    Millions pour into Denver’s most competitive congressional race in decades

    Denver's congressional race between Rep. Diana DeGette and challenger Melat Kiros has seen heavy spending from campaigns and outside groups, with prediction markets and polling indicating a tightening contest. Kiros, endorsed by U.S. Sen. Bernie Sanders, has gained momentum, while DeGette's supporters have spent over $2 million to attack her. Both candidates face claims of misinformation in their ads.

  • BUSINESSJun 26 · 04:00 UTCFINANCIAL TIMES WORLD
    Trump son set for Kalshi windfall after prediction platform gave him stake

    Trump's son is set to receive a financial windfall from Kalshi, a prediction platform that granted him a stake. The company's valuation has increased as the US administration has taken a light-touch approach to the sector.

  • BUSINESSJun 25 · 21:50 UTCCHICAGO SUN-TIMES
    Kalshi sues to block new Illinois tax on prediction markets

    Kalshi filed a federal lawsuit in Illinois to block a new transaction tax on prediction markets, arguing the tax violates federal regulation and the Supremacy Clause. The company claims its event contracts are federally regulated and not gambling, while Illinois regulators have issued cease-and-desist letters to Kalshi and competitors.

  • BUSINESSJun 25 · 10:28 UTCDECRYPT
    Kalshi Seeks $40B Valuation Weeks After $1B Raise: FT

    Kalshi, a prediction market, is seeking a $40 billion valuation weeks after raising $1 billion. The company aims for a valuation nearly double the $22 billion it reached last month, amid an escalating federal-state dispute over regulation.

  • BUSINESSJun 25 · 02:23 UTCCOINTELEGRAPH
    Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT

    Kalshi is seeking new capital at a $40 billion valuation, nearly doubling its previous raise. This reflects growing investor confidence in regulated prediction markets.

  • BUSINESSJun 25 · 02:12 UTCTHE BLOCK
    Kalshi in talks to raise funds at $40 billion valuation: FT

    Kalshi is in talks to raise funds at a $40 billion valuation, according to a report. The company previously reported a $5 billion valuation in October.

  • BUSINESSJun 24 · 23:59 UTCCOURTHOUSE NEWS
    Kalshi sues Illinois over new tax on prediction markets

    Kalshi, a prediction market platform, sued Illinois officials over a new state law imposing a 15% tax on sports-related wagers. The company argues the law violates the supremacy clause by conflicting with federal regulation of derivatives overseen by the Commodity Futures Trading Commission.

  • TECHNOLOGYJun 24 · 22:07 UTCCBS NEWS
    Meta creating prediction market app, NYT says

    Meta is developing a prediction market app, according to a report by the New York Times. The company aims to enter a market dominated by platforms like Kalshi and Polymarket, which allow users to bet on various events. CNET's Abrar Al-Heeti discussed the report on CBS News.

  • BUSINESSJun 24 · 21:37 UTCDECRYPT
    Kalshi Sues Illinois Over New State Tax on Sports-Related Prediction Markets

    Kalshi is suing Illinois over a new state tax on sports-related prediction markets. The tax, set to take effect next week, would impose a 15% levy on gross receipts from such wagers.

  • BUSINESSJun 24 · 19:48 UTCCOINDESK
    Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket

    Kalshi aims for a $40 billion valuation and is expanding its lead over competitor Polymarket. The company's aggressive valuation target highlights its growing dominance in the market.

  • BUSINESSJun 24 · 19:34 UTCCOINTELEGRAPH
    Kalshi sues Illinois officials over prediction markets restrictions

    Kalshi, a prediction markets company, has sued Illinois officials over a law signed as part of a budget package that restricts prediction markets and will take effect on July 1. The company claims the law will cause it irreparable harm.

  • BUSINESSJun 24 · 19:00 UTCFINANCIAL TIMES WORLD
    Predictions market Kalshi in talks to raise funds at $40bn valuation

    Kalshi, a predictions market, is in talks to raise funds at a $40 billion valuation. The rapidly growing company is challenging established derivatives and betting rivals.

  • BUSINESSJun 24 · 10:38 UTCCOINDESK
    Cboe revives S&P 500 binary options, chasing a market popularized by Polymarket, Kalshi

    Cboe revives S&P 500 binary options to enter a market popularized by platforms like Polymarket and Kalshi. The move positions Cboe to compete in a growing segment of speculative trading.

  • POLITICSJun 24 · 10:00 UTCTHE HILL
    Prediction market boom roils midterm elections: ‘It’s the wild west’

    The boom in prediction markets is influencing U.S. elections, raising concerns about risks and regulation. Platforms like Kalshi and Polymarket process billions in trading volumes as users bet on political and global events.

  • POLITICSJun 23 · 17:25 UTCFORTUNE
    Coming to an election near you: prediction markets

    Prediction markets, online platforms allowing bets on political and global events, are raising concerns about their impact on national security and politics. Experts warn of risks like manipulation of world events for profit, with examples including arrests over bets on military operations and death threats to journalists. Platforms like Kalshi and Predictit enable betting on U.S. elections and non-election outcomes, turning politics into a gamified activity.

  • BUSINESSJun 23 · 16:23 UTCCOINTELEGRAPH
    CBOE weighs converting BTC, ETH continuous futures into perpetual futures: Report

    CBOE is considering converting Bitcoin (BTC) and Ethereum (ETH) continuous futures into perpetual futures as U.S. regulatory changes drive adoption of crypto perpetual futures. Competitors like Coinbase and Kalshi are also expanding their offerings, prompting Cboe to evaluate a product overhaul.

  • BUSINESSJun 23 · 07:19 UTCBLOOMBERG
    Kalshi Adds India to Restricted List After Prediction Market Ban

    Kalshi has added India to its restricted list following a prediction market ban. The action reflects compliance with regulatory restrictions on prediction markets in the country.

  • BUSINESSJun 23 · 00:00 UTCTHE BLOCK
    TurboFlow, aiming to be the ‘Kalshi of APAC,’ raises $6 million seed led by Pantera Capital

    TurboFlow, a platform offering prediction markets and perpetual futures, has raised $6 million in seed funding led by Pantera Capital. The company aims to serve as a localized alternative to Kalshi and Polymarket for Asian users.

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