A prediction market platform, Kalshi, has released a forecast suggesting an over 61% chance of a US recession in 2025. This estimation is based on the collective sentiment […]
Crypto Market Manipulation Threatens Decentralized Betting
Polymarket, a decentralized prediction market platform, has been embroiled in controversy following accusations of a major governance attack that resulted in millions of dollars lost by traders. A […]
Kalshi Takes Legal Action Against States Over Sports Betting Contracts
Prediction market platform Kalshi has challenged state regulators’ cease-and-desist orders related to its sports-related event contracts, claiming they conflict with federal regulatory authority. The company argues that its […]
Kalshi Takes Legal Action Against Nevada & New Jersey over Sports Betting Ban
Prediction market operator Kalshi has filed a lawsuit against the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement, challenging recent cease-and-desist orders that have […]