Tag: Kalshi

Fake election polls expose a Kalshi loophole that could leave traders paying for fraud

Polling firm Wedgewood confessed to fabricating election surveys, exposing a potential loophole through data aggregator VoteHub, which serves as the designated source for recurring Kalshi election contracts.

Kalshi’s $40 billion growth story hits tough questions about its trading volume

Prediction-market operator Kalshi is ending its volume incentive program early amid scrutiny of its crypto markets, while negotiating a new funding round that could value the company at $40 billion.

Prediction markets promised better information and hired Hollywood

Prediction markets are expanding through celebrity endorsements and sports partnerships, turning media consumption and opinions into tradable assets while blurring the line between entertainment and forecasting accuracy.