WorldPingKalshi said nearly $5 billion in similarly sized Ether perpetual trades reflected its liquidity incentive programs and rejected allegations that the activity was wash trading.
This is a short WorldPing brief. The full report was published by Cointelegraph.
Read the full report at CointelegraphMore coverage: all crypto & markets news on WorldPing.
WorldPingThe prediction market says unusual patterns in its ether perpetual market are the result of liquidity incentives.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingAlmost one million trades of nearly the same size have moved through a single Kalshi market since August, and federal regulators are looking at them, as reported by The Wall Street Journal.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingThe case between New Jersey authorities and a prediction market company, if accepted by the Supreme Court, could result in clarity for state and federal officials over sports bets.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingEvery Democrat on the Senate Banking Committee is urging its chair, Sen. Tim Scott, to hold a congressional hearing on prediction markets.
Brief by WorldPing · Original reporting by The Block
WorldPingChina is rapidly advancing its nuclear weapons program with ongoing construction and upgrades at various strategic facilities nationwide. Notable developments have been observed in Pingtong, Zitong, and especially Lop Nur.
Brief by WorldPing · Original reporting by Times of India
WorldPingThe PitchBook reports rosy view is based on Kalshi being mostly unaffected in the event of an adverse Supreme Court ruling on its sports wagers.
Brief by WorldPing · Original reporting by Fortune
WorldPing