Amidst legal turmoil, Kalshi is temporarily banned in Nevada
It’s the latest escalation in a regulatory battle over the future of prediction markets.
Fintech
Polymarket continues its partnership spree with a Major League Baseball deal
MLB is only the latest in a string of recently announced partnerships involving the prediction market.
TechCrunch Startup Battlefield 200 nominations are still open
Nominate your startup, or one you know, for TechCrunch Startup Battlefield 200 before May 27. Chance to win $100,000 equity-free funding and VC access.
Kalshi’s legal troubles pile up, as Arizona files first ever criminal charges over ‘illegal gambling business’
It’s the latest salvo in an escalating battle between state regulators and an industry that claims it’s not beholden to them.
Fuse raises $25M to disrupt aging loan origination systems used by U.S. credit unions
The startup also announced a $5M ‘rescue fund’ to help credit unions ditch legacy software for its AI-native platform.
India neobank Fi winds down banking services on its platform
Fi, founded by former Google Pay executives, is discontinuing banking services over four years after launch.
Stripe wants to turn your AI costs into a profit center
Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.