Kalshi’s Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire

Connecticut has issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com for engaging in illegal sports wagering activities. This enforcement action underscores the state's commitment to regulating online gambling and ensuring compliance among fintech platforms.

Connecticut has issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com, mandating them to halt unlicensed online gambling activities related to sports events contracts. This action underscores the state's regulatory stance on online gambling and its implications for these firms.

Macro strategist Alex Krüger has linked Bitcoin's future performance to anticipated changes at the Federal Reserve in 2026, suggesting that a shift towards a more dovish monetary policy under a Trump-aligned central bank could significantly impact asset returns, particularly for Bitcoin. Krüger posits that the current market is underestimating the potential for a substantial drop in US interest rates.

Kalshi has been appointed as CNN’s official prediction market partner, enabling real-time event forecasting through its regulated platform. This collaboration aims to enhance CNN's ability to provide accurate predictions on various events, leveraging Kalshi's expertise in the prediction market sector.

Kalshi has transitioned its event contracts to the Solana blockchain, marking a significant shift in the operation of prediction markets by integrating U.S.-regulated platforms into decentralized finance. This move aims to enhance liquidity and attract a broader user base within the cryptocurrency community.

Kalshi has successfully raised $1 billion in its latest Series E funding round, resulting in a valuation of $11 billion. This funding comes after the prediction market platform experienced its highest trading volumes to date last month, indicating strong market interest and engagement.

Kalshi has launched on-chain event contracts integrated with the Solana blockchain, enhancing its platform for prediction markets. This move allows users to engage with decentralized event contracts, tapping into the growing cryptocurrency liquidity. The integration is seen as a significant step in expanding Kalshi's offerings in the prediction market sector.

Kalshi has successfully raised $1 billion in a funding round, achieving an $11 billion valuation, which positions it as a leading player in the prediction market sector. This funding was led by Paradigm and comes after a period of significant trading volume growth for the platform.