Kalshi announced Wednesday that it had taken action against three US politicians for violating the prediction market platform’s rules on insider trading. One of the candidates, Mark Moran, a former investment banker...
New York has banned state employees from using insider information to trade on prediction markets. In an executive order signed today and viewed by WIRED, Governor Kathy Hochul forbade the state’s government...
To anyone with a pulse and a smartphone, it’s obvious that the internet has an AI slop problem. The issue has grown more severe since ChatGPT launched in 2022, with some social...
This month, USA Today published an excellent report that revealed how US Immigrations and Customs Enforcement delayed disclosing key information about the impacts of its detainment policies. The authors used the Internet...
How do you file taxes on prediction market profits? It seems like the type of straightforward question any halfway decent bookkeeper should be able to answer. Right now, though, it’s a conundrum...
Kalshi CEO Tarek Mansour posted a video on Wednesday of six men decked out in business casual doing push-ups on the sidewalk. “This is how Kalshi Q1 board meeting ended,” he wrote...
Kalshi has been temporarily banned in Nevada, marking the latest escalation in the widening regulatory war over prediction markets. The First Judicial District Court of Nevada has issued a 14-day restraining order,...
When Troy Dixon first suggested incorporating prediction markets into the electronic trading platform where he works, he was met with incredulity. “People told us we were crazy,” Dixon, Tradeweb’s cohead of global...
