Crypto bulls have been pushing for Congress to pass a major piece of legislation aimed at creating a regulatory framework for the industry, but prediction markets say don’t count on it this year. Traders on Polymarket give it only a 15% chance of being signed into law in 2026. Traders on Kalshi have laid similar
The European Union has ushered in some additional rules that aim to make it easier for people to identify chatbots and AI deepfakes online. The new transparency obligations under the bloc’s landmark AI Act came into effect on August 2nd, requiring companies to disclose when people are interacting with AI models, and if content has
Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has hit a roadblock after a judge temporarily halted the deal in response to a lawsuit filed by a coalition of 12 state attorneys general who argue the merger would harm competition. U.S. District Judge Araceli Martínez-Olguín issued a 14-day pause Monday after hearing arguments from both
Michael Burry took a break from commenting on the stock market to focus his attention on booming prediction markets like Kalshi. In short: not impressed. The investor, made famous by Michael Lewis’ crisis-era saga “The Big Short,” shared his pessimistic assessment as prediction platforms withstand criticism over how ordinary users are faring and claims that
