Kalshi allows users to buy and sell contracts, most of which are priced between 1 cent and $1, based on how likely people think an outcome is. Traders buy “yes” or “no” positions, and then when the ...

Users on prediction market Kalshi are upping their bets that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve chair. The move comes after sources told CNBC that ...

Kalshi has proposed new rules around erroneous trades, requiring a $10,000 fee to review potentially incorrect trades, and clarifying that generally “trader error” is not grounds to cancel a trade, ...

A federal judge declined to stop Maryland’s gambling regulator from requiring that Kalshi obtain a sports gambling license.

On Aug. 11, after announcing the close of an $18 million Series A funding round,Jacob Fortinsky, the CEO and co-founder of no ...

According to the filing, the state has opted not to enforce “the relevant Maryland laws against Kalshi” until the Fourth Circuit makes its decision on Kalshi’s appeal of the District Court’s ...

Kevin Hassett leads prediction markets at 48%, while Kevin Warsh follows at 29% as top contenders for Federal Reserve ...

Forecast contracts can be a low-cost way to express well-researched probability views, but without disciplined sizing, ...

The NFL is just one option for your bonus. Sports fans can find other markets for MLB, the WNBA, PGA Tour, NBA, college ...

As of Tuesday afternoon, traders on the prediction market platform Kalshi put the chance of the Fed holding firm at 97%.

The blockchain-based prediction market startup Kalshi Inc. said today it has closed on a bumper $185 million funding round led by the cryptocurrency-focused venture capital firm Paradigm, bringing ...