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#Kalshi

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Jan Czarnocki of Elastics on Institutional Prediction Markets: “The best future is where sharps are the underwriters of insurance policies for big institutional players”
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Jan Czarnocki of Elastics on Institutional Prediction Markets: “The best future is where sharps are the underwriters of insurance policies for big institutional players”

Elastics Executive Predicts Prediction Markets Will Displace Traditional Commercial Insurance Jan Czarnocki, Chief of Staff and General Counsel at Elastics, appeared on the NEXTPredict Podcast to outline a transformative vision for prediction markets. According to Czarnocki, these platforms are poised to evolve well beyond retail sports betting and eventually displace traditional commercial insurance models. Shift ...

Kalshi Seeks 24/7 Tesla and Nvidia Perpetual Futures as Wall Street Battles Over Regulation
Coins•

Kalshi Seeks 24/7 Tesla and Nvidia Perpetual Futures as Wall Street Battles Over Regulation

Prediction marketplace Kalshi is preparing to introduce one of cryptocurrency’s most widely traded instruments to the U.S. equities market, with perpetual futures contracts tied to major companies including Tesla, Apple, and Nvidia that would operate around the clock. Regulatory Filing Planned for Dozens of Contracts The operator intends to seek regulatory approval for approximately 60 ...

Former Amazon CFO Warren Jenson Joins Polymarket as Finance Chief
Coins•

Former Amazon CFO Warren Jenson Joins Polymarket as Finance Chief

Polymarket Appoints Finance Veteran Warren Jenson as CFO to Drive U.S. Expansion Prediction market platform Polymarket has named Warren Jenson as its new Chief Financial Officer, a strategic hire aimed at accelerating the company’s U.S. expansion and strengthening global operations. Jenson will report directly to Founder and Chief Executive Officer Shayne Coplan. Seasoned Executive to ...

Kalshi Seeks En Banc Rehearing in Nevada Sports Prediction Markets Case
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Kalshi Seeks En Banc Rehearing in Nevada Sports Prediction Markets Case

Prediction market platform Kalshi has escalated its legal challenge against the state of Nevada, filing a petition for an en banc rehearing before the Ninth Circuit Court of Appeals. The move comes after a three-judge panel ruled in favor of Nevada, upholding the state regulator’s authority to classify Kalshi’s sports-related event contracts as gambling. Background: ...

Connecticut Sues Kalshi Over Sports Prediction Contracts
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Connecticut Sues Kalshi Over Sports Prediction Contracts

Connecticut has filed a lawsuit against prediction market operator Kalshi, escalating a nationwide legal battle over whether such platforms can offer sports-related contracts without state gambling licenses. The action, filed Thursday by Attorney General William Tong, alleges that Kalshi’s sports contracts function as traditional sports wagers and violate state consumer protection laws. State Alleges Unlicensed ...

Kalshi and Analysts Eye $2,800 ETH as MemeToro Presale Pushes to $100K
Coins•

Kalshi and Analysts Eye $2,800 ETH as MemeToro Presale Pushes to $100K

The broader cryptocurrency market is experiencing a significant resurgence, with Ethereum leading the charge alongside Bitcoin’s upward momentum. While high-cap assets test critical resistance levels, decentralized finance (DeFi) developers are simultaneously targeting long-standing structural issues within the memecoin ecosystem—specifically the lack of transparency during token launches on the BNB Chain. Ethereum Tests Key Resistance Zone ...